QTS Announces $1 Billion Water Stewardship Initiative
QTS has pledged a $1 billion investment in global water stewardship to support its goal of becoming water positive by 2035. The initiative will focus on improving local water infrastructure, conservation projects and watershed restoration across the communities where QTS operates. This builds upon existing efforts like the company's Water-Free Cooling Design that reduces operational water use. The investment strategy includes minimizing water demand through innovative cooling technology, reusing water when feasible, and replenishing local resources via nature-based solutions tailored to regional needs. In Texas alone, $250 million will be allocated over ten years for infrastructure upgrades like replacing aging water towers in Turkey, Texas. An additional $15 million is earmarked for collaboration with the Bonneville Environmental Foundation on statewide conservation efforts. QTS emphasizes community involvement and measurable outcomes through independent verification of project results. The company aims to balance growth with environmental stewardship while supporting digital infrastructure expansion.
Tickers: $QTWO
Topics: corporate responsibility environmental sustainability water stewardship