Globe ethical standards cited
We are honored to be recognized through the prestigious ACGS Awards and rally the Philippines to be among the top corporate governance performers
Daily TribuneWe are honored to be recognized through the prestigious ACGS Awards and rally the Philippines to be among the top corporate governance performers
Giant telco Globe Telecom dominated the ASEAN Corporate Governance Scorecard anew after bagging three awards at a virtual awarding ceremony held last 1 December.
Globe received outstanding recognition as among the top 3 publicly-listed companies of the country and part of the ASEAN top 20 and the ASEAN Asset Class-Philippines for being at the forefront of corporate governance standards and practices.
Globe bagged the same awards in the previous awarding ceremony.
"We are honored to be recognized through the prestigious ACGS Awards and rally the Philippines to be among the top corporate governance performers in the region," Globe Group president and CEO Ernest Cu said.
Cu stressed that corporate governance plays a significant role in the company's purpose.
Everybody's business
Globe was also recognized for Best Corporate Governance under the Telecom-Asia category for two consecutive years from the Ethical Boardroom Corporate Governance Awards, proving its commitment to Environment, Social and Governance strategies that help shape society's sustainable future.
"At Globe, corporate governance is everybody's business as we carry out our vision, mission, and core values in the delivery of our products and services. It is our duty that our customers and stakeholders feel this difference in how we perform and do business," he added.
The ACGS is a joint effort of the ASEAN Capital Markets Forum and the Asian Development Bank aimed at promoting integration within the region and the ASEAN as an investment asset class.
Assessment of the top ASEAN publicly-listed companies based on market capitalization was conducted using a scorecard supported by rigorous methodology and benchmarked against international principles and best practices.
