Reporting Approach Corporate Responsibility Oversight

Corporate Responsibility Oversight

Board and Executive Oversight

The AT&T Board of Directors’ Governance and Policy Committee (GPC) has direct oversight of Corporate Responsibility strategy, related policies, programs and reporting. It also oversees our policies for political and philanthropic giving, which include political contributions, corporate contributions approved by the AT&T Contributions Council and grants approved by the AT&T Foundation.

Our Chief Sustainability Officer (CSO), who is also our Senior Vice President (SVP)—Corporate Responsibility, presents at the GPC and Board meetings and provides educational materials through a Corporate Responsibility Board portal. Materials and discussions cover environmental, social and governance topics such as: digital divide; social innovation; responsible supply chain; business-affecting climate transition; public corporate responsibility reporting; and political and charitable contributions. The CSO also holds discussions with individual Committee members as needed throughout the year. The company’s Chief Diversity Officer presents updates to the GPC and provides workforce metrics for each GPC meeting.

AT&T Governance Infographic 2024

Two other Board committees oversee specific corporate responsibility factors as part of their full charters, the Audit Committee and the Human Resources Committee. The Audit Committee oversees AT&T compliance with legal and regulatory requirements, as well as internal enterprise risk assessment activities, which include privacy and data security. The Human Resources Committee oversees human capital management at AT&T, including factors such as employee benefit plans, employee safety, professional development and related executive compensation.

Our CSO oversees internal management of AT&T’s corporate responsibility strategy, risks and opportunities. Our SVP – Audit Services oversees internal enterprise risk assessment activities and audit functions, including analysis of risks and disclosures, and associated processes, controls and assurance.

Internally, our CSO leads our Corporate Responsibility (CR) Governance Council, which comprises more than a dozen Officers who lead the business operations aligned to our most important Corporate Responsibility focus areas. The CR Governance Council held three meetings in 2023 and covered topics such as digital divide, business-affecting climate transition, political contributions, corporate responsibility reporting, Inclusion, long-range goal setting and social issue engagement.

In addition to the CR Governance Council, we convene core issue committees focused on the community, digital divide, disclosure, environment, and human rights. These committees are led by senior leaders who work closely with subject matter experts throughout our business to implement and enhance programs and policies that address Corporate Responsibility issues across AT&T.

For more information on our Corporate Responsibility oversight, please see our most recent proxy statement.

Corporate Responsibility Governance Council

Our Council comprises officers with responsibility for the business areas most linked to current Corporate Responsibility priorities. Each member represents her/his entire organization to reach a broader range of issues and perspectives.

Corey Anthony