Invested through |
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Asset Classes | Listed equity |
Impact strategy | Impact Equities and Bonds |
ISIN code | US00971T1016 |
Industry group | Software & services |
Aligned with SDGs |
Founded in 1998, Akamai Technologies provides services for delivering and optimising content and business applications over the internet (Delivery), enterprise security solutions (Security), and cloud computing solutions (Compute), in the United States and internationally. It sells its solutions through direct sales and service organizations, as well as through various channel partners.
Investment rationale
Global internet traffic volumes have been growing strongly since its inception, which puts a high burden on the internet performance, reliability and security. Since Akamai was founded in 1998, the company's goal has remained the same: to make the internet fast, reliable and secure. Akamai has the world's largest edge platform, a decentralised network that provides better performance, higher reliability, greater scale, lower cost, and stronger security compared to a centralized approach. Aside from issues with performance, the high growth of global internet traffic also poses environmental issues. The internet is responsible for approximately 2% of global energy usage. However, Akamai aims to mitigate these adverse impacts. Compared to poorly managed on-premise servers, Akamai's edge platform is more energy efficient.
Alignment with Triodos Transitions:
45% of the revenues of the company is aligned with the Wellbeing Transition. The contribution to the Wellbeing Transition comes from 45% of revenues related to the impact objective Safety & Security.