Energy Efficiency - June 1, 2021
WEX Aims to Cut Energy Use by Reducing Data Center Locations
WEX plans to reduce its data centers from 28 to seven locations by the end of 2022 as a way to improve infrastructure resiliency and energy efficiency through consolidation into public cloud service providers.
Between 2018 and 2021, the financial technology service provider closed 12 data centers and is now 58% complete on their target to close 21 locations. The remaining seven data centers are targeted to see a 90% reduction in energy consumption through the condensing of platforms onto hyper-converged infrastructure that takes up less space for power and cooling purposes.
Other energy-saving initiatives have included the revamp of its corporate headquarters to utilize more natural light and reduce energy consumption through LED lighting and encouraging low-carbon commuting options for staff. In Maine, Wex employees are offered an annual $1,000 to participate in low-impact commuting like biking, carpooling, or public transportation.
Additionally, Wex has tried to improve the fuel economy of its customers by offering tools for freight management, route optimization, and idle time monitoring.
“While our business has always been aligned with corporate and social responsibility, our ESG report reflects WEX’s commitment to continuous improvement as we strive to become an even more sustainable and resilient business,” Melissa Smith, chair and chief executive officer of WEX, said in a statement. “We have great efforts and initiatives underway, and we have a lot of important work ahead of us. As with everything we do at WEX, our core values of integrity, execution, innovation, relationships and community will guide us.”
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