American Tower Corporation Releases 2024 Sustainability Executive Report
'Our sustainability strategy is rooted in driving business value while addressing the evolving needs of our customers and communities,' said Steve Vondran, American Tower's President and Chief Executive Officer. 'Through initiatives like our energy program, digital access efforts and operational efficiency improvements, we're delivering measurable results that strengthen our business and create shared value for all stakeholders.'
Key highlights from the 2024 report include:
Energy Innovation: Enhanced energy storage capacity to one gigawatt hour across 24,500 sites, improving reliability and efficiency.
Digital Communities Program: Achieved the halfway mark of the Company's corporate social responsibility goal to positively impact the lives of two million people by 2030 through digital literacy, financial literacy and career skilling, and healthcare services.
Circular Economy Commitment: Recycled or reused 98% of tower steel waste, totaling 9,700 tons, as part of resource optimization efforts.
Employee Development Focus: Delivered over 181,000 hours of internal training in 2024, averaging 38 hours per employee, as part of ongoing efforts to support career growth and strengthen the Company's talent pipeline.
This year, American Tower also launched redesigned and enhanced sustainability webpages, providing stakeholders with a more dynamic and interactive platform to explore the Company's sustainability initiatives and progress.
For more information on American Tower's sustainability program and to view the Company's 2024 Sustainability Executive Report and accompanying indices and supplements, please visit the 'Sustainability' portion of the Company's website at www.americantower.com/sustainability.
About American Tower
American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 149,000 communications sites and a highly interconnected footprint of U.S. data center facilities. For more information about American Tower, please visit www.americantower.com.
Cautionary Language Regarding Forward-Looking Statements
This press release contains 'forward-looking statements' concerning the Company's goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical facts. Actual results may differ materially from those indicated in the Company's forward-looking statements as a result of various factors, including those factors set forth under the caption 'Risk Factors' in Item 1A of its most recent annual report on Form 10-K, and other risks described in documents the Company subsequently files from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances.
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