Climate Change Data

Liberty Latin America

Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not yet material
Total Energy Consumption:576,606 GJ (Data Centers and Tech Sites only)
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment
  • Social Change
  • Corporate Governance

Environmental Achievements

  • Launched reforestation projects in various locations (Barbados, Panama, Puerto Rico)
  • Implemented recycling campaigns (VTR)
  • Partnered with organizations for beach cleanups (Puerto Rico)

Social Achievements

  • Launched Project ‘Rise’ (or ‘Avanza’ in Spanish) in Panama providing affordable smartphones to vulnerable populations.
  • Provided relief efforts (US$55,000) after hurricanes Eta and Iota, including food distribution.
  • Established a COVID-19 Employee Assistance Fund (US$425,000 raised)
  • Implemented parental leave policy (8 weeks paid leave for all new parents, 16 for birth parents)
  • Implemented flexible work framework
  • Implemented flexible paid time off policy

Governance Achievements

  • Implemented refreshed Data Security Policies and awareness campaign.
  • Appointed a Chief Information Security Officer.
  • Implemented enterprise-wide policies to emphasize data safeguarding.
  • Regularly monitored cybersecurity performance of suppliers.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase percentage of renewable energy and set internal goals to achieve this.
Short-term Goals:
  • Develop use of renewable energy and identify projects to support conversion to renewable energy sources.

Environmental Challenges

  • Increased demand for bandwidth and speed due to COVID-19.
  • Need to adapt to the impact of the pandemic and ensure employee and customer safety.
  • Challenges in providing uninterrupted service during natural disasters.
Mitigation Strategies
  • Invested in fixed and mobile networks and expanded capacity.
  • Launched virtual stores and assisted self-installations.
  • Provided PPE and sanitation supplies to frontline employees.
  • Activated Business Continuity processes and Regional Crisis Management Team.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB Telecommunications Services Standard

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • 2017 and 2019 Reconocimiento Generació Empresaria (VTR)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:233,454 Metric Tons CO2eq (Scope 1 & 2)
Scope 1 Emissions:11,428 tCO2e
Scope 2 Emissions:222,026 tCO2e
Renewable Energy Share:25%
Total Energy Consumption:1,893,735 GJ

ESG Focus Areas

  • Environment
  • Social Change
  • Governance

Environmental Achievements

  • Continued to expand investment in renewable energy infrastructure with projects in the Caribbean and Panama.
  • Gathering energy consumption data across all operational divisions to establish a baseline for emissions reduction targets.
  • Initiated a project in Costa Rica to test Science-Based Targets (SBTis) for emissions reduction in line with the Paris Agreement goals.

Social Achievements

  • Launched a global Gender-Based Violence (GBV) policy.
  • Donated $180,000 to non-profit organizations in Puerto Rico and the U.S. Virgin Islands to combat GBV.
  • Launched a global program to combat Gender-Based Violence.
  • Launched Pride at Liberty Latin America employee resource group (ERG).

Governance Achievements

  • Implemented a group-wide online training platform for compliance training across all markets.
  • Launched new anti-corruption policies and training program.
  • Board amended corporate governance guidelines to consider diversity in director nominations.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (timeline not specified)
Medium-term Goals:
  • Reduce Scope 1 and Scope 2 GHG emissions by 30% by 2027 in Costa Rica (from 2021 baseline).
  • Reduce Scope 3 GHG emissions per Operating profit unit by 35% by 2027 in Costa Rica (from 2021 baseline).
Short-term Goals:
  • Invest in electricity efficiency and assess vehicle fleets.

Environmental Challenges

  • High energy consumption due to the electricity-intensive nature of the telecommunications industry and reliance on carbon-intensive grids.
  • Scope 3 emissions representing a significant portion of the total carbon footprint.
  • Natural disasters impacting network reliability and resilience.
Mitigation Strategies
  • Investing in electricity efficiency (network usage, better isolation to reduce cooling needs).
  • Assessing vehicle fleets and launching targeted fleet transformation projects.
  • Expanding reporting capabilities to identify and disclose Scope 3 emissions.
  • Exploring green financing options for sustainable projects.
  • Maintaining business continuity plans and crisis management processes.

Supply Chain Management

Responsible Procurement
  • Business Partner Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Hurricanes, earthquakes, and other natural disasters
Opportunities
  • Transitioning to renewable energy sources

Reporting Standards

Frameworks Used: SASB

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:397,461 Metric Tons CO2eq (Scope 1-2 and Scope 3 for Costa Rica, Jamaica, Panama, and Puerto Rico)
Scope 1 Emissions:20,598 Metric Tons CO2eq
Scope 2 Emissions:176,155 Metric Tons CO2eq (location-based)
Scope 3 Emissions:199,708 Metric Tons CO2eq (Costa Rica, Jamaica, Panama, and Puerto Rico)
Renewable Energy Share:31%
Total Energy Consumption:1,681,204 GJ
Waste Generated:Close to 3,000 metric tons since 2018

ESG Focus Areas

  • Environment
  • Social Impact
  • Governance

Environmental Achievements

  • Reduced Scope 1-2 emissions from 202,045 Metric Tons CO2eq to 196,753 Metric Tons CO2eq (location-based), representing a decrease. Implemented renewable electricity initiatives in Panama and Puerto Rico, resulting in a 6% lower market-based Scope 2 emissions footprint compared to location-based in 2022.
  • Recovered and refurbished customer premises equipment (CPE) and reinserted them into the supply chain through a reverse logistics program.
  • Partnered with 3Cycles to responsibly dispose of close to 3,000 metric tons of waste since 2018.

Social Achievements

  • Launched a global education and advocacy campaign for Safer Internet Day.
  • Partnered with the United Nations Foundation's WithHer Fund to combat Gender-Based Violence.
  • Launched the Future Tech Stars initiative to empower women in technology.
  • Launched ELLAS, an Employee Resource Group (ERG) supporting gender equality.
  • Over 1,700 employees contributed over 7,000 volunteer hours during Mission Week.

Governance Achievements

  • Increased the independence and diversity on the Board of Directors.
  • Amended corporate governance guidelines to consider diversity in Board nominations.
  • Over 96% of employees completed Code of Conduct training.

Climate Goals & Targets

Medium-term Goals:
  • Set science-based emissions reduction targets.
Short-term Goals:
  • Expand GHG emissions coverage to achieve a comprehensive understanding of group-level Scope 3 emissions.
  • Improve data quality for GHG emissions calculations.

Environmental Challenges

  • Data limitations in GHG emissions calculations.
  • Operational changes impacting energy efficiency.
  • Supply chain disruptions due to natural disasters.
  • Maintaining network reliability and resilience during natural disasters.
Mitigation Strategies
  • Continued expansion of GHG emissions assessment to improve data accuracy.
  • Investment in on-site renewable energy production facilities.
  • Increasing the share of renewable energy contracted by operations.
  • Business Continuity program focused on promoting business continuity principles, guidelines, and standards.
  • Shifting from Copper to Hybrid Fiber-Coaxial cable and FTTH to improve network reliability and resilience.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Natural disasters (hurricanes, earthquakes)
Opportunities
  • Development of energy-efficient products and infrastructure

Reporting Standards

Frameworks Used: SASB

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 10 (Reduced Inequalities)
  • Goal 13 (Climate Action)
  • Goal 5 (Gender Equality)

The report details how various initiatives contribute to these goals.

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:398,409 Metric Tons CO2eq (Scope 1-2 and Scope 3 for Costa Rica, Jamaica, Panama, and Puerto Rico)
Scope 1 Emissions:24,928 Metric Tons CO2eq
Scope 2 Emissions:153,417 Metric Tons CO2eq (location-based)
Scope 3 Emissions:220,063 Metric Tons CO2eq (Costa Rica, Jamaica, Panama, and Puerto Rico)
Renewable Energy Share:27%
Total Energy Consumption:1,524,500 GJ
Waste Generated:1,035,223 lbs recycled

ESG Focus Areas

  • Environment
  • Social Impact
  • Corporate Governance

Environmental Achievements

  • Reduced Scope 1-2 emissions from 200,000 Metric Tons CO2eq in 2022 to 178,346 Metric Tons CO2eq in 2023 (location-based).
  • Recycled 1,035,223 lbs of materials in 2023.
  • Eliminated 363 tons of CO2 through waste reduction initiatives.

Social Achievements

  • Achieved a +20 employee net promoter score (eNPS).
  • Launched JUMP program to bridge the digital divide in the Caribbean.
  • Over 1,300 employees volunteered over 7,800 hours during Mission Week.

Governance Achievements

  • 99% of target audience completed anti-corruption training.
  • Established a robust IT security and cybersecurity posture.
  • Engaged an independent cyber consultant to advise the Audit Committee.

Climate Goals & Targets

Medium-term Goals:
  • Increase efficiency, decrease grid power, and increase renewable energy share in operations.
Short-term Goals:
  • Improve GHG inventory process and data gathering; set science-based emissions reduction targets.

Environmental Challenges

  • Telecommunications is an energy-intensive industry.
  • Scope 3 emissions increased by 10% in 2023, primarily due to increased data coverage.
  • Maintaining network security and reliability in disaster-prone regions.
Mitigation Strategies
  • Investing in state-of-the-art facilities and renewable energy.
  • Improving GHG inventory process and data gathering.
  • Implementing stringent security measures and disaster response planning.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

UN Sustainable Development Goals

  • Goal 9
  • Goal 4
  • Goal 12
  • Goal 13
  • Goal 10
  • Goal 5
  • Goal 8
  • Goal 16

Alignment of ESG pillars with various UN SDGs.

Awards & Recognition

  • Recognition by LatinFinance and Environmental Finance for Sustainability-Linked Bond in Costa Rica