Millicom International Cellular: Millicom publishes 2014 Corporate Responsibility Report

STOCKHOLM--(BUSINESS WIRE)--

Millicom, the international telecommunications and media company (Stockholmsbörsen: MIC), today published its Corporate Responsibility (CR) Report "Focusing on what matters", outlining its non-financial performance in 2014.

The report outlines Millicom's commitment to inclusive and positive impact with its digital lifestyle strategy, and with a corporate responsibility approach that closely aligns with the company's business objectives.

In addition to presenting the overall governance and management of responsible business and risk, the report highlights progress in Millicom's five corporate responsibility focus areas: child protection, diversity, environmental protection, responsible supply chain management, and privacy and freedom of expression.

Millicom's 2014 CR report is the company's third Corporate Responsibility report published in line with the leading non-financial reporting framework, the Global Reporting Initiative (GRI).

Responding to feedback from stakeholders, this year's report includes added focus on progress against targets, and presents first longer-term sustainability targets. The report also marks Millicom's first "Transparency Report" on how different requests from government and law enforcement agencies are managed, and how the company engages more widely on the topical issues of privacy and freedom of expression.

Performance highlights from 2014 include:

· The signing of a three-year agreement with UNICEF on child online protection and the joint hosting of the first workshop on this topic in Latin America.

· Carbon emissions per base station at 39% lower compared to the 2008 baseline placing Millicom well on its way to reaching its reduction target of 50% by 2020.

· The percentage of women in top 500 senior management positions rising to 22% from 19%.

· Completion of sales of electronic waste in Tanzania and El Salvador based on new responsible waste management systems.

· Half of Millicom's African General Managers are now women.

· Diversity committees launching in Costa Rica and Ghana to work on gender inclusivity initiatives.

· Millicom's revised Supplier Code of Conduct as a mandatory appendix to all agreements to be signed with new suppliers, as well as contract renewals for existing suppliers.

· 101 whistleblower investigations carried out, resulting in 54 terminations of employment.

The full CR Report can be downloaded on the Millicom website at millicom.com

About Millicom

Millicom is a leading telecommunications and media company uniquely dedicated to emerging markets in Latin America and Africa. It provides mobile, financial, cable and satellite services to over 56 million customers in fourteen countries, primarily under the Tigo brand. Founded in 1990, Millicom employs 23,000 people, is headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2014 Millicom generated revenue of $6.4 billion and EBITDA of $2.1 billion

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