
América Móvil consolidates its sustainability strategy with the recognition of the investing public
América Móvil press release
This is an automated translation of the original press release issued in Spanish
Mexico City, December 19, 2022.- América Móvil placed its first sustainable bond on the Mexican stock market, as part of an issuance for more than 24 billion pesos in four tranches; of which 21,700 million are labeled to finance environmental and high social impact projects.
To commemorate the success of the placement, the company was invited to carry out the start of operations bell on the Mexican Stock Exchange (BMV) last Friday.
The sustainable bonus will allow the company to align its business strategy with a sustainable vision, consistent with the Company's purpose of making a better world possible.
Through the sustainable bonus, resources can be allocated to two of the pillars with the greatest impact in the company's strategy, such as caring for the planet and promoting connectivity, which is the greatest mechanism of inclusion for society.
In environmental matters, part of the bond's resources will help finance projects consistent with the emission reduction strategy, such as migration to renewable energies, modernization of equipment, and energy efficiency, with the purpose of reducing our direct emissions by more than 50%. by 2030.
América Móvil will also support its users to reduce their environmental footprint through digital solutions.
Likewise, actions will continue to accelerate digital inclusion, so the bond resources will also be allocated to the comprehensive strategy to provide Internet access in marginalized communities, promote the use of information technologies in the most vulnerable groups of society and help these groups to capitalize on all the benefits of connectivity by providing digital skills, digital education and job training, in order to contribute to their development.
Unlike other instruments, in the case of sustainable bonds, the use of resources must be linked to the financing or refinancing of specific environmental and digital divide reduction projects. Year after year, a third party audits that the resources obtained through the bond are actually being allocated to the committed projects.
América Móvil has a sustainable development strategy that, for the third consecutive year, resulted in its inclusion in the Dow Jones Sustainability Indices, as well as improvements in its ratings in this area.
These advances are a reflection of the efforts made every day by the different areas and subsidiaries of América Móvil to align the operation to best practices and promote the creation of shared value.
About America Movil
América Móvil is the leading company in integrated telecommunications services in Latin America. The deployment of its world-class communications platform allows it to offer its clients a portfolio of value-added services and enhanced communication solutions in 23 countries in the Americas and Europe. As of September 30, 2022, the company had 383.3 million access lines, which include 307.8 million mobile subscribers and 74.5 million fixed revenue-generating units (fixed telephony, broadband and pay television). ). Learn more at www.americamovil.com
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