Rackspace Technology

Rackspace Technology's reported carbon emissions

In 2024, Rackspace Technology reported total carbon emissions of approximately 334.7 million kg CO2e, comprising 630,000 kg CO2e from Scope 1, 39.6 million kg CO2e from Scope 2, and about 294.5 million kg CO2e from Scope 3 emissions. This represents a decrease from 2023, where total emissions were approximately 370.7 million kg CO2e, with Scope 1 emissions at 4.5 million kg CO2e, Scope 2 at 45.9 million kg CO2e, and Scope 3 at about 320.4 million kg CO2e. Rackspace Technology has set ambitious climate commitments, aiming for net zero carbon emissions by 2045. This long-term target encompasses all scopes of emissions. In the near term, the company has committed to reducing absolute Scope 1 and Scope 2 GHG emissions by 50.4% by 2032, using 2023 as the base year. Additionally, it aims to reduce absolute Scope 3 emissions from purchased goods and services by 30% within the same timeframe. Furthermore, Rackspace Technology has established long-term targets to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by 2045, also from a 2023 base year. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Overall, Rackspace Technology is actively working towards significant emissions reductions while committing to transparency and accountability in its sustainability efforts.