Power up: Data centers use more energy than a small city

Assessing their ESG credentials

clock
Guillaume Mascotto of American Century Investments
Image:

Guillaume Mascotto of American Century Investments

Data centres emerged as one of the cornerstones of modern technology infrastructure subsequent to rising demand for online services and cloud computing solutions.

The world's data centres consume vast amounts of electricity nowadays, and with global data traffic doubling every four years, that percentage is expected to grow rapidly. Data centres are responsible for carbon dioxide (CO2) emissions comparable to the entire airline industry. One estimate claims that 90% of all data in existence today was created in the past two years and it is likely to accelerate as adoption of new technologies increases including 5G wireless computing, connected devices and the Internet of Things (IoT), the shift to electric cars, artificial intelligence and robo...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Specialist

Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Industry Voice: T. Rowe Price's 2022 Midyear Market Outlook summary

Transitioning to a new paradigm

Ritu Vohora, Investment Specialist, Capital Markets at T. Rowe Price
clock 23 June 2022 • 2 min read
Amazon shares are down 40% from its peak

Growth stock pickers feel like 'a kid in a candy shop'

'It is time to go shopping'

clock 22 June 2022 • 4 min read
David Kimberley is an investment trusts writer at Kepler & Partners

Opportunity amid madness: Valuations more attractive in wake of panic-driven price drops

Buy opportunities have arisen

David Kimberley
clock 21 June 2022 • 4 min read
Trustpilot