Dynatrace, the unified observability and security company, has announced a collaboration with Lloyds Banking Group, one of the UK's foremost financial services providers. Together, the companies will measure and optimise the environmental carbon impact of Lloyds' IT ecosystem, thus contributing towards the bank's sustainability objectives.
As part of the initiative, Dynatrace will employ insights garnered from Lloyds Banking Group to further hone the development of Dynatrace Carbon Impact, an innovative app designed to translate various utilisation metrics into their equivalent CO2 emissions (CO2e). Metrics covered include central processing unit (CPU) usage, memory, disk, and network input/output (I/O). The app additionally details energy and CO2e consumption from different sources, offering filters designed to focus attention on high-impact areas. For example, it can highlight underutilised instances in a specific data center, and the top CO2e emitters within a distinct host group.
Dynatrace Carbon Impact leverages the Dynatrace platform and its Smartscape topology and dependency mapping, which provide precise optimisation insights and automatic application and process context to underpin green coding initiatives. This allows industry professionals to identify more meaningful opportunities for optimising digital infrastructure.
Klaus Enzenhofer, Product Lead at Dynatrace, said, "Dynatrace successfully rolled out the Carbon Impact app last year, and we've been working with Lloyds Banking Group to develop it further to support our customers' hybrid and multicloud environments. This has allowed us to accelerate and focus on our product development while helping our customers meet their sustainability goals."
Kevin Bird, Operational Performance and Analytics Lead at Lloyds Banking Group offered his perspective on the joint venture, stating, "Working with Dynatrace has helped us assess the visibility and impact of our IT carbon emissions. Our sustainability efforts require deep granularity, and the collaboration has allowed us to see where our efforts are most impactful in the context of our broader IT architecture."
Bird also detailed the future implications of this venture, stating, "This helps us identify more meaningful opportunities to optimise our digital infrastructure and will be a critical step forward as we work to reduce our operational sector's direct carbon emissions by at least 75%."
The ambitious project underlines the increased interest and dedication from major brands, particularly within the financial sector, towards sustainability initiatives. With companies like Dynatrace providing innovative technical solutions to achieve carbon emission reduction targets, this collaborative project could set a new standard for ecological responsibility within the industry.