AT&T

T
4.2
Companies list

Public Statements Risk

3

AT&T is one of the biggest telecommunications companies in the nation, although company CEO John Stankey appears to keep a low profile. Recently, the company faced backlash for eliminating thousands of jobs. AT&T's shareholders also forced the company to release a Political Congruency Report, detailing who the company has contributed to and how those officials aligned with the company's stated values. This document, while extremely transparent for an S&P 500 company, will continue to generate conversations about corporate influence in politics. It is unknown whether this will act as an asset or liability for the brand.

Political Contributions Risk

5

One of the biggest corporate contributors to politics across all sectors; by far the largest contributor in the utilities sector. Contributions favor Republicans over Democrats at a 3:2 ratio, which aligns with the sector. The company received press over its PAC's contributions to candidates who denied the legitimacy of the 2020 election.

Political Dichotomy Risk

4

AT&T faces substantial political dichotomy risk given the magnitude of contributions, and boycott risk due to the skew of contributions to the Right. Wireless service is highly substitutable, but accounted for 50% of the firm's consolidated operating revenues in the most recent 10-K. The 10-K mentions DEI and ESG. Climate change is mentioned as a business risk in the 10-K. As stated in the Public Statements section, it is unclear what the controversy outcome of the firm's Political Congruency will be. As it stands, the firm is large, politically active, identifiably partisan, and slightly insulated by the variety of plans for its mobile services, often bundled with smartphones or otherwise made difficult to switch away from.

Associational Risk

4

When subsidiary Direct TV dropped conservative news network Newsmax, many conservative politicians denounced the company, including Trump and DeSantis. This rift is an associational risk, despite the fact that the company and its senior employees have donated heavily to the Republican party, including being one of the largest donors last December to DeSantis' PAC.

Brand Visibility Risk

5

AT&T is a household name. Company has a high search volume. Company is regularly in the news.

Political Hazard (pH) Ratings Explained

A corporation’s Political Hazard Rating, or pH rating, is an overall assessment of the corporation’s likelihood of facing a material consumer boycott or investor backlash from a controversy caused by the company’s or its executives’ political activities and proclivities. The pH ratings range from 1 to 5, with a higher rating correlating with higher risk. The categories below are the components considered when setting a company’s pH rating.

Public Statements Risk

Rates the corporation based on its executives’ and the corporations’ own prior public political statements, including their frequency and whether they have tended to be, or actually have been, controversial or high-profile.

Political Dichotomy Risk

Rates the corporation based on the dichotomy, if any, between the executives’ and/or corporations’ own prior political contributions or statements and the likely political leaning of the corporation’s consumer base.

Political Contributions Risk

Rates the corporation based on the magnitude of the executives’ and/or corporations’ total political contributions to politicians and PACs, benchmarked to sector, and the weighted nature of those contributions as between political parties.

Associational Risk

Rates the corporation based on its executives’ and/or the corporation’s own prior political contributions and/or public association with particularly controversial people or high-profile politicians or PACs.

Brand Visibility Risk

Rates the corporation's risk relative to sector with higher risk being associated with higher brand visibility

AT&T

T
4.2
Companies list

Public Statements Risk

3

AT&T is one of the biggest telecommunications companies in the nation, although company CEO John Stankey appears to keep a low profile. Recently, the company faced backlash for eliminating thousands of jobs. AT&T's shareholders also forced the company to release a Political Congruency Report, detailing who the company has contributed to and how those officials aligned with the company's stated values. This document, while extremely transparent for an S&P 500 company, will continue to generate conversations about corporate influence in politics. It is unknown whether this will act as an asset or liability for the brand.

Political Contributions Risk

5

One of the biggest corporate contributors to politics across all sectors; by far the largest contributor in the utilities sector. Contributions favor Republicans over Democrats at a 3:2 ratio, which aligns with the sector. The company received press over its PAC's contributions to candidates who denied the legitimacy of the 2020 election.

Political Dichotomy Risk

4

AT&T faces substantial political dichotomy risk given the magnitude of contributions, and boycott risk due to the skew of contributions to the Right. Wireless service is highly substitutable, but accounted for 50% of the firm's consolidated operating revenues in the most recent 10-K. The 10-K mentions DEI and ESG. Climate change is mentioned as a business risk in the 10-K. As stated in the Public Statements section, it is unclear what the controversy outcome of the firm's Political Congruency will be. As it stands, the firm is large, politically active, identifiably partisan, and slightly insulated by the variety of plans for its mobile services, often bundled with smartphones or otherwise made difficult to switch away from.

Associational Risk

4

When subsidiary Direct TV dropped conservative news network Newsmax, many conservative politicians denounced the company, including Trump and DeSantis. This rift is an associational risk, despite the fact that the company and its senior employees have donated heavily to the Republican party, including being one of the largest donors last December to DeSantis' PAC.

Brand Visibility Risk

5

AT&T is a household name. Company has a high search volume. Company is regularly in the news.

Political Hazard (pH) Ratings Explained

A corporation’s Political Hazard Rating, or pH rating, is an overall assessment of the corporation’s likelihood of facing a material consumer boycott or investor backlash from a controversy caused by the company’s or its executives’ political activities and proclivities. The pH ratings range from 1 to 5, with a higher rating correlating with higher risk. The categories below are the components considered when setting a company’s pH rating.

Public Statements Risk

Rates the corporation based on its executives’ and the corporations’ own prior public political statements, including their frequency and whether they have tended to be, or actually have been, controversial or high-profile.

Political Dichotomy Risk

Rates the corporation based on the dichotomy, if any, between the executives’ and/or corporations’ own prior political contributions or statements and the likely political leaning of the corporation’s consumer base.

Political Contributions Risk

Rates the corporation based on the magnitude of the executives’ and/or corporations’ total political contributions to politicians and PACs, benchmarked to sector, and the weighted nature of those contributions as between political parties.

Associational Risk

Rates the corporation based on its executives’ and/or the corporation’s own prior political contributions and/or public association with particularly controversial people or high-profile politicians or PACs.

Brand Visibility Risk

Rates the corporation's risk relative to sector with higher risk being associated with higher brand visibility

AT&T

T
4.2
Companies list

Public Statements Risk

3

AT&T is one of the biggest telecommunications companies in the nation, although company CEO John Stankey appears to keep a low profile. Recently, the company faced backlash for eliminating thousands of jobs. AT&T's shareholders also forced the company to release a Political Congruency Report, detailing who the company has contributed to and how those officials aligned with the company's stated values. This document, while extremely transparent for an S&P 500 company, will continue to generate conversations about corporate influence in politics. It is unknown whether this will act as an asset or liability for the brand.

Political Contributions Risk

5

One of the biggest corporate contributors to politics across all sectors; by far the largest contributor in the utilities sector. Contributions favor Republicans over Democrats at a 3:2 ratio, which aligns with the sector. The company received press over its PAC's contributions to candidates who denied the legitimacy of the 2020 election.

Political Dichotomy Risk

4

AT&T faces substantial political dichotomy risk given the magnitude of contributions, and boycott risk due to the skew of contributions to the Right. Wireless service is highly substitutable, but accounted for 50% of the firm's consolidated operating revenues in the most recent 10-K. The 10-K mentions DEI and ESG. Climate change is mentioned as a business risk in the 10-K. As stated in the Public Statements section, it is unclear what the controversy outcome of the firm's Political Congruency will be. As it stands, the firm is large, politically active, identifiably partisan, and slightly insulated by the variety of plans for its mobile services, often bundled with smartphones or otherwise made difficult to switch away from.

Associational Risk

4

When subsidiary Direct TV dropped conservative news network Newsmax, many conservative politicians denounced the company, including Trump and DeSantis. This rift is an associational risk, despite the fact that the company and its senior employees have donated heavily to the Republican party, including being one of the largest donors last December to DeSantis' PAC.

Brand Visibility Risk

5

AT&T is a household name. Company has a high search volume. Company is regularly in the news.

Political Hazard (pH) Ratings Explained

A corporation’s Political Hazard Rating, or pH rating, is an overall assessment of the corporation’s likelihood of facing a material consumer boycott or investor backlash from a controversy caused by the company’s or its executives’ political activities and proclivities. The pH ratings range from 1 to 5, with a higher rating correlating with higher risk. The categories below are the components considered when setting a company’s pH rating.

Public Statements Risk

Rates the corporation based on its executives’ and the corporations’ own prior public political statements, including their frequency and whether they have tended to be, or actually have been, controversial or high-profile.

Political Dichotomy Risk

Rates the corporation based on the dichotomy, if any, between the executives’ and/or corporations’ own prior political contributions or statements and the likely political leaning of the corporation’s consumer base.

Political Contributions Risk

Rates the corporation based on the magnitude of the executives’ and/or corporations’ total political contributions to politicians and PACs, benchmarked to sector, and the weighted nature of those contributions as between political parties.

Associational Risk

Rates the corporation based on its executives’ and/or the corporation’s own prior political contributions and/or public association with particularly controversial people or high-profile politicians or PACs.

Brand Visibility Risk

Rates the corporation's risk relative to sector with higher risk being associated with higher brand visibility

AT&T

T
4.2
Companies list

Public Statements Risk

3

AT&T is one of the biggest telecommunications companies in the nation, although company CEO John Stankey appears to keep a low profile. Recently, the company faced backlash for eliminating thousands of jobs. AT&T's shareholders also forced the company to release a Political Congruency Report, detailing who the company has contributed to and how those officials aligned with the company's stated values. This document, while extremely transparent for an S&P 500 company, will continue to generate conversations about corporate influence in politics. It is unknown whether this will act as an asset or liability for the brand.

Political Contributions Risk

5

One of the biggest corporate contributors to politics across all sectors; by far the largest contributor in the utilities sector. Contributions favor Republicans over Democrats at a 3:2 ratio, which aligns with the sector. The company received press over its PAC's contributions to candidates who denied the legitimacy of the 2020 election.

Political Dichotomy Risk

4

AT&T faces substantial political dichotomy risk given the magnitude of contributions, and boycott risk due to the skew of contributions to the Right. Wireless service is highly substitutable, but accounted for 50% of the firm's consolidated operating revenues in the most recent 10-K. The 10-K mentions DEI and ESG. Climate change is mentioned as a business risk in the 10-K. As stated in the Public Statements section, it is unclear what the controversy outcome of the firm's Political Congruency will be. As it stands, the firm is large, politically active, identifiably partisan, and slightly insulated by the variety of plans for its mobile services, often bundled with smartphones or otherwise made difficult to switch away from.

Associational Risk

4

When subsidiary Direct TV dropped conservative news network Newsmax, many conservative politicians denounced the company, including Trump and DeSantis. This rift is an associational risk, despite the fact that the company and its senior employees have donated heavily to the Republican party, including being one of the largest donors last December to DeSantis' PAC.

Brand Visibility Risk

5

AT&T is a household name. Company has a high search volume. Company is regularly in the news.

Political Hazard (pH) Ratings Explained

A corporation’s Political Hazard Rating, or pH rating, is an overall assessment of the corporation’s likelihood of facing a material consumer boycott or investor backlash from a controversy caused by the company’s or its executives’ political activities and proclivities. The pH ratings range from 1 to 5, with a higher rating correlating with higher risk. The categories below are the components considered when setting a company’s pH rating.

Public Statements Risk

Rates the corporation based on its executives’ and the corporations’ own prior public political statements, including their frequency and whether they have tended to be, or actually have been, controversial or high-profile.

Political Dichotomy Risk

Rates the corporation based on the dichotomy, if any, between the executives’ and/or corporations’ own prior political contributions or statements and the likely political leaning of the corporation’s consumer base.

Political Contributions Risk

Rates the corporation based on the magnitude of the executives’ and/or corporations’ total political contributions to politicians and PACs, benchmarked to sector, and the weighted nature of those contributions as between political parties.

Associational Risk

Rates the corporation based on its executives’ and/or the corporation’s own prior political contributions and/or public association with particularly controversial people or high-profile politicians or PACs.

Brand Visibility Risk

Rates the corporation's risk relative to sector with higher risk being associated with higher brand visibility

AT&T

T
4.2
Companies list

Public Statements Risk

3

AT&T is one of the biggest telecommunications companies in the nation, although company CEO John Stankey appears to keep a low profile. Recently, the company faced backlash for eliminating thousands of jobs. AT&T's shareholders also forced the company to release a Political Congruency Report, detailing who the company has contributed to and how those officials aligned with the company's stated values. This document, while extremely transparent for an S&P 500 company, will continue to generate conversations about corporate influence in politics. It is unknown whether this will act as an asset or liability for the brand.

Political Contributions Risk

5

One of the biggest corporate contributors to politics across all sectors; by far the largest contributor in the utilities sector. Contributions favor Republicans over Democrats at a 3:2 ratio, which aligns with the sector. The company received press over its PAC's contributions to candidates who denied the legitimacy of the 2020 election.

Political Dichotomy Risk

4

AT&T faces substantial political dichotomy risk given the magnitude of contributions, and boycott risk due to the skew of contributions to the Right. Wireless service is highly substitutable, but accounted for 50% of the firm's consolidated operating revenues in the most recent 10-K. The 10-K mentions DEI and ESG. Climate change is mentioned as a business risk in the 10-K. As stated in the Public Statements section, it is unclear what the controversy outcome of the firm's Political Congruency will be. As it stands, the firm is large, politically active, identifiably partisan, and slightly insulated by the variety of plans for its mobile services, often bundled with smartphones or otherwise made difficult to switch away from.

Associational Risk

4

When subsidiary Direct TV dropped conservative news network Newsmax, many conservative politicians denounced the company, including Trump and DeSantis. This rift is an associational risk, despite the fact that the company and its senior employees have donated heavily to the Republican party, including being one of the largest donors last December to DeSantis' PAC.

Brand Visibility Risk

5

AT&T is a household name. Company has a high search volume. Company is regularly in the news.

Political Hazard (pH) Ratings Explained

A corporation’s Political Hazard Rating, or pH rating, is an overall assessment of the corporation’s likelihood of facing a material consumer boycott or investor backlash from a controversy caused by the company’s or its executives’ political activities and proclivities. The pH ratings range from 1 to 5, with a higher rating correlating with higher risk. The categories below are the components considered when setting a company’s pH rating.

Public Statements Risk

Rates the corporation based on its executives’ and the corporations’ own prior public political statements, including their frequency and whether they have tended to be, or actually have been, controversial or high-profile.

Political Dichotomy Risk

Rates the corporation based on the dichotomy, if any, between the executives’ and/or corporations’ own prior political contributions or statements and the likely political leaning of the corporation’s consumer base.

Political Contributions Risk

Rates the corporation based on the magnitude of the executives’ and/or corporations’ total political contributions to politicians and PACs, benchmarked to sector, and the weighted nature of those contributions as between political parties.

Associational Risk

Rates the corporation based on its executives’ and/or the corporation’s own prior political contributions and/or public association with particularly controversial people or high-profile politicians or PACs.

Brand Visibility Risk

Rates the corporation's risk relative to sector with higher risk being associated with higher brand visibility

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“As a political data company, we are uniquely positioned to measure a company’s pH.” Abigail Wuest, CEO