Latest news with #CarlCruz
GMA Network
13-07-2025
- Business
- GMA Network
DSWD distributes smartphones to 256 4Ps beneficiaries in Palawan
The Department of Social Welfare and Development (DSWD), with Globe and GCash, distributed smartphones to 256 Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries in the southern towns of Bataraza and Brooke's Point in Palawan. In a statement Sunday, DSWD said the distribution of refurbished smartphones is under the Pre-loved Phone Donation Drive, in partnership with the private sector. It is a part of the agency's 'E-Panalo ang Kinabukasan' campaign, which aims to bring digital financial literacy and tools to 4Ps families, especially those in far-flung areas. With smartphones, 4Ps beneficiaries can receive their cash grants through digital banking as well as use it for online learning and digital businesses. 'Our aim is to bring government services closer to where people are,' said DSWD Secretary Rex Gatchalian. 'With digital tools in hand, families no longer need to walk long distances just to access their cash grants. That alone can change lives,' he added. During the distribution of smartphones, the 4Ps beneficiaries also engaged in financial literacy sessions. For Carl Cruz, Globe President and CEO the initiative is about inclusion and access to opportunity: 'We hope these devices would help families not only receive their cash grants easily, but also for them to get the various opportunities to uplift their lives that technology makes possible.' 'This is more than just onboarding users, it is about financial inclusion and making sure no one gets left behind in the digital economy. Beneficiaries can receive their GCash directly and efficiently and they also gain access to digital financial services to support their daily needs.' said Oscar Enrico Reyes Jr., President and CEO of G-Xchange Inc., the mobile wallet operator of GCash. DSWD has also distributed smartphones in Navotas and Romblon. — Mariel Celine Serquiña/RF, GMA Integrated News
Korea Herald
08-07-2025
- Business
- Korea Herald
Philippine Telco Globe Named Among the World's Most Sustainable Companies for 2025
Only PH Telco in the list of 500 global sustainability frontrunners MANILA, Philippines, July 8, 2025 /PRNewswire/ -- Globe, a leading digital solutions platform and telecommunications provider in the Philippines, has been named as World's Most Sustainable Companies 2025 by TIME Magazine and Statista—the only telco from the Philippines included in the prestigious global ranking. This recognition puts Globe among 500 companies worldwide that stand out for their environmental, social, and governance (ESG) performance, selected from over 5,000 firms across more than 30 countries. With only 11 companies from Southeast Asia making it to the list, the inclusion highlights how companies in emerging markets are gaining ground in global ESG leadership. "This recognition is meaningful for us, especially as we continue to leverage telecommunications and technology for nation-building through sustainable practices," said Globe President and CEO Carl Cruz. "Sustainability is not just about targets—it's about making real progress for the people and communities we serve. Being included in this list affirms that we're on the right track, and underscores our commitment to continuous improvement." The ranking evaluated companies based on more than 20 indicators, including commitments and third-party ESG ratings, adoption of sustainability reporting standards, and environmental and social stewardship. Among the key ESG practices and milestones of Globe are: As the country's largest mobile network and a major contributor to digital infrastructure of the Philippines, Globe plays a critical role in advancing digital inclusion while accelerating its shift to clean energy. In 2024, 24% of its electricity came from renewable sources, with a plan to transition over 150 additional sites in the next two years. Globe has also deployed 38,000+ green network solutions, such as energy-efficient hardware and alternative fuel sources, contributing to lower greenhouse gas emissions. On the social front, Globe continues to foster an inclusive workplace culture, with women representing 44% of its workforce and the provision of same-sex benefits for employees. Globe also holds ISO 45001:2018 certification for its occupational health and safety management system, prioritizing employee well-being. "Our inclusion in this global list reflects our strategic push to elevate ESG from compliance to business contributor," said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer. "We are proud to represent the Philippines on the world stage and show that homegrown companies can lead with impact." Ayala Land, Inc., another company in the Ayala Group was also recognized in the same TIME list, further underscoring the group's collective commitment to responsible and sustainable business practices.
Yahoo
08-07-2025
- Business
- Yahoo
Philippine Telco Globe Named Among the World's Most Sustainable Companies for 2025
Only PH Telco in the list of 500 global sustainability frontrunners MANILA, Philippines, July 8, 2025 /PRNewswire/ -- Globe, a leading digital solutions platform and telecommunications provider in the Philippines, has been named as World's Most Sustainable Companies 2025 by TIME Magazine and Statista—the only telco from the Philippines included in the prestigious global ranking. This recognition puts Globe among 500 companies worldwide that stand out for their environmental, social, and governance (ESG) performance, selected from over 5,000 firms across more than 30 countries. With only 11 companies from Southeast Asia making it to the list, the inclusion highlights how companies in emerging markets are gaining ground in global ESG leadership. "This recognition is meaningful for us, especially as we continue to leverage telecommunications and technology for nation-building through sustainable practices," said Globe President and CEO Carl Cruz. "Sustainability is not just about targets—it's about making real progress for the people and communities we serve. Being included in this list affirms that we're on the right track, and underscores our commitment to continuous improvement." The ranking evaluated companies based on more than 20 indicators, including commitments and third-party ESG ratings, adoption of sustainability reporting standards, and environmental and social stewardship. Among the key ESG practices and milestones of Globe are: An AA rating from MSCI ESG Research Externally assured annual Integrated Report Classification as active Participant in the UN Global Compact and Race to Zero campaign As the country's largest mobile network and a major contributor to digital infrastructure of the Philippines, Globe plays a critical role in advancing digital inclusion while accelerating its shift to clean energy. In 2024, 24% of its electricity came from renewable sources, with a plan to transition over 150 additional sites in the next two years. Globe has also deployed 38,000+ green network solutions, such as energy-efficient hardware and alternative fuel sources, contributing to lower greenhouse gas emissions. On the social front, Globe continues to foster an inclusive workplace culture, with women representing 44% of its workforce and the provision of same-sex benefits for employees. Globe also holds ISO 45001:2018 certification for its occupational health and safety management system, prioritizing employee well-being. "Our inclusion in this global list reflects our strategic push to elevate ESG from compliance to business contributor," said Yoly Crisanto, Chief Sustainability and Corporate Communications Officer. "We are proud to represent the Philippines on the world stage and show that homegrown companies can lead with impact." Ayala Land, Inc., another company in the Ayala Group was also recognized in the same TIME list, further underscoring the group's collective commitment to responsible and sustainable business practices. More on Globe's sustainability performance here: To learn more about Globe, visit View original content to download multimedia: SOURCE Globe Telecom, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
20-06-2025
- Business
- Bloomberg
Globe Says Supply Chain Risks ‘Mitigated' Amid US-China Tensions
Philippine mobile leader Globe Telecom Inc. has mitigated supply chain risks with diversified Chinese and Western vendors, its chief executive officer said, as companies navigate US-China tensions. 'We are agnostic in a sense. We really focus on the business,' Globe Telecom CEO Carl Cruz said in an interview with Haslinda Amin at a Bloomberg Media Group event in Manila on Thursday, when asked about making a choice between China and the US.
GMA Network
16-06-2025
- Business
- GMA Network
Globe reaches 61.6M mobile subscribers in Q1 2025
Globe Telecom has recorded 61.6 million mobile subscribers as of end-March 2025, up 5% from 58.8 million the same period last year. Globe also said its broadband customers grew to 1.83 million as of end-March 2025, up from 1.72 million the same period last year. The telecommunications company said 87% of its total service revenues in the first quarter of 2025 came from data, up from 85% the previous year. Globe president and CEO Carl Cruz said it is a strong sign that Filipinos are embracing a digital-first lifestyle. "We're not just going digital for the sake of it. We're building solutions that reflect real needs, real affordability, and real stories of connection. That means helping students with their online learning, helping an OFW see their family over a clear video call, or allowing small businesses to receive payments digitally. These moments are what matter,' said Cruz. As of April, GFiber Prepaid (GFP), on the other hand, earned a standout Net Promoter Score (NPS) of 67—a strong indicator of satisfaction and trust among value-conscious households. With 70% reload rates—the highest among prepaid fiber brands—and a 53% quarter-on-quarter subscriber growth, the product is expanding rapidly into income-challenged households, said Globe. "These numbers are indicative that customers prefer our services. We'll keep innovating, investing, and pushing technology forward, but always with the customer in mind. When you build with empathy, the impact follows," Cruz said.—Jon Viktor Cabuenas/AOL, GMA Integrated News
