[August 16, 2016] |
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Iron Mountain Publishes Third Annual Corporate Responsibility Report
Iron
Mountain® Incorporated (NYSE: IRM), the global leader in storage and
information management services, today announced the publication of the
2015 edition of its Corporate Responsibility Report. The report, now in
its third annual edition, offers a comprehensive overview on the
company's progress towards its global commitments for key Environmental,
Social and Governance (ESG) program goals. The full report is available
for download on Iron Mountain's (News - Alert) Corporate
Social Responsibility portal.
"Our customers entrust us with the assets most important to them. It's
their trust that fuels our passion for serving them and drives our
corporate social responsibility commitments," said William L. Meaney,
president and chief executive officer of Iron Mountain. "We can't be the
trusted guardians they expect us to be unless we're assembling a diverse
and inclusive team; reducing energy costs that we can reinvest into
product innovation; and giving back to the communities where they and
our employees work and live. These commitments to our people, planet and
communities are not just the right thing to do; they make us a better,
more trusted service provider."
Of note, Iron Mountain's 2015 corporate responsibility report provides
an update on four key goals across the organization: reducing Greenhouse
Gas (GHG) emissions; increasing energy efficiency; renewable energy
adoption; and the continued growth of employee volunteerism. All four
goals were achieved:
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Reduction in GHG emissions - for 2015, Iron Mountain reduced
GHG emissions by 14.6 percent, beating its goal of a zero increase
over 2014;
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Increased energy efficiency - the company achieved a
year-over-year reduction in facility energy use of 12 percent, beating
a reduction goal of 3 percent for the year;
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Renewable energy adoption - Iron Mountain increased the use of
renewable energy (such as wind or solar) to 2.4 million kilowatt
hours, a six fold increase, through a combination of onsite solar
installation and direct purchase of green power;
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Employee volunteerism - all told, Iron Mountain employees
volunteered 60,000 hours in their local communities, a new high for
the company.
Safety, Diversity, Pay Equity Lead Other 2015 Highlights, Set
Agenda for Future Goals In 2015, Iron Mountain expanded its
commitments in the areas of employee and operational safety; diversity
and inclusion; and pay equity for all employees. In each of these areas,
the company made significant progress, including:
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Listing on the 2015 DJSI - For the first time, Iron Mountain
was listed on the Dow Jones Sustainability Index (DJSI), a collection
of global rankings that mesure corporate sustainability commitment
and program performance that is accorded to the top 20 percent of
highest-performing companies;
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Safety - In 2015, Iron Mountain lowered its North American
Total Recordable Incident Rate (TRIR) to 4.1, a reduction of 20
percent over 2014 (better than the industry average of 5.9), and
improved its Lost Time Incident Rate (LTIR) to 1.3 from 1.4 in 2014;
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Diversity & Inclusion - The company launched three new
employee resource groups (ERGs) that reflected Iron Mountain's
increasingly diverse workforce (these groups include women, veterans,
millennials, LGBTA and employees of color), doubling the number of
participating employees from 585 to more than 1,200;
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Pay equity - For the second year in a row, Iron Mountain
demonstrated transparency in its reporting of pay equity between male
and female employees at all levels (couriers to senior executives)
throughout the organization. In the United States, Canada and United
Kingdom, female Iron Mountain employees earn +/- 10 percent of their
male counterparts - compared to an average gap of 21 percent in the
U.S., 19.2 percent in Canada, and 28 percent in the United Kingdom -
reinforcing a merit-based compensation philosophy that ensures gender
equality in pay.
In addition, the 2015 report lays out Iron Mountain's sustainability and
responsibility goals for the short and long term (through 2020),
emphasizing the key areas of focus for its CR efforts - including
sustainability, safety, diversity and inclusion. These goals take into
account Iron Mountain's expanding footprint from its acquisition of
Recall, the second-largest provider in the information management
industry, and the corresponding impact on its operations, real estate
and employees.
"Our employees, from the top down, believe that when CR is done with a
genuine commitment and a high level of transparency, it can be a huge
differentiator," said Ty Ondatje, senior vice president of Corporate
Responsibility and chief diversity officer for Iron Mountain. "We are
following through on that belief with our goals for next year and beyond
for our CR portfolio, a first for Iron Mountain. This lets our
stakeholders see what we aspire to accomplish, and hopefully become part
of our journey. In doing so, we hope it leads to CR naturally becoming a
conduit for deeper engagement with our customers, employees and the
communities in which we operate."
Iron Mountain's Corporate Sustainability Report follows the latest
revision (G4) of the Global Reporting Initiative (GRI) Reporting
Guidelines, a widely used standard that provides a framework for
reporting and tracking progress. To read the report, visit Iron
Mountain's corporate responsibility portal at http://www.ironmountain.com/About-Us/Corporate-Social-Responsibility.aspx.
About Iron Mountain Iron Mountain Incorporated (NYSE: IRM)
is the global leader for storage and information management services.
Trusted by more than 220,000 organizations around the world, Iron
Mountain's real estate network comprises more than 85 million square
feet across more than 1,400 facilities in 45 countries dedicated to
protecting and preserving what matters most for its customers. Iron
Mountain's solutions portfolio includes records
management, data
management, document
management, data
centers, art
storage and logistics, and secure
shredding, helping organizations to lower storage costs, comply with
regulations, recover from disaster, and better use their information.
Founded in 1951, Iron Mountain stores and protects billions of
information assets, including critical business documents, electronic
information, medical data and cultural and historical artifacts. Visit
www.ironmountain.com
for more information.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160816005174/en/
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