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Offers wireless and wireline communications products and services. Retail brands include Sprint, Boost Mobile, Virgin Mobile USA and Assurance Mobile. Bought 33% of the Tidal brand in January 2017. Merged with T-Mobile in 2020.
| T-Mobile US Inc
owns 100% of Sprint Corporation
| Deutsche Telekom AG
owns 43% of T-Mobile US Inc
| SoftBank Group Corporation
owns 24% of T-Mobile US Inc
In 2015 Sprint agreed to a $131 million settlement of a class-action lawsuit accusing the company of defrauding investors about problems dating back to its $36 billion merger with Nextel Communications Inc in 2005.
Source: news article (2015)
This company received a score of 50.7/100 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)
|T-Mobile US Inc|
In 2021, 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 (2021)
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 (2021)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 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 184th of 954 companies, and 3rd of 10 Telecommunications companies.
Source: JUST Capital (2022)
America's Most Responsible Companies 2022 by Newsweek and Statista recognises the Top 500 most responsible companies in the United States. Companies were evaluated in three areas: environmental (waste, energy use, etc.), social (leadership diversity, employees and philanthropy) and governance (transparency and economic performance). This company received a total score of 72/100, ranking 20th in the Software & Telecommunications sector, and 270th overall.
Source: Newsweek (2021)
This company received an S&P Global ESG Score of 10/100 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)
In 2019 the median pay for a worker at this company was US$62,195. The CEO was paid 446 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)
As You Sow's 2022 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, G. Michael Sievert came in at number 4 on the list, having been paid US$54,914,015 in 2021. 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."
In 2014 this company agreed to fully refund its customers for unwanted third-party charges it placed on their phone bills, a practice known as mobile cramming, paying at least $90m to settle a US Federal Trade Commission lawsuit. In addition to the full refunds, it will pay $18m in fines and penalties to all attorney generals of all 50 states and the District of Columbia and $45m to the Federal Communications Commission.
Source: US Federal Trade Commission (2014)
This company is listed on the EPA Green Power Partnership website (USA), as using renewable energy for 34% of its electricity use for its USA operations.
Source: EPA (2020)
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; commit to 100% renewable power.
Source: We Mean Business (2021)
This company has sustainability claims on its website, mainly in the area of reducing their environmental impact.
Source: company website (2020)
|Revenue||24.8 billion USD (2016)|