Crown Castle Releases 2022 ESG Report
19 Julho 2023 - 5:14PM
Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company")
announced today the release of its 2022 Environmental, Social and
Governance ("ESG") Report and updates to its ESG website, which can
be found at www.crowncastle.com/esg.
"As we provide profitable solutions to connect
communities, businesses and people, we are also enabling the data
flow that is helping to tackle global sustainability challenges—and
doing so through our shared infrastructure model, which is
inherently sustainable," stated Jay Brown, Crown Castle's Chief
Executive Officer. "I'm proud of the progress we're making toward
achieving our goal to be carbon neutral in Scope 1 and 2 emissions
by 2025. Through energy reduction initiatives, such as LED tower
lighting upgrades, and renewable energy investments, we're already
more than half of the way to reaching our goal. Our team remains
committed to operating responsibly and ethically as we embrace
opportunities to continue to build an inclusive and diverse
community and make progress toward our previously established ESG
goals."
Crown Castle ESG
highlights:
- At year-end
2022, 68% of Crown Castle's annual electricity consumption was
sourced under multi-year renewable energy contracts. During the
first half of 2023, the Company entered into additional domestic
wind and solar contracts which increased its aggregate renewably
sourced energy to approximately 85% of estimated 2023 annual
electricity consumption.
- As part of
Crown Castle's efforts to reduce energy consumption, the Company
has converted approximately 60% of its lit towers to
energy-efficient LED lighting as of December 31, 2022.
- Crown Castle
spent $160 million with diverse suppliers during 2022, which
represented 10% of the Company's addressable spend. The Company's
efforts to increase spending with diverse suppliers include
proactively increasing business with existing diverse suppliers,
identifying and assisting diverse suppliers with obtaining
certification, and enhancing tools and resources for its
decision-makers.
- Crown Castle
strives to foster a safe working environment, resulting in a Total
Recordable Incident Rate ("TRIR") that is well below both the US
average TRIR and the telecommunications industry average TRIR
consistently for the past five years.
ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than
40,000 cell towers and approximately 85,000 route miles of fiber
supporting small cells and fiber solutions across every major U.S.
market. This nationwide portfolio of communications infrastructure
connects cities and communities to essential data, technology and
wireless service – bringing information, ideas and innovations to
the people and businesses that need them. For more information on
Crown Castle, please visit www.crowncastle.com.
CAUTIONARY LANGUAGE REGARDING
FORWARD-LOOKING STATEMENTS
This news release contains forward-looking
statements that are based on management's current expectations.
Such statements include plans, commitments, projections, estimates
and expectations regarding (1) our ESG goals, progress made with
respect thereto and plans and efforts related thereto, and (2)
electricity consumption and consumption reduction plans and
investments. Such forward-looking statements are subject to certain
risks, uncertainties and assumptions, including prevailing market
conditions. Should one or more of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those expected. More
information about potential risks that could affect Crown Castle
and its results is included in Crown Castle's filings with the
Securities and Exchange Commission. The term "including," and any
variation thereof, means "including, without limitation."
CONTACTS
Dan Schlanger, CFO Kris Hinson, VP Corporate
Finance & Treasurer Crown Castle Inc.713-570-3050
Crown Castle (NYSE:CCI)
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