Globe Secures Spot in FTSE4Good Index for 9th Consecutive Year

#Globe has retained its position in the prestigious FTSE4Good Index Series for the ninth consecutive year, highlighting its unwavering commitment to sustainable practices.

 

What is the FTSE4Good Index?

Created by global index and data provider FTSE Russell, the FTSE4Good Index Series measures the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. These indexes are used by various market participants to create and assess responsible investment funds and other products.

Evaluation Criteria

FTSE Russell evaluations are based on performance in areas such as:

• Corporate Governance
• Health & Safety
• Anti-Corruption
• Climate Change

Businesses included in the FTSE4Good Index Series meet a variety of ESG criteria.

Commitment to Sustainability

“We are dedicated to driving positive change within our organization and the communities we serve. This recognition motivates us to further our efforts and continue being a responsible corporate citizen,” said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer at Globe.

Sustainability Practices at Globe

Globe has embedded sustainability into its core operations, starting with identifying its material topics. Through its biennial materiality study, the company prioritizes the key concerns of its stakeholders. Globe also conducts an enterprise-level risk assessment exercise where sustainability-linked risks are included. This yearly activity ensures that Globe remains vigilant and proactive in its sustainability efforts.

Top-Down and Bottom-Up Approach

Executives set the sustainability ambitions, align them with the company’s business objectives, and allocate the necessary resources to reach their goals. Employees innovate and come up with solutions to ensure that the ambitions are on track. Both employees and executives are provided incentives to drive greater adoption and accountability of sustainability commitments and targets.

Sustainability Councils and ESG Playbooks

Sustainability Councils have been established as platforms to upskill, share best practices, and discuss sustainability-linked challenges and opportunities. Internal ESG Playbooks offer practical guidance.

Transparency and Accountability

Globe annually publishes its Integrated Report to share its ESG performance. This report summarizes how Globe creates value for and with its stakeholders to deliver positive societal and environmental impact. The report also marks the second year of adopting the GSMA ESG Metrics for Mobile, highlighting the company’s material impact across the mobile industry’s industry-specific KPIs, particularly in Environment, Digital Inclusion, Digital Integrity, and Sustainable Supply Chain.

The Integrated Report is externally assured to ensure that the non-financial sustainability-related disclosures and performance data meet the reporting standards of GRI and SASB and the principles of Stakeholder Inclusiveness, Materiality, Responsiveness, Reliability, Completeness, and Neutrality.

Independent Verification Statement

For the first time, Globe has secured an Independent Verification Statement certifying the fair representation of the GHG emissions data of Globe, covering Scope 1, Scope 2, and Scope 3 emissions.

For more information on Globe’s sustainability initiatives, please visit Globe’s Sustainability Page.

FAQs

1. What is the FTSE4Good Index? The FTSE4Good Index Series measures the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices.

2. How does Globe ensure its sustainability practices? Globe conducts a biennial materiality study and an enterprise-level risk assessment exercise to prioritize and address sustainability-linked risks.

3. What are Sustainability Councils? Sustainability Councils are platforms established by Globe to upskill, share best practices, and discuss sustainability-linked challenges and opportunities.

4. What is the Integrated Report? The Integrated Report is an annual publication by Globe that shares its ESG performance and summarizes how the company creates value for and with its stakeholders.

5. What is the Independent Verification Statement? The Independent Verification Statement certifies the fair representation of Globe’s GHG emissions data, covering Scope 1, Scope 2, and Scope 3 emissions.