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Investors press Amazon, Microsoft and Google on water, power use in US data centers | Collector
Investors press Amazon, Microsoft and Google on water, power use in US data centers
The Korea Times

Investors press Amazon, Microsoft and Google on water, power use in US data centers

LONDON — Amazon, Microsoft and Alphabet's Google have each recently abandoned construction of multibillion-dollar data centers over community opposition and now the companies are coming under shareholder pressure over the environmental impact of their projects. More than a dozen investors are cranking up the heat on companies ahead of annual shareholder meetings this spring, seeking more data on the tech giants' water usage and conservation efforts as they seek to expand their computing power, according to interviews with Reuters. Trillium Asset Management, a Boston-based firm with more than $4 billion in assets under management, filed a resolution with Alphabet in December seeking clarity on how it will meet existing climate goals given the surging energy needs of its data centers, Andrea Ranger, director of shareholder advocacy, said in an interview. The company pledged in 2020 to halve its emissions and use carbon-free energy sources by 2030. Yet Trillium said emissions instead rose 51%, leaving investors "in the dark" about how it planned to meet the goals. A similar resolution fro

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