Globe bags Platinum award for environmental, social and corporate governance
Date:
January 17, 2018
Leading telecommunications firm Globe Telecom reaped another major accolade for its environmental, social and corporate governance (ESG) initiatives, winning the award for the sixth time in the past nine years.
Globe again won the Platinum award given by The Asset Corporate Awards, the longest-running ESG award-giving body in Asia.
Globe Telecom won the Platinum award for the sixth time, having also won in 2016 and previously in 2014, 2013, 2010 and 2009.
The award highlights the company’s consistent performance in its ESG efforts. The award is bestowed annually by leading research firm Asset Benchmark Research.
“We are grateful for this recognition as we strive to manage our business impact while contributing to positive social change. Embedding sustainability practices in our business guide us in our decision-making processes to further improve our service to Globe customers and delight our shareholders,” said Yoly Crisanto, Globe chief sustainability officer.
The Asset Corporate Awards consists of three categories: Platinum, Gold and Titanium. It requires a rigorous benchmarking service for listed companies in the region in the area of corporate sustainability, which allows firms to join an exclusive and elite sphere of top corporations.
The criteria for evaluating the companies include a wide range of metrics regarding financial performance, which is also a barometer for gauging management acumen.
Companies are also evaluated according to the quality of their governance, social and environmental responsibility, and investor relations.
Since its inception in 2001, the Asset Corporate Awards has enabled past winners to bolster their credentials to showcase their ESG efforts.
Source: https://goo.gl/cxUbsD
