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Time Warner Releases Corporate Social Responsibility Report

Time Warner Releases Corporate Social Responsibility Report

Published 05-22-06

Submitted by Time Warner Inc

NEW YORK--(BUSINESS WIRE)--May 22, 2006--Time Warner Inc. (NYSE:
TWX) today released its first-ever Corporate Social Responsibility (CSR) report. The 48-page report debuted on May 19 at Time Warner's annual meeting of stockholders in Atlanta.

Dick Parsons, chairman and CEO of Time Warner, said: "We're proud to be an industry leader by publishing this comprehensive CSR report, which outlines the many ways our company is addressing critical business, environmental and social issues. The report reflects our commitment to being a world-class corporate citizen, which means that in addition to working hard to deliver attractive returns and exceptional value to our shareholders, we also strive to do our part to make the world a better place."

Mindy S. Lubber, president of Ceres, a national network of investment funds, environmental organizations and other public interest groups working to advance environmental stewardship on the part of businesses, said: "Time Warner's release of its first Corporate Social Responsibility report and its work with Ceres in engaging the company's many stakeholders are important milestones. It's an indication of the company's commitment to integrate social and environmental issues deep within its businesses and to demonstrate leadership in the media and entertainment sector."

Time Warner's CSR report addresses a wide range of topics, including diversity (workforce, supplier and content), journalistic integrity, child protection online, content accessibility, consumer privacy, ethics and governance, employee growth and development, public policy, the environment, supply chain management, and philanthropy.

Copies of Time Warner's CSR report are available at www.timewarner.com/citizenship.

About Time Warner Inc.

Time Warner is a leading media and entertainment company, whose businesses include interactive services, cable systems, filmed entertainment, television networks and publishing.


Copyright Business Wire 2006

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Time Warner Inc

Time Warner Inc

Time Warner is a leading media and entertainment company, whose businesses include interactive services, cable systems, filmed entertainment, television networks and publishing.

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