Crown Castle International REIT: Set carbon neutrality target by 2025

HOUSTON, 20 October 2021 (GLOBE NEWSLETTER) – Crown Castle International Corp. (NYSE: CCI) (“Crown Castle”) announced today that it has set a goal of being carbon neutral by 2025 for Scope 1 and 2 emissions through a combination of investments continued in initiatives to reduce energy consumption, supply renewable energy and, to a lesser extent, using carbon credits or offsets.

“Our strategy is to provide cost-effective solutions to connect communities and people, and our goal of carbon neutrality reinforces our commitment to deploy our strategy in a sustainable manner,” said brown jay, Crown Castle Chief Executive Officer. “Our business model is inherently sustainable, as shared infrastructure solutions limit the proliferation of infrastructure and minimize the use of natural resources. We are taking steps to improve our strong foundation, including proactive work to reduce our energy use and source renewable energy.

Crown Castle has one of the most extensive communications infrastructure portfolios in the United States. Its business model translates into a significantly smaller environmental footprint and low carbon intensity. Each of our shared infrastructure assets is designed to host multiple Crown Castle customers and support their operations, reducing the need for redundant infrastructure and environmental impact.

“We have made significant progress this year by including commitments to energy reduction and renewable energy initiatives in our credit facility and now targeting a carbon neutral future. As we work towards our goal, we will continue to work alongside many of our clients. and suppliers to report and reduce emissions across our entire value chain and align our goals with the Science-Based Target initiative, ”added Mr. Brown.

IN REGARDS TO CASTLE OF THE CROWN

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 miles of fiber route supporting small cell and fiber solutions in all major US markets. This national portfolio of communications infrastructure connects cities and communities to essential wireless data, technologies and services, bringing information, ideas and innovation to the people and businesses that need it. For more information on Crown Castle, please visit www.crowncastle.com.

CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements based on management’s current expectations. These statements include plans, commitments, projections, estimates and expectations regarding (1) our carbon neutral goal and related plans, (2) our strategy and business model, and the benefits resulting from it, (3) the benefits of our shared infrastructure assets, (4) reporting and reduction plans as it relates to our value chain, and (5) alignment of our goals with the Science-Based Target initiative . These forward-looking statements are subject to certain risks, uncertainties and assumptions, including prevailing market conditions. If one or more of these risks or uncertainties materialize, or if the underlying assumptions turn out to be inaccurate, actual results could differ materially from those expected. More information on the potential risks that could affect Crown Castle and its results are included in Crown Castle deposits with Security and Trade Commission. The term “including” and any variation thereof means “including, without limitation. “

CONTACTSDan Schlanger, CFOBen lowe, SVP & Treasurer
Crown Castle International Corp.
713-570-3050

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Source: Crown Castle International Corp.

2021 GlobeNewswire, Inc., source Press Releases

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