|By Business Wire||
|August 20, 2014 08:32 AM EDT||
Iron Mountain Incorporated (NYSE: IRM), the storage and information management company, today published its first sustainability and corporate responsibility (CR) report. Available for download via Iron Mountain’s Taking CARE web portal, the report provides an overview of the company’s commitment to workplace diversity, community involvement and environmental responsibility.
“Our company has always held itself to a set of core values and ethical practices for how to treat each other and do business,” said William L. Meaney, president & CEO of Iron Mountain. “In 2012, we codified these values into our corporate responsibility platform Taking CARE so that we can properly respond to and assist in addressing some of the many multi-faceted social and environmental challenges facing the communities in which we operate. We hope this initial report provides our customers, employees and investors with the level of transparency and accountability they expect from us as we work to continually improve our workplace and the communities where we do business.”
Iron Mountain’s CR report details the goals, activities, and early results of the company’s Taking CARE platform, which comprises these four areas.
- Our Promise – Iron Mountain’s commitment to protecting its customers’ information and privacy, enabling them to focus on their core business;
- Our People – The creation of an inclusive culture that allows Iron Mountain employees to reach their potential and to be guardians of the world’s most valuable information;
- Our Environment - Iron Mountain’s efforts to limit its impact on the environment and partner with customers to aid their efforts in doing the same;
- Our Community – Support of Iron Mountain’s local communities through employee volunteering and corporate philanthropy, including the protection of cultural and historical treasures.
“As a responsible corporate citizen, we’re passionate about serving our customers and communities and are committed to building a great workplace and a better world,” said Ty Ondatje, Iron Mountain’s senior vice president of Corporate Responsibility and Chief Diversity Officer. “These moral, social and operational commitments represent that passion and comprise the pillars of our corporate responsibility program. We believe that the social and environmental value we create in our communities also creates business value for Iron Mountain. The report shows that; and while we have much to be proud of, we’ve only just begun.”
Commitment in Action
Iron Mountain’s 2013 Corporate Responsibility Report also cites specific examples of how Iron Mountain has acted on its commitments, such as:
- Sustainability – Iron Mountain hosted the installation of its first solar-array system at its Windsor, Conn. facility. The panels provide enough power to meet about 70 percent of the electricity needs at the facility. This was a part of an overall commitment to reduce the company’s environmental impact, including the investment of $5.7 million in lighting and HVAC retrofit programs across 165 North American facilities, helping to reduce overall electricity consumption by nine percent from 2012 levels.
- Employee Volunteerism – Employees hit a milestone of logging more than 100,000 cumulative hours of community volunteerism through the Moving Mountains volunteer program that gives employees two paid vacation days for doing community service.
Iron Mountain’s Living Legacy initiative – a corporate giving program created to fund non-profit cultural and historical preservation projects and organizations – provided charitable grants, in-kind services and information expertise for a pair of projects in 2013:
- CyArk – A non-profit organization dedicated to creating a free, 3-D online library of the world’s cultural heritage sites before they are lost to natural disaster, human aggression or the passage of time. Iron Mountain provide funding and secure storage and data backup services that helped inaugurate the CyArk 500, an ambitious five-year project to digitally preserve 500 world heritage sites.
- C.H. Booth Library, Newtown, Conn. – After the Sandy Hook tragedy in 2012, the community of Newtown received more than 600,000 condolences. Iron Mountain provides pro-bono storage to keep these items safe and lent financial grants to the community so they could digitize these expressions of sympathy and make them available via an online archive.
Iron Mountain’s Corporate Sustainability Report follows 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 the Taking CARE corporate responsibility portal at http://takingcare.ironmountain.com.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is a leading provider of storage and information management services. The company’s real estate network of over 67 million square feet across more than 1,000 facilities in 36 countries allows it to serve customers with speed and accuracy. And its solutions for records management, data management, document management, and secure shredding help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information for business advantage. Founded in 1951, Iron Mountain stores and protects billions of information assets, including business documents, backup tapes, electronic files and medical data. Visit www.ironmountain.com for more information.
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