Sustainable Business Magazine Issue 108

Page 40

Q&A: LIBERTY LATIN AMERICA

LIBERTY LATIN AMERICA’S ANNUAL MISSION WEEK VOLUNTEER INITIATIVE, TRINIDAD 2020

LIBERTY LATIN AMERICA Could you introduce Liberty Latin America’s approach to ESG, and the impetus behind your inaugural annual report? At Liberty Latin America, we built our overall ESG programme around three pillars that guide us every day, and in every decision. The first of these pillars is developing sustainable and responsible business practices. We have committed our entire company to reducing our impact on the environment, reducing our energy usage, and developing renewable energy products in our markets to support our communities, such as in Barbados, where we have partnered with innovative solar companies to reduce our reliance on carbon emissions. Our second pillar is being a socially responsible company. In that respect, we support initiatives that have a positive impact on the communities we serve and help to foster a more inclusive culture. We view it as a top priority to provide children with the tools and connectivity they need for digital 40 | SUSTAINABLE BUSINESS MAGAZINE

learning, and we’ve spent significant time and resources to design platforms to support that – at low cost, and most of the time, at no cost to end-users. The final pillar is the strong ethical standards we seek to maintain across all our interactions. With stakeholders, but also with our customers, our staff, and with each other. This means conducting our business with honesty and integrity, according to the highest legal and ethical standards. It’s about being respectful to each other, and the people with whom we work.

C&W PANAMA EMPLOYEES PARTICIPATING IN A CLEAN UP IN COSTA DEL ESTE, PANAMA CITY 2017

How is the inaugural report aiding the pursuit of Liberty Latin America’s ESG goals? Our first report is all about setting a baseline for what we’re going to do in the future. We’ve outlined the aspects that we are going to test and measure ourselves against, and we will report on them on an annual basis. We chose to base our reporting framework around the internationally recognised SASB (Sustainability Accounting Standards Board), reporting against sector-specific metrics. It’s important to highlight a couple of those metrics that stand out to us. The first

KERRY SCOTT, CHIEF PEOPLE OFFICER, LIBERTY LATIN AMERICA, SUPPORTING FAMILES AFFECTED BY HURRICANE DORIAN IN GRAND BAHAMA 2019


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