Picture this: a bustling city like Manila, Philippines, where the hustle and bustle never stop. Among the skyscrapers and jeepneys, Globe is making waves, not just in telecom but in leading the charge for sustainability. In a world where environmental consciousness is becoming a buzzword, Globe is not just talking the talk but walking the walk.
Why is Globe's consistent "AA" rating in the MSCI ESG Ratings worth celebrating? It's simple. The rating is a testament to Globe's proactive approach in tackling industry-specific ESG risks. MSCI, a trusted research firm, assesses companies globally, and Globe's high rating places it among the leaders. This isn't just about numbers; it's about creating a ripple effect of change in the telecom industry.
Now, let's delve into the heart of Globe's efforts—decarbonization. Globe has embraced the mission to cut down its carbon footprint, and it's not just about lofty promises. With science-based net zero targets approved by the Science Based Targets initiative (SBTi), Globe is setting a precedent for other companies to follow.
In 2023, Globe slashed its emissions by 18%, a significant achievement driven by various green initiatives. From energy management programs to increased usage of renewable energy, Globe is proving that environmental responsibility is achievable. The cherry on top? Third-party verification of their GHG emissions data ensures transparency and accountability.
In the digital age, trust is key. Globe understands this and has invested heavily in cybersecurity. Imagine spending a whopping US$101.2 million since 2015 to ensure customer data is safe and sound. That's not just dedication; it's a promise to safeguard the digital realm.
Through Risk Based Vulnerability Management (RBVM) and regular audits, Globe is staying ahead of potential threats. It's like having a digital fortress, ensuring the integrity of its infrastructure. When you think of Globe, think of a company that values digital trust as much as it values its network coverage.
Globe's commitment to sustainability doesn't stop at environmental initiatives. It's also about nurturing its employees and the communities it serves. With benefits like the myChoice FlexBen Program, Globe is offering its employees more than just a job—it's giving them a platform for growth.
Recognizing tenured employees through the Longevity Award Program and encouraging the use of electric vehicles through the G-Evolution Program are just a few examples. It's no wonder Globe has been recognized for the fourth consecutive year as one of HR Asia's Best Companies to Work For in Asia.
Globe's Board Risk Oversight and Sustainability Committee (BROSC) plays a pivotal role in overseeing these sustainability efforts. By fostering a culture of responsibility, Globe is setting a benchmark for others to follow. It's not just about being a corporate giant; it's about being a responsible corporate citizen.
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In conclusion, Globe's journey in Manila, Philippines, is more than just a tale of telecom success. It's a story of transformation, resilience, and an unwavering commitment to sustainability. Globe's consistent "AA" rating in the MSCI ESG Ratings is a reflection of its dedication to ethical business practices and its role as a leader in the telecom industry. As Globe continues to innovate and adapt, it paves the way for a greener, more sustainable future for all.
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