Globe Retains Spot in FTSE4Good Index for Ninth Consecutive Year, Demonstrating Commitment to Sustainability

Globe, a leading Philippine telco and digital solutions platform, has retained its spot in the prestigious FTSE4Good Index Series for the ninth consecutive year, a testament to its unwavering commitment to sustainable practices. Created by FTSE Russell, a global index and data provider, the FTSE4Good Index Series evaluates companies based on their Environmental, Social, and Governance (ESG) performance, encompassing areas like Corporate Governance, Health & Safety, Anti-Corruption, and Climate Change.

The FTSE4Good indexes are widely used by investors to assess responsible investment funds and products. Inclusion in the index signifies that Globe meets stringent criteria in environmental, social, and governance practices.

“We are dedicated to driving positive change within our organization and the communities we serve. This recognition motivates us to further our efforts and continue being a responsible corporate citizen,” said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer at Globe.

Globe has woven sustainability into its core operations, beginning with the identification of material topics. Through its biennial materiality study, the company prioritizes the key concerns of its stakeholders. Furthermore, Globe conducts annual enterprise-level risk assessments that incorporate sustainability-linked risks. This process, involving top management and management committees across all business units, ensures Globe’s proactive approach to sustainability.

Adopting a dual approach, executives set sustainability ambitions aligned with the company’s business objectives, allocating resources for their achievement. Employees, in turn, innovate and implement solutions to ensure these ambitions are met. Incentives are provided for both employees and executives, fostering greater adoption and accountability for sustainability commitments and targets.

Sustainability Councils serve as platforms for upskilling, sharing best practices, and addressing sustainability-related challenges and opportunities, ultimately benefiting customers. Internal ESG Playbooks offer practical guidance to enhance sustainability practices.

Adhering to transparency and accountability, Globe annually publishes its Integrated Report, showcasing its ESG performance and its impact on society and the environment. This year’s report marks the second year of adopting the GSMA ESG Metrics for Mobile, highlighting Globe’s material impact across industry-specific KPIs, particularly in Environment, Digital Inclusion, Digital Integrity, and Sustainable Supply Chain. The Integrated Report is externally assured, ensuring that its non-financial sustainability-related disclosures and performance data meet the reporting standards of GRI and SASB and adhere to the principles of Stakeholder Inclusiveness, Materiality, Responsiveness, Reliability, Completeness, and Neutrality.

For the first time, Globe has secured an Independent Verification Statement, certifying the fair representation of its GHG emissions data, encompassing Scope 1, Scope 2, and Scope 3 emissions.

For more information on Globe’s sustainability initiatives, visit https://www.globe.com.ph/about-us/sustainability.

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