Liberty Global Releases 2019 Corporate Responsibility Report
August 26 2020 - 9:49AM
Business Wire
Report Highlights Liberty Global’s Social and Environmental
Contribution as It Continues to Deliver on Its ‘Connected Purpose’
Strategy
Liberty Global plc (NASDAQ: LBTYA, LBTYB and LBTYK) one of the
world’s leading converged video, broadband and communications
companies, has released its 2019 Corporate Responsibility Report,
“Harnessing technology to create a better world”, which provides an
overview and assessment of the company’s economic, social and
environmental impact and performance.
The report highlights the partnerships and programs that
comprise Liberty Global’s Connected Purpose strategy, which aims to
maximize the company’s potential for guiding digital technology
towards positive change in the world today. The strategy is
underpinned by Liberty Global’s ‘Digital Imagination’ program,
which encourages people to harness the power of technology to solve
societal challenges, and its ‘Responsible Connectivity’ approach to
ensure the business acts in an ethical, inclusive and sustainable
manner.
Looking to 2020 and beyond, the report outlines the
organization’s strategic direction with an enhanced focus on being
a purpose-driven company, protecting the data and privacy of
customers and an even stronger commitment to diversity and
inclusion. It also looks at the measures being taken to mitigate
the impact the Covid-19 crisis has had on its employees, customers
and the communities in which it operates.
“Our Connected Purpose is all about creating positive change
through technology, breaking down barriers through the power of
connectivity, and ensuring we are strong corporate citizens and
environmental stewards in the communities in which we operate”,
said Mike Fries, Liberty Global CEO. “2019 was a pivotal year for
Liberty Global and moving forward we are actively pursuing
initiatives to ramp up and improve the impact we have on the world,
especially in the areas of diversity and inclusion.”
Milestones and key highlights that Liberty Global achieved in
2019 across its strategic focus areas include:
RESPONSIBLE CONNECTIVITY
- In 2019 Liberty Global continued to improve operations to meet
its 2030 and 2050 science-based targets in line with the Paris
Climate Accord and have become 40 times more carbon efficient
compared to 2012.
- Avoided 11,207 metric tons of carbon emissions and saved $141
million through environmental initiatives.
- Remodelled its Science Based Targets in line with the company’s
new business structure. Reduced its Scope 1 and 2 emissions by 7
percent, exceeding its annual goal.
- Refurbished 1.5 million set-top boxes and modem units, avoiding
2,515 metric tons of waste.
- Virgin Media in the UK supported 542,549 disabled people to get
into and stay working since it launched its partnership with
Scope.
DIGITAL IMAGINATION
- Liberty Global launched its flagship, ‘Digital Imagination’
challenges - which help young people develop digital skills of the
future - in three countries; Ireland, The Netherlands and
Poland.
- Created a toolkit to engage educators to address online safety
at school, delivering more than two million toolkits to date.
- UPC Poland launched their 6th annual THINK BIG challenge,
adding a new category called Think Social, which looked at digital
technology solutions that respond to social challenges like digital
exclusion, accessible education, and participation in society.
- Liberty Global once again sponsored the STEAM Cup Challenge in
the Netherlands, which brought together over 600 young coders who
showcased their “House of the Future” inventions.
The report was prepared in accordance with the reporting
criteria and GRI standards. It reports on Liberty Global’s
operations in six European countries under the consumer brands
Virgin Media, Telenet and UPC. To view the report in full, visit
our website.
ABOUT LIBERTY GLOBAL
Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the
world’s leading converged video, broadband and communications
companies, with operations in six European countries under the
consumer brands Virgin Media, Telenet and UPC. We invest in the
infrastructure and digital platforms that empower our customers to
make the most of the digital revolution. Our substantial scale and
commitment to innovation enable us to develop market-leading
products delivered through next-generation networks that connect 11
million customers subscribing to 25 million TV, broadband internet
and telephony services. We also serve 6 million mobile subscribers
and offer WiFi service through millions of access points across our
footprint.
In addition, Liberty Global owns 50% of VodafoneZiggo, a joint
venture in the Netherlands with 4 million customers subscribing to
10 million fixed-line and 5 million mobile services, as well as
significant investments in ITV, All3Media, ITI Neovision,
LionsGate, the Formula E racing series and several regional sports
networks.
For more information, please visit www.libertyglobal.com.
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