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2024 Responsible Business Report: Driving responsible business practices and growth

Dan Rapp •

Vertiv continues to serve its customers and communities with responsible business practices and growth through innovative and energy-efficient solutions, a people-first approach, and a commitment to resilient supply chains.

At Vertiv, our path toward a more responsible future is driven by a blend of innovation and accountability. We are dedicated to creating and deploying innovative solutions while minimizing environmental impact and advocating for alternative energy solutions.

The “One Vertiv One World™: 2024 Responsible Business Report” goes beyond outlining strategies and reporting on the past year’s successes. The report reflects the company’s actions to address environmental and social challenges while fostering long-term, responsible growth. Among its many initiatives, three aspects of the report stand out as pillars of meaningful progress in a global, interconnected landscape shaping a business model built on efficiency, responsibility, and integrity.

Designing for impact: Energy-efficient products and systems 

At the heart of Vertiv’s operations is a commitment to creating products that meet modern demands while optimizing environmental impacts. The growing reliance on data centers and critical digital infrastructure comes with energy and resource challenges. Vertiv tackles this head-on with intelligent design principles that prioritize efficiency.

The report outlines several key approaches, such as designing energy-, water-, and carbon-efficient solutions. Products like Vertiv™ CoolChip and Vertiv™ PowerUPS 9000 showcase these principles by integrating advanced cooling methods and power-saving technologies into essential infrastructure. These innovations balance performance with reduced operational impact, enabling customers to thrive in a world that increasingly values environmentally responsible business practices.

Vertiv also embraces the principles of a circular economy, pushing for the responsible use of resources by encouraging recycling, refurbishing, and reusing materials. The Vertiv™ Trade-In Program, which allows customers to upgrade older UPS systems while responsibly recycling retired equipment, exemplifies this philosophy. It’s a forward-thinking approach to global demands, making energy efficiency not just a feature, but a core strategy for responsible operations. 

This dedication underscores a vital point for businesses across sectors: creating resilient infrastructure can mean focusing on environmental responsibility. It’s about finding harmony between progress and accountability.

Cultivating people, creating change

The second highlight is Vertiv’s unwavering investment in its employees—not as a footnote, but as a strategic priority. With 31,000 associates worldwide, the company understands that its greatest assets are the people who bring its mission to life daily.

Initiatives like Vertiv’s Employee Resource Groups (ERGs) create inclusive spaces for all employees to connect, learn, and support one another. Programs such as Women at Vertiv Excel (WAVE), Vertiv™ Pride, and Black Resource & Inclusion Team for Excellence (BRITE) provide a platform for shared experiences and collaboration, allowing employees from all walks of life to feel seen, supported, and valued.

Additionally, Vertiv™’s Global Training Academies and Regional Training Centers speak to the company’s commitment to continuous development. By prioritizing up-to-date training on products and safety, these programs equip employees with the tools they need to excel in their roles. Beyond technical skills, this focus builds confidence, establishing a workplace culture where individuals can grow and excel.

This commitment to people-first practices is directly aligned with Vertiv’s broader goals engaged and motivated employees can not only drive innovation and deliver exceptional service but also act as ambassadors of the very values the company champions.

A supply chain built on integrity

No company operates in isolation. Recognizing this, Vertiv has invested heavily in building a supply chain rooted in environmental and social responsibility, innovation, and integrity. By choosing partners who align with its values, Vertiv’s approach encourages its broader network to walk the same responsible business path.

The company’s Supplier Code of Conduct upholds human rights and labor standards across its supply chain. Prohibiting forced labor, giving fair wages, and providing safe workplaces are critical elements that reflect Vertiv’s refusal to compromise responsible practices. This vigilance in holding partners accountable creates a ripple effect that stretches far beyond Vertiv, influencing partners and industries on a larger scale.

Beyond values and principles, Vertiv’s ‘Local +1’ strategy reinforces actionable goals in supply chain efficiency and carbon reduction. By rethinking how and where products are sourced and delivered, the company reduces redundancies while streamlining processes. It’s a smart, forward-looking strategy that balances operational efficiency with environmental consciousness.

Core principles drive actions for integrity and transparency

Technology, data, and connectivity will further shape the future, but it does not have to conflict with caring for the environment, communities, and values. Whether through its energy-efficient products and systems, commitment to employee development, or ethical supply chain practices, the 2024 Responsible Business Report reaffirms our belief and resolve that innovation, responsible practices, and collaborative growth go hand in hand with doing business. These efforts are essential for the organization’s ability to adapt and grow, as well as for Vertiv’s role as a leader in shaping a more accountable corporate landscape. Learn more about our journey to gain comprehensive insights into Vertiv’s strategies, programs, and actionable results by downloading One Vertiv One World™ .

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