Viasat 2023 environmental, social, and governance (ESG) report
Viasat is always finding better ways to connect the world. Safely, sustainably, and ethically.
Maximizing our positive impact for people, businesses, communities — and the planet
At Viasat, we're brought together by a shared desire to unlock opportunity for everyone, everywhere, through connectivity. Connections are the bridge to what’s possible, and we are fearless believers in possibility.
Viasat is committed to regular, transparent communication of our sustainability efforts and progress. The goal of our Environmental, Social, and Governance (ESG) program is to ensure that, as we work toward our shared vision of a connected world, we:
- Positively impact our people and communities
- Protect the environment and our precious resources
- Operate with integrity in all facets of our business
As the world's demand for information is increasing, we are solving some of the toughest connectivity challenges in a way that maintains safe and equitable access to space and enables digital inclusion
Mark Dankberg, Viasat CEO, Chairman of the Board and Co-Founder
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We unlock innovation by empowering employees
Viasat believes a strong focus on diversity, equity, and inclusion (DEI) empowers individuals and unlocks innovation. 2023 saw a renewed focus on DEI to help ensure our employees have an inclusive and equitable environment that encourages diverse perspectives, fosters equity, and promotes the inclusion of new ideas and viewpoints.
From education and culture to talent acquisition and development, we continue to find new ways of helping our employees be the best versions of themselves through programs and benefits focused on:
Growing skills
Promoting health and wellness
Protecting our people’s way of life
Providing for their future
Finding balance
Digital inclusion is our mission, our business — and our legacy
Digital inclusion helps improve lives by providing better access to healthcare, educational resources, and economic opportunity. But for the nearly half the world that doesn't have reliable access to high-quality, affordable internet, these opportunities simply aren't available.
Viasat brings connectivity when and where it's needed most. Working with key partners, we’re going beyond the connection to help unserved and underserved communities around the world get online — and to make the most of those online resources. It’s our mission. It's our business. And it's our legacy.
We're connecting more with less
We take a comprehensive, bottom-up approach to environmental management that identifies and deploys solutions tailored to the unique challenges of each individual worksite.
This past year, we ramped up our focus on employee, customer, and supplier engagement as part of our environmental-management efforts. We went beyond addressing scope 1 and scope 2 emissions to now identify, disclose, and target scope 3 emissions. Taking this a step further, we have verified our emissions for the past two years; see more information in our FY23 GHG inventory report.
When it comes to energy and climate concerns, we’re thinking big. We operate with sustainability in mind — not only at the worksite, local, and global level, but even in space. We are outspoken advocates of mindful resource utilization in space, and regularly publish industry-leading research on the topic. As Viasat's global footprint expands, the team is focused on ensuring responsible growth. Looking ahead, this includes greenhouse gas reduction goals, the increased use of renewables, and formalized approaches to mitigate the impact of our products and packaging.
We're putting forward new solutions to keep space sustainable
Viasat is committed to ensuring the sustainability of the shared and limited parts of space. We believe Low-Earth orbit needs particular attention because it’s the area where most satellites are now being launched, and we risk saturating the capacity of those orbits within this decade, which could lead to:
- Materially increasing risks of collisions
- Overfilling to the point where space is closed to new applications,
- Making space more fragile, and
- Harming the environment, including light pollution and damage to the atmosphere.
Viasat is helping move the discussion from one focused on developing an understanding of the problem to one focused on solution — including economic incentives to encourage good and responsible behavior, as well as suitable checks and balances to ensure a few do not spoil things for everyone else.
Integrity and ethics in action
Ethics and integrity are the cornerstones of our business. We are unyielding in our commitment to infusing ethics and integrity throughout our daily operations, corporate governance, oversight, accountability, and transparency.
These cornerstones extend to how we engage with our stakeholders. We embrace their perspectives on business, strategy, compensation practices, and governance — and make sound, strategic adjustments in response to stakeholder feedback. This includes our Board’s choice to appoint a lead-independent director to further strengthen oversight.
Stakeholder engagement is just one of the many checks and balances we use to ensure we’re operating with the ethics and integrity that we’re known for, while continuing to create long-term value for our shareholders.