Rackspace Technology
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 36 is higher than 63% 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 2022, Rackspace Technology reported total carbon emissions of approximately 102,000,000 kg CO2e, comprising 848,000 kg CO2e from Scope 1, about 101,000,000 kg CO2e from Scope 2 (market-based), and 945,000 kg CO2e from Scope 3 related to business travel. The total emissions from Scope 1 and 2 combined were about 7,492,000 kg CO2e. Following its 2020 IPO, Rackspace has committed to achieving net zero carbon emissions by 2045. The company has set near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2032 from a 2023 base year. Additionally, it aims to reduce absolute Scope 3 emissions from purchased goods and services by 30% within the same timeframe. Long-term, Rackspace plans to reduce total emissions across all scopes by 90% by 2045, also from a 2023 base year. These commitments align with the Science Based Targets initiative (SBTi) classification of 1.5°C, demonstrating Rackspace's dedication to addressing climate change and reducing its carbon footprint effectively.
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| 2020 | 2022 | |
|---|---|---|
| Scope 1 | 522,000 | 000,000 |
| Scope 2 | 114,909,000 | 000,000,000 |
| Scope 3 | 1,200 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Rackspace Technology is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
