LIBERTY LATIN AMERICA PUBLISHES ESG REPORT HIGHLIGHTING SUSTAINABILITY PROGRESS

Rhea-AI Summary

Liberty Latin America (NASDAQ: LILA, LILAK) has published its latest Environment, Social Impact, and Corporate Governance (ESG) report. The report highlights significant strides in sustainability, including enhancements in operational efficiency, cost reduction, and increased workforce engagement. CEO Balan Nair emphasized that sustainable practices foster trust and loyalty among stakeholders while creating a resilient company. The report highlights the company's efforts to narrow the digital divide and track greenhouse gas emissions more accurately. Liberty Latin America aligns with the UN Sustainable Development Goals and the SASB framework for the Telecommunications Services industry.

Positive

• Enhanced operational efficiency.
• Reduction in operational costs.
• Increased workforce engagement and productivity.
• Improved trust and loyalty among stakeholders.
• Accurate and comprehensive tracking of greenhouse gas emissions.
• Alignment with UN Sustainable Development Goals.
• Utilization of the SASB framework for industry-specific reporting.

Negative

• Potential increase in compliance and reporting costs.
• Tracking and reducing emissions may require significant investment.
• Focus on ESG goals may divert resources from other business areas.

DENVER, Colorado--(BUSINESS WIRE)-- Liberty Latin America Ltd. (“Liberty Latin America”, “LLA”, or “Company”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) announces the publication of its Environment, Social Impact, and Corporate Governance (ESG) report, showcasing the meaningful strides the Company has made in its commitment to being more sustainable. The report can be found on the company website here.

"Our ESG report reflects our commitment to responsible business practices," said Balan Nair, CEO of Liberty Latin America. "Sustainable operations lead to better business outcomes. We have seen enhancements in operational efficiency, a reduction in costs, and a more engaged and productive workforce. On top of that, operating in this way helps us increase trust, build loyalty, and strengthen relationships with customers, employees, investors, and other stakeholders. By prioritizing sustainable growth, we are not only delivering on our objectives but also creating a more resilient company that generates valuable returns for all stakeholders.”

This year’s ESG report highlights the progress Liberty Latin America has made towards supporting the Company’s purpose to connect communities and change lives, narrowing the digital divide, and consolidating the coverage of greenhouse gas (GHG) emissions tracking across the group. This broader scope enables the Company to have a more accurate and comprehensive understanding of its carbon footprint, driving more effective strategies for reducing emissions.

The Company continues to align with the United Nations Sustainable Development Goals and utilize the Sustainability Accounting Standards Board (SASB) framework for the Telecommunications Services industry with reporting on data through December 31, 2023.

For more information on Liberty Latin America's ESG approach, please visit www.lla.com/esg.

ABOUT LIBERTY LATIN AMERICA

Liberty Latin America is a leading communications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands BTC, Flow, Liberty and Más Móvil, and through ClaroVTR, our joint venture in Chile. The communications and entertainment services that we offer to our residential and business customers in the region include digital video, broadband internet, telephony and mobile services. Our business products and services include enterprise-grade connectivity, data center, hosting and managed solutions, as well as information technology solutions with customers ranging from small and medium enterprises to international companies and governmental agencies. In addition, Liberty Latin America operates a subsea and terrestrial fiber optic cable network that connects approximately 40 markets in the region.

Liberty Latin America has three separate classes of common shares, which are traded on the NASDAQ Global Select Market under the symbols “LILA” (Class A) and “LILAK” (Class C), and on the OTC link under the symbol “LILAB” (Class B).

For more information, please visit www.lla.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240529597373/en/

Investor Relations:

Kunal Patel

ir@lla.com

Media Relations:

Kim Larson

llacommunications@lla.com

Source: Liberty Latin America Ltd.

FAQ

What is Liberty Latin America's stock symbol?

Liberty Latin America's stock symbols are NASDAQ: LILA and LILAK.

What is highlighted in Liberty Latin America's latest ESG report?

The latest ESG report highlights operational efficiency improvements, cost reductions, and increased workforce engagement.

How does Liberty Latin America's ESG report impact stakeholders?

The ESG report fosters trust, builds loyalty, and strengthens relationships with customers, employees, investors, and other stakeholders.

How is Liberty Latin America addressing greenhouse gas emissions?

Liberty Latin America is consolidating its coverage of greenhouse gas emissions tracking to understand its carbon footprint better and drive effective reduction strategies.

Which frameworks does Liberty Latin America align with in its ESG report?

Liberty Latin America aligns with the United Nations Sustainable Development Goals and the Sustainability Accounting Standards Board (SASB) framework.