PLDT Inc. has been included in the ATR Asset Management (ATRAM) Philippine Sustainable Development and Growth Fund, the only telecommunications firm in the fund’s top three holdings.
Following the fund’s annual review on its second year, PLDT was added to the fund’s holdings with a weight of 7 percent following Century Pacific Food Inc. with a weight of 7.4 percent.
“We are very pleased with our inclusion in ATRAM’s sustainability-based equity investment portfolio as it recognizes the PLDT Group’s long-term commitment to sustainable business practices. While much still needs to be done, this affirms that our efforts and plans to address environmental, social and governance issues are directed towards areas that matter. Even as we ramp up initiatives to ensure the best customer experience and pursue improvement in our profitability, we are doing so without forgetting our responsibility as a steward of the planet for the next generation,” said Melissa Vergel de Dios, first vice president and chief sustainability officer at PLDT.