GLOBE Telecoms on Thursday said it received an “A” rating anew this year from the international investment research firm MSCI ESG, which reflects their strong commitment to operationalize sustainability across its business guided by global environmental, sustainability and governance (ESG) standards.
MSCI Inc. is the world’s largest provider of Environmental, Social and Governance (ESG) Indexes1with over 1,500 equity and fixed income ESG Indexes designed to help institutional investors more effectively benchmark ESG investment performance and manage, measure and report on ESG mandates. MSCI Inc.
MSCI’s A rating reflects a company’s mixed or exceptional track record of managing the most significant ESG risks and opportunities relative to industry peers.
Globe said that their Environmental Sustainability Policy firms up the company’s commitment to limit global temperature increase below 1.5 degrees centigrade through using energy-efficient technologies, alternative energy sources, and energy-saving technology and equipment.
The policy also declares Globe’s commitment to resource efficiency and natural resources conservation. This includes the continuous effort to strive for circularity for plastic, paper, and electrical and electronic materials.
With Additional Report: The Manila Times, Francis Earl Cueto
