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Sustainability

Magnora Data Center contributes to the digital transition by developing high-quality data center projects and operating digital infrastructure in markets where the energy mix is among the cleanest in Europe. The company combines deep industry expertise with an entrepreneurial mindset to move projects from concept to ready-to-build.
Digital infrastructure is one of the fastest-growing drivers of global electricity demand. Magnora Data Center’s role is to ensure that this growth is directed to locations where it can be served by low-carbon power, with strong potential for waste heat recovery and natural cooling. The Nordics offer some of the world’s cleanest electricity mixes — 96–99% from low-carbon sources — and are central to our development focus, complemented by select sites in other European markets.

Magnora Data Center supports the UN Sustainable Development Goals (SDGs) and has identified three goals where we contribute:

SDG 9. Build resilient infrastructure, promote inclusive and sustainable industrialisation, and foster innovation. Data centers are the backbone of the modern digital economy — enabling AI, cloud services, enterprise digitalisation and sovereign data residency. Magnora Data Center develops critical digital infrastructure in well-connected locations close to grid and demand centers, supporting both resilience and innovation. 

SDG 12. Ensure sustainable consumption and production patterns. Data centers are energy-intensive by nature. Magnora Data Center prioritises sites with potential for waste heat recovery, efficient natural cooling, and low Power Usage Effectiveness (PUE), reducing the overall environmental footprint per unit of compute delivered. 

SDG 13. Take urgent action to combat climate change and its impacts. Global compute demand is growing structurally and will be served somewhere. By focusing development in markets with low-carbon electricity grids, Magnora Data Center helps reduce the carbon intensity of digital infrastructure compared to a counterfactual where the same demand is met in carbon-heavy grids. 

Purpose and policies

Magnora Data Center has a sustainable purpose and business model — developing the digital infrastructure that underpins the AI and cloud economy, while seeking to do so in locations and with practices that minimise environmental impact. The company emphasises how to operate sustainably and contribute effectively where the Group has or should have an impact. This involves the Board of Directors, the Senior Management and the organisation, the main stakeholder groups, and the selection of main sustainability matters with respective goals, efforts, policies and activities.

Magnora Data Center has the following policy documents that support quality and compliance as well as reduce risk:

  • Code of Conduct
  • Corporate Governance statement
  • Anti-Corruption Policy
  • Equality & Diversity policy
  • HSSE Policy
  • Human Rights Policy
  • Guidelines for remuneration of executive personnel
  • Compliance with the Transparency Act
  • Modern Slavery StatementGuidelines for the Nomination Committee

The documents are found in the Corporate Governance section of this website.

Key sustainability matters
  • Climate change is both a driver and a responsibility for Magnora Data Center — the energy transition fuels demand for low-carbon data center capacity, while the carbon intensity of compute is a topic our customers, investors and regulators increasingly focus on 
  • Energy consumption is the single most material environmental topic for the company. Site selection prioritises markets with clean and reliable power, and project design focuses on PUE optimisation, waste heat recovery and efficient cooling 
  • Business ethics and conduct receive high attention across the jurisdictions and partnerships Magnora Data Center operates in, including grid applications, municipal dialogues and partner relationships 
  • Affected communities are central to data center development — securing local support, managing land use, and delivering benefits such as district heating integration where feasible 
  • Own workforce is a strategic priority for a growing organisation where talent and technical expertise drive competitive advantage; HSSE standards are upheld across all sites 
  • Water use is monitored where relevant, particularly for cooling solutions; the company prioritises locations and designs that minimise freshwater consumption