Crown Castle Releases 2024 Sustainability Report

Core Insights - Crown Castle Inc. released its 2024 Sustainability Report and updated its sustainability website [1] - The company emphasizes creating long-term value for stakeholders by maximizing the use of existing assets, which reduces costs for customers and environmental impact [2] Sustainability Highlights - Crown Castle's Total Recordable Incident Rate (TRIR) for 2024 is five times lower than the US average, continuing a trend of safety performance well below industry averages [6] - A third-party climate scenario analysis indicates that Crown Castle's tower portfolio is resilient to physical climate risks under four emissions scenarios, with minor estimated financial impacts [6] - The company is over 75% towards its goal of achieving carbon neutrality in Scope 1 and 2 emissions by 2025, having sourced 93% of its annual electricity consumption from renewable energy contracts by the end of 2024 [6] - Approximately 63% of Crown Castle's lit towers have converted to energy-efficient LED lighting [6] Governance Practices - Over the past year, Crown Castle enhanced its governance practices by implementing stockholder rights to call special meetings, adopting simple majority voting for charter and bylaw amendments, and prohibiting stock pledging by directors and executives [6] Company Overview - Crown Castle owns, operates, and leases around 40,000 cell towers and approximately 90,000 route miles of fiber, supporting small cells and fiber solutions across major U.S. markets [4]