Verizon and AT&T Recognized As A Top-Performing Companies ⋆

Verizon and AT&T Recognized As A Top-Performing Companies

The JUST100 annual rankings reflect the performance of America’s largest publicly traded companies on the issues that matter most in defining just business behavior today. JUST 100 top companies

Verizon is #9 and AT&T Inc. is #18 overall on the JUST 100 rankings, a top 100 list published by JUST Capital and CNBC.

Verizon is highest-ranked telecommunications company in 2022 (and in 2020); AT&T was the industry leader in 2021 and 2019.

Verizon Communications Inc ranks 24th overall and 1st in its industry

Workers

It ranks 2nd in its industry and 78th overall when it comes to paying a fair, living wage – which, as the most important issue according to the American public, accounts for 15.6% of a company’s score in our rankings. Verizon is part of the first cohort of companies in our Worker Financial Wellness Initiative, created in collaboration with PayPal, the Financial Health Network, and Good Jobs Institute. While its participation does not impact Verizon’s score in our rankings, we commend the company for its commitment to employee financial health. – as an example, Verizon began Stock Together, a discretionary equity award program based on Verizon’s Restricted Stock Units (RSUs).

Verizon Communications Inc ranks 33rd overall and 2nd in its industry JUST 100 top companies

Communities

It demonstrates a high standard for suppliers through its partnership with EcoVadis, which assesses suppliers’ weaknesses and collaboratively works with suppliers to improve their practices. Verizon is also is a charter member of the Billion Dollar Roundtable (BDR), which focuses on improving supplier diversity and inclusion throughout the supply chain.

Verizon Communications Inc ranks 147th overall and 3rd in its industry

Environment

It combats climate change by committing to reach net zero operational emissions by 2035, increasing the scope of its previous environmental pledge to reach only carbon neutrality within the same timeframe. Verizon’s ambitious climate commitments are verified by the Science-Based Target Initiative (SBTi) and limit warming to only 1.5°C, a level of commitment that only 6.8% of companies in 2022 Rankings have committed to.

The ranking recognizes the hard work and investments that AT&T, their dedicated team members and their partners have made toward the betterment of their communities, their customers’ lives and the environment. It also recognizes AT&T commitment as a company to treat their people fairly, provide them good wages and benefits, and a safe and respectful working environment.

AT&T was ranked #1 in the telecom industry in the priority areas of communities, customers, shareholders, and governance.

Why is this important?

AT&T strives to create connections and have a positive impact in the communities in which we all live and work. These efforts include:

Connected Learning Centers that provide free access to AT&T Fiber internet and Wi-Fi as well as educational tools to underserved students who face barriers to accessing the connectivity that is vital to long-term success. This effort is part of the AT&T Connected Learning Initiative and our $2 billion commitment to address the digital divide through low-cost broadband service and community investment. So far, they’ve opened or announced plans to open Connected Learning Centers in Dallas, Houston, Cleveland and Los Angeles.
AT&T response and support related to disaster relief and critical issues facing the communities AT&T serve from natural disasters to the COVID-19 pandemic. AT&T do this through corporate giving, employee support, and volunteerism, as well as through FirstNet®, Built with AT&T – the award-winning network purpose-built for America’s first responders. With FirstNet, they deploy, operate and maintain the only high-speed, nationwide wireless broadband communications platform dedicated to the public safety community.
Engagement efforts to help address challenges in their local communities and leverage AT&T scale to positively impact society. These efforts range from participating in the Affordable Connectivity Program to committing more than $600 million since 2008 to advance education and create opportunity, particularly in historically underserved populations. AT&T teams also help support their communities by giving back. In 2020, AT&T teams volunteered more than 520,000 hours and donated $26 million in employee giving.
AT&T commitment to be carbon neutral by 2035 across their entire business and other efforts to create a better, more environmentally sustainable future using their scale and technology. They’ve also set a goal to develop connectivity solutions that help AT&T customers collectively reduce a gigaton of greenhouse gas emissions by 2035. They’re assessing the risks of climate change to our business, so we all can make smarter, climate-informed decisions for the future and help build resilience for the communities AT&T serves. Fortifying the AT&T network is critical for the millions of people who rely on the connectivity the operator provides. JUST 100 top companies

The rankings from JUST Capital evaluate the 1,000 largest public companies in the United States across 20 stakeholder-focused issues as identified through the most comprehensive ongoing public opinion research on Americans’ attitudes toward responsible corporate behavior, engaging more than 150,000 participants since 2015.