Globe keeps top ESG rating for 2nd year in a row

August 30, 2024
2:28PM PHT

Globe has retained its top sustainability rating by the closely followed MSCI, boosting its leadership in the telecom industry’s environmental, social, and governance (ESG) space.

In a statement on Friday, Globe said it retained its MSCI ESG Rating of “AA” for the second year.

Big picture

These efforts may attract ESG-focused investors and position Globe as a reliable and forward-thinking investment, potentially leading to increased investor confidence and long-term growth prospects.

In 2023, Globe achieved an 18 percent emissions reduction, highlighting its commitment to green initiatives.

Management’s view

“Our ESG rating reflects the collective effort of our entire organization in integrating sustainability principles in the way we do business,” Yoly Crisanto, Globe’s chief sustainability and corporate communications officer, said in a statement.

“We remain dedicated to driving positive change, not only within our company but also in the communities we serve and the nation at large,” she added.

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