Globe, the Philippines’ leading digital solutions platform, has been included in the FTSE4Good Index Series, its seventh consecutive year to make the list.
Created by global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (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.
“We are very proud that Globe has made it to the FTSE4Good Index Series for the seventh straight year. This is a testament to the company’s dedication to implementing ESG practices across the organization’s operations to collectively attain a sustainable future,” said Yoly Crisanto, Globe’s Chief Sustainability and Communications Officer.
Rallying Globe’s internal and external stakeholders
Globe strives to integrate sustainability in the way it conducts its business operations and engage its stakeholders. Employees adhere to its Code of Conduct (CoC), which lays down the kind of discipline they should uphold in their ways of working. Earlier this year, the CoC was updated to highlight commitment to the UNGC Principles by aligning it with everyday engagement.
The company's suppliers are also encouraged to acknowledge the Supplier Code of Ethics (SCOE) and commit to its compliance, in line with their respective Codes of Conduct and in support of the economic, social, and governance aspects of sustainability.
As sustainability continues to evolve and gather more support from local businesses, Globe evaluates its policies and systems to keep them relevant and timely to address the needs of its stakeholders.
For instance, the Environmental Sustainability Policy, Health and Safety Policy, and Business Continuity Management (BCM) Policy of the company have become more comprehensive.
The Environmental Sustainability Policy reinforces Globe’s commitment to net zero, energy efficiency, resource efficiency and natural resource conservation.
The Health and Safety Policy reassures employees, partners, and the public that safety and well-being are prime considerations.
The BCM Policy ensures the resilience of the company’s critical assets, and IT and Network infrastructure.
Globe has remained consistent in its commitment to showing leadership in sustainability and value creation for its stakeholders. In 2021, the company integrated sustainability principles in their corporate balanced scorecard to help guide business units to live out the company’s purpose.
Sustainability at Globe is anchored on its Globe Purpose to treat people right to do a Globe of Good. It aims to contribute to 10 United Nations’ Sustainable Development Goals (UN SDGs) guided by the 10 UN Global Compact Principles.
By combining innovation and collaboration among stakeholders, Globe hopes to deliver impactful inclusive, and sustainable development for all.