Terremark N.V. Sustainability Profile
Terremark N.V., headquartered in Belgium, is a prominent player in the telecommunications and data centre industry. Founded in the early 2000s, the company has established itself as a leader in providing innovative IT solutions and cloud services across Europe and beyond. With a focus on high-performance data centre operations, Terremark offers a range of services including colocation, managed hosting, and cloud computing. Their unique approach combines cutting-edge technology with robust security measures, ensuring clients receive reliable and scalable solutions tailored to their needs. Recognised for its commitment to excellence, Terremark has achieved significant milestones, positioning itself as a trusted partner for businesses seeking to enhance their digital infrastructure. The company continues to expand its footprint, delivering exceptional value in an increasingly competitive market.
DitchCarbon Score
How does Terremark N.V.'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
Terremark N.V.'s score of 67 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Terremark N.V., headquartered in Belgium, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. However, the company is part of a corporate family relationship with Verizon Communications Inc., which influences its climate commitments and initiatives. As a current subsidiary of Verizon, Terremark N.V. inherits various climate initiatives and targets from its parent company. Verizon has established science-based targets for emissions reductions, which are cascaded down to Terremark. This includes commitments to reduce Scope 1 and Scope 2 emissions, as well as efforts to address Scope 3 emissions through supply chain engagement. While specific reduction targets for Terremark N.V. are not detailed, the overarching climate strategies from Verizon encompass participation in initiatives such as the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and RE100, which aims for 100% renewable energy usage. These initiatives reflect a commitment to sustainability and reducing the overall carbon footprint. In summary, while Terremark N.V. does not provide specific emissions data, it aligns with the climate commitments and reduction strategies set forth by Verizon Communications Inc., focusing on comprehensive emissions management and sustainability practices.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 581,272,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 5,061,414,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Terremark N.V.'s Scope 3 Categories Breakdown
Terremark N.V.'s Scope 3 emissions, which decreased by 9% last year and increased significantly since 2012, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 79% of Scope 3 emissions.
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Terremark N.V.'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.
Terremark N.V. 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.
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