Sustainable Financing

Our commitment to sustainability¹ is to be an agent of change that promotes inclusion, economic development, and well-being in our region of operations by always seeking a balance between the economic, social, and environmental aspects.

 

América Móvil is optimistic about the potential of technology and connectivity in shaping a brighter future and enhancing the quality of people's lives. Our goal is to foster the creation of a connected society that not only propels socio-economic progress but also inclusively accommodates everyone while remaining mindful of our environmental responsibilities.

 

In alignment with our commitment to sustainability and in response to the benchmarks set by some international organizations such as the UN Global Compact (UNGC), América Móvil has initiated on a journey to reach its sustainability targets. This involves the implementation of a comprehensive approach to assess and enhance performance across all aspects of our business in line with Environmental, Social, and Governance (ESG) criteria.

 

As one of the leading telecommunications operators worldwide and given our geographic footprint, we can have a significant impact on at least 10 of the 17 Sustainable Development Goals (SDGs).

 

Therefore, América Móvil released its Sustainable Financing Framework in October 2022. In this context, América Móvil issued its first sustainable bond in November 2022 ($21,746 million pesos). The proceeds were directed to finance or refinance projects specifically designed to advance América Móvil's sustainability objectives. With this, América Móvil moves forward in the integration of sustainability into its business strategy.

 

At América Móvil, we are determined to do what it is best for our employees, customers, suppliers, shareholders, and other stakeholders. The service we provide is fundamental for our customers’ well-being: personal, family, and professional lives. Through our connectivity and solutions, we contribute to reducing the digital divide improving access to education and health, generating more significant social inclusion and development opportunities. We team up with our more than 180 thousand employees and join forces with business partners and organizations such as UN, GSMA, MIT, Khan Academy, La Sorbonne among others, to work together to benefit the environment, biodiversity, culture, and communities to achieve our goal of enabling a better world. Our Enabling a Better World strategy highlights our commitments towards this goal.

¹ For more information about our commitment to sustainability, please refer to America Móvil’s Sustainability website: https://sustainability.americamovil.com/goals.html; or the 2023 Sustainability Report: https://sustentabilidad.americamovil.com/portal/su/pdf/2022-Sustainability-Report.pdf