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Business

Globe among world’s most socially responsible firms

Richmond Mercurio - The Philippine Star
Globe among worldâs most socially responsible firms
Globe has been included in the FTSE4Good Index Series for the sixth consecutive year, proving the telco’s commitment to environmental, social, and governance practices aligned with global benchmarks.
Globe / Released

MANILA, Philippines — Globe Telecom Inc. has maintained its status as among the world’s most socially and environmentally responsible companies.

Globe has been included in the FTSE4Good Index Series for the sixth consecutive year, proving the telco’s commitment to environmental, social, and governance (ESG) practices aligned with global benchmarks.

Administered by the Financial Times Stock Exchange-Russell Group, the index measures the performance of businesses around the world that demonstrate strong ESG practices.

Investors and market participants utilize the index to create and assess responsible investment funds and other products, and identify environmentally and socially sustainable companies.

It is also used as a transparent and evolving global ESG standard against which companies can assess their progress and achievement, and as a benchmark index to track the performance of sustainable investment portfolios.

Globe said its continued inclusion in the FTSE4Good Index is a result of the company’s dedication to “walk the talk” when it comes to ESG targets.

“We are committed to continue improving our sustainability practice even as we grow our business,” Globe chief sustainability officer and senior vice president for corporate communications Yoly Crisanto said.

“Aside from hitting our ESG targets, our ambition is to create a positive impact on our communities and uplift the lives of our customers. Being a part of the FTSE4Good Index tells us we have chosen the right path and will strive to do even better,” Crisanto said.

Since 2019, Globe has shifted to buying energy directly from power sources producing renewable energy.

At present, its headquarters and six offices and facilities are powered through renewable energy.

The Ayala-led telco has also adopted green network solutions at its cell sites and has deployed over 7,400 of these solutions since 2014.

This year, the company integrated sustainability principles in its corporate balance scorecard to help guide its different business units.

Globe said it also adheres to international occupational health and safety standards (ISO 45001) to ensure the well-being of its workforce.

GLOBE TELECOM INC.
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