MEXICO CITY, Feb. 4, 2021 /PRNewswire/ -- Grupo Televisa,
S.A.B. ("Televisa" or the "Company") announced today that it has
committed to the Science Based Targets initiative (SBTi), joining
1,000+ companies worldwide. The initiative drives ambitious climate
action into the private sector by enabling companies to set
science-based emissions reduction targets. It defines and promotes
best practice in emissions reductions and net-zero targets in line
with climate science.
Televisa is committed to reducing its greenhouse gas emissions
and to strengthening its renewable energy programs in order to
contribute to the national goal of clean energy generation, as well
as to the United Nations' Sustainable Development Goal number
seven, which fosters the use of and access to affordable, reliable,
sustainable and modern energy for all.
The Science Based Targets initiative is a partnership between
CDP, which is a not-for-profit charity that runs the global
disclosure system for investors, companies, cities, states and
regions to manage their environmental impacts, the United Nations
Global Compact (UNGC), World Resources Institute (WRI), and the
World Wide Fund for Nature (WWF).
Sustainability is a priority to Televisa and an important
component in the formulation of its business strategy.
Disclaimer
This press release contains forward-looking statements
regarding the Company's results and prospects. Actual results could
differ materially from these statements. The forward-looking
statements in this press release should be read in conjunction with
the factors described in "Item 3. Key Information – Forward Looking
Statements" in the Company's Annual Report on Form 20 - F, which,
among others, could cause actual results to differ materially from
those contained in forward-looking statements made in this press
release and in oral statements made by authorized officers of the
Company. Statements contained in this release relating to the
COVID-19 outbreak, the impact of which on our business performance
and financial results remains inherently uncertain, are
forward-looking statements. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of their dates. The Company undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
About Televisa
Televisa is a leading media company in the Spanish-speaking
world, an important cable operator in Mexico and an operator of a leading
direct-to-home satellite pay television system in Mexico. Televisa distributes the content it
produces through several broadcast channels in Mexico and in over 70 countries through 25
pay-tv brands, television networks, cable operators and
over-the-top or "OTT" services. In the
United States, Televisa's audiovisual content is distributed
through Univision Communications Inc. ("Univision"), a leading
media company serving the Hispanic market. Univision broadcasts
Televisa's audiovisual content through multiple platforms in
exchange for a royalty payment. In addition, Televisa has equity
representing approximately 36% on a fully-diluted basis of the
equity capital in Univision Holdings, Inc., the controlling company
of Univision. Televisa's cable business offers integrated services,
including video, high-speed data and voice services to residential
and commercial customers as well as managed services to domestic
and international carriers. Televisa owns a majority interest in
Sky, a leading direct-to-home satellite pay television system and
broadband provider in Mexico,
operating also in the Dominican
Republic and Central
America. Televisa also has interests in magazine publishing
and distribution, professional sports and live entertainment,
feature-film production and distribution, and gaming.
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SOURCE Grupo Televisa, S.A.B.