Globe announces it has been included in the FTSE4Good Index Series. This marks a full decade of being recognized for strong Environmental, Social, and Governance (ESG) performance in the country.
Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the overall performance of companies demonstrating strong ESG practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.
FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption, and Climate Change. Businesses included in the FTSE4Good Index Series meet a variety of environmental, social, and governance criteria.
Globe stands alongside Ayala Corporation, ACEN, Ayala Land, and BPI in the list of FTSE4Good Index Series constituents, and among the only 14 Philippine companies on the index.
“This recognition is not just a badge. It reflects years of effort to embed and champion sustainability into how we do business,” said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer at Globe. “We have always believed that long-term growth comes with long-term responsibility.”
Globe’s sustainability journey has progressed over time, from early compliance efforts to a more strategic pursuit, rooted in its Purpose of creating a Globe of Good. The appointment of its Chief Sustainability Officer nearly a decade ago, coupled with guidance from its major stockholders and Globe executives, accelerated the advancement of sustainability in the company. Critical to this progression is Globe’s alignment with global sustainability and corporate governance principles, alongside the adoption of leading sustainability reporting frameworks and standards.
At the core of Globe’s sustainability framework is a data-driven approach, which ensures that its strategies and programs remain relevant and deliver impactful results. The company has also adopted robust enterprise risk management frameworks to proactively address potential challenges. Furthermore, sustainability is deeply ingrained into the organization’s performance culture: the Board provides oversight on ESG-linked risks and opportunities, and employees have ESG-linked performance tracking, with a dedicated 10% of their balanced scorecard allotted to sustainability initiatives.
As Globe continues to navigate a fast-changing world, its commitment remains clear: deliver value not just to shareholders, but to society at large. This includes decarbonizing its operations and value chain to achieve net-zero by 2050, fostering an inclusive workplace, engaging communities to deliver positive societal impact, and upholding good corporate governance.
The company’s integrated report, published annually, reflects this transparency and is aligned with global sustainability frameworks. This report, including its greenhouse gas emissions accounting, undergoes a third-party assurance and can be accessed at https://www.globe.com.ph/about-us/sustainability/integrated-report.
Public Company Information:
PSE: GLO
