Globe continues to uphold its commitment to sustainability by shifting another facility in Visayas to Renewable Energy (RE) via the Green Energy Option Program (GEOP) of the Department of Energy (DOE). This is part of the company’s Climate Action Strategy and in line with the Ayala Group’s commitment to achieving Net Zero Greenhouse (GHG) emissions by 2050 and the country’s carbon emission reduction target.
With the addition of the Iloilo facility, Globe now has a total of 25 high-energy utilization sites running on renewable energy as of end-March. Other locations include Makati, Quezon City, Caloocan, Taguig (Head Office), Mandaluyong, San Juan, Manila, Marikina, Cavite, Laguna, Batangas, Tarlac, and Cebu.
“By shifting our high energy utilization facilities to renewable energy sources, we are contributing to the Philippines’ efforts to support the country’s sustainable energy agenda and address the associated risks of climate change,” said Rizza Eala, Chief Finance Officer (CFO), Treasurer, and Chief Risk Officer (CRO) at Globe. “We will continue to explore partnerships and innovative solutions that will enable us to reduce our carbon footprint and minimize our impact on the environment.”
Globe’s decarbonization journey began in 2019 with the purchase of renewable energy bundled with verified carbon offsets through Power Purchase Agreements (PPA). By buying from Retail Electricity Suppliers (RES), Globe aims to encourage more investments in clean energy to support its growing demand.
The digital solutions platform is dedicated to making a positive impact on the environment, and the shift to renewable energy is just one of the many steps it is taking towards achieving this goal.
Earlier, Globe joined Earth Hour by turning off unnecessary lights and non-critical equipment in its key facilities for an hour. Globe’s participation resulted in a total of 91.11 kW savings in its core facilities.
The company goes beyond Earth Hour through its energy efficiency and conservation programs, such as the deployment of green network solutions, the utilization of intelligent monitoring systems, and engagement of its supply chain.
In 2022, Globe secured the ISO 50001:2018 certification for Energy Management Systems (EnMS) in line with its Net Zero strategy. The EnMS helps implement the company’s climate ambition of transitioning to a low-carbon operation by laying out a framework for carbon reduction and operational efficiency.
The company is also exploring alternative energy solutions to reduce reliance on traditional diesel gensets and electricity from the grid, such as solar hybrid gensets and onsite solar panels.
Likewise, Globe has engaged its business partners, vendors, suppliers, and customers to ensure that sustainable practices are adopted and promoted across its value chain. It has established sustainability as an additional criteria for retail electricity suppliers (RES) and network equipment and software vendors.
“We believe that sustainability is everyone’s responsibility, and we are committed to working with our partners and customers to achieve our common goal of a more sustainable future. Together, we can make a positive impact on the environment and build a better world for future generations,” said Gerard Ortines, Head of Network Solutions and CAPEX Management at Globe.
Globe is set to submit its targets for validation by the Science-Based Target initiative (SBTi) this year. In June 2021, Globe became the first Publicly Listed Company (PLC) in the Philippines to commit to set science-based targets through the Science Based Target Initiative (SBTi) to halve its Scope 1 and 2 emissions by 2030 and officially joined as a participant of the Race to Zero campaign to achieve Net Zero by 2050.
####
