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Crown Castle Releases 2023 ESG Report

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Crown Castle has released its 2023 Environmental, Social and Governance (ESG) Report, highlighting significant progress in sustainability initiatives. The company's business model focuses on providing shared assets for multiple users to bring communications connectivity across the U.S. Key highlights include:

1. A Total Recordable Incident Rate (TRIR) 8 times lower than the US average in 2023.
2. Nearly 76,000 site inspections conducted in 2023 and 92,000 structural engineering assessments over three years.
3. Progress towards carbon neutrality in Scope 1 and 2 emissions by 2025, with 92% of annual electricity consumption sourced from renewable energy contracts.
4. Increased diverse supplier spend to 12.6% in 2023, up from 10.1% in 2022.

CEO Steven Moskowitz emphasized the company's commitment to responsible business practices that support community interests and drive long-term value creation for stakeholders.

Crown Castle ha pubblicato il suo Rapporto Ambientale, Sociale e di Governance (ESG) 2023, evidenziando i progressi significativi nelle iniziative di sostenibilità. Il modello di business dell'azienda si concentra sulla fornitura di beni condivisi per più utenti, al fine di garantire connettività nelle comunicazioni negli Stati Uniti. I punti salienti includono:

1. Un Tasso Totale di Incidenti Registrabili (TRIR) 8 volte inferiore alla media statunitense nel 2023.
2. Quasi 76.000 ispezioni dei siti condotte nel 2023 e 92.000 valutazioni ingegneristiche strutturali effettuate in tre anni.
3. Progressi verso la neutralità carbonica nelle emissioni di Scope 1 e 2 entro il 2025, con il 92% del consumo annuale di elettricità proveniente da contratti di energia rinnovabile.
4. Aumento della spesa per fornitori diversificati al 12,6% nel 2023, rispetto al 10,1% nel 2022.

Il CEO Steven Moskowitz ha sottolineato l'impegno dell'azienda verso pratiche aziendali responsabili che supportano gli interessi della comunità e promuovono la creazione di valore a lungo termine per gli stakeholder.

Crown Castle ha publicado su Informe Ambiental, Social y de Gobernanza (ESG) 2023, destacando los avances significativos en las iniciativas de sostenibilidad. El modelo de negocio de la empresa se centra en proporcionar activos compartidos para múltiples usuarios, facilitando la conectividad de comunicaciones en los EE. UU. Los aspectos más destacados incluyen:

1. Una Tasa Total de Incidentes Registrables (TRIR) 8 veces menor que el promedio de EE. UU. en 2023.
2. Casi 76,000 inspecciones en el sitio realizadas en 2023 y 92,000 evaluaciones de ingeniería estructural durante tres años.
3. Avances hacia la neutralidad de carbono en las emisiones de Alcance 1 y 2 para 2025, con el 92% del consumo anual de electricidad proveniente de contratos de energía renovable.
4. Aumento del gasto en proveedores diversos al 12.6% en 2023, frente al 10.1% en 2022.

El CEO Steven Moskowitz enfatizó el compromiso de la empresa con prácticas de negocio responsables que apoyen los intereses de la comunidad y fomenten la creación de valor a largo plazo para las partes interesadas.

Crown Castle는 2023 환경, 사회 및 거버넌스(ESG) 보고서를 발표하며 지속 가능성 이니셔티브에서의 중요한 진전을 강조했습니다. 회사의 비즈니스 모델은 미국 전역에서 통신 연결성을 확보하기 위해 여러 사용자에게 공용 자산을 제공하는 데 중점을 두고 있습니다. 주요 하이라이트는 다음과 같습니다:

1. 2023년 미국 평균보다 8배 낮은 총 기록 가능한 사고율(TRIR)
2. 2023년에 실시된 거의 76,000회의 현장 점검과 3년 동안의 92,000회의 구조 공학 평가.
3. 2025년까지 범위 1 및 2 배출에 대한 탄소 중립성을 향한 진전, 연간 전력 소비의 92%가 재생 가능 에너지 계약을 통해 조달됨.
4. 2022년 10.1%에서 증가하여 2023년에는 다양성 공급업체 지출이 12.6%로 증가함.

CEO 스티븐 모스코위츠(Steven Moskowitz)는 지역 사회의 이익을 지원하고 이해관계자에게 장기적인 가치를 창출하는 책임 있는 비즈니스 관행에 대한 회사의 약속을 강조했습니다.

Crown Castle a publié son Rapport Environnemental, Social et de Gouvernance (ESG) 2023, mettant en lumière des progrès significatifs dans ses initiatives de durabilité. Le modèle commercial de l'entreprise se concentre sur la fourniture d'actifs partagés pour de multiples utilisateurs afin de garantir la connectivité des communications aux États-Unis. Les points forts incluent :

1. Un Taux Total d'Incidents Enregistrables (TRIR) 8 fois inférieur à la moyenne américaine en 2023.
2. Près de 76 000 inspections de sites effectuées en 2023 et 92 000 évaluations d'ingénierie structurelle au cours de trois ans.
3. Progrès vers la neutralité carbone pour les émissions de portée 1 et 2 d'ici 2025, avec 92 % de la consommation annuelle d'électricité provenant de contrats d'énergie renouvelable.
4. Augmentation des dépenses chez des fournisseurs diversifiés à 12,6 % en 2023, contre 10,1 % en 2022.

Le PDG Steven Moskowitz a souligné l'engagement de l'entreprise envers des pratiques commerciales responsables qui soutiennent les intérêts de la communauté et encouragent la création de valeur à long terme pour les parties prenantes.

Crown Castle hat seinen Umwelt-, Sozial- und Governance-Bericht (ESG) 2023 veröffentlicht, in dem erhebliche Fortschritte bei den Nachhaltigkeitsinitiativen hervorgehoben werden. Das Geschäftsmodell des Unternehmens konzentriert sich darauf, gemeinsame Ressourcen für mehrere Benutzer bereitzustellen, um die Kommunikationsverbindungen in den USA zu fördern. Zu den wichtigsten Punkten gehören:

1. Eine Gesamte Vorfallrate (TRIR), die 2023 achtmal niedriger ist als der US-Durchschnitt.
2. Fast 76.000 Standortinspektionen, die 2023 durchgeführt wurden, und 92.000 strukturelle Ingenieurevaluationen über drei Jahre.
3. Fortschritte in Richtung Kohlenstoffneutralität bei den Emissionen der Scopes 1 und 2 bis 2025, wobei 92 % des Jahresstromverbrauchs aus erneuerbaren Energieverträgen stammen.
4. Steigerung der Ausgaben für diverse Lieferanten auf 12,6 % im Jahr 2023, gegenüber 10,1 % im Jahr 2022.

CEO Steven Moskowitz betonte das Engagement des Unternehmens für verantwortungsvolle Geschäftspraktiken, die die Interessen der Gemeinschaft unterstützen und die langfristige Wertschöpfung für die Stakeholder vorantreiben.

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HOUSTON, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company") announced today the release of its 2023 Environmental, Social and Governance ("ESG") Report and updates to its ESG website, which can be found at www.crowncastle.com/esg.

"Crown Castle’s business model is providing shared assets for multiple users to bring communications connectivity to the many people, communities and businesses across the U.S. Our tower sites and fiber-fed locations deliver both sound economics and a sustainable means of meeting the growing demand for digital technology and broadband data usage,” stated Steven Moskowitz, Crown Castle's Chief Executive Officer. "We have made terrific progress in advancing our environmental, sustainability and governance initiatives, reinforcing our commitment to responsible business practices that we believe support the best interests of communities we serve and drive long-term value creation for our stakeholders.”

Crown Castle ESG highlights:

  • Crown Castle's commitment to fostering a safe working environment has resulted in a 2023 Total Recordable Incident Rate ("TRIR") that is 8 times lower than the US average, continuing its long-term trend of a TRIR well below both US and industry averages.
  • In 2023, Crown Castle conducted nearly 76,000 site inspections and, over the three-year period ended December 31, 2023, performed nearly 92,000 structural engineering assessments on over 80% of its more than 40,000 towers, contributing to the resiliency of its portfolio.
  • Crown Castle is nearly three-quarters of the way to achieving its goal of becoming carbon neutral in Scope 1 and 2 emissions by 2025. By the end of 2023, Crown Castle had sourced 92% of its annual electricity consumption under multi-year renewable energy contracts and converted lighting systems on approximately 61% of its lit towers to energy-efficient LED lighting.
  • Crown Castle increased its diverse supplier spend to 12.6% in 2023, up from 10.1% in 2022. 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.

ABOUT CROWN CASTLE
Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 90,000 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 and initiatives, progress made with respect thereto and plans and efforts related thereto, (2) value-creation drivers, and (3) the resiliency of its portfolio of assets. 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


FAQ

What are the key highlights of Crown Castle's (CCI) 2023 ESG Report?

Crown Castle's 2023 ESG Report highlights include a TRIR 8 times lower than the US average, nearly 76,000 site inspections, progress towards carbon neutrality with 92% renewable energy sourcing, and increased diverse supplier spend to 12.6%.

How is Crown Castle (CCI) progressing towards its carbon neutrality goal?

Crown Castle is nearly three-quarters of the way to achieving carbon neutrality in Scope 1 and 2 emissions by 2025. By the end of 2023, they sourced 92% of annual electricity from renewable energy contracts and converted 61% of lit towers to LED lighting.

What safety improvements has Crown Castle (CCI) reported in 2023?

Crown Castle reported a Total Recordable Incident Rate (TRIR) in 2023 that is 8 times lower than the US average, continuing its long-term trend of maintaining a TRIR well below both US and industry averages.

How has Crown Castle (CCI) improved its diverse supplier spending in 2023?

Crown Castle increased its diverse supplier spend to 12.6% in 2023, up from 10.1% in 2022. The company is proactively increasing business with existing diverse suppliers and identifying new ones to enhance diversity in its supply chain.

Crown Castle Inc.

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