AT&T

RATING

SECTOR

Telecommunications

WEBSITE

CONTACT

Whitacre Tower Level 10,
Angel Place 208 S Akard ST,
Dallas TX 75202
USA

STOCK EXCHANGE

LISTING

  • 2020 Hispanic Association on Corporate Responsibility (HACR) Inclusion Index (CII)
  • 2020 Diversity Best Practices Inclusion Index (DBP)
  • Bloomberg Gender Equality Index (2018-2020)
  • Dow Jones Sustainability Index (DJSI) North America (2010-2013, 2017-2019)
  • Calvert U.S. Large Cap Core Responsible Index Fund (2012-2014, 2017-2020)
  • JUST Capital – JUST 100 (2016-2019)
  • NASDAQ CRD Global Sustainability Index (2015-2019)
  • Newsweek Green Rankings (2015-2018)
  • Barron’s 100 Most Sustainable U.S. Companies (2019)
  • Financial Times, Agenda – 10 Most Transparent Companies on ESG (2019)
  • S&P 500 ESG Index

EMPLOYEES

247,800 

CHIEF SUSTAINABILITY OFFICER

Charlene Lake

AWARDS

  • Business Intelligence Group Sustainability Initiative of the Year Award (2017)
  • Business Intelligence Group Green Company of the Year Award (2018)
  • Environmental Media Association (EMA) Awards

CONTENT SOURCE

FURTHER READING

Report created by Sagarika Deshmukh

AT&T

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

Company Activity

AT&T is providing customers around the world with connectivity, technology, entertainment, news, advertising and have expanded into Latin America. The company delivers entertainment experiences through WarnerMedia, which is merged with AT&T in 2018.

AT&T provides 5G networks for consumers and businesses across the USA. They’re also building FirstNet, the nationwide network that enables first responders and public safety officials to stay connected in times of crisis. Their fiber footprint provides gigabit speeds to nearly two million customers. And their heavy investments in broadband and software-based video products give customers more ways to view their favorite content on the screen that’s right for them.

WarnerMedia, AT&T’s premier entertainment company, owns one of the largest TV and film studios in the world along with a deep library of entertainment. This includes HBO Max, which has 10,000 hours of curated, premium content.

AT&T Latin America offers mobile services to people and businesses in Mexico and digital entertainment services in 10 countries throughout South America and the Caribbean.

AT&T states: “Our vast distribution touches millions of subscribers. And the unique customer insights we get from those relationships enable us to utilize our large advertising inventories and new ad tech platform to create unique opportunities to make ads more engaging and relevant to consumers.”

“Bottom line, our customers want high-speed connectivity, software-based entertainment, premium content and advertising that’s tailored to them. That’s what we’re delivering.”

Company Sustainability Activity

AT&T is one of the largest corporate purchasers of renewable energy in the US. Investments are delivering clean energy, helping to create jobs and community benefits, and supporting America’s transition to a low-carbon economy.

They have set a goal to enable 10x carbon savings of operations by 2025. To do this, AT&T is making the network more energy efficient and work with customers to deploy technology that can help reduce GHG emissions, save water, and more.

The project called IoT for Good: IoT delivers near real-time insights and analytics to every aspect of any business. This helps businesses make data-driven decisions that help streamline processes, lower operating costs, and drive value.

AT&T is working to minimize waste within its operations and to help its customers minimize theirs through Eco-Ratings, Trade-in and device recycling programs.

AT&T has set a 10x Carbon Reduction goal to enable carbon savings 10x the footprint of its operations by 2025. To help reach this goal, they are working across the company to make their network, fleet and operations more efficient. They’re also helping their customers leverage technology, such as mobile connectivity and the Internet of Things (IoT), to help reduce their carbon emissions.

AT&T is one of the largest corporate purchasers of renewable energy in the U.S., and their investments are helping to support America’s transition to a low-carbon economy and enable a clean energy future.

Highlights

  • Year-over-year, GHG emissions are down 2.8% from 2018
  • In 2019, AT&T reduced U.S. fleet emissions by 267,379 MT CO2e or 31% from their 2008 baseline
  • 100% of passenger sedans procured for their domestic fleet since 2017 were hybrid vehicles.
  • Reduced energy intensity from 233 MWh/PB (2013 baseline) to 45.5 MWh electricity/petabyte of network traffic (80% reduction)
  • One of the largest corporate purchasers of renewable energy in the U.S. 
  • All their eligible mobile devices are rated in EcoRatingSystem.
  • At the end of 2019, AT&T has refurbished or recycled approximately 204 million devices since 2007
  • Committed more than $550 million to programs that help students as part of the AT&T Aspire program, since 2008
  • Communication on process with UN Global Compact

Targets

Reducing environmental footprint

  • Reduce their Scope 1 emissions by 20% by 2020, using a 2008 Scope 1 baseline of 1,172,476 m tons CO2-e
  • Reduce the electricity consumption of the company relative to data growth on their network by 60% by 2020 (baseline of 2013)
  • Expand their on-site alternative energy capacity to at least 45 MW — more than double its 2014 capacity — by the end of 2017 and intensify their pursuit of off-site renewables with competitive financials.
  • Deploy approximately 15,000 alternative-fuel vehicles (AFVs) over a 10-year period through 2018 
  • By 2025 AT&T will enable carbon savings 10x the footprint of its operations by enhancing the efficiency of its network and delivering sustainable customer solutions.

Progress

Reducing environmental footprint

  • In 2019, AT&T made additional purchases expanding their clean energy portfolio to more than 1.5 gigawatts of capacity, maintaining AT&T’s position as one of the largest corporate purchasers of renewable energy in the U.S.
  • Electricity consumption relative to data traffic has decreased 80% from a 2013 baseline
  • Realized $39.8 million in annualized energy savings from approximately 26,700 energy efficiency projects completed in 2019.

Certificates

UN Sustainable Development Goals

UN SDGs Compliance

SDG 4

  • AT&T turns banners from events like the AT&T Pebble Beach Pro-Am into backpacks filled with school supplies to support local students.
  • AT&T Aspire Accelerator is hosting a $1 Million Skills Building Challenge to locate, support and mentor eight startups working to redefine how students prepare for promising futures.

SDG 5

  • AT&T and their operating companies have supported Girls Who Code since 2012, with financial and in-kind contributions totalling more than $16 million.
  • Accelerator program participants – which are 66% women-led and 49% minority-led – have attracted more than $48 million in outside investment.

SDG 8

  • AT&T innovated IoT’s technology that can help businesses meet their sustainability goals using innovative solutions.

SDG 9

  • AT&T-backed projects create full-time jobs in local communities.

SDG 11

  • IoT – smart cities project with Dallas, smart water project with Lowes, helping communities recover from disasters.

SDG 12

  • 107 million DIRECTV devices, 13.5 million broadband devices, 22.3 million U-verse devices, 61 million mobility devices are recycled under AT&T.

SDG 13

  • AT&T-backed wind farms under development (2018) will help reduce greenhouse gas emissions equivalent to taking more than 530,000 cars off the road a year.
  • Investing in and purchasing renewable energy in 2019. They are one of the largest corporate purchasers of renewable energy in the U.S.

Secondary SDGs: 3, 16, 17

Evaluation

AT&T is one of the leading telecommunications companies as well as home entertainment and ads services company. The company is one of the participants at the UN Global Compact as communication on the progress.

AT&T has a clear sustainability agenda until 2020. Although they also have a 2025 sustainability agenda, it is not elaborated yet. In addition to its UN SDG compliance, AT&T holds numerous awards (Business Intelligence Group, Environmental Media Association).

AT&T is listed in Dow Jones Sustainability Index, NASDAQ CRD Global Sustaiinability Index and many others indices. AT&T has ISO and LEED certificates, and therefore has been rated a B.

Analyst Outlook: Neutral

AT&T clearly reports its KPIs for the UN SDGs and have been in progress in many fields. However, the company does not have a clear agenda for 2025 and not having sufficient info about its subsidiaries and suppliers.

Key Points

  • Warner Media doesn’t take a big place in SDGs also they are part of the AT&T. 
  • A company that participates in AT&T colocation services and solutions does not provide any information about their clean energy. This causes a discrepancy with AT&T supplier code.
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