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2021 – Millicom, a leading provider of fixed and mobile services operating under the TIGO brand in Latin America, launched various Earth Week initiatives throughout the communities it serves as it fulfills its responsibility to use natural resources and systems wisely through fit-for-purpose policies and practices, and minimizing any negative impacts.
With the goal of reducing its environmental footprint and being an agent of positive change in society, last year Millicom established a five-year, $600 million ESG-linked revolving credit facility, which included provisions that incentivize the company and some of its operating subsidiaries in Latin America to meet predetermined sustainability targets. As an example, Millicom deployed a reverse logistics program to recover and redeploy consumer premise devices, which has resulted in over one thousand tons of CO2 emissions avoided and plastic waste diverted from landfill, as well as over one million cubic meters of water saved.