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Purpose
of Ufinet
Connecting Latin America to the world, promoting universal access to the Internet and digital autonomy, fostering opportunities for innovation and promoting its economic and social development.
Incorporating ESG factors into our strategy
Ufinet has designed its ESG strategy based on its purpose and values.
Values
Flexibility
We adapt easily to work in different situations with diverse individuals, clients and groups. We value and understand different points of view and adapt our approach as required by the situation.
Agility
We take proactive measures and create opportunities to improve our results. We react quickly when new challenges, diverse requirements or business changes arise.
Passion
We act with enthusiasm and dynamism, firm and constant in carrying out actions to achieve our objectives.
Commitment
We support and implement actions to achieve common goals. We prevent and overcome obstacles that may interfere with the achievement of business objectives.
business objectives.
Creativity
We come up with new and different solutions to solve different problems or everyday situations that arise situations that arise from customers, the organization or the business.
Proximity
We generate trust inside and outside the organization, we strive to establish cordial, reciprocal and warm relationships with our clients and collaborators.
Ufinet's Commitment to the Sustainable Development Goals
In an era of rapid technological advancement, Ufinet is at the forefront of driving sustainable digital transformation throughout Latin America. Ufinet recognizes the urgent need to align its operations with the United Nations Sustainable Development Goals (SDGs) to foster economic growth, social inclusion and environmental protection.
Ufinet works continuously to contribute to the Objectives of Sustainable Development, especially SDG 8, 9, 10, 12 y 13
SDG 8
Decent Work and Economic Growth
At the core of Ufinet’s purpose is the creation of decent jobs and sustainable economic growth. By expanding its fiber-optic network connections throughout Latin America, Ufinet unlocks countless opportunities for businesses, entrepreneurs and communities to thrive. Its infrastructure investments not only improve digital connectivity, but also drive job creation and skills development in the region. Ufinet creates the digital environment to generate more jobs in the region and actively contributes to increasing employment opportunities. As Ufinet continues to expand, it remains committed to hiring and training more people, with a particular emphasis on prioritizing roles for young people and women wherever possible. Ufinet prioritizes fair labor practices, providing stable, well-paid employment opportunities that empower people and foster inclusive economic growth.
SDG 9
Industry, Innovation and Infrastructure
With more than 100,000 km of fiber optic network and growing, Ufinet lays the foundation for a vibrant digital ecosystem that fosters innovation and drives industries forward. By working to bridge the digital divide through its services, donated Internet connections and community work, Ufinet empowers individuals and businesses to access information, education and markets more seamlessly. Its infrastructure enables entrepreneurs to launch start-ups, facilitates e-commerce and improves the efficiency of public services throughout Latin America. Ufinet actively collaborates with local stakeholders, governments and technology partners to drive innovation, ensuring that Latin America remains at the forefront of digital advancement.
SDG 10
Reduction of Inequalities
Ufinet believes that access to digital connectivity is a fundamental right that should not be restricted due to geographical or socioeconomic barriers. Ufinet is committed to promoting digital inclusion and reducing inequalities throughout Latin America. Through its free internet program, Ufinet provides internet access to underserved communities, empowering them with the tools and knowledge they need to thrive in the digital age, especially in rural schools. Working closely with local governments and community organizations, Ufinet prioritizes bridging the digital divide and providing equal opportunities for all. Ufinet is actively working to expand the scope and scale of its digital inclusion program by 2023.
SDG 12
Responsible Production and Consumption
As a responsible corporate citizen, Ufinet is committed to sustainable practices that minimize its environmental impact. It actively promotes responsible consumption and the adoption of renewable energy sources to power its operations. Ufinet invests in sustainable
solar energy to reduce its carbon footprint and mitigate the effects of climate change. Through energy-efficient designs and innovative technologies, Ufinet optimizes resource use, reduces waste and inspires others in the industry to embrace sustainability. It also expects the same good practices from its business partners.
SDG 13
Climate Action
Recognizing the urgency of climate change, Ufinet promotes climate action by prioritizing the adoption of renewable energy, carbon footprint reduction and environmental conservation. Its commitment to sustainable practices extends beyond its operations and includes its supply chain. Ufinet collaborates with suppliers that share its values and promote sustainable practices, ensuring that its environmental footprint is reduced throughout the value chain. Ufinet will improve the quality and rigor of its carbon emissions data collection and analysis to contribute to global efforts to mitigate climate change and create a sustainable future.
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Environment
As a responsible corporate citizen, Ufinet recognizes the need to take action on climate change and address the impact of climate change on its operations. In line with this commitment, Ufinet has aligned its environmental strategy with the objectives set out in the 2015 Paris Agreement. By considering sustainability as a core value, Ufinet aims to contribute to global efforts to mitigate climate change and create a more sustainable future.
Social
Ufinet promotes a work environment that facilitates the professional and personal development of its employees. Ufinet believes that the diversity of skills and experiences of different people and cultures is one of the reasons for its success. It also strives to promote a culture of inclusion and respect for all.
Governance
Ufinet acts within the legal framework, faithfully following the applicable regulations and standards. Our company seeks to maintain a positive and cooperative relationship with all regulatory authorities and regularly engages with legislators and other stakeholders to ensure compliance with future laws, regulations and standards.
In addition, at Ufinet we are committed to having a transparent and responsive culture, where anyone working for us or on behalf of our company feels comfortable raising concerns. We encourage all our employees, as well as any customer or business partner who may be affected by our operations, to express their views. We have clear lines of communication in this regard.
ESG Committee
Ufinet has established an ESG Committee to oversee the comprehensive implementation of the ESG strategy and related policies. The ESG Committee is chaired by the CEO and meets monthly. The corporate area is responsible for identifying ESG risks and opportunities, developing priorities and action plans, and overseeing the implementation of the ESG strategy and programs across the company.
At the Board of Directors level, the CEO is responsible for overseeing the ESG strategy at Ufinet, including the implementation of programs and periodic reviews of program performance. The role of the Board of Directors is to oversee and direct the company’s ESG strategies and performance. Ufinet’s Board of Directors plays a pivotal role in ensuring that the company’s ESG efforts are aligned with its business strategy and that the company’s
ESG programs and policies are carried out under supervision and continue to improve over time.
