Globe Telecom Inc. retains 10th consecutive year on FTSE4Good Index Series, solidifying position as ESG leader.

Globe Telecom has retained its inclusion in the FTSE4Good Index Series for the 10th consecutive year, reflecting its commitment to ESG leadership. The company has progressed from compliance efforts to a strategic pursuit of sustainability, with a data-driven approach and alignment with global principles. Globe aims to deliver value to shareholders and society, including decarbonizing operations and fostering an inclusive workplace.

Title: Globe Telecom's Decade-Long Streak on FTSE4Good Index Series Reflects Commitment to ESG Leadership

Globe Telecom Inc. (Globe) has retained its inclusion in the FTSE4Good Index Series for the 10th consecutive year, a testament to its commitment to environmental, social, and governance (ESG) leadership. This milestone reflects the company's strategic pursuit of sustainability, moving beyond compliance efforts to a more holistic approach [1].

The FTSE4Good Index Series, created by FTSE Russell, evaluates companies based on their ESG performance. Globe's inclusion signifies that it meets stringent criteria in areas such as corporate governance, health and safety, anti-corruption, and climate change [1].

Globe's sustainability journey began with early compliance efforts and has evolved into a strategic pursuit, guided by its purpose of creating a "Globe of Good." The appointment of a Chief Sustainability Officer nearly a decade ago, along with the support of major stockholders and executives, has accelerated this progress [1].

Key to Globe's sustainability framework is a data-driven approach, ensuring that its strategies and programs remain relevant and impactful. ESG considerations are deeply embedded across the organization, from board-level oversight to performance tracking for employees, with 10% of the balanced scorecard dedicated to ESG goals [1].

Globe is a participant in the UN Global Compact and has SBTi-validated emission reduction targets aligned with the Paris Agreement. The company aims to decarbonize its operations and value chain to achieve net-zero by 2050, fostering an inclusive workplace, engaging communities, and upholding good corporate governance [1].

In addition to its ESG leadership, Globe has demonstrated strong financial performance. In the second quarter of 2025, Globe reported significant growth in core net income and maintained a robust EBITDA margin, driven by sustained data usage and cost optimization initiatives [2]. The company's focus on data-related services, which now account for 88% of total revenues, reflects its strategic alignment with the ongoing digital transformation in the Philippines [2].

Globe's balance sheet remains robust, with gross debt of PHP 247.9 billion and a gross debt to EBITDA ratio of 2.65x, well within the bank covenant maximum of 3.5x. The company's disciplined capital expenditure approach, which has been reduced to PHP 18.9 billion in the first half of 2025, has allowed it to optimize its asset portfolio while maintaining network quality [2].

Globe is also expanding its digital ecosystem beyond telecommunications through its fintech arm, Mynt, which contributed 26% of the company's first-half net income before tax. GCash, the operator of Mynt, continues to scale its financial services, with loan disbursements reaching PHP 287 billion and 9.5 million unique borrowers [2].

Looking ahead, Globe aims for low to mid-single digit service revenue growth while maintaining an EBITDA margin of approximately 50%. The company expects cash capital expenditure to remain below USD 1.0 billion and aims to generate positive free cash flow by the end of 2025 [2].

Globe Telecom's stock closed at PHP 1,730 on August 6, 2025, down 0.69% or PHP 12 from the previous session, but maintains an impressive dividend yield of 11.11%, making it an attractive option for income-focused investors [2].

References
[1] https://www.prnewswire.com/news-releases/globe-telecom-inc-secures-decade-long-streak-on-ftse4good-reinforces-position-as-esg-leader-302526395.html
[2] https://www.investing.com/news/company-news/globe-telecom-q2-2025-slides-datadriven-recovery-with-30-core-income-growth-93CH-4173603