Potential offtaker

Globe Telecom, Inc.

www.globe.com.ph

Estimated electricity consumption

N/A

Countries of production presence

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Globe Telecom, Inc. is a telecommunications company based in the Philippines that operates in the mobile text messaging (SMS) sector. Founded in 1935, the company has since grown to become one of the largest telecommunications providers in the country, with a market share of over 50%.

In recent years, Globe Telecom has made significant strides in its efforts to reduce its carbon footprint and promote decarbonisation. The company has set ambitious targets to reduce its greenhouse gas emissions by 30% by 2030, as part of its commitment to the United Nations Sustainable Development Goals. To achieve this goal, Globe Telecom has implemented a range of initiatives to reduce its energy consumption and promote the use of renewable energy.

One of the key strategies that Globe Telecom has adopted to reduce its carbon footprint is the implementation of corporate energy management programs. These programs are designed to help the company identify areas where energy consumption can be reduced and to implement measures to achieve these reductions. Globe Telecom has implemented a range of energy-saving measures, including the use of energy-efficient lighting and HVAC systems, the installation of solar panels, and the adoption of energy-efficient IT equipment.

Another important initiative that Globe Telecom has undertaken to promote decarbonisation is the use of corporate power purchase agreements (PPAs) for renewable energy. PPAs are contracts between a company and a renewable energy provider, which allow the company to purchase renewable energy directly from the provider. By using PPAs, Globe Telecom is able to reduce its reliance on fossil fuels and promote the development of renewable energy projects in the Philippines.

Globe Telecom has also made significant investments in renewable energy projects, including the development of solar power plants and the installation of wind turbines. These projects not only help to reduce the company's carbon footprint, but also contribute to the development of the renewable energy sector in the Philippines.

In addition to its efforts to promote decarbonisation, Globe Telecom is also committed to promoting sustainability and social responsibility. The company has implemented a range of initiatives to support local communities, including the provision of education and healthcare services, and the promotion of environmental conservation.

Overall, Globe Telecom is a company that is committed to promoting sustainability and reducing its carbon footprint. Through its corporate energy management programs, use of corporate PPAs for renewable energy, and investment in renewable energy projects, the company is making significant strides towards achieving its decarbonisation goals. As the Philippines continues to develop its renewable energy sector, Globe Telecom is well-positioned to play a leading role in promoting sustainable development and reducing the country's reliance on fossil fuels.