Rackspace Receives SBTi Approval for Net-Zero Targets, Reinforcing Commitment to Sustainable Operations and Innovation

SAN ANTONIO, July 31, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology^® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, announced today that the Science Based Targets Initiative (SBTi) has approved its near-term, long-term, and net-zero emissions reduction goals. Rackspace’s targets align with the SBTi’s objective of limiting global warming to 1.5°C, include a commitment to cut emissions by 50% by 2032 and 90% by 2045 to meet net-zero carbon emissions goals. These ambitious targets, benchmarked to 2023, position Rackspace ahead of many peers in the cloud services space, offering customers a rigorous framework which is independently validated and supported by clear, measurable metrics, that align with their sustainability objectives.

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