Trailblazer Pacesetter LATE BLOOMER
Company Narrative
American Tower, a real estate investment trust with telecommunications ownership, has been ranked a LATE BLOOMER on the Women’s Power and Influence Index.
As part of employee onboarding, American Tower requires completion of training titled “Diversity at American Tower”. American Tower’s employee resource group, Women & Allies of American Tower Climb Higher, offers women mentorship and professional development opportunities to support their careers. American Tower offers eight weeks of paid parental leave and offers an additional six to eight weeks of paid disability leave for birthing mothers.
As of 2022, women constitute 36.7% of the workforce and 27% of leadership.
American Tower had insufficient information on many key Index criteria including equitable pay, annual compensation reviews, pay parity, subsidized childcare, women-specific healthcare benefits, and a clear process for addressing reported harassment incidents.
Workforce Profile
Equitable Pay
✓ Does the company demonstrate a clear and transparent commitment to equal pay?
“The only information they have on compensation/pay is about executive and C-suite compensation. “To drive further progress, in 2022, our Compensation Committee tied executive annual short-term bonus incentive awards to an ESG scorecard, which includes a human capital management goal with a specific emphasis on underrepresented groups.” Ref: American Tower Corporate Social Responsibility Report 2022
✘ Does the company perform an annual analysis of gender pay equity and pay disparities?
Information regarding this criterion was unavailable or incomplete.
✘ Do female employees earn at least 95% of what their male counterparts earn?
Information regarding this criterion was unavailable or incomplete.
Career Growth
✓ Does the company demonstrate a commitment to actively attracting, retaining, and/or promoting women within the organization?
“We believe gender diversity across our organization, including at the leadership level, makes us a stronger company; as such, it has been a key focus of our DEI efforts. In early 2022, American Tower adopted the UN WEPs as part of our goal to promote gender equality and women’s empowerment in the workplace and community, and we have facilitated several partnerships, programs and initiatives to enhance opportunities for women leaders.” Ref: Pg.35, American Tower ESG Report
✓ Does the company provide professional development programs designed specifically for female employees?
“For example, our global employee resource group, Women & Allies of American Tower Climb Higher (WAATCH), aims to cultivate an environment that supports and empowers women on their career journeys at American Tower through mentorship, professional development and social connection.” Ref: Pg.35, American Tower ESG Report
✓ Does the company provide professional development programs designed specifically for diverse employees?
“For example, our global employee resource group, Women & Allies of American Tower Climb Higher (WAATCH), aims to cultivate an environment that supports and empowers women on their career journeys at American Tower through mentorship, professional development and social connection.” Ref: Pg.35, American Tower ESG Report
✓ Does the company offer a formal mentoring program to support the career advancement of all female employees?
“For example, our global employee resource group, Women & Allies of American Tower Climb Higher (WAATCH), aims to cultivate an environment that supports and empowers women on their career journeys at American Tower through mentorship, professional development and social connection.” Ref: pg.35, American Tower ESG Report
✓ Does the company offer a formal mentoring program to support the career advancement of diverse employees?
“For example, our global employee resource group, Women & Allies of American Tower Climb Higher (WAATCH), aims to cultivate an environment that supports and empowers women on their career journeys at American Tower through mentorship, professional development and social connection.” Ref: Pg.35, American Tower ESG Report
✓ Does the company have policies and programs in place to actively recruit female candidates?
“DEI Recruiting, Onboarding and Development Our recruiting efforts include strategies to build diverse candidate pipelines and promote a culture that supports a diverse team of global employees. Many of our markets have set diversity recruiting goals, including increasing the representation of women candidates for open roles.” Ref: Pg.34, American Tower ESG Report
✘ Does the company have policies and programs in place to actively recruit diverse candidates?
“DEI Recruiting, Onboarding and Development Our recruiting efforts include strategies to build diverse candidate pipelines and promote a culture that supports a diverse team of global employees. Many of our markets have set diversity recruiting goals, including increasing the representation of women candidates for open roles.” Ref: Pg.34, American Tower ESG Report
Work-Life Balance
✓ Does the company demonstrate a commitment to providing support and/or time off for women with children?
“Additional benefits: Childcare resources” Ref: American Tower Job Benefits
✓ Does the company provide child care support for employees?
“Additional benefits: Childcare resources” Ref: American Tower Job Benefits
✘ Does the company offer subsidized child care?
Information regarding this criterion was unavailable or incomplete.
✓ Does the company offer paid maternity leave for birthing parents?
“Parental Leave: Eligible mothers and fathers receive eight weeks paid time off at 100 percent of pay following the birth or adoption of a child. Birth mothers receive an additional six or eight weeks paid disability leave.” American Tower Job Benefits
✓ Does the company provide paid parental leave that extends beyond birthing parents to include surrogacy, adoption, and paternity leave?
“Parental Leave: Eligible mothers and fathers receive eight weeks paid time off at 100 percent of pay following the birth or adoption of a child. Birth mothers receive an additional six or eight weeks paid disability leave.” American Tower Job Benefits
✓ Does the company demonstrate a commitment to supporting the health benefits of its female employees?
“To encourage healthy lifestyles and improved wellbeing, many of our markets offer wellness programs that include initiatives to promote strong mental and physical health.” Ref: pg.32, American Tower ESG Report
✓ Does the company offer women-specific health benefits for female employees?
Information related to this criterion could not be found.
Workplace Standards
✓ Does the company have a policy listing prohibited behaviors, such as harassment and retaliation?
“Prohibit the harassment of or discrimination against any employee by a co-worker, supervisor, customer or other individual” Ref: American Tower EEO Practices
✓ Does the company mandate all employees to undergo harassment and discrimination training?
“Conduct upon hire and receive specific training on key aspects, such as anti-harassment and anti discrimination, confidentiality, insider trading and information security. All employees and Board members must review and certify to understanding and complying with the Code of Conduct annually. Compliance with the Code of Conduct and related policies is mandatory, and completion of related training is required.” Ref: pg.17, American Tower ESG Report
✘ Does the company have a defined harassment policy that includes promptly addressing reported incidents?
Information regarding this criterion was unavailable or incomplete.
Stakeholder Engagement
✓ Does the company demonstrate a commitment to helping external stakeholders address gender equality issues?
“Grow and Maintain a Healthy Cultural Foundation Create a global community that is inclusive, equitable and diverse, within both American Tower and the communities we serve.” Ref: pg.4, American Tower ESG Report
✓ Does the company offer and support initiatives that promote gender equality in the community?
“The Company also recognizes the importance of supporting female empowerment from the ground up through partnerships formed with organizations such as the Wireless Infrastructure Association and WE Evolution to make higher representation possible. In addition, through its Digital Communities program, the Company specifically seeks to enter strategic partnerships with organizations that empower women and children.” Ref: American Tower Community Engagement (Website)
✓ Does the company demonstrate a commitment to helping internal stakeholders/employees address gender equality issues?
“At American Tower, we are committed to creating a culture that values DEI throughout all aspects of our business. Our inclusive philosophy guides how we interact with each other, hire and manage our people, and serve our customers. We recognize a diverse workforce fosters innovation and contributes to organizational growth and business performance. The Company’s commitment to DEI is reinforced through our Diversity Statement, our CEO’s Action for Diversity and Inclusion pledge, and the ongoing efforts of our regional DEI Councils, where members work with our Chief DEI Officer and other Company leaders to identify and prioritize DEI strategies, influence programs and policies, provide feedback and create accountability.” Ref: pg. 33, American Tower ESG Report
✓ Does the company offer equity-focused trainings, speaker programs, or events for employees?
“DEI-related training is an integral component of our employee onboarding and continuing education programs. In 2022, our employees completed over 12,600 hours of DEI training. All new employees are required to complete our Diversity at American Tower training within 30 days of joining the Company.” Ref: pg. 34, American Tower ESG Report