Carbon reporting legislation pushes UK Data Centres to go green
Data Centres across the UK have found themselves caught in the eye of a reputational storm over the last year, due to the constant ratcheting of climate-related financial directives that are currently being enforced and fortified on a governmental level. Most notable is the Financial Conduct Authority (FCA) listing rules, which mandate that a range of entities including asset owners and managers (investment portfolio managers, fund managers) must report on their climate-related risks.
As of April 2022, it has been extended to also include other listed companies and the largest private businesses, such as Data Centres.