Governance
Green Finance
We issue green bonds to raise capital for projects that reduce our environmental impact and enable our customers to operate more sustainably.
Principles and reporting
Equinix’s Eligible Green Projects follow our updated 2024 Green Finance Framework, based on the Green Bond Principles of June 2021 and the Green Loan Principles of February 2023.
The updates in our 2024 Green Finance Framework include refined eligibility criteria, expanded eligible project types and stricter project qualification requirements. The 2024 Green Finance Framework refreshed eligibility criteria and thresholds to ensure we are aligned with best practices and added new green project categories, including resource conservation, decarbonization solutions and climate change adaptation.
In creating our 2024 Green Finance Framework, we laid meaningful groundwork for advancing decarbonization solutions targeted at Scope 3 emissions through green financing. Now, activities such as procuring low-carbon concrete or products with high recycled content can be funded by our green bonds. We are tracking data, costs and impacts for procurement activities to substantiate the validity of these allocations and their contributions to reducing our footprint.
The environmental benefits of our Green Finance Framework and our alignment with the Green Bond Principles are supported by a second-party opinion issued in 2024 by Moody’s ESG Solutions.
Annual Green Bond Allocation Reports communicate our progress and demonstrate that our financial activities contribute to projects with clear environmental benefits. Additionally, these reports showcase the pivotal role green debt issuances play in driving our low-carbon transition.
Our prior allocation reports as well as our 2024 Green Finance Framework, 2020 Green Finance Framework and their corresponding second-party opinions can be viewed here:
Progress
As of June 30, 2025, Equinix has issued a total of approximately US$9 billion of green bonds globally since 2020. Of this, US$7 billion in net proceeds has been allocated to projects such as power purchase agreements, energy efficiency upgrades and green building initiatives. Efforts from green buildings and energy efficiency projects have resulted in an annualized reduction of over 365,000 metric tons of carbon dioxide equivalent, with power purchase agreements contributing to the avoidance of nearly 2.3 million metric tons.
Green bond allocations
| Bond Offering | Aggregate Principal Amount | Issuance Date | Green Finance Framework | Green Bond Allocation Reports | Allocation % |
|---|---|---|---|---|---|
| 1 | $650,000,000 | September 2020 | 2020 | 2021 | 100% |
| 2 | $700,000,000 | September 2020 | 2020 | 2021 | 100% |
| 3 | €600,000,000 | February 2021 | 2020 | 2021 | 100% |
| 4 | €500,000,000 | February 2021 | 2020 | 2021 | 100% |
| 5 | $1,000,000,000 | May 2021 | 2020 | 2021 – 2022 | 100% |
| 6 | $1,200,000,000 | April 2022 | 2020 | 2021 – 2023 | 100% |
| 7 | €600,000,000 | September 2024 | 2024 | 2025 | 100% |
| 8 | CHF 100,000,000 | September 2024 | 2024 | 2025 | 100% |
| 9 | €650,000,000 | November 2024 | 2024 | 2025 | 100% |
| 10 | €500,000,000 | November 2024 | 2024 | 2025 | 100% |
| 11 | SGD 500,000,000 | March 2025 | 2024 | 2025 | 68.5% |
| 12 | €750,000,000 | May 2025 | 2024 | 2025 | 0.4% |
| 13 | €750,000,000 | May 2025 | 2024 | 2025 | 0.4% |
