Sustainability

Purpose-Driven Sustainability

Sustainability at Globe is anchored on The Globe Purpose, “In everything we do, we treat people right to do a Globe of Good,” and aims to contribute to the United Nations’ Sustainable Development Goals (UN SDGs) to create a Globe of Good.

As a purpose-led organization, Globe Telecom seeks to create a wonderful world by combining innovation with the power of collaboration, to achieve inclusive and sustainable development for all. As the business continues to grow, the company strengthens its contribution to nation-building with an engaged and empowered workforce. Hinged on four (4) sustainability strategy pillars: Digital Nation, Care for the Environment, Care for People, and Positive Societal Impact, the company commits to contribute to ten (10) UN SDGs.

SUSTAINABILITY INITIATIVES

Featured Programs

Help us achieve our goal of creating a Globe of Good by joining one of our programs.

United Nations Global Compact

We believe that commitment to responsible business practices and respect for Human Rights are important components of our business operations, overall employee welfare, and good corporate governance.

As a signatory to the UN Global Compact, we commit to support and uphold the ten Principles on Human Rights, Labor, Environment, and Anti-Corruption.

Human Rights

Principle 1

Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2

make sure that they are not complicit in human rights abuses.

Labor

Principle 3

Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4

the elimination of all forms of forced and compulsory labor;

Principle 5

the effective abolition of child labour; and

Principle 6

the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7

Businesses should support a precautionary approach to environmental challenges;

Principle 8

undertake initiatives to promote greater environmental responsibility; and

Principle 9

encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

Principle 10

Businesses should work against corruption in all its forms, including extortion and bribery.

FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Globe Telecom has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index 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 indices are used by a wide variety of market participants to create and assess responsible investment funds and other products.

^{Globe discloses its environmental impacts through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. CDP drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources, and protect forests. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the over 920 cities, states, and regions that disclosed in 2019, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change.}

^{MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. Learn more about MSCI ESG ratings here.

MSCI ESG Research provides in-depth research, ratings and analysis of the environmental, social and governance-related business practices of thousands of companies worldwide. Our research is designed to provide critical insights that can help institutional investors identify risks and opportunities that traditional investment research may overlook. The MSCI ESG Ratings are also used in the construction of the MSCI ESG Indexes, produced by MSCI, Inc. Visit ESG Investing for more information.}

Disclaimer

In April 30 2020, Globe Telecom, Inc. received an ESG Risk Rating of 25.5 and was assessed by Sustainalytics to be at MEDIUM risk of experiencing material financial impacts from ESG factors. Globe Telecom, Inc. ESG Risk Rating places it in the 77/194 of the Telecommunications industry assessed by Sustainalytics.