Colt Technology Services reinforces customer ESG commitments with new sustainability programmes
Published by Colt Technology Services on April 30, 2024
Partners Urban Miners and Supercritical support Net Zero goals
London, UK 1st May 2024– Colt Technology Services (Colt), the digital infrastructure company, today announced two new sustainability programmes which will support its own Net Zero goals and could contribute to those of its customers. Colt is partnering with Sweden-based Urban Miners to extract precious metals from unused equipment and is collaborating with carbon removal experts Supercritical to deliver a customer programme built on carbon removal credits.
As part of its commitment to building sustainable networks of the future, Colt is exploring its contribution to the circular economy, working with metals recycling company Urban Miners to analyse its decommissioned SDH legacy IT equipment and understand which materials can be reused or recycled. In a recent pilot programme in Sweden, 99.4% of its equipment was either recyclable or reusable, amounting to 8.7 metric tonnes in weight and enabling 19 tonnes of CO2 savings. Colt is now extending the pilot with Urban Miners to analyse and extract precious metals from its hardware in France, Germany, Italy, Spain and the UK.
Colt is also partnering with carbon removal company Supercritical to invest in vetted carbon removal initiatives. Colt customers will be able to count a share of these carbon removal credit purchases towards their carbon removal climate targets in their sustainability reporting. The programme makes use of a technology called biochar – an organic substance that stores carbon while improving soil health, lasting over 1,000 years, and is endorsed by governing bodies across the globe 1. Supercritical scientists apply rigorous vetting procedures to their carbon removal projects before they are included in their platform.
Marcus Lapp, Director Global IT Infrastructure Operations for Esprit said, “We are constantly in contact with our partners to make the purchase of our products and solutions as sustainable as possible, both in production but also in IT. With Colt, we work with a company that pursues ambitious ESG goals on its own initiative and implements corresponding measures. This helps us in our sustainability efforts.”
Sebastian Michel-Wildner, Senior Director Category Communications, Bertelsmann SE & Co. KGaA said, “Highly topical issues such as IT connectivity and sustainability have one thing in common: they are strategic issues that globally operating companies need to address. With Colt, we have a partner whose solutions help us to communicate and connect in a better way and who supports our sustainability efforts with its own corporate philosophy.”
Gustaf Dyrssen, Owner, Urban Miners said, “Urban Miners is working with Colt to recover legacy equipment across Europe. We are being given free hands and challenged by Colt to improve both reuse and recycling levels. In the most recent Nodes, we reached 100% recovery rate and now pursue further optimising of transport and material blends. It is a privilege to help Colt make a contribution towards a more sustainable world.”
Caroline Griffin Pain, Chief Legal Officer, Colt Technology Services said, “Our research has shown us that understanding and reducing the impact of digital infrastructure on the environment are critical priorities for global IT leaders. At Colt, we have an opportunity and a responsibility to influence these goals: to take action and drive lasting change. Partnering with these two exciting and groundbreaking companies, Urban Miners and Supercritical, will help Colt and our customers to drive real progress on our journeys to Net Zero.”
Find Colt’s latest Sustainability Report here.
1 . The Science Based Targets Initiative (SBTi) sets a limit of maximum 10% of emissions that can be used against reduction goals in the context of the Net Zero Standard. To achieve Net Zero companies must reduce at least 90% of emissions from their baseline year through decarbonisation and the remainder can be via carbon removalsCompanies must now comply with new carbon credit standards in order to offset them against their emissions, as outlined in an EU rule approved in March designed to reduce misleading environmental claims.
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