Millicom International Cellular SA
Industry Group: Telecommunication Services
Country/Region: Luxembourg
Identifier: OME:TIGO
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm’s fixed-line networks reach 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2024.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Telecommunication Services 60 out of 227
Universe
Global Universe 5986 out of 16179
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Millicom International Cellular SA |
22
Medium
|
60 out of 227 |
Iridium Communications, Inc. |
25.1
Medium
|
105 out of 227 |
China Communications Services Corp. Ltd. |
25.3
Medium
|
108 out of 227 |
PCCW Ltd. |
31.5
High
|
180 out of 227 |
Bezeq The Israeli Telecommunication Corp. Ltd. |
35.7
High
|
218 out of 227 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Millicom International Cellular SA's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Millicom International Cellular SA's Management of ESG Material Risk is Strong
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Top Material ESG Issues for Millicom International Cellular SA
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Controversy Rating
Highest Controversy level that has impacted Millicom International Cellular SA's ESG Risk Rating in the last three years
Highest Controversy Level