Rackspace Technology Sustainability Profile
Rackspace Technology, a leading provider of cloud solutions, is headquartered in the United States and operates across major regions including North America, Europe, and Asia. Founded in 1998, the company has established itself as a pioneer in managed cloud services, consistently evolving to meet the demands of a dynamic industry. Specialising in multi-cloud environments, Rackspace offers a range of core services, including cloud migration, managed hosting, and application services. What sets them apart is their commitment to customer-centric solutions and a robust support system, ensuring businesses can optimise their cloud strategies effectively. With a strong market position, Rackspace Technology has garnered numerous accolades for its innovative approach and exceptional service delivery, making it a trusted partner for organisations seeking to leverage the power of the cloud.
DitchCarbon Score
How does Rackspace Technology's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Rackspace Technology's score of 60 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rackspace Technology's reported carbon emissions
In 2024, Rackspace Technology reported total carbon emissions of approximately 334,672,000 kg CO2e. This figure includes 630,000 kg CO2e from Scope 1 emissions, 39,550,000 kg CO2e from Scope 2 emissions, and a significant 294,492,000 kg CO2e from Scope 3 emissions. In 2023, the company’s total emissions were about 370,728,000 kg CO2e, with Scope 1 at 4,455,000 kg CO2e, Scope 2 at 45,856,000 kg CO2e, and Scope 3 at 320,417,000 kg CO2e. Rackspace Technology has committed to achieving net zero carbon emissions by 2045, a target established following its 2020 IPO. The company has set near-term goals to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2032, using 2023 as the baseline year. Additionally, it aims to cut Scope 3 emissions from purchased goods and services by 30% within the same timeframe. Long-term, Rackspace plans to reduce total emissions (Scopes 1, 2, and 3) by 90% by 2045, also from a 2023 baseline. These commitments align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. The emissions data and targets are sourced directly from Rackspace Technology, Inc., with no cascading from a parent organisation.
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| 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 522,000 | 000,000 | 0,000,000 | 000,000 |
| Scope 2 | 114,909,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,200 | 000,000 | 000,000,000 | 000,000,000 |
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Rackspace Technology's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Rackspace Technology has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Rackspace Technology's sustainability data and climate commitments