Materiality Assessment

In 2021, we began our first materiality assessment aiming to determine the material issues we must report, as well as identifying the most relevant trends, risks and opportunities for our Company’s sustainability. We followed the methodology of a specialized external consultant, as well as the recommendations from the Global Reporting Initiative to obtain comparable results and address areas of opportunity.

As part of our commitment with sustainability and stakeholders, we will update our materiality assessment every three years or in accordance with the requirements of our business and international standards.

Stakeholders

Afterwards, in 2022 we held an engagement with our stakeholders in order to obtain their feedback and validate the relevant aspects obtained in the initial materiality matrix.

Therefore, performance indicators and strategic goals which are important for them as well as for us.

Sustainability Model


Aware of the influence that the Company's actions have on the environment, we have chosen to incorporate best practices and ESG indicators into the Company's business strategy, thus aligning our Sustainability Strategy with the Sustainable Development Goals of the United Nations.

To meet these Goals, we have developed our Sustainability Model, which classifies our material topics into three key pillars: Environmental Culture, Corporate Ethics and Quality, and Operating and Financial Evolution.

Sustainability Strategy5


Our Sustainability Strategy revolves around essential actions to integrate sustainability into MEGA's business model. Each pillar of the Model merges within this Strategy, addressing the identified material issues comprehensively and aligning with the Sustainable Development Goals (SDGs).

Criteria

Material Issues

Action Lines

SDGs

Pillar

Environmental

  • Energy ecoefficiency

  • Waste management

  • Environmental policies

Policies and Environmental Management:

  • Update the "Environment, Health, and Safety Policy."

  • Update the "Sustainability Policy."

  • Establish a waste management policy.

Indicators and Management System:

  • Define environmental performance indicators.

  • Implement an environmental management system.

Telecommunications Network:

  • Incorporate technologies that optimize energy efficiency, increase the
    average lifespan of infrastructure, and minimize
    operations’ environmental impact.

Environmental Culture

Social

  • Human Rights

  • Diversity

  • Anti-money laundering

  • Corruption

  • Social issues management

  • Social impact

  • CSR management

  • Health and safety

Policies and Processes:

  • Update the "Environment, Health, and Safety Policy."

  • Develop policies and processes related to the social impact of the Company's operations.

  • Establish a Corporate Social Responsibility work plan, including procedures, policies, and formats.

Training and Implementation:

  • Establish an action plan on human rights.

  • Establish a policy for "Anti-Money Laundering."

  • Implement training for employees on social issues.

Ethics and Organizational Quality

Governance

  • Operations

  • Financial issues

  • Supplier standards

  • Brand management

Supplier Policies and Standards:

  • Define standards for suppliers and train them in the Supplier Code of Conduct.

Quality and Continuous Improvement:

  • Define and implement strategies to increase customer and subscriber satisfaction.

Recognition and Certifications:

  • Publish the Company's distinctions, awards, and certifications.

Commercial Image and Regulations:

  • Unify the Company's commercial image according to applicable regulations.

Sustainable Financing:

  • Seek sources of sustainable financing to achieve the sustainability goals and commitments undertaken by the Company.

Operative and Financial Evolution

5 To read more information about the Company’s sustainable management and its legal framework, please visit: https://inversionistas.megacable.com.mx/politicas

ESG Evolution


PATH TO INTEGRATING SUSTAINABILITY INTO OUR OPERATIONS