Viasat Releases Inaugural Environmental, Social and Governance (ESG) Report PRNewswireViasat Releases Inaugural Environmental, Social and Governance (ESG) Report PRNewswire
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Viasat, Inc. Oct 25th, 2021, 08:00 ET CARLSBAD, Calif., October 25, 2021, PRNewswire/ — Viasat Inc., a global communications company, announced today that it has published its inaugural Environmental, Social and Governance report (NASDAQ: VSAT), which details the Company’s ESG strategy, initiatives, and key performance metrics. The Company will share updates on ESG progress every year. Viasat’s chief people officer Melinda Kimbro stated that the Company is on a journey to connect the globe using sustainable, responsible, and inclusive business practices. The launch of the first ESG report demonstrates the commitment our leadership has made to better understand the impact we have on the world. “Our focus is on continuous improvements – which we believe can be achieved by integrating ESG principles in our global business strategies and by continuing to foster transparency, innovation, and creativity. The report describes Viasat’s approach to an ESG framework. It includes policies, metrics, and programs across four key areas. Putting people first: Viasat is committed in creating a diverse and inclusive culture, supporting and protecting employees, providing opportunities for employees learning and growing, and encouraging employee engagement to continually improve the employee experience. Viasat’s ability to create connections and bring digital and social inclusion is the foundation of its global growth. It is a top priority for Viasat to keep customers connected, whether in a remote community, on a commercial aircraft, at home during a pandemic, or in difficult-to-reach areas. Viasat is taking steps to reduce the environmental impacts of its operations. The Company has taken crucial first steps to understand the environmental impact of its activities on the planet. It has also shown thought leadership and responsible space use. Viasat is a company that leads with integrity. Viasat has a long history of trusting its stakeholders through its robust corporate governance frameworks. The Company believes in honest, transparent and ethical business practices. It diligently works to ensure compliance in key categories such as human rights and conflict minerals. Viasat’s ESG Report is aligned to the United Nations Sustainable Development Goals, the Sustainability Accounting Standards Board(SASB), and the Global Reporting Initiative. The report contains details and metrics about the priority issues as determined by internal and external stakeholder analyses. These include: business continuity; corporate governance; diversity and inclusion; ethical conduct; product stewardship; supply chain management; talent management and engagement. You can read Viasat’s complete ESG report here. Viasat
Viasat, a global communications company, believes that everyone and everything can be connected. Viasat has been shaping the way consumers, businesses and governments communicate around the globe for 35 years. The Company is currently developing the ultimate global communications network that can power high-quality, secure and affordable connections that can impact people’s lives wherever they are – on the ground, in flight, or at sea. Visit www.viasat.com to learn more. Viasat also has a Corporate Blog. Follow Viasat on social media: Facebook, Instagram LinkedIn Twitter, YouTube. Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include statements relating to the Company’s ESG plans and initiatives and the expected impact thereof. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations, the impact of the COVID-19 pandemic on our business, suppliers, consumers, customers, and employees or the overall economy; and increased competition and other factors affecting the connectivity market, generally. In addition, please refer to the risk factors contained in Viasat’s SEC filings available at www.sec.gov, including Viasat’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason. Copyright (C) 2021 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners. SOURCE Viasat, Inc. Related Links http://www.viasat.com
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