BOCA RATON (Fla.), May 03, 2022 (GLOBE NETWORKWIRE) — ADTInc. (NYSE: ADT) The most trusted brand in smart home security and small business security, today released its 2021 Environmental, Social and Governance (ESG), report that details the company’s efforts to improve its ESG program.
Jim DeVries, ADT President and CEO, stated that respecting the environment, social responsibility, and leading with responsible governance are core to ADT’s identity. These principles guide our safe, smart, and sustainable business practices. Most importantly, we believe that ESG integration into our business priorities will allow us to better deliver on our core mission which empowers people to connect to and protect what really matters.
The report highlights key aspects of ADTs ESG Progress, including:
- Definition and creation of eight key ESG principles;
- Steps taken for inclusion, diversity, belonging, and overall employee well-being
- Actions to reduce waste, emissions, and promote more efficient resource utilization
- Prioritization of customer privacy
- Innovations in product and technology to fulfill the core mission
- And the impact of ADTs employee volunteerism and philanthropy on communities across the nation.
ADT also discusses how it moved forward with its ESG initiative in the report.
- ESG issues are embedded in the mandate and charter of ADT’s audit committee;
- Produced ADTs Second Sustainable Accounting Standards Board (SASB), aligned disclosure report
- To manage ESG efforts across the company, a crossfunctional, management- and executive-level ESG group was formed.
- Assessing and integrating ESG specific risks and opportunities into the company’s risk management processes;
- A materiality assessment was completed to identify, prioritize and prioritize ESG issues that could have the greatest impact on ADTs stakeholders and business performance.
The ADT 2021 ESG Report may be found on ADT’s investor relations website.
About ADT
ADT offers smart, safe and sustainable solutions for homes, businesses, and individuals. We empower people to connect and protect what is most important through innovative solutions, unrivaled safety and a premium customer experience. Visit www.adt.com for more information.
FORWARD-LOOKING STATEMENTS
ADT has made forward-looking statements in this press release. These statements are subject to risks, uncertainties and other factors. Other than statements of historical facts, all statements in this press release could be considered forward-looking statements. They are made with the knowledge of the safe harbor protections offered by the Private Securities Litigation Reform Act of 1996. These forward-looking statements concern the Company’s ability to grow its ESG program successfully and to integrate its ESG initiatives into the Company’s business in a way that will allow it to achieve its financial and business objectives. Forward-looking statements are based upon management’s current beliefs and assumptions, as well as information currently available to them. ADT warns that forward-looking statements are subject to risks and uncertainty. Many of these risks and uncertainties are beyond ADTs control and could cause future events and results to differ from those stated in this press release. These include risks and uncertainties related the Companys ability establish an effective ESG program and to successfully embed ESG programs into the business. Also, the Companys Annual Report on form 10-K, Quarterly Reports of Form 10-Q and other filings with Securities and Exchange Commission, which include the sections entitled Risk Factors and Managements discussion and Analysis of Financial Condition and the Results of Operations. Any forward-looking statement in this pressrelease is only accurate as of the date it was made. ADT does not undertake any obligation to publicly revise or update any forward-looking statements, regardless of whether they are based on new information or future developments.
Media and Investor Contacts
Media Relations
Paul Wiseman
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561-356-6388
ADT Investor Relations
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Tel: 888-238-8525
