Globe Telecom Inc. has shifted ten more of its facilities in Luzon and Visayas to renewable fuel, bringing the total of its clean energy sites to 24 todate.
To reduce carbon emissions, Globe recently partnered with ACEN, the renewable energy platform of the Ayala Group, to run its Cavite, Cebu, Quezon City, Manila, Marikina, and Laguna sites on clean energy.
Aside from The Globe Tower in Taguig, the telco has other facilities already running on green energy, six in Quezon City, five in Cavite, three in Cebu, two in Makati, and one each in Mandaluyong, San Juan, Manila, Marikina, Laguna, Batangas, and Tarlac.
Globe started its decarbonization journey in 2019 by buying renewable energy bundled with verified carbon offsets through Power Purchase Agreements (PPA).
This recent shift harnessed the Department of Energy’s Green Energy Option Program (GEOP).
It allows consumers, with a monthly average peak demand of 100 kilowatts (KW) and above, to directly engage with renewable energy suppliers and ensure that the facility consumes energy from renewable resources.
Globe's recent partnership with ACEN enables its facilities to use ACEN’s renewable energy portfolio, specifically solar energy and geothermal plants.
By purchasing renewable energy from Retail Energy Suppliers (RES), Globe aims to encourage more investments towards clean energy.
The initiative supports the Philippines’ commitment to reducing Greenhouse Gas (GHG) emissions by 75 percent in 2030 through the Nationally Determined Contribution (NDC) of the Paris Agreement.
Last year, the Ayala Corporation committed to achieve net zero greenhouse gas emissions by 2050.
The conglomerate is a major shareholder in both Globe and ACEN.
With this, both companies fully support the conglomerate’s commitment to set emission reduction targets in line with a 1.5°C future.
“This shift to renewable energy is part of Globe’s overall climate action roadmap and in support of both the country and the Ayala Group’s goal to reduce carbon emissions," stressed Rizza Maniego-Eala, Chief Finance Officer, Treasurer and Chief Risk Officer.
"We are continuously shifting our high energy utilization facilities to renewable energy sources and are looking forward to enrolling more eligible facilities as we proactively address climate-related risks,” she elaborated.
Globe is part of the United Nations-backed Race to Zero campaign to halve global emissions by 2030 and deliver a healthier, fairer zero-carbon world by 2050.
It also supports the United Nations Sustainable Development Goals, particularly UN SDG No. 13, which underscores the importance of climate action in saving lives and people’s livelihoods to address climate emergencies.
Furthermore, Globe was the first and only Philippine publicly-listed company recognized by the Science Based Target initiative (SBTi) to commit to set science-based targets aligned with the Paris Agreement’s ambition to limit global warming to 1.5 degrees Celsius compared to pre-industrial levels.