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AT&T 2009 Citizenship and Sustainability Report Highlights Contribution of 8.5 Million Volunteer Hours, Initiatives to Cut Energy Intensity by Nearly 24% and Investment of More Than $66 Million to Address High School Drop-Out Crisis
AT&T 2009 Citizenship and Sustainability Report Highlights Contribution of 8.5 Million Volunteer Hours, Initiatives to Cut Energy Intensity by Nearly 24% and Investment of More Than $66 Million to Address High School Drop-Out Crisis
Published 06-22-10
Submitted by AT&T Inc.
/PRNewswire-FirstCall/ - AT&T* today announced the release of its 2009 Citizenship and Sustainability Report highlighting the company's progress toward up to $865 million in multi-year commitments for important education, environmental and volunteerism programs that help strengthen communities, stimulate economic growth and ensure America's global competitiveness. The report also showcases the company's relentless passion for innovation - a promise to use the power of its networks to drive human progress.
"At AT&T, we constantly challenge ourselves to find better, smarter ways to run our business - and that extends to being an innovative and responsible corporate citizen," said Randall Stephenson, AT&T chairman and CEO. "Our new Citizenship and Sustainability Report shares our progress and underlines our commitment to drive these initiatives with the same leadership and passion we bring to every part of our business."
The report highlights a variety of initiatives that help make AT&T's business stronger, as well as strengthen communities across the country:
"The United States has one of the lowest graduation rates of any industrialized nation in the world, and when thousands of students leave school each day that loss is felt beyond the classroom to impact whole communities," said Marguerite Kondracke, president and CEO, America's Promise Alliance. "AT&T understands this, and their Aspire program is helping us not only bring communities together to address the dropout crisis, but engage young people themselves in the development of solutions for it."
"We've always understood that our company is inextricably linked to the world around us," said Charlene Lake, senior vice president of public affairs and chief sustainability officer. "We are committed to continue challenging the status quo so we can address the long-term needs of both our business and the communities where we live and work. We realize there's more work ahead of us that needs to be done, but we're proud of the progress we made in 2009."
Lake said AT&T will strive to further embed sustainability principles into the company's business strategy, improve reporting and further engage employees in these efforts.
For more information about AT&T's sustainability efforts, please visit www.att.com/csr.
The complete 2009 Citizenship and Sustainability Report, Connecting for a Sustainable Future, can be downloaded online at www.att.com/csr. An executive summary is also available online.
This report is aligned with the Global Reporting Initiative's (GRI) G3 Guidelines and AT&T self-declared the report to application level C. The GRI Sustainability Reporting Guidelines provide a framework for organizations to report on their social, environmental and economic performance and was used to develop AT&T's report. AT&T also details in the report a set of goals to help guide and measure its progress. A complete list of AT&T's citizenship and sustainability goals is available at www.att.com/csr.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
About AT&T
AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest 3G network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse(SM) and AT&T |DIRECTV(SM) brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
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i. The financial equivalent is determined by using $20.85/per volunteer hour, which is based on the 2009 industry standard from Independent Sector, a leading nonprofit organization that determines the financial equivalent for a variety of volunteer initiatives. http://independentsector.org/volunteer_time