Globe Telecom, Inc. said it is expanding its sustainability initiatives after achieving an A-Climate Score from CDP in 2025, symbolizing its joining the global environmental disclosure platform.
“This CDP Climate Leader rating reflects a clear commitment to disciplined action, strong governance and transparency… It confirms that our climate strategy is both credible and measurable,” Yoli C. Crisanto, Globe’s chief sustainability and corporate communications officer, said in a media release on Monday.
CDP, formerly known as the Carbon Disclosure Project, is a non-profit organization that operates a global environmental disclosure system for companies and cities.
Its disclosure system assesses how organizations manage climate change, water security and deforestation.
CDP has established a scoring framework that evaluates companies based on depth of risk awareness, quality of management and strategy, and evidence of leadership through performance.
Globe said its A-Climate score reflects its continued focus on incorporating sustainability initiatives into its operations.
The telecom company said it has converted 171 cell sites, corporate offices and other facilities to renewable energy.
Globe said it is also accelerating the transition of cell sites and other low-energy use facilities to renewable energy as part of its net-zero goal by 2025.
The recognition will be added to its “growing list of sustainability milestones, including international and regional awards for ESG performance and environmental leadership,” Globe said.
In a separate media release, Globe said it will also expand its prepaid offerings to connect more users to fifth generation (5G) mobile networks as the company aims to expand its 5G reach.
The company had earlier said that its 5G coverage was about 97%.
The launch is also in line with the Konektadong Pinoy Act, citing the measure's goal of providing reliable and accessible internet.
At the stock exchange on Monday, the company's shares closed P2, or 0.12% lower, at P1,617. -Ashley Erica O. jose