Leading digital solutions platform Globe received the prestigious SDG Award for Planet at the 3rd Annual Sustainable Development Goals (SDG) Awards for its impactful Net Zero program focused on the use of renewable energy (RE).
The SDG Awards, hosted by Global Compact Network Philippines, celebrates private sector contributions to advancing the UN SDGs. They are given to participating companies of the UN Global Compact that have made outstanding achievements in their sustainability programs under the four categories of People, Planet, Prosperity, and Micro, Small and Medium Enterprises (MSME).
The SDG Award for Planet highlights Globe’s proactive measures in significantly reducing Scope 2 greenhouse gas (GHG) emissions, a critical step in its ambitious goal to contribute in reducing global emissions by half in 2030 and achieve Net Zero by 2050. This achievement is particularly commendable considering the high energy demands of the telecom industry.
“This award not only serves as a significant milestone for Globe, but it also reinforces our dedication to integrating climate action into our network operations, showcasing how businesses can contribute in addressing global challenges,” said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer of the Globe Group.
“Our ongoing efforts to adopt sustainable energy sources are a testament to our commitment to align our business goals with the broader global agenda for a sustainable future.”
Globe has been steadily increasing its sites shifted to RE, starting with high-energy utilisation facilities and continuously improving operational energy efficiency. In 2019, the company embarked on a decisive phase of its decarbonisation journey by adopting a strategy of sustainable power purchasing of RE, coupled with verified emission reduction certificates through Power Purchase Agreements (PPA). To date, Globe has shifted a total of 25 sites to renewable energy through PPAs.
The measures adopted by Globe not only adhere to the national renewable energy programs but also support the Philippines’ goal under the Paris Agreement for a 75 per cent reduction in carbon emissions by 2030. They are also in sync with national priorities on climate action and comply with industry standards set by the GSMA, the international mobile industry association.
Globe’s commitment to greening its operations has already earned several recognitions, notably the Most Sustainability Driven Mobile Network Operator in the Philippines in 2022. It is a testament to the company’s relentless pursuit of environmental protection as it integrates climate action into its network operations.
Globe is also a Participant in the United Nations Global Compact and has committed to uphold the Ten Principles in the areas of human rights, labor, environment and anti-corruption. It also supports 10 out of the 17 UN Sustainable Development Goals, with particular focus on SDG 9 - Industry, Innovation and Infrastructure, and SDG 13 - Climate Action. As a Participant to the #RaceToZero campaign of United Nations Framework Convention on Climate Change (UNFCCC), Globe has committed to set a science-based target through the Science-Based Targets initiative (SBTi).
To learn more about Globe, visit https://www.globe.com.ph/.