Crown Castle released its 2024 Sustainability Report, highlighting improved safety, climate resilience, and governance practices.
Quiver AI Summary
Crown Castle Inc. has announced the release of its 2024 Sustainability Report and updates to its sustainability website, emphasizing its commitment to long-term stakeholder value through efficient asset utilization and reduced environmental impact. Interim CEO Dan Schlanger highlighted the company's strategy to minimize ecological and operational risks while enhancing stakeholder value within the US market. The report showcases Crown Castle's strong safety performance, with a Total Recordable Incident Rate significantly below industry averages, and progress toward becoming carbon neutral in Scope 1 and 2 emissions by 2025. Additionally, the company has made substantial strides in renewable energy sourcing and energy-efficient upgrades. Recent governance improvements include new stockholder rights and voting procedures. Crown Castle operates a vast infrastructure portfolio, crucial for connecting communities across the US.
Potential Positives
- Crown Castle's 2024 Sustainability Report highlights a significant focus on environmental responsibility, with 93% of its annual electricity sourced from renewable energy contracts and a goal of carbon neutrality in Scope 1 and 2 emissions for 2025.
- The company's total recordable incident rate (TRIR) is five times lower than the US average, emphasizing its commitment to workplace safety and operational excellence.
- Implementation of improved governance practices, including stockholder rights to call special meetings and prohibiting stock pledging by directors, enhances transparency and shareholder confidence.
- The announcement of its tower portfolio's resilience to physical climate risks under various emissions scenarios suggests strong future financial stability, bolstering investor trust in the company's long-term viability.
Potential Negatives
- The mention of forward-looking statements implies uncertainty and potential volatility in achieving the company's sustainability goals, which may impact investor confidence.
- The reliance on a third-party climate scenario analysis suggests that the company may not have complete control over assessing climate risks, raising questions about the robustness of its risk management practices.
- Despite progress toward carbon neutrality, the need for ongoing efforts may indicate that the company has not yet fully addressed its environmental impact, which could attract criticism from stakeholders focused on sustainability.
FAQ
What is the purpose of Crown Castle's 2024 Sustainability Report?
The report outlines Crown Castle's sustainability goals and initiatives, highlighting their commitment to stakeholder value and environmental impact.
How does Crown Castle aim to achieve carbon neutrality?
Crown Castle plans to achieve carbon neutrality in Scope 1 and 2 emissions by sourcing renewable energy and improving energy efficiency.
What is Crown Castle's Total Recordable Incident Rate for 2024?
Crown Castle's 2024 Total Recordable Incident Rate is five times lower than the US average, indicating a strong commitment to workplace safety.
Where can I find Crown Castle's sustainability information?
Crown Castle's sustainability information is available on their website at www.crowncastle.com/sustainability.
What infrastructure does Crown Castle operate in the U.S.?
Crown Castle owns and operates approximately 40,000 cell towers and 90,000 route miles of fiber across major U.S. markets.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CCI Congressional Stock Trading
Members of Congress have traded $CCI stock 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $CCI stock by members of Congress over the last 6 months:
- REPRESENTATIVE JEFFERSON SHREVE has traded it 2 times. They made 1 purchase worth up to $50,000 on 04/11 and 1 sale worth up to $50,000 on 05/12.
- REPRESENTATIVE BRUCE WESTERMAN has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/03 and 1 sale worth up to $15,000 on 04/21.
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 04/09.
- REPRESENTATIVE JULIE JOHNSON sold up to $15,000 on 04/01.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$CCI Insider Trading Activity
$CCI insiders have traded $CCI stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $CCI stock by insiders over the last 6 months:
- DANIEL K SCHLANGER (Interim President & CEO) has made 0 purchases and 2 sales selling 20,000 shares for an estimated $2,127,602.
- EDWARD B JR ADAMS (EVP and General Counsel) sold 8,000 shares for an estimated $850,960
- ROBERT SEAN COLLINS (Vice President and Controller) sold 3,600 shares for an estimated $384,192
- CHRISTOPHER LEVENDOS (EVP & COO - Fiber) sold 2,810 shares for an estimated $300,389
- KEVIN A STEPHENS purchased 380 shares for an estimated $39,242
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CCI Hedge Fund Activity
We have seen 496 institutional investors add shares of $CCI stock to their portfolio, and 580 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VANGUARD GROUP INC added 6,341,150 shares (+10.1%) to their portfolio in Q1 2025, for an estimated $660,938,064
- DEUTSCHE BANK AG\ added 2,072,198 shares (+60.9%) to their portfolio in Q1 2025, for an estimated $215,985,197
- COHEN & STEERS, INC. added 2,072,128 shares (+8.2%) to their portfolio in Q1 2025, for an estimated $215,977,901
- PRICE T ROWE ASSOCIATES INC /MD/ added 2,028,718 shares (+144.5%) to their portfolio in Q1 2025, for an estimated $211,453,277
- NATIONAL BANK OF CANADA /FI/ removed 1,797,913 shares (-31.0%) from their portfolio in Q1 2025, for an estimated $187,396,471
- NORDEA INVESTMENT MANAGEMENT AB removed 1,606,121 shares (-97.7%) from their portfolio in Q2 2025, for an estimated $164,996,810
- JPMORGAN CHASE & CO added 1,449,992 shares (+113.3%) to their portfolio in Q1 2025, for an estimated $151,132,666
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$CCI Analyst Ratings
Wall Street analysts have issued reports on $CCI in the last several months. We have seen 8 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 07/29/2025
- UBS issued a "Buy" rating on 07/25/2025
- Raymond James issued a "Strong Buy" rating on 07/24/2025
- JMP Securities issued a "Market Outperform" rating on 07/24/2025
- Keybanc issued a "Overweight" rating on 07/24/2025
- Wells Fargo issued a "Overweight" rating on 07/24/2025
- Citigroup issued a "Buy" rating on 05/05/2025
To track analyst ratings and price targets for $CCI, check out Quiver Quantitative's $CCI forecast page.
$CCI Price Targets
Multiple analysts have issued price targets for $CCI recently. We have seen 13 analysts offer price targets for $CCI in the last 6 months, with a median target of $122.0.
Here are some recent targets:
- Brendan Lynch from Barclays set a target price of $121.0 on 07/29/2025
- Maher Yaghi from Scotiabank set a target price of $114.0 on 07/25/2025
- Batya Levi from UBS set a target price of $127.0 on 07/25/2025
- Ric Prentiss from Raymond James set a target price of $124.0 on 07/24/2025
- Greg Miller from JMP Securities set a target price of $125.0 on 07/24/2025
- Brandon Nispel from Keybanc set a target price of $125.0 on 07/24/2025
- Philip Cusick from JP Morgan set a target price of $120.0 on 07/24/2025
Full Release
HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) -- Crown Castle Inc. (NYSE: CCI) ("Crown Castle" or the "Company") announced today the release of its 2024 Sustainability Report and updates to its sustainability website, which can be found at www.crowncastle.com/sustainability .
"The primary driver behind our decision-making is creating long-term value for our stakeholders. A core tenet of our business model is to utilize our existing assets as many times as possible to generate the highest returns on our investments. Our focus on maximizing the value of already-existing assets also leads to reduced costs for our customers and reduced impact on the environment and the communities in which we operate," stated Dan Schlanger, Crown Castle's Interim Chief Executive Officer. "And with our exclusive focus on the US market, we aim to minimize ecological, social and operational risks while pursuing opportunities to create stakeholder value."
CROWN CASTLE SUSTAINABILITY HIGHLIGHTS
- Crown Castle's commitment to fostering a safe working environment has resulted in a 2024 Total Recordable Incident Rate ("TRIR") that is 5 times lower than the US average, continuing its long-term trend of a TRIR well below both US and industry averages.
- As part of Crown Castle’s ongoing efforts to assess and manage climate-related risks, a third-party climate scenario analysis—aligned with the Task Force on Climate-Related Financial Disclosures (“TCFD”) framework—concluded that its tower portfolio is resilient to physical climate risks under four emissions scenarios, with financial impacts estimated to be minor.
- Crown Castle is over three-quarters of the way to achieving its goal of becoming carbon neutral in Scope 1 and 2 emissions for 2025. By the end of 2024, Crown Castle had sourced 93% of its annual electricity consumption under multiyear renewable energy contracts and converted lighting systems on approximately 63% of its lit towers to energy-efficient LED lighting.
- To further enhance its governance practices over the past year, Crown Castle implemented stockholder rights to call special meetings, adopted simple majority voting for charter and bylaw amendments, and prohibited stock pledging by directors and executives.
ABOUT CROWN CASTLE
Crown Castle owns, operates and leases approximately 40,000 cell towers and approximately 90,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This nationwide portfolio of communications infrastructure connects cities and communities to essential data, technology and wireless service – bringing information, ideas and innovations to the people and businesses that need them. For more information on Crown Castle, please visit
www.crowncastle.com
.
CAUTIONARY LANGUAGE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains forward-looking statements that are based on management's current expectations. Such statements include plans, commitments, projections, estimates and expectations regarding (1) our sustainability goals and initiatives, progress made with respect thereto and plans and efforts related thereto, (2) value-creation drivers, and (3) the resiliency of its portfolio of assets. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including prevailing market conditions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risks that could affect Crown Castle and its results is included in Crown Castle's filings with the Securities and Exchange Commission. The term "including," and any variation thereof, means "including, without limitation."
CONTACTS
Sunit Patel, CFO
Kris Hinson, VP & Treasurer
Crown Castle Inc.
713-570-3050