Globe Telecom Inc. on Wednesday announced its continued inclusion in the FTSE4Good Index Series, marking a 10 consecutive years of recognition for its robust Environmental, Social, and Governance (ESG) performance.
The FTSE4Good Index Series, developed by global index and data provider FTSE Russell, is a leading tool for measuring the performance of companies with strong ESG practices. These indexes are widely utilized by market participants to create and evaluate responsible investment funds and products.
Companies are assessed on various criteria, including corporate governance, health & safety, anti-corruption, and climate change.
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,” she said.
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 percent of their balanced scorecard allotted to sustainability initiatives.
