Recognizing the impact of environmental and social issues concerns on the global economy, Globe Telecom has reiterated its commitment in integrating sustainability in its core operations at the 2013 ASEAN Corporate Sustainability Summit held recently in Manila.
“Globe Telecom is adding its voice to the clamor for green initiatives and sustainability,” said Yoly Crisanto, Globe Telecom’s corporate communications head, acknowledging that the telecommunications industry is a huge canvass for various sustainability efforts because of its scale of operations.
The ASEAN Corporate Sustainability Summit provided a venue for top corporations in the ASEAN region on to share their experiences in mainstreaming sustainability into organizational thinking and practice. The forum was aimed at shedding light on how companies could move beyond corporate social responsibility and take into account sustainability in their strategy, finances and operations.
Speaking at the forum, Crisanto noted that in all operational aspects, from transportation to energy consumption, there are potential risks to the community and its surrounding ecosystem. “Fully recognizing its impact, Globe Telecom has committed to make a difference in this part of the world by taking up the challenges of sustainability,” Crisanto emphasized.
The company’s $700 million network modernization, once completed, will enable the company to become the first green mobile network in the country. In support of its sustainability initiatives, the company also spends vast resources in environment protection and reduction of carbon use, she said.
The company’s sustainability efforts seem to be paying off as the company achieved two consecutive years of strong financial growth despite intense competition.
“Globe Telecom, being a public utility company, can best serve the Filipino nation by ensuring that as we transform the lives of our people with technology and mobile solutions, we also do our share in protecting this viable ecosystem we are in,” Crisanto said. “We are a responsible corporate advocate and in so doing, we create a Globe of Good and make our world safe and green for this generation of Filipinos and the next.”
Globe Telecom was also a major sponsor of the event, which featured delegates from the Southeast Asian region from industry, government, regulatory bodies, multilateral agencies and the academe.
Globe Telecom’s 2012 Annual and Sustainability Report was given a B+ rating by TUV Rheiland under the Global Reporting Initiative (GRI) G 3.1. The G 3.1 framework is the most accepted international reporting framework applicable to corporations of any size, type or location. It sets the standard on which organizations shall measure their economic, environmental, and social performance.