Globe Telecom Earns Recognition as One of World's Most Sustainable Companies for the Second Year in a Row
Globe Telecom Recognized for Sustainability Excellence
For the second year running, Globe Telecom has achieved a remarkable milestone by being featured in TIME and Statista's list of the World's Most Sustainable Companies for 2026. This prestigious recognition underscores Globe's unwavering commitment to integrating responsible business practices and long-term value creation in its operations. Remarkably, it is the sole telecommunications entity from the Philippines to secure a position on this esteemed global list.
The selection process for this list was rigorous, involving over 5,000 of the world’s most influential corporations. Participants were assessed using more than 20 key performance indicators, focusing on sustainability criteria such as Sustainable Business practices, Commitment and Ratings, Reporting and Transparency, and Environmental and Social Stewardship. Ultimately, the list featured the top 750 companies worldwide, including Globe, solidifying its reputation as a leader in sustainable practices.
Globe's recognition is not merely a badge of honor; it illustrates the potential of Philippine businesses to compete on a global scale in terms of sustainability, governance, and transparency. In a world where sustainability has become a critical benchmark for investors, customers, and community stakeholders, this accolade amplifies the message that enterprises in the Philippines can achieve the same standards of accountability expected from leading global corporations.
In the words of Carl Cruz, President and CEO of Globe, "Earning a place on this global ranking demonstrates that Philippine firms can meet the highest global standards for sustainability, transparency, and responsible governance." He further stated that sustainability practices are becoming essential for establishing trust, creating lasting value, and maintaining competitive advantage in a fast-paced and evolving landscape.
The recognition arrives at a pivotal moment, as corporate sustainability is increasingly intertwined with public trust. Besides environmental metrics, the ranking evaluates firms on governance, transparency, accountability, external ratings, and social impacts. Companies are now expected to create value not just through their offerings, but also by managing risks responsibly and fulfilling long-term commitments.
Globe Telecom's performance in sustainability is measurable and impactful. The company has made remarkable strides in its decarbonization strategy, achieving a year-on-year reduction of 15.13% in gross Scope 1 and 2 greenhouse gas emissions and a 9.49% reduction in its Scope 3 emissions. These results surpass Globe's annual reduction targets of 4.2% and 2.5%, respectively. Furthermore, the company has made significant strides in transitioning to renewable energy, expanding its use across approximately 700 sites as of May 2026, with ambitious plans to reach at least 3,000 locations by 2028.
As companies adapt to rising expectations regarding environmental, social, and governance performance, Globe continues to weave sustainability into the fabric of its operations, investments, and stakeholder engagement. The acknowledgment from TIME and Statista reaffirms Globe's belief that sustainable growth and trusted leadership are intrinsically linked, showcasing a roadmap for other companies to follow.
About Globe Telecom
Globe Telecom, Inc. stands as a leading digital platform in the Philippines, engaging in telecommunications, fintech, venture building, shared services, and digital marketing. The company is publicly traded on the Philippine Stock Exchange under the symbol GLO and provides a comprehensive suite of mobile, broadband, data, and managed services tailored to meet the needs of both consumers and businesses alike.
Acknowledged as a participant of the UN Global Compact, Globe is the first Philippine firm listed publicly to have approved targets grounded in science, aligning with the Science Based Targets Initiative (SBTi). The firm’s consecutive recognition in the Fortune Southeast Asia 500 for 2024 and 2025 further attests to its leadership and growth in the region. Globe Telecom is backed by industry giants Ayala Corporation and Singtel, underscoring its prominence in the telecommunications field across Southeast Asia.