Overview, Indicators and Indexes

  • Overview
  • Main Indicators
  • ESG Indexes

TIM believes that its business activities must be carried out taking into consideration the expectations of all those we interact with, the so-called stakeholders (that is, all people or things affected by our activities). We group our stakeholders in eight categories: customers, suppliers, competitors, institutions, the environment, community, shareholders (external stakeholders) and Human Resources (internal stakeholders).

We listen to all our stakeholders’ feedbacks not only because we believe that it is right from the ethical standpoint, but also because we are convinced this is the only way to sustain our business in the long term.

TIM’s goal is to achieve balance in the dimensions of economic, environmental, social and governance sustainability. From this perspective, “ESG” comes from the term “Environmental, Social and Governance” and it is directly linked to TIM’s position. We have showed over the years our engagement with the highest level of corporate governance, economic responsibility and strong commitment to social and environmental aspects.

This commitment allowed us to be the only company in the sector to be listed in the B3’s Novo Mercado, to maintain a Statutory Audit Committee, to be part of the ISE portfolio for 16 consecutive years and to be a member of the S&P/B3 Brasil ESG index.

Aligned to our Values and to the sustainability principles described, we also operate in accordance with a set of Policies that rule different aspects related to ESG. In addition, in December 2020, TIM created the ESG Committee to advise the Company’s Board of Directors on issues related to environmental, social and governance. The committee is composed of members of the BOD.

In addition, TIM considers the following topic as materials in its sustainable evolution, defined from qualitative and quantitative analyses to identify the importance of each topic, in line with Global Reporting Initiative (GRI) guidelines and recommendations:

Themes identified as priorities in the materiality process

  • Innovation and technology
  • Digital inclusion and connectivity
  • Privacy and data security

  • Energy efficiency
  • Quality of services
  • Health, wellness and safetys

  • Ethics, integrity and compliance
  • Transparency and relationship with priority publics

The periodic process of preparing the materiality matrix includes consulting the company’s external and internal stakeholders. It is one of the mechanisms that enables frequent review of TIM’s ESG strategies, aiming at continuous improvement of its practices and commitments.

In 2022, TIM renewed its materiality matrix in light of new trends, which consider impacts from both financial and socio-environmental perspectives, the so-called dual materiality, and also in line with the new GRI Universal Standard published in 2021.

The new materiality matrix guides the reporting of information in the ESG Report, as well as being the basis for the development of TIM’s ESG strategy.

For more information about TIM’s materiality matrix, please visit our ESG Report.

TIM’s activities towards sustainability and aiming the best ESG practices are recognized in assessments of the main ESG
indexes of stock exchanges and specialized agencies.

Find below our main indicators:

ENVIRONMENTAL 2021 2022 2023
Eletric energy consumption in the organization (GJ)¹ 2,359,219 2,424,553 2,628,072
Number of active biosites with low urban impact 1,766 1,829 1,858
Total waste recycled or sent for reuse (tons) 1,568 1,682 2,199
SOCIAL 2021 2022 2023
TIM’s social investments (R$ million) 10.7 24.7 11.1
Average training hours per employee 49 61 42
% of women in total employees 51% 51% 51%
% of women in management positions 18% 24% 25%
GOVERNANCE 2021 2022 2023
% of independent members on the Board of Directors 40% 40% 40%
% of women on the Board of Directors 33% 30% 30%
Number of members on the Board of Directors 10 10 10
% of employees trained in anti-corruption policies and
procedures1
99% 98% 99%
Average score in the National Mobile Satisfaction Survey
(Individual customers)
7.46 8.02 8.31

1  Based on employees active in December 2023.

 

Find below the main commitments taken in our Strategic Plan 2024-26:

ENVIRONMENTAL Results
2023
Net Zero¹ (scopes 1, 2 e 3) tCO2e 226,172
Reduction of scope 3 emissions¹ (categories 1, 2 and 11) 226,172
Carbon neutral (scopes 1 and 2)
Renewable electricity 100%
Eco-efficiency in data traffic² (bit/Joule) +160%
Reuse or recycling of solid waste 96%
ESG Target
2024-26 Plan
Net Zero 2040
-42% 2030
Carbon Neutral 2030
100% 2025
+110% 2025
≥95% 2026

¹ Base year 2023

² Base year 2019

SOCIAL Results
2023
Engagement¹ (per year) 86%
Black employees 41.4%
Black employees in leadership positions²
Women in leadership positions 36.2%
Employees trained in ESG skills (per year) 99%
Employees trained in digital skills 6,040
4G presence 100%
Connected hectares (in millions)
ESG Target
2024-26 Plan
≥82% 2025
≥25% 2025
>36% 2025
≥7,500 2025
32 2026

¹ As measured by Mercer’s Climate & Engagement Survey favorability index

²Self-declared mixed race and black employees are considered.
GOVERNANCE Results
2023
NPS National MobileConsumer (Net Promoter Score) 50
Transparency and Anti-Corruption practices and standards (e.g. ISO 37001, Pro-EthicsSeal) Maintained
Cybersecurity and Data protection Practices and standards (e.g. ISO 27001) Maintained
Positioning in ESG indexes and ratings (e.g. ISE) Mantained
ESG Target
2024-26 Plan
Maintain 2026
Maintain 2026
Mantain 2026
16 consecutive years in the B3’s Corporate Sustainability Index (ISE) portfolio
Member of the B3’s Carbon Efficient Index (ICO2) portfolio
Member of the B3’s Special Tag-Along Stock Index (ITAG) portfolio Diferenciado (ITAG)
Presence in the B3’s Brazil 100 Index (IBRX 100) portfolio
Presence in the B3’s Special Corporate Governance Stock Index (IGC) portfolio
Member of the S&P/B3 Brasil ESG index
Member of the FTSE4Good ESG indexes
Member of the MSCI ESG indexes
Member of the Bloomberg Gender Equality Index
Most diverse and inclusive telco in the world in the Refinitiv Diversity and Inclusion Index
Certified as Great Place To Work
Recognized as Top Employer