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Monday, May 20, 2024

Globe’s Batangas facility switches to clean energy

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Globe Telecom Inc. said Thursday it shifted another key facility in Batangas to renewable energy, growing its network of clean energy facilities to 25.

The facility in Nasugbu follows its site in Bolbok. Other key facilities within the Globe group which now operate on renewable energy are in Cavite (5), Quezon City (4), Cebu (3), Makati (2) and one each in Caloocan, Taguig (Globe’s head office), Mandaluyong, San Juan, Manila, Marikina, Laguna, Tarlac and Iloilo.

Globe said the move is in line with its goal to achieve Net Zero Greenhouse Gas emissions by 2050, reflecting its support for the commitment made by its parent company Ayala Corporation.

Globe aims to source 44 percent of its electricity from RE by 2030, and 98 percent by 2050, in accordance with regulatory timeline movements.

The GEOP initiative allows consumers to source RE from a licensed supplier, providing a greener alternative to traditional energy sources.

“The continuous shift of our high-energy sites to renewable energy is a reflection of Globe’s unwavering commitment to sustainability,” said Globe assistant vice president for regional network operations Butch Kalalang.

“By harnessing the regulatory provisions to shift to renewable energy, we are reducing our reliance on traditional energy sources and improving our operational efficiency through innovative network solutions and energy-efficient equipment. We are not only contributing to global climate action but also paving the way for a greener Philippines,” he said.

The company embarked on its decarbonization journey in 2019 by purchasing RE bundled with verified emission reduction certificates through power purchase agreements.

This is in line with the government’s RE policy and the country’s commitment to the Paris Agreement for a 75-percent reduction in carbon emissions by 2030.

“Globe’s commitment to renewable energy is more than a corporate goal; it’s a pledge to our planet and future generations. By shifting to renewable energy sources, we are not only reducing our carbon footprint but also encouraging more investments in clean energy,” said Globe chief finance officer Rizza Maniego-Eala.

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