exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
group. Our Corporate Governance Guidelines provide for the Nominating Committee to consider elements of background that incorporate
diversity, including differences in skills, professional backgrounds and demographics, such as gender, race, ethnicity, national origin, age,
sexual orientation and gender identity. We are committed to Board diversity and are proud of our leadership in this area over the past decade.
Board Diversity Metrics 2023
Total members 12
Independent Directors 92%
Women 42%
Racially and/or ethnically diverse 33%
See our EEO-1 Report for additional information.
GRI 406: Non-discrimination 2016
406-1 Incidents of discrimination and In 2023, there were no substantiated incidents related to discrimination that required the attention of senior management a
Keyword: governance
emphasizes governance and compliance, and the program and related cybersecurity policies are reviewed annually.
Our cybersecurity program is overseen by the independent Audit Committee of our Board. Our Chief Information Security Officer presents a
quarterly report of cybersecurity updates to the Audit Committee. Each quarter, the Board receives a report from the Audit Committee chair on
items covered during that quarter’s meeting. In 2023, the topics included our focus on cybersecurity resilience, our approach to responsible
use of AI and the new cybersecurity disclosure rules. Our Board's and Audit Committee’s inputs are key components in the development of our
long-term cybersecurity strategy, aligning the program’s goals within our risk tolerance.
In additi
Keyword: governance
205-2 Communication and training Our commitment to ethical, high-quality operations is reflected in our governance practices, starting with the actions of our Board and
about anti- corruption policies leadership, cascading through all levels of the organization and permeating across all markets. All employees are introduced to the Code of
and procedures Conduct upon hire and receive specific training on key aspects, such as anti-harassment and anti- discrimination, confidentiality, insider trading
and information security. All employees and Board members must review and certify to understanding and complying with the Code of
Conduct annually. Compliance with the Code of Conduct and related policies is mandatory, and completion of related training is required.
Our global Excellence Through Ethics program further trains our employees in matters related t
Keyword: governance
comply with the tax requirements in every jurisdiction we operate in and ensure oversight and governance of tax matters through rigorous
internal review procedures, including oversight by the Audit Committee.
GRI 201: Economic Performance 2016
201-1 Direct economic value Mobile connectivity serves as a crucial platform for economic development and life-enhancing services, providing billions of people with
generated and distributed access to digital information and transforming industries worldwide. At American Tower, we play a significant role in enabling mobile
connectivity and the positive contribution it makes to local and national economies. We are focused on continuing to enhance our core tower
platform, forming new partnerships, building new ecosystems and defining new products for use as neutral-host digital infrastructure. The
investm
Keyword: governance
3-3 Management of material topics Ethics and integrity guide every aspect of our business. We have a strong governance system in place that shapes our Company’s strategy,
policies and culture. We recognize that strong governance is key to maintaining the trust and support of our stakeholders.
Our culture of ethics and integrity starts at the top with our Board and reaches all levels of the organization. The American Tower Board
maintains active oversight of the Company’s strategy and is composed of independent Directors who have diverse experiences, perspectives
and backgrounds, as well as our President and CEO.
The Board reviews the Company’s most significant risks and ensures management responds appropriately with risk-informed strategic
decisions.
The Board’s role in risk oversight complements our leadership structure, with senior management responsible
Keyword: governance
See the Sustainability Governance section of the American Tower 2023 Sustainability Executive Report and the Corporate Governance section
in the 2024 Proxy Statement for additional detail.
American Tower | 2023 Sustainability ReportStakeholder Engagement
American Tower material topic “Stakeholder Engagement” does not correspond directly to a GRI Standard.
GRI 3: Material Topics 2021
3-3 Management of material topics Employees
Our employees are our greatest asset. We actively engage with and solicit feedback from them through:
• Company-wide surveys
• Employee town halls
• Employee hotlines
• Employee resource groups (e.g., WAATCH)
• Employee intranet
• Sustainability operational committees and other employee-led committees
• Talent management and career development processes
In addition to the methods noted above, each market conducts additional engagement activities
Keyword: bribe
including extortion and bribery.
• Maintain strong stakeholder relationships and engagement programs
Governance Guidelines to
by conducting employee engagement surveys, participating in industry
expand diversity categories
organizations and administering regular formal customer satisfaction surveys, in
• Employees completed more
addition to our frequent informal interactions and ongoing discussions
than 18,000 training classes
• Maintain and continuously enhance safeguards to protect against cybersecurity
related to cybersecurity
threats and attacks through comprehensive policies and programs
AMERICAN TOWER | 2022 SUSTAINABILITY REPORTLETTER FROM OUR SSUUSSTTAAIINNAABBIILLIITTYY AATT PRINCIPLES OF REPORTING
11 ABOUT AMERICAN TOWER PRESIDENT AND CEO AAMMEERRIICCAANN TTOOW
Keyword: bribe
forms, including extortion and bribery.
Demonstrating a Culture of Accountability
We have a zero-tolerance policy for bribery and corruption. Our ability to uphold our
commitment to doing the right thing relies on employees feeling empowered and
comfortable to report potential policy violations. Employees who know of, or suspect, a
violation of the Code of Conduct or applicable laws must report the matter through any
of our multiple channels, which include the Ethics Committee, local human resources and
legal departments, or our third-party administered confidential website or hotlines.
All instances of misconduct are tracked and managed on a case-by-case basis, and
any substantive allegations are reported to the Board through the Audit Committee.
Independent auditors are also
Keyword: bribe
(FCPA) and anti-bribery laws. Ethics- and compliance-related matters are important to American Tower customers, employees, regulators and stockholders.
While FCPA and anti-bribery compliance are the responsibility of all Company employees, and are covered under our Code of Conduct, ultimate responsibility for this topic
resides with the American Tower legal and HR teams, either at the corporate or market level. Reports of potential or perceived noncompliance or misconduct can be made by
reaching out to our Ethics Committee, local HR department, management or local legal department, or by using a third-party-administered confidential website or hotlines.
Bribery and corruption risks are also identified and assessed using our established enterprise risk management
Keyword: corruption
Work against corruption in all its forms, substantive matters are reported to the Board through the Audit Committee
• Amended our Corporate
including extortion and bribery.
• Maintain strong stakeholder relationships and engagement programs
Governance Guidelines to
by conducting employee engagement surveys, participating in industry
expand diversity categories
organizations and administering regular formal customer satisfaction surveys, in
• Employees completed more
addition to our frequent informal interactions and ongoing discussions
than 18,000 training classes
• Maintain and continuously enhance safeguards to protect against cybersecurity
related to cybersecurity
threats and attacks through comprehensive policies and programs
AMERICAN TOWER | 2022 SUSTAINABIL
Keyword: corruption
Businesses should work against corruption in all its
forms, including extortion and bribery.
Demonstrating a Culture of Accountability
We have a zero-tolerance policy for bribery and corruption. Our ability to uphold our
commitment to doing the right thing relies on employees feeling empowered and
comfortable to report potential policy violations. Employees who know of, or suspect, a
violation of the Code of Conduct or applicable laws must report the matter through any
of our multiple channels, which include the Ethics Committee, local human resources and
legal departments, or our third-party administered confidential website or hotlines.
All instances of misconduct are tracked and managed on a case-by-case basis, and
any substantive allegations are reported to the Board through t
Keyword: corruption
The American Tower material topic “Ethics, Regulatory Compliance and Accountability” corresponds to the GRI Standards “205: Anti-corruption” and “206: Anti-competitive Behavior.” For additional detail, see the Governance section.
GRI 3: Material Topics 2021
3-3 Management of material topics It is a foundational value for American Tower to operate in an ethical and legally compliant manner. American Tower follows the provisions of the Foreign Corrupt Practices Act
(FCPA) and anti-bribery laws. Ethics- and compliance-related matters are important to American Tower customers, employees, regulators and stockholders.
While FCPA and anti-bribery compliance are the responsibility of all Company employees, and are covered under our Code of Conduct, ultimate responsibility for this topic
resides with the American Tower legal and HR teams, either at the corporate or market level. Report
Keyword: corruption
Bribery and corruption risks are also identified and assessed using our established enterprise risk management framework. See the Promoting and Maintaining an Ethical
Culture section for additional detail.
GRI 205: Anti-corruption 2016
205-1 Operations assessed for risks related to All markets are assessed for risks related to corruption before entering the market and then on an ongoing basis as part of the Company’s annual fraud risk assessment process. The
corruption results and identified risks are presented to the Audit Committee, along with the planned internal audits that address those risks.
205-2 Communication and training about anti- See the Promoting and Maintaining an Ethical Culture section.
corruption policies and procedures
GRI 205: Anti-competitiv
Keyword: tax
insights supporting topic prioritization for our business objectives. This GSC-led • Tax and economic contribution
engagement included a cross-functional global survey process to gather
input and participation from leadership and operational teams across the
organization, in addition to targeted interviews.
In 2022, we completed a materiality assessment refresh after completing the CoreSite
Realty Corporation acquisition, which closed in December 2021 and expanded our data
centers segment. This resulted in the confirmation of our existing topics and the addition
Finally, of water management as a new material topic under our Environment pillar.
after survey aggregation and analysis, we validated the
Materiality assessments are integral to identifying and prioritizing sustainability topics
results with regional and executive lea
Keyword: tax
It is comprised of leaders from sustainability, tax, information
technology, legal, DEI, public affairs, energy and platform extensions.
Global
The committee’s efforts have resulted in global support for our
Sustainability Global
commitments and endorsements of the UNGC and the UN WEPs. The Committee Sustainability
committee also enhanced global data governance practices related Facilitates cross-market Team
to our material topics, enabling improved progress tracking and knowledge sharing and Supports the CSO on
the development and global sustainability programs
identification of opportunities for further improvement. implementation of the global and reporting
sustainability strategy
As of year-end 2022, every region has implemented a customized
sustainability governance framework. Given th
Keyword: tax
importance of paying our taxes fairly and transparently across
acquisition
the global company. We comply with all tax requirements in the
jurisdictions where we operate, and we maintain rigorous internal review procedures, During 2022, American Tower:
including oversight by the Audit Committee.
Signed two major master lease agreements,
with Verizon in the U.S. and Airtel in Africa, and
We are focused on continuing to enhance our core signed an agreement with a partner in Europe.
tower platform, forming new partnerships, building
new ecosystems and defining new products for use as Expanded partnerships across assets, including a
new investment partnership with Stonepeak for
neutral-host digital infrastructure.The investments we
our U.S. data centers business.
make ensure
Keyword: tax
and tax planning.
Additionally, the service provider understands American Tower’s offered benefits
and can help tie them into participants’ overall financial planning.
Wellness Programs
To encourage healthy lifestyles and improved wellbeing, many of our markets offer In India, employees can participate in ~250
wellness programs that include initiatives to promote strong mental and physical Wellness Wednesday sessions. They are held
health. Examples of these programs include: approximately once a month and encourage employees on average
attended monthly
employees to focus on their entire wellbeing. Nearly 250
programs in 2022
In Mexico, employees can $100,000+
employees on average attended the monthly programs.
receive reimbursement for
personal ex
Keyword: tax
events to carbon taxes.
Number 6,700 13,600 18,425
of Sites
With LIBs in 2020 in 2021 in 2022
Biodiesel
In Kenya, we plan to substitute 30% of our diesel fuel with biodiesel in 2023. In 2022, our energy team completed a In Kenya, we plan
successful proof of concept, which delivered an approximately 16% reduction in GHG emissions when compared to
to substitute 30% of
traditional diesel. Initiatives such as this are vital, as on-site power generation using generators is still necessary at many
of our communications sites to ensure nearly 100% uptime in markets with unreliable electric grid infrastructure. Using biodiesel, our diesel fuel with
instead of traditional diesel fuel, can reduce our GHG emissions in the short term, while we continue to invest in ways to
Keyword: tax
Tax and Economic Contribution
The American Tower material topic “Tax and Economic Contribution” corresponds to the GRI Standard “201: Economic Performance.” For additional detail, see the Contributing Positively to Market Economies section.
GRI 3: Material Topics 2021
3-3 Management of material topics The members of the American Tower senior leadership team, who are overseen by the Board, are the most senior policymakers in the organization, and they set the tone and business
priorities for the Company, including its financial goals and strategies. Additionally, we comply with the tax requirements in every jurisdiction we operate in and ensure oversight and
governance of tax matters through rigorous internal review procedures, including oversi
Keyword: tax
goals. The Board of Directors also regularly reviews our participation in trade associations and other tax-exempt organizations that engage in lobbying to determine whether
our involvement is consistent with the Company’s business objectives.
1. T he American Tower Code of Conduct states that, as a matter of policy, it does not make political contributions in support of any party or candidate in any election. The Code of Conduct prohibits any employee or director of American Tower from directing or requiring any other employee or
director to contribute to any political party, cause, organization or candidate. The Company does not have, nor does it believe it is necessary to establish, a Political Action Committee (PAC), and it does not use corporate funds to support super PACs or other political organizations. AMERICAN TOWER | 2022 SUSTAINABILI
Keyword: tax
assessing and managing climate- strategy, as well as embed sustainability principles across the organization and promote cross-market collaboration. The GSC is comprised of leaders from sustainability, tax, IT, legal, DEI,
related risks and opportunities. public affairs, energy and innovation across our regions and meets bimonthly at a minimum and more often, as necessary.
In addition to the annual enterprise risk assessment described above, our sustainability team completed a TCFD-aligned, Climate-related Risk and Opportunity (CR&O) Assessment
in 2021, along with a scenario analysis in 2022, to better understand the potential impact and mitigation measures of relevant climate-related risks and opportunities. We intend to
complete this CR&O and scenario analysis process every three years.
The CR&O Assessment and scenario analysis included engagement from all regions to ensure a proper understanding of the local risks and relative impacts. Ri
Keyword: governance
2 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Table of Contents
3 About American Tower 52 Environment
53 Climate Change Mitigation
5 Letter From Our President and CEO
67 Land Stewardship
7 Sustainability at American Tower
74 Principles of Reporting and Indices
13 Governance 75 Reporting Guidelines and Content
77 GRI Content Index
14 Board Oversight
88 TCFD Index
17 Promoting and Maintaining an Ethical Culture
93 SASB Index – Real Estate
19 Responsible Sourcing
96 SASB Index – Telecommunication Services
19 Human Rights
98 Energy and GHG Emissions Data
21 Contributing Positively to Market Economies
22 Information Technology and Cybersecurity
24 Social
25 Supporting Our People
33 Promoting DEI
38 Health and Safety Management
42 Connecting With Communities
A
Keyword: governance
3 AABBOOUUTT AAMMEERRIICCAANN TTOOWWEERR PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
About American Tower
Founded in 1995, American Tower is one of the largest, publicly held global real estate investment trusts Our real estate portfolio of nearly
and a leading independent owner, operator and developer of multitenant communications real estate. 225,000 communications sites includes:1
With a presence in 26 countries across six continents, our global digital infrastructure business serves
customers through tower sites and other real estate solutions that support connectivity.1 Our neutral-
United States and Canada Europe
host model is inherently sustainable, as it allows multiple customers to lease space for communications
~43,000 ~31,000
equipment on the same physical asset, allowing them to r
Keyword: governance
4 AABBOOUUTT AAMMEERRIICCAANN TTOOWWEERR PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Our Vision We execute our Stand and Deliver strategy by focusing on five Key Objectives:
Building a More Connected World.
Our more than 6,000 employees are critical to achieving our vision of
Scale the Core
building a more connected world through our Stand and Deliver strategy. This
strategy is focused on five Key Objectives, which include partnering with our
Leverage our platform and invest in portfolio growth to maximize core performance
customers, vendors and local communities to strengthen our global leadership
and shareholder returns
position as an owner, operator and developer of multitenant, neutral-host
digital infrastructure. We create shared value by developing and maintaining
infrastructure that fa
Keyword: governance
5 ABOUT AMERICAN TOWER PPRREESSIIDDEENNTT AANNDD CCEEOO AMERICAN TOWER GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Letter From Our President and CEO
At American Tower, we are focused on providing critical retains and recognizes talent from all backgrounds. This
digital infrastructure across our markets around the world, commitment starts with our Board—which has tied executive
while minimizing our environmental impact and operating compensation directly to developing talent, with a special
sustainably. As we continue to grow our business, creating focus on underrepresented groups—and flows through to
an equitable and inclusive experience for our employees, all levels of the organization. Our mentorship programs and
enhancing the sustainability of our operations, anticipating the employee resource groups support and advanc
Keyword: governance
program pillars of Environment, Social and Governance.
Africa, we have established the Green Sites program, which
will accelerate greenhouse gas emissions reductions on
Our People:
behalf of our customers and ourselves. These sites will pair
Our people are the cornerstone of our success, and we are solar energy with lithium-ion batteries to lower emissions by Thomas A. Bartlett
keen on supporting our employees, both professionally approximately 95% compared to similar diesel-generator- President and Chief Executive Officer
and personally, by offering training and development dependent, off-grid sites.
opportunities at all levels. Through talent, culture and
We have invested in a range of solutions to reduce
wellbeing initiatives, we aim to create a workplace that
greenhouse gas emissions acro
Keyword: governance
6 ABOUT AMERICAN TOWER PPRREESSIIDDEENNTT AANNDD CCEEOO AMERICAN TOWER GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
As a result of our efforts, we refugees to secure transportation, housing, food and other
essential services in a time of crisis. We are focused on
reduced our operational greenhouse
continuing to engage global partners to help us scale and
gas emissions by 9.5% in 2022 sustain the Digital Communities program, as our success will
depend on strategic collaboration to provide social-impact
compared to our 2019 baseline.
programming that accelerates digital equity and impacts
lives for the better.
Deploying innovations in areas like energy efficiency and
renewable energy allows us to enhance the long-term
In the pages that follow, you will find more detailed
resiliency of our sites, while contributing to the dec
Keyword: governance
7 ABOUT AMERICAN TOWER PRESIDENT AND CEO AAMMEERRIICCAANN TTOOWWEERR GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Sustainability at American Tower
American Tower’s commitment to ethical and sustainable operations is integral to our business
and culture. Our obligations to employees, customers, vendors, shareholders and the communities
where we operate extend beyond providing neutral-host infrastructure; we have the opportunity to
address pressing global environmental challenges and improve lives by building a more connected
world. Built on three pillars, Environment, Social and Governance (ESG), our sustainability program is
a vital component to achieving our Stand and Deliver strategy and Key Objectives.
With support and oversight from the Board of Directors (Board) and Company leadership, the
sustainability imperative
Keyword: governance
8 ABOUT AMERICAN TOWER PRESIDENT AND CEO AAMMEERRIICCAANN TTOOWWEERR GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Environment
Aligning With the UN SDGs Our Approach 2022 Highlights
We are committed to minimizing our environmental • Achieved a 9.5% reduction in combined
impact and operating sustainably. Our business model scope 1 and 2 GHG emissions compared
of developing and leasing neutral-host infrastructure to to our 2019 baseline, while driving
multiple communications providers, as an alternative to strong organic business growth1
each provider building its own, fundamentally minimizes the
• Surpassed our renewable energy
telecommunications industry’s overall environmental impact.
goal of 66 megawatts (MW) of
on-site capacity at over 12,000 sites
• R educe land use change and consumption of natural
by increasing our
Keyword: governance
9 ABOUT AMERICAN TOWER PRESIDENT AND CEO AAMMEERRIICCAANN TTOOWWEERR GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Social
Aligning With the UN SDGs Our Approach 2022 Highlights
At American Tower, we believe in the importance of providing • P roudly employed a workforce
support and opportunities for both our employees and the that is nearly 30% women in an
communities where we operate. Our Social pillar encompasses industry in which women continue
our employee development programs; community initiatives, to be underrepresented
including financial contributions from the American Tower
• I nvested more than $5 million in
Foundation and volunteer efforts; and our Digital
employee development and support
Communities program, among other philanthropic initiatives.
for employees pursuing educational
We are proud to create shared
Keyword: governance
10 ABOUT AMERICAN TOWER PRESIDENT AND CEO AAMMEERRIICCAANN TTOOWWEERR GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Governance
Aligning With the UN SDGs Our Approach 2022 Highlights
American Tower is committed to doing business according to the highest ethical • Joined the UNGC
standards to ensure we are viewed as a partner of choice for our customers and the
• Adopted the UN
communities where we operate. Our commitment to operating ethically is visible
Women’s Empowerment
throughout our day-to-day work and is manifested through our training regimen,
Principles (WEPs)
formal policies and procedures, and communications from our senior leadership.
• Named to Fortune’s World’s
Aligning With the UNGC Principles • Drive long-term value creation through organic growth, disciplined capital Most Admired Companies,
allocation and s
Keyword: governance
• Ensure a strong corporate governance framework, which defines the roles and
Businesses should support and respect
Forbes’ America’s Best
responsibilities of our Board, provides thematic oversight of our strategy and
the protection of internationally
Midsize Employers and
operations, and ensures regulatory compliance
proclaimed human rights;
Forbes’ America’s Best
• Conduct training on our Code of Ethics and Business Conduct Policy (Code of
Employers for Veterans lists
PRINCIPLE 2
Conduct) for all employees and the Foreign Corrupt Practices Act (FCPA) for all
Make sure that they are not complicit in • Incorporated ESG
international employees, emphasizing our zero-tolerance policy
human rights abuses; and performance metrics into
• Provide multiple channels for employees and ot
Keyword: governance
Governance Guidelines to
by conducting employee engagement surveys, participating in industry
expand diversity categories
organizations and administering regular formal customer satisfaction surveys, in
• Employees completed more
addition to our frequent informal interactions and ongoing discussions
than 18,000 training classes
• Maintain and continuously enhance safeguards to protect against cybersecurity
related to cybersecurity
threats and attacks through comprehensive policies and programs
AMERICAN TOWER | 2022 SUSTAINABILITY REPORTLETTER FROM OUR SSUUSSTTAAIINNAABBIILLIITTYY AATT PRINCIPLES OF REPORTING
11 ABOUT AMERICAN TOWER PRESIDENT AND CEO AAMMEERRIICCAANN TTOOWWEERR GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Prioritizing Material Topics
Our
Keyword: governance
Governance
Next,
• Cybersecurity • Board oversight
we conducted internal and external stakeholder engagement,
facilitated by Global Sustainability Committee (GSC) members, to gather • E thics, regulatory compliance • Stakeholder engagement
and accountability
insights supporting topic prioritization for our business objectives. This GSC-led • Tax and economic contribution
engagement included a cross-functional global survey process to gather
input and participation from leadership and operational teams across the
organization, in addition to targeted interviews.
In 2022, we completed a materiality assessment refresh after completing the CoreSite
Realty Corporation acquisition, which closed in December 2021 and expanded our data
centers segment. This r
Keyword: governance
12 ABOUT AMERICAN TOWER PRESIDENT AND CEO AAMMEERRIICCAANN TTOOWWEERR GOVERNANCE SOCIAL ENVIRONMENT AND INDICES
Engaging With Key Stakeholders
We value the relationships we have built with all our stakeholders, including employees, stockholders, customers, suppliers See the Stakeholder Engagement section of our
and landlords, local communities and trade organizations, non-governmental organizations (NGOs) and governing GRI Content Index for more information on how
authorities, and recognize their feedback and engagement are critical to our success. We regularly engage our key we engage with our many stakeholders.
stakeholder groups through a variety of platforms to better inform our strategy and ultimately drive the management of
our business and material topics.
Making the Case for Sustainability
The 2023 World Econom
Keyword: governance
Governance
AMERICAN TOWER | 2022 SUSTAINABILITY REPORTLETTER FROM OUR SUSTAINABILITY AT PRINCIPLES OF REPORTING
14 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GGOOVVEERRNNAANNCCEE SOCIAL ENVIRONMENT AND INDICES
Board Oversight
Board Oversight
Ethics and integrity guide every aspect of our business. We have a strong governance including recruitment and engagement. The Audit Committee is responsible for
system in place that shapes our Company’s strategy, policies and culture. We recognize overseeing risks related to audits, accounting, cybersecurity, financial reporting,
that strong governance is key to maintaining the trust and support of our stakeholders. compliance and legal matters.
Our culture of ethics and integrity starts at the top wi
Keyword: governance
Nominating and Corporate Governance Committee (Nominating Committee) oversees
part of a racial or ethnic minority group.
the management of risks associated with Board and committee composition, the skill
sets of directors, the Company’s corporate governance structure, and ESG programs
and reporting, as detailed in the Sustainability Governance section. The Compensation
Committee oversees the management of risks related to human capital management, For more information on our governance and risk management
compensation practices and programs, and employee training and development, framework, please see our 2023 Proxy Statement.
1. D avid E. Sharbutt did not stand for re-election in 2023, but continued to serve on the Nominating and Corporate Governance Committee through the d
Keyword: governance
Sustainability Governance
The Nominating Committee Charter formally includes oversight and
review of the Company’s ESG programs, policies and reporting as part
of the Board’s responsibilities. Though the Nominating Committee
Nominating and Corporate
is charged with specific oversight of ESG-related matters, ESG issues
Governance Committee
are reviewed, discussed and addressed by the entire Board. We of the Board of Directors
periodically conduct ESG-related education sessions for our directors, Has direct oversight of ESG
often facilitated by external experts, to continuously enhance their programs and policies
knowledge and expertise on ESG topics. For example, in 2022, the
Board participated in education sessions on regulatory updates related
to sustainability an
Keyword: governance
committee also enhanced global data governance practices related Facilitates cross-market Team
to our material topics, enabling improved progress tracking and knowledge sharing and Supports the CSO on
the development and global sustainability programs
identification of opportunities for further improvement. implementation of the global and reporting
sustainability strategy
As of year-end 2022, every region has implemented a customized
sustainability governance framework. Given the Company’s global
reach, each region’s sustainability governance is tailored to provide
Regional Sustainability
the adaptability and flexibility needed to address its local needs.
Regional Leaders Committees
For example, in Africa each market has its sustainability operating
Support the CSO with Drive regional
Keyword: governance
Our commitment to ethical, high-quality operations is reflected in our governance
practices, starting with the actions of our Board and leadership, cascading
through all levels of the organization and permeating across all markets.
Our Integrity and Compliance Program
At the heart of our ethics and integrity program is our comprehensive Code
of Conduct, which covers a wide range of topics related to responsible
operations, including a safe work environment, accurate and complete
record-keeping, conflicts of interest, integrity in the marketplace, data
Our Integrity and Compliance Policies
privacy and security, and policies against retaliation.
99%
All employees are introduced to the Code of
• Anti-Harassment and Anti-Discrimination Policy
Conduct upon hire and receive specific training
of employees
• Anti-Insider Tradin
Keyword: governance
Thanks to our strong governance and information security
measures, there were no material breaches reported in 2022.
As part of our continuous improvement efforts, every year we conduct a penetration test to
ensure we have the right security measures in place. Also, in 2022, we conducted a cybersecurity
and business resiliency workshop, overseen by an external consultant, to test the American Tower
Incident Response Plan. The purpose of this was to ensure a timely, consistent and compliant
response plan to actual or attempted cybersecurity incidents impacting the Company is in place.
1. M ay include timely notice to our Board if deemed material or appropriate. AMERICAN TOWER | 2022 SUSTAINABILITY REPORTLETTER FROM OUR SUSTAINABILITY AT PRINCIPLES OF REPORTING
23 ABOUT AM
Keyword: governance
24 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Social
AMERICAN TOWER | 2022 SUSTAINABILITY REPORTLETTER FROM OUR SUSTAINABILITY AT PRINCIPLES OF REPORTING
25 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
Supporting Our People
American Tower’s success is rooted in the more than 6,000 employees, in 26 countries
across six continents, who are working toward building a more connected world.1 In
support of this vision, we provide a positive and inclusive workplace by attracting,
developing, engaging and retaining strong talent throughout all our markets. As part
of this strategy, we focus on offering opportunities for development and career growth
across all levels of the organ
Keyword: governance
26 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
Training and Development
The success of American Tower relies on the talent and expertise of our employees. As the American Tower
telecommunications industry evolves, we want to empower our employees with the skill
Development Center
sets and knowledge they need for continued success. To help our employees thrive, we
support them through a variety of methods, including professional onboarding, ongoing
In 2022, we launched our new and enhanced
training and career development opportunities. In 2022, the Company invested over
Development Center, which provides a localized
$5 million in employee development programs, roughly $800 per employee, which is a
experience for our global team
Keyword: governance
27 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
Inaugural Companywide
Sustainability Training
In 2022, the Company offered a Sustainability at
American Tower 101 training to increase awareness
and understanding of our sustainability program and
its goals and initiatives. During the training, leaders
reviewed why sustainability is critical for our business.
$400,000+ Additionally, American Tower supports external We also work with managers and employees to identify appropriate external learning
development opportunities. In 2022, we contributed opportunities through organizations like the American Management Association, the
contributed through tuition more than $400,000 through tuition assistance support Center for Creative Lead
Keyword: governance
28 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
Management and Leadership Development
An integral part of the employee experience is having
strong and effective leaders. American Tower’s
dedication to succession planning and developing our
current and future leaders is demonstrated through the
variety of management and leadership development
opportunities we offer. We have, and will continue
to develop, a pipeline of accomplished leaders and
skilled managers in all our
800+ markets. In 2022, over 800
employees were promoted
employees were
or switched roles as they
promoted or switched
furthered their careers at
roles in 2022
American Tower.
We also offer a variety of programs and workshops for current and prospective
leaders acr
Keyword: governance
29 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
Recognizing Exceptional Employees Through the TowerStar Awards Program
This beloved program highlights exceptional employees who actively live the American Tower Core Principles by displaying outstanding dedication to their work and a commitment to
creative problem solving and collaboration. Employees nominate their colleagues for the TowerStar Award, who are then evaluated and selected by our senior leadership team. Since
the program’s inception in 2001, more than 170 employees and 26 teams have been celebrated as honorees. Highlighted below are just a few of our esteemed recipients from 2022:
Mariana J. Telxius Acquisition Integration Team
Manager, Lease Administration, Mexico Eu
Keyword: governance
30 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
Connecting With Our Employees Benefits and Wellness
Engaging directly with our employees is essential to providing a workplace where people feel valued, We believe providing our employees with comprehensive
included and inspired. Our leadership connects with employees through a variety of channels, benefits packages is fundamental to supporting their
including regular town hall meetings, local team meetings, our employee intranet, networking and overall wellbeing, as well as allowing the Company to retain
team-building events, CEO listening sessions, monthly emails, focus groups and surveys. talented people.
Our biennial employee survey was most recently completed in 2021 and is a
Keyword: governance
31 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
Financial Wellbeing Programs
In early 2022, American Tower announced a new benefit to help support U.S.
employees’ financial goals through access to various tools and resources, which are
provided by one of the nation’s pre-eminent leaders and innovators in company-
sponsored and individual financial counseling services. The service allows employees
to connect with professional financial planners for personalized guidance to help
navigate their financial lives.
Topics employees can receive assistance with
include budgeting, debt management, investing,
retirement planning, insurance, estate planning
and tax planning.
Additionally, the service provider understands American Tower’s of
Keyword: governance
32 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Supporting Our People
New Ways of Working
As the world adjusts to a new normal after the COVID-19 pandemic,
many of our markets have embraced a hybrid working environment. We
have continued to support the hybrid work environment through job aids,
interactive onboarding guides and curated learning resources. Many markets In the U.S., when teams
also provide their employees with home office furniture and internet service
transitioned back to the office,
reimbursements. For example, in Niger, the Company covered expenses, such
the “Be” campaign was launched
as electricity, internet, breakfast and a solar kit, for those who needed these
resources to create an effective and productive home work environment.
Keyword: governance
33 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Promoting DEI
Promoting DEI
UNGC PRINCIPLE 6
Businesses should uphold the elimination of discrimination
At American Tower, we are committed to creating a culture that values DEI throughout all
in respect of employment and occupation.
aspects of our business. Our inclusive philosophy guides how we interact with each other,
hire and manage our people, and serve our customers. We recognize a diverse workforce Recruiting, developing, empowering and retaining diverse employees
fosters innovation and contributes to organizational growth and business performance. is fundamental to our success. American Tower stands against
discrimination of any kind. Our culture promotes mutual respect,
The Company’s commitmen
Keyword: governance
Council formalized its governance structure and charter and will drive DEI
business opportunities; find and develop talent;
and connect with the communities where we initiatives that align with our Company strategy.
live, work and do business
AMERICAN TOWER | 2022 SUSTAINABILITY REPORTLETTER FROM OUR SUSTAINABILITY AT PRINCIPLES OF REPORTING
34 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Promoting DEI
DEI Recruiting, Onboarding DEI-related training is an
and Development integral component of our
Our recruiting efforts include strategies employee onboarding
to build diverse candidate pipelines and
and continuing education
promote a culture that supports a diverse
programs. In 2022, our
team of global employees. Many
Keyword: governance
35 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Promoting DEI
Supporting Historically Black Colleges
and Universities
American Tower is committed to advancing our partnerships with Historically
Black Colleges and Universities (HBCUs), at both the undergraduate and
graduate levels, to create opportunities for a more diverse workforce. We
have expanded our engagement with HBCUs through providing financial
support, serving on college advisory boards and supporting internships.
A cross-functional team, including our Board, collaborates to make our
partnerships with North Carolina A&T State University (N.C. A&T) and North
Carolina Central University (NCCU) a reality.
Highlights of our 2022 work with HBCUs include:
Provided $200,000 in scholarships as
$200
Keyword: governance
36 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Promoting DEI
Promoting Gender Diversity
We believe gender diversity across our organization, including at the leadership level, ~30% American Tower is proud to have made progress on the
makes us a stronger company; as such, it has been a key focus of our DEI efforts. In development and promotion of women in our workforce.
early 2022, American Tower adopted the UN WEPs as part of our goal to promote of our workforce In 2022, approximately 30% of our workforce identified as
were women in 2022
gender equality and women’s empowerment in the workplace and community, and we women; however, women accounted for a proportionally
have facilitated several partnerships, programs and initiatives to enhance opportun
Keyword: governance
37 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Promoting DEI
Supporting Disability Inclusiveness
At American Tower, we provide equal opportunities and an inclusive culture to people with
disabilities. In Colombia, Chile, Brazil and Mexico, we maintain partnerships with Best Buddies, a
nonprofit organization dedicated to ending the social, physical and economic isolation of people
with disabilities. As part of these partnerships, Best Buddies participants visit our offices to talk
about their life experiences and learn more about American Tower, and we provide employment
opportunities for some of the participants as well.
In Chile, we created a disability
inclusion workplan, focused on
educating and raising awareness
about inclusivity in the workplac
Keyword: governance
38 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Health and Safety Management
Health and Safety Management
Health and Safety as a Human
Right and Promoting Safe
American Tower prioritizes the safety of our employees, customers, vendors and
Working Environments
surrounding communities and aims to eliminate accidents and injuries in all aspects of
our business. We believe this is critical to our success; and, as such, our markets leverage
leading occupational health and safety programs, which are customized to ensure We play an integral role in the global telecommunications and real
compliance with local requirements and regulations. estate industries, and we are mindful that our impact, and that
of our value chain, have ripple effects in the local comm
Keyword: governance
39 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Health and Safety Management
Management Systems and Safety Certifications
American Tower plays an active role in improving Our global engineering teams are responsible for As a leader in global infrastructure, we actively
our industry’s working conditions. Across the regular audits of our tower portfolio, ensuring the contribute to and lead working groups that support
Company, our markets develop operational manuals integrity and safety of our sites, as well as validating the development of health and safety standards for
by considering market-specific risks and taking into compliance with the Telecommunications Industry training and certification in our industry. In the U.S.,
account factors such as wh
Keyword: governance
40 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Health and Safety Management
Third-Party Vendor Management Health and Safety Training Initiatives
A significant portion of tower-related work on our communications Training is an essential element of American Tower’s occupational
sites is performed by third-party vendors, with many markets health and safety program. The Company provides training to our
outsourcing activities, such as routine maintenance and security. With employees—and in some markets to our contractors—on a variety
varying cross-market requirements, which are based on regulatory of topics, including working at height, electrical safety, safe driving,
considerations and region-specific determinations, we work to ensure personal protecti
Keyword: governance
41 ABOUT AMERICAN TOWER PRESIDENT AND CEO AMERICAN TOWER GOVERNANCE SSOOCCIIAALL ENVIRONMENT AND INDICES
Health and Safety Management
Measuring Our Performance Physical Security
At American Tower, we track a range of global occupational health and safety metrics to maintain a clear We recognize it is of utmost importance to secure our people
understanding of our performance. We regularly review these metrics to identify trends, potential risks and and assets during the normal course of business and respond
opportunities for improvement. In 2022, our reportable injury rate was 0.25 and our lost time injury rate was appropriately to crises and other critical events. To ensure a
0.15.1 These were an increase from 2021 largely due to a function of a very small sample size of recordable consistent approach acro
Keyword: governance
governance framework and developed
Employee Health and Safety Performance Trends an updated Global Security Policy, with
related guidance and minimum standards
Metrics 2020 2021 2022 aligned with our market processes.
Total number of employees 5,618 5,8943 5,8863
This policy brings a threat-based approach to security
Total number of fatalities 0 0 1 management and establishes global standards for the
protection of our people, assets and operations. We also
Total number of reportable injuries/illness 8 4 15
implemented an improved business traveler assistance program,
Total number of lost time injuries/illness 6 1 9 which features a 24/7 emergency hotline, trip-specific travel
advice and threat intelligence, and the ability to monitor and
Total record