Credit: shock/Adobe Stock Climate Change Will Up Pressure on Tech Over Energy-Hungry Data Centers
"The scale of the challenge is great and growing fast," the Association of Computing Machinery's Tech Policy Council said in a 2021 brief.
June 15, 2023 at 10:09 AM
7 minute read
Energy
Data centers, the giant facilities that form the backbone of the internet, soon will fall under more scrutiny as climate risk disclosure rules and investor expectations put more pressure on tech to reduce its environmental footprint.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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