IN Tune: The AI + Data Center Build Out: Sustainability Impacts, Second Order Beneficiaries
IN Tune: The AI + Data Center Build Out: Sustainability Impacts, Second Order Beneficiaries
ESG Strategist
Doug joined BMO Capital Markets Equity Research in September 2020 as Director, ESG Strategy. Doug is a seasoned ESG specialist with over 15 years of indus…
Doug joined BMO Capital Markets Equity Research in September 2020 as Director, ESG Strategy. Doug is a seasoned ESG specialist with over 15 years of indus…
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During this podcast Doug Morrow, ESG Analyst, takes the listening through how the AI/data center build out is contributing to a new era of electricity demand, on the back of which firms like Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META) and Microsoft (MSFT) are highly focused on responsible data center construction and operation. However he sees an emerging short-term trade-off between growing their AI business and hitting sustainability targets, particularly around Scope 3 emissions and water consumption. In addition, Doug discusses where he sees the second derivative opportunities from the AI/data center build out in clean power generation, grid stabilization, alternative cooling technologies, low-carbon building materials + IT equipment and data center engineering. Essentially he believes that companies that provide these products and services are positioned to benefit as the economy looks to meet the large power/water requirements of AI while also solving for lower emissions, water security and grid stability.
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