Millicom | Sustainability Performance
Provides telecommunications and media services, including mobile and broadband, in Latin America and Africa.
1990
Luxembourg
10,001+ employees
Telecommunications
$1B - 10B in revenue
$1B - 10B in profitability
Sustainability Ranking & Industry Benchmark
#1506
Overall#8
in Luxembourg#48
in TelecommunicationsSustainability Maturity
Sustainability Intent
Overview
Environmental
Carbon emissionsEnergy consumptionGovernance
TargetsESG scores and ExclusionsFinancial Data
Business performanceCapital & innovationAnalyst projections
CO2 scope 1 + 2
Aligned
Renewable energy
Laggard
Market cap
Revenue
Carbon emissions
Reveal data for 1 credit
Industry rank: 28 out of 261
Total CO2 emissions
(CO2e tonnes)
Industry rank: 28 out of 261
Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
(adj. for revenues)
Renewable energy
Reveal data for 1 credit
9%2024
Industry rank: 52 out of 261
Total energy consumption
and % renewables
(MWh, % of consumption)
Industry rank: 52 out of 261
Total energy
Share of renewable energy
Industry benchmark
Renewable electricity
Reveal data for 1 credit
Industry rank: Beyond Top 100
Total electricity consumption
and % renewables
(MWh, % of consumption)
Industry rank: Beyond Top 100
Total electricity
Share of renewable electricity
Industry benchmark
Intensity
Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Industry Benchmark
26.6
B/M 35.6
218.0
B/M 151.2
136.0
B/M 106.8
Powered by illuminem and GIST Impact
Controversy level
- Millicom International Cellular SA (Tigo brand, Luxembourgincorporated USlisted), Latin Americafocused major telecom, has faced sustained scrutiny over the historic 20172018 USD 25 million US DOJ FCPA settlement over alleged Millicom Guatemala FCPA violations affecting Luxembourgincorporated institutional shareholders, plus the contested 2024 sustained scrutiny over Atlas Investissement/Iliadled Millicom takeprivate discussions affecting institutional shareholders.
Carbon emissions breakdown
Reveal data for 2 credits
| KPI | Metric | Year | |||||
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| 2020 | 2021 | 2022 | 2023 | 2024 | Benchmark | ||
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Market cap
Revenue
EBITDA
Operating margin
Revenue & EBITDA
$5.8BFY2024 revenue
Total Annual
Revenue & EBITDA
($ B)
Annual revenue
EBITDA
3 year change
Revenue by region
Revenue by region %
Bolivia
Colombia
Guatemala
Honduras
Panama
Paraguay
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Margin trends
Margin as % of revenue
Gross margin
Operating margin
Net margin
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Free cashflow
Capex
Debt/equity ratio
Return on invested capital
2.0%FY2026
Return on invested capital (ROIC)
Industry benchmark
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Analyst revenue estimates & actuals
Analyst consensus vs actuals
($ B)
Actual revenue
Consensus estimates
Estimate only
5.6
▼ 2.2%
5.7
▼ 1.9%
5.8
▼ 2.5%
6.7
2029Powered by illuminem
Sustainability targets and commitments
| Target | Year | Value | Scope | Baseline |
|---|
Progress against targets
Environmental policy coverage
Carbon reduction policy
Not available
Human rights policy
Available
Recycling policy
Not available
Workplace health & safety policy
Available
36%
Independent Directors
5 out of 14 incl. management
Overall score
63
Environment
56
Social
81
Governance
52
Exclusion screening
Adult content
Available
Alcoholic
Not available
Animal testing
Not available
Firearms
Not available
Tobacco
Not available
Gambling
Not available
Nuclear
Not available
