BOCA RATON FL., May 03/2022 (GLOBE NEWSWIRE). ADTInc. (NYSE, ADT), the trusted brand in small business and smart home security, published today its Report 2021 on environmental, social, and governance (ESG).This document outlines the steps that the company took to advance 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. We believe that incorporating ESG into our business priorities will help us deliver on our core mission of empowering people to connect and protect what is most important.
The report highlights key aspects of ADTs ESG Progress, including:
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Definition and creation of eight key ESG principles;
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Steps taken to promote inclusion, diversity, and belonging as well as overall employee wellbeing;
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Actions to reduce waste, emissions, and promote more efficient resource utilization
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Prioritization of customer privacy
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Technology and product innovations that support the core mission
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And the impact of ADTs employee volunteerism and philanthropy on communities across the nation.
The report also discusses the steps ADT took in order to move forward its ESG initiative, including:
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ESG issues are embedded in the mandate and charter of ADT’s audit committee;
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Produced ADTs second Sustainable Accounting Standards Board, (SASB-aligned disclosure document).
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To manage ESG efforts across the company, a crossfunctional, management- and executive-level ESG group was formed.
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Assessing and integrating ESG specific risks and opportunities into the company’s risk management processes;
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A materiality assessment was performed to identify, classify and prioritize ESG issues with the greatest potential impact on ADTs stakeholders as well as business performance.
The ADT 2021 ESG Report can be found here ADTs investor relations site.
About ADT
ADT offers smart, safe and sustainable solutions for homes, businesses, and individuals. ADT empowers people to protect and connect to the most important things through innovative offerings, unrivalled safety, and a premium experience for customers. Visit www.smarthomesecurity.com for more information. www.adt.com.
FORWARD-LOOKING STATEMENTS
ADT has made statements that are forward-looking in this press release. They are therefore subject to uncertainties and risks. All statements, except statements of historical fact, in this press conference are forward-looking statements. These statements are made in reliance upon the safe harbor protections afforded by the Private Securities Litigation Reform Act of 1985. These forward-looking statements are based on the Company’s ability and potential success in growing its ESG program, and to embed its ESG initiatives within its business in a way that will enable it to achieve its business and financial goals. Forward-looking statements reflect management’s current beliefs, assumptions, and information currently available. 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. Forward-looking statements in this press release are made only as of the date they were 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.
Contact Media and Investors:
Media Relations
Paul Wiseman
[email protected]
561-356-6388
ADT Investor Relations
[email protected]
Tel: 888-238-8525
