Globe Telecom Inc 2024 IR
The report highlights Globe's record-breaking performance in 2024, achieving gross service revenues of Php165.0 billion, driven by mobile and corporate data growth. The company successfully reduced cash capital expenditures by 20% to Php56.2 billion, optimizing capital efficiency to target positive free cash flow by 2025. On the sustainability front, Globe secured SBTi validation for its net-zero targets and transitioned 29 key facilities to renewable energy, representing 24.34% of its total energy consumption. Additionally, the company advanced digital inclusion by connecting over 600 Geographically Isolated and Disadvantaged Areas and blocking nearly 978 million spam messages.
Company: Globe Telecom Inc
Sector: Communication Services
Country: Philippines
Year: 2024
Type: IR
Pages: 211
Globe Telecom Inc
The report highlights Globe's record-breaking performance in 2024, achieving gross service revenues of Php165.0 billion, driven by mobile and corporate data growth. The company successfully reduced cash capital expenditures by 20% to Php56.2 billion, optimizing capital efficiency to target positive free cash flow by 2025. On the sustainability front, Globe secured SBTi validation for its net-zero targets and transitioned 29 key facilities to renewable energy, representing 24.34% of its total energy consumption. Additionally, the company advanced digital inclusion by connecting over 600 Geographically Isolated and Disadvantaged Areas and blocking nearly 978 million spam messages.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 27, 2025
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees