GLOBE MSCI ESG RATING SOARS TO AA, HIGHEST IN PH TO DATE

 

Globe achieved a ratings upgrade to AA from MSCI, marking the highest rating among companies and within the telco industry in the Philippines to date (Photo: Business Wire) 

MANILA, Philippines, Sept 1 (Bernama-BUSINESS WIRE) -- Top digital solutions platform Globe has achieved a historic milestone in its commitment to sustainability, as it achieved a ratings upgrade to AA from MSCI, marking the highest rating among companies and within the telco industry in the Philippines to date. 
 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230830711999/en/  

MSCI ESG Research provides MSCI ESG Ratings on global public and a few private companies on a scale of AAA (leader) to CCC (laggard), according to exposure to industry-specific ESG risks and the ability to manage those risks relative to peers. These evaluations are based on governance structures, policies, targets, quantitative performance metrics, and any relevant controversies.

The firm’s ESG Research aims to provide investors with insights into the ESG risks and opportunities of companies worldwide. With Globe's upgrade from BBB to A in 2020, and now to AA, it is recognized as an ESG leader, effectively managing its exposures to ESG risks.

“This MSCI AA rating is a testament to Globe's steadfast commitment to sustainability practices, and a historic feat for the Philippines in itself. As we put our sustainability ambitions into action and embed its principles in the way we do business, we are proud to set the benchmark for ESG practices in the industry and the country,” said Yoly Crisanto, Globe Group Chief Sustainability and Corporate Communications Officer.

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