AT&T was co-founded by telephone inventor Alexander Graham Bell in 1885. Acquired mass media conglomerate WarnerMedia in 2018 for US$85.4 billion, making AT&T the world's largest media and entertainment company, as well as the world's largest telecommunications company.
In 2020, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
Source: CDP (2020)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2021 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 8th of 928 companies, and 1st of 6 Telecommunications companies.
Source: JUST Capital (2020)
This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
Source: Human Rights Campaign (2020)
This company received an S&P Global ESG Score of 75/100 in the Telecommunication Services category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2021)
This company received a score of 35.5/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
In 2017 the California Attorney General and the Alameda County District Attorney announced a US$9.5 million settlement with AT&T subsidiary DirecTV to resolve allegations that its California facilities unlawfully disposed of large volumes of hazardous waste - including hazardous batteries, electronic devices, and aerosols - and committed additional violations stemming from the mismanagement of such items.
Source: State of California Department of Justice (2017)
In 2019 AT&T agreed to pay US$60 million to settle litigation with the Federal Trade Commission over allegations that the wireless provider misled millions of its smartphone customers by charging them for "unlimited" data plans while reducing their data speeds.
Source: USA Federal Trade Commission (2019)
In 2018 the US Federal Communications Commission settled an investigation into AT&T Mobilitys 911 outages of March and May 2017. As a condition of the settlement, the company must pay a $5.25 million fine, implement proactive system changes to reduce the likelihood and impact of future 911 outages, improve processes for notifying 911 call centers of any future outages, ensure reliable 911 call completion, and regularly file compliance reports with the FCC.
Source: USA Federal Communications Commission (2018)
In 2019 the median pay for a worker at this company was US$98,630. The CEO was paid 325 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2020)
This company is on OpenSecrets.org's list of the 100 top donor organisations in US federal-level politics since 1989. Companies on this list lobby and spend big, with large sums sent to candidates, parties and leadership PACs. This company comes in at number 15 on the list, with donations totalling US$75,946,230 between 1989 and 2018.
Source: Open Secrets (2018)
As You Sow's 2021 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Randall Stephenson came in at number 26 on the list, having been paid US$32,032,925 in 2020. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2021)
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target.
Source: We Mean Business (2020)
This company appears on the 2021 Bloomberg Gender-Equality Index, signifying a commitment to supporting gender equality through policy development, representation, and transparency.
Source: Bloomberg (2021)
This company is a member of the Global e-Sustainability Initiative (GeSI), a leading source of impartial information, resources and best practices for achieving integrated social and environmental sustainability through Information and Communication Technology (ICT).
Source: GeSI (2019)
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
Source: RMI (2019)
C+ grade on the 2011 Green Grades Report Card, which examines the paper practices of a dozen Fortune 500 companies
that consume vast amounts of paper, (A best, F worst).
Source: ForestEthics (2011)
|Revenue||US$181 billion in 2019|
|Employees||247,800 in 2019|
|Subsidiaries||Warner Media LLC
- Warner Bros Interactive Entertainment
|Address||Dallas, Texas, USA|
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