OVHcloud S&P Global Ratings ESG Evaluation reflects its commitment to lead the data revolution for a responsible future
OVHcloud received an Environmental, Social and Governance (ESG) Evaluation of 71 from S&P Global Ratings, which is the result of its ESG profile and ‘adequate’ preparedness. On a scale of 1 to 100, higher numbers indicate stronger sustainability in S&P’s evaluations.
The score places OVHcloud above the average of Technology and Telecom peers across all geographies and reflects its commitment to lead the data revolution for a responsible future by providing an open, trustworthy, and sustainable cloud.
OVHcloud was recognized as “Strong” on two key environmental dimensions: GHG emissions and water use, which reflects the integration of sustainability at the heart of OVHcloud’s business model and practices. Since its creation, the Group has always sought to use its innovation and industrial capabilities and skills to bring a positive contribution to society, with the aim of not only benefiting its clients and activities, but also the wider communities in which OVHcloud operates.
Yona Brawerman, Chief Strategy and CSR Officer stated: “As a global cloud service provider operating its datacenters and manufacturing its own servers, sustainability has been embedded in our business model and practices for over 20 years. Since our IPO in 2021, we have structured our corporate social responsibility approach and developed measurement and reporting systems. We have at heart to be as comprehensive, transparent, and proactive about our impacts as possible. We are pleased with the assessment from S&P, which provides additional transparency on the progress in our CSR journey from an independent third party."
S&P Global ratings:
“S&P Global Ratings' ESG Evaluation of 71 reflects OVHcloud's initiatives to embed sustainable business practices, combined with our view of its adequate preparedness to future disruptions. The company operates in an industry with rising environmental and social risks, including the energy impact of increasing data storage and traffic, as well as data privacy concerns and potential talent shortages. It also benefits from early investments in energy- and water-efficient data centers and a formalized climate-neutrality strategy.”
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