Lumos Fiber
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Data Security
- Customer Privacy
- Local Community Engagement
- Diversity and Equal Opportunity
- Energy Management
- Waste Management
- Emissions
Environmental Achievements
- Secured renewable energy certificates (RECs) to offset non-renewable energy consumption
- Increased percentage of customers receiving electronic bills (from 23% in 2022 to 45% in 2023)
- Fiber technology is more energy efficient compared to copper wires, requiring fewer materials and lasting longer.
Social Achievements
- Passed 114,612 new addresses, with 3,245 in underserved communities
- Laid 1,617 miles of fiber, enabling service for 114,612 new residences and businesses
- Awarded approximately $7 million in public grants and funding
- Hosted six interns from local communities
- Recognized as a recipient of the 2023 Top Virginia Employers for Interns Awards
- Provided high-speed internet service to over 900 students through the “Borderless Classroom” Pilot in Guilford County Schools ($3.5M in funding secured)
- Awarded a $1,500 grant to Invenire, a student entrepreneur company
Governance Achievements
- Secured a $1.1B sustainability-linked infrastructure financing
- Established a DEIB Group that reviewed and recommended training, evaluated employee engagement events, and planned for annual transitions
- Introduced new DEIB training initiatives, with over 70% of the workforce completing the training in 2023
- Ensured all job postings were available across diversity-targeted job boards, resulting in over 11,000 views and 635 applications
- Refined employee code of conduct to include a whistleblower hotline and anti-corruption training
Climate Goals & Targets
Medium-term Goals:
- Reach 1 million new households with 100% Fiber Optic Internet by 2026
- Build 18,000 more miles of fiber by 2026
Short-term Goals:
- Pass ~125,000 new homes in 2024
- Complete conversion of copper network to 100% fiber optic internet by 2026 (95% complete at end of 2023)
Environmental Challenges
- Bridging the digital divide
- Addressing data security and customer privacy concerns
Mitigation Strategies
- Investing in expanding internet access to underserved communities through partnerships and grants
- Utilizing the latest technology to ensure customer data security and privacy, including network segmentation and regular penetration tests
- Employing in-house and external data security specialists
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- 2023 Top Virginia Employers for Interns Awards