Digital Realty Making Progress on Renewable Energy Goal

Aaron Binkley, director of sustainability at Digital Realty Trust, Inc. (NYSE: DLR), joined Nareit for a video interview at Nareit’s 2018 ESG Forum in Seattle.

Binkley discussed the data center REIT’s goal to power its entire global portfolio with renewable energy. He noted while Digital Realty is making “good progress,” the goal is a moving target due to the company’s continued growth.

Digital Realty’s other ESG initiatives include adding sustainability disclosures to its 10-K filings and submitting information to GRESB for the first time.

Digital Realty is also going to pay more attention to the increasing intelligence of the electricity grid, according to Binkley.

Meanwhile, Binkley highlighted some of Digital Realty’s recent sustainability achievements. He noted that the company was named number six on the EPA’s Green Power Partnership Top 30 Tech & Telecom list for sourcing renewable energy.

“We feel we’re punching above our weight a bit,” Binkley said.

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