MANILA, Philippines - Globe, a leading telecommunications company in the Philippines, reaches another milestone in the industry as the first telecommunications firm in the country to release a corporate social responsibility (CSR) and sustainability report using the internationally recognized Global Reporting Initiative (GRI) standards.
The pioneering Globe sustainability report provides a detailed account of Globe CSR programs in 2008 with focus on its economic, social, and environmental impact in the community. The report also highlighted major CSR accomplishments implemented during the past five years through its flagship program Globe Bridging Communities (Globe BridgeCom).
The report follows the GRI’s Sustainability Reporting Guidelines (GRI G3), an international framework for measuring and reporting of economic, social, and environmental impacts. The GRI reporting framework is the most accepted international reporting framework applicable to corporations of any size, type or location. Many companies worldwide, including many of the worlds leading brands, have declared their voluntary adoption of the GRI guidelines.
“We are pleased that we have successfully integrated sustainable CSR programs into our overall business model. This report not only measures the investment Globe has made in communities, but more importantly the impact we have made toward developing sustainable platforms for growth in these communities. This demonstrates our vigorous commitment towards systematically building sustainable business models that are aligned with our social development goals,” said Globe president Ernest Cu.
Globe CSR report is among the recently released corporate sustainability reports published by the companies of the Ayala group. This is in line with the Ayala group’s commitment to sustainable development by integrating environmental and social programs in its business operations.