ADT Inc., the most trusted brand in smart home and small business security, publishes its 2021 environmental, social, and governance (ESG) report detailing the steps the company has taken to advance its ESG programme.
“Respecting the environment, promoting social responsibility, and leading with responsible governance are fundamental to who ADT is and guide our safe, smart, and sustainable business practices,” said ADT President and CEO Jim DeVries. “Most importantly, we believe that embedding ESG into our business priorities will better enable us to deliver on our core mission – empowering people to protect and connect to what matters most.”
Effective resource utilisation
The report contains several key highlights of ADT’s ESG progress, including:
- Creation and definition of eight key ESG pillars;
- Steps taken to foster inclusivity, diversity, and belonging, as well as overall employee well-being;
- Actions to reduce waste and emissions while promoting more effective resource utilisation;
- Prioritisation of customer privacy;
- Product and technology innovations to deliver on the core mission;
- And the impact of ADT’s philanthropy and employee volunteerism in communities across the country.
Risk management practices
In addition, the report discusses the steps ADT took to move its ESG initiative forward, including:
- Embedded oversight responsibility for ESG issues into the mandate and charter of the audit committee of the ADT Board of Directors;
- Produced ADT’s second Sustainable Accounting Standards Board (‘SASB’)-aligned disclosure report;
- Established a cross-functional, management- and executive-level ESG working group to lead ESG efforts across the company;
- Assessing and integrating ESG-specific risks and opportunities into the company’s risk management practices;
- Completed a materiality assessment to identify, define and prioritise the ESG issues of greatest potential impact to ADT’s stakeholders and business performance.
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