ADT Publishes 2021 Environment, Social and Governance (ESG) Report
May 03 2022 - 1:00PM
ADT Inc. (NYSE: ADT), the most trusted brand in smart home and
small business security, today published its 2021 environmental,
social and governance (ESG) report detailing the steps the company
has taken to advance its ESG program.
“Respecting the environment, promoting social responsibility and
leading with responsible governance are fundamental to who ADT is
and guide our safe, smart and sustainable business practices,” said
ADT President and CEO Jim DeVries. “Most importantly, we believe
that embedding ESG into our business priorities will better enable
us to deliver on our core mission – empowering people to protect
and connect to what matters most.”
The report contains several key highlights of ADT’s ESG
progress, including:
- Creation and definition of eight key ESG pillars;
- Steps taken to foster inclusivity, diversity and belonging, as
well as overall employee well-being;
- Actions to reduce waste and emissions while promoting more
effective resource utilization;
- Prioritization of customer privacy;
- Product and technology innovations to deliver on the core
mission;
- And the impact of ADT’s philanthropy and employee volunteerism
in communities across the country.
In addition, the report discusses the steps ADT took to move its
ESG initiative forward, including:
- Embedded oversight responsibility for ESG issues into the
mandate and charter of the audit committee of the ADT Board of
Directors;
- Produced ADT’s second Sustainable Accounting Standards Board
(“SASB”)-aligned disclosure report;
- Established a cross-functional, management- and executive-level
ESG working group to lead ESG efforts across the company;
- Assessing and integrating ESG-specific risks and opportunities
into the company’s risk management practices;
- Completed a materiality assessment to identify, define and
prioritize the ESG issues of greatest potential impact to ADT’s
stakeholders and business performance.
The ADT 2021 ESG Report is available on ADT’s investor relations
website.
About ADTADT provides safe, smart and
sustainable solutions for people, homes and businesses. Through
innovative offerings, unrivaled safety, and a premium customer
experience, all delivered by the largest network of smart home
security professionals in the United States, we empower people to
protect and connect to what matters most. For more information,
visit www.adt.com.
FORWARD-LOOKING STATEMENTS ADT has made
statements in this press release that are forward-looking and
therefore subject to risks and uncertainties. All statements,
other than statements of historical fact, included in this press
release are, or could be, “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995 and
are made in reliance on the safe harbor protections provided
thereunder. These forward-looking statements relate to the
Company’s ability to successfully grow its ESG program and to embed
its ESG initiatives into its business in a manner that will enable
the Company to achieve its business and financial objectives.
Forward-looking statements are based on management’s current
beliefs and assumptions and on information currently available to
management. ADT cautions that these statements are subject to risks
and uncertainties, many of which are outside of ADT’s control, and
could cause future events or results to be materially different
from those stated or implied in this press release, including,
among others, risks and uncertainties related to the Company’s
ability to establish a successful ESG program and to successfully
embed ESG initiatives into the business, and risk factors that are
described in the Company’s Annual Report on Form 10-K, Quarterly
Reports on Form 10-Q, and other filings with the Securities and
Exchange Commission, including the sections entitled “Risk Factors”
and Management’s Discussion and Analysis of Financial Condition and
Results of Operations” contained therein. Any forward-looking
statement made in this press release speaks only as of the date on
which it is made. ADT undertakes no obligation to publicly update
or revise any forward-looking statement, whether as a result of new
information, future developments or otherwise.
Media and Investor Contacts:Media
Relations:Paul Wisemanpaulwiseman@adt.com561-356-6388
ADT Investor Relations:investorrelations@adt.com Tel:
888-238-8525
ADT (NYSE:ADT)
Historical Stock Chart
From Mar 2024 to Apr 2024
ADT (NYSE:ADT)
Historical Stock Chart
From Apr 2023 to Apr 2024