TDS publishes 2021 environmental, social, governance report
Telephone and Data Systems (TDS) has released its 2021 Environmental, Social, Governance (ESG) Report, emphasizing its commitment to corporate responsibility. The report outlines key priorities including Access and Affordability, Data Security, Diversity, Equity & Inclusion, and Community Relations. TDS engaged a third party for stakeholder assessment to shape its ESG strategy. Additionally, a designated Steering Committee will oversee ESG initiatives. The report incorporates the Sustainability Accounting Standards Board framework and aligns with Global Reporting Initiative standards.
- Release of the 2021 ESG Report highlights TDS's commitment to corporate responsibility.
- Key priorities identified through stakeholder assessment align with current market demands.
- Establishment of an ESG Steering Committee to oversee sustainability initiatives.
- None.
CHICAGO, Sept. 14, 2022 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) announced the publication of its 2021 Environmental, Social, Governance (ESG) Report.
"TDS has held good corporate responsibility at the forefront of our values for over 50 years," said LeRoy T. Carlson, Jr., TDS President and CEO. "This report will highlight many of our efforts."
In order to advance its ESG strategy, TDS conducted a stakeholder assessment to identify challenges and opportunities that are most important to stakeholders. TDS partnered with an independent third party to guide the organization in the process of researching, testing, and analyzing its significant ESG issues. The topics identified in the stakeholder assessment remain key priorities for the TDS ESG Program. These include: Access and Affordability; Data Security; Business Continuity; Diversity, Equity & Inclusion; and Community Relations and Engagement.
"Our socially responsible practices, which make up the "S" in ESG, are what comprise our 3Cs – Customers, Culture, and Community," said Carlson.
TDS has also designated an Environmental, Social and Governance Steering Committee to oversee all initiatives and disclosures related to ESG.
The Sustainability Accounting Standards Board (SASB) framework is featured in the appendix of the TDS 2021 ESG report and provides a collection of industry-specific standards to help measure and communicate performance on sustainability topics.
TDS also prepared an index in reference to the Global Reporting Initiative's (GRI) Standards in order to report significant economic, environmental, and social topics within the business.
About TDS
Telephone and Data Systems, Inc. (TDS), a Fortune 1000® company, provides: wireless; broadband, video and voice; and hosted and managed services to approximately 6 million customer connections nationwide through its businesses, UScellular, TDS Telecom, and OneNeck IT Solutions. Founded in 1969 and headquartered in Chicago, TDS employed approximately 8,900 associates as of June 30, 2022.
For more information about TDS and its subsidiaries, visit:
TDS: www.tdsinc.com
UScellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com
OneNeck IT Solutions: www.oneneck.com
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SOURCE Telephone and Data Systems
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