Press Release

Consolidated Communications Releases 2023 Environmental, Social and Governance Report

MATTOON, Ill.–(BUSINESS WIRE)–Consolidated Communications (NASDAQ: CNSL), a leading fiber provider, today published its 2023 Environmental, Social and Governance (ESG) Report. The report details Consolidatedโ€™s ongoing efforts to enhance sustainable and responsible business and operational practices throughout 2023.


โ€œWe are building a more sustainable business that continues to enrich the communities we serve through ongoing fiber expansion, community investments and continuing to run an ethical, transparent business,โ€ said Bob Udell, president and chief executive office of Consolidated. โ€œAs a fiber-first company, our ESG goals are aligned with our company mission and values. Iโ€™m proud of the work Consolidated employees put in every day to continue to take care of our communities, our environment and each other.โ€

The recent report, available at consolidated.com/esg, highlights the companyโ€™s ongoing progress in protecting the planet, investing in communities and maintaining a strong, sustainable business for its customers, employees, business partners and investors. The 2023 report highlights include:

  • $512 million in capital expenditures in 2023 to deliver better broadband services to homes and businesses across rural communities.
  • Building 228,000 new fiber locations in 2023, creating a more sustainable and future-proof network.
  • Consolidated increased its use of renewable energy by 90 basis points.
  • The company reported improvements in both Scope1 and Scope 2 greenhouse gas emissions.
  • More than $1.6 million contributed to more than 625 community organizations.
  • Consolidated hosted the 40th Special Olympics Family Festival, bringing together more than 22,000 athletes and 44,000 volunteers since 1984.
  • Employees reported more than 8,700 volunteer hours, and the company awarded 56 Consolidated Cares contributions on behalf of our employeesโ€™ volunteering.
  • The Diversity, Equity and Inclusion Council launched Employee Resource Group pilots, a DEI-centered book club, and published educational resources for all employees.
  • Employees completed more than 29,000 modules of safety, compliance and service training.

About Consolidated Communications

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) is dedicated to moving people, businesses and communities forward by delivering the most reliable fiber communications solutions. Consumers, businesses and wireless and wireline carriers depend on Consolidated for a wide range of high-speed internet, data, phone, security, cloud and wholesale carrier solutions. With a network spanning more than 60,000 fiber route miles, Consolidated is a top 10 U.S. fiber provider, turning technology into solutions that are backed by exceptional customer support.

Contacts

Nicole Elton, Consolidated Communications

510-316-1430, [email protected]

Jennifer Spaude, Consolidated Communications

507-386-3765, [email protected]

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