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COMPANIES OF PURPOSE
Iron Mountain is a storage and information management company with about 24,000 employees worldwide. Founded in 1951 and headquartered in Boston, Massachusetts, Iron Mountain is trusted by over 225,000 organizations worldwide, including 95% of Fortune 1000 companies.
Iron Mountain’s mission is to protect and elevate the power of their customers’ work. The company manages the full lifecycle of their customers’ assets, invests in workflow automation and information governance to improve productivity and efficiency and lowers risk exposure across IT assets, personal devices and other electronic products. Their values include acting with integrity, owning safety and security, building customer value, taking ownership and promoting inclusion and teamwork.
As of 2022, women represent 39.3% of Iron Mountain’s global workforce, up from 38.6% in 2021. Further, women represent 36% of Iron Mountain’s director and executive roles. Namely, Mithu Bhargava serves as Executive Vice President and General Manager, Digital Solutions and Deborah Marson serves as Executive Vice President, General Counsel and Secretary. Women make up 36% of professional and middle management roles and 28% of frontline roles.
Volunteer-based employee resource groups provide Iron Mountain employees with a safe, inclusive environment for members and their allies. The employee resource groups include Women @ IM, Hola @ IM, NA Asians @ IM, LGBTA @ IM, Black Colleagues @ IM and others. These groups offer educational content and other programming for all employees.
Iron Mountain maintains a Supplier Diversity Program to promote diverse suppliers’ growth by providing qualified firms with equitable opportunities to compete for business with the company. To qualify as a diverse supplier, the business must be at least 51% owned and controlled by individuals belonging to underrepresented groups, such as women, minorities, members of the LGBT+ community, veterans and other groups. From 2021 to 2022, Iron Mountain reported a 36% increase in diverse supplier spending.
In addition, Iron Mountain contributes to JP Morgan Chase’s Diverse Supplier Grant Initiative, which advances racial equity by helping Black-, Hispanic-, and Latino-owned businesses access capital to secure corporate contracts. Iron Mountain was recently named as one of JP Morgan Chase’s Strategic Gold Suppliers as a part of the initiative.
Iron Mountain has increased coverage for their gender pay parity reporting to cover all global operations. The reporting ranges from individual contributor (support) management level to senior vice president management levels. In 2025, the company plans to tighten the threshold for gender pay parity from a margin of error of 10% to 5% across all organizational levels in the U.S., Canada and the U.K.
Iron Mountain has created a Global DEI Council to support DEI strategy and initiatives, monitor the progress of DEI initiatives and goals, ensure accountability from the corporate level and communicate DEI progress to stakeholders. The Global DEI Council provides resources to both attract and retain high-performing, diverse talent. By 2025, Iron Mountain intends to have women represented in 40% of global leadership and underrepresented groups represent 30% of U.S. leadership.
In 2022, Iron Mountain was honored as a Top Pioneer in Diversity and Inclusion by Mogul, a human resources technology and executive recruiting firm.
