On 18 June 2021, the Parliamentary Secretary of the Ministry of Foreign Affairs, Zanda Kalniņa-Lukaševica, presented the Sustainability Index “Fair Trade Award” to SIA Latvijas Mobilais Telefons for building its business on the standards of sustainability and of corporate social responsibility developed by the Organisation for Economic Co-operation and Development (OECD).
The Parliamentary Secretary commended LMT’s excellent performance in adhering to the criteria of responsible business conduct; she noted that, in its operations, this year’s award holder has succeeded in combining successful business practices and technological innovations with the application of principles of fairness and transparency in its interaction with clients, partners and customers. At the present time, responsible business conduct is not only a duty and a responsibility but also a smart choice, Zanda Kalniņa-Lukaševica noted during the award presentation ceremony.
The Fair Trade Award is an initiative of the Foreign Ministry set up to highlight companies observing the principles of corporate social responsibility developed by the Organisation for Economic Co-operation and Development (OECD) in their foreign trade or manufacturing. The award, established in 2015, is one of the activities jointly implemented by the Ministry of Foreign Affairs, the Institute for Corporate Sustainability and Responsibility and the Latvian Chamber of Commerce and Industry as part of the European Year for Development. Companies are evaluated according to criteria laid down by experts from the Institute for Corporate Sustainability and Responsibility in the framework of the Sustainability Index.
This year, the award is being presented for the seventh time: in 2015, the Fair Trade Award went to SIA Schwenk Latvija, in 2016 – VAS Latvenergo, in 2017 – SIA “RIMI Latvia”, in 2018 – AS SEB banka, in 2019 – SIA “Latvijas Mobilais Telefons”, and in 2020 – “Atea Global Services”.