AT&T to be added to 2010 Dow Jones sustainability index North America
AT&T* announced today that, effective with the opening of equity markets on September 20, 2010, it will be added to the 2010 Dow Jones Sustainability Index North America. One of the world's most recognizable sustainability indexes, the DJSI North America is based on a rigorous analysis of corporate, economic, environmental and social performance. The index tracks the performance of the top 20 percent of the 600 biggest North American companies in the Dow Jones Global Total Stock Market Index that lead the field in terms of sustainability.
AT&T is committed to sustainable business practices across all areas of its business. The DJSI North America announcement comes as AT&T continues to make progress on multiyear commitments for important environmental, education and volunteerism programs that help strengthen communities and stimulate economic growth. Critical initiatives include:
- Investing up to a planned $565 million to roll out approximately 15,000 alternative-fuel vehicles through 2018.
- Helping find solutions to the nation's high school dropout crisis through AT&T Aspire, a $100 million, multi-year program to improve high school retention rates and prepare the next generation of U.S. workers.
- Engaging in community volunteerism, where AT&T employees and retirees contributed 8.5 million hours of time in their communities last year.
'Our debut on the Dow Jones Sustainability North America Index signals our belief that a company's long-term growth is linked to the soundness of its business practices and to the health of its employees, its community and its world,' said Charlene Lake, senior vice president of public affairs and chief sustainability officer, AT&T. 'We know our stakeholders have high expectations of AT&T as a corporate citizen. While we continue to learn and make progress on this journey, we take pride in being recognized for the steps we've taken.'
AT&T is one of three telecommunications companies listed on the DJSI North America. For a full list of companies included on the DJSI North America, visit http://www.sustainability-index.com/07_htmle/reviews/review2010.html.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
AT&T Inc. (NYSE: T) is a premier communications holding company. Its subsidiaries and affiliates - AT&T operating companies - are the providers of AT&T services in the United States and around the world. With a powerful array of network resources that includes the nation's fastest mobile broadband network, AT&T is a leading provider of wireless, Wi-Fi, high speed Internet and voice services. A leader in mobile broadband, AT&T also offers the best wireless coverage worldwide, offering the most wireless phones that work in the most countries. It also offers advanced TV services under the AT&T U-verse® and AT&T |DIRECTV brands. The company's suite of IP-based business communications services is one of the most advanced in the world. In domestic markets, AT&T Advertising Solutions and AT&T Interactive are known for their leadership in local search and advertising. In 2010, AT&T again ranked among the 50 Most Admired Companies by FORTUNE® magazine.
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