GLOBE SECURES EIGHTH CONSECUTIVE INCLUSION IN FTSE4GOOD INDEX SERIES, AFFIRMING COMMITMENT TO ESG PRINCIPLES

Globe proudly announces its inclusion in the FTSE4Good Index Series for the eighth consecutive year, highlighting the organization’s unwavering dedication to implementing Environmental, Social, and Governance (ESG) practices across its operations.

Developed by global index and data provider FTSE Russell, the FTSE4Good Index Series serves as a benchmark for measuring the performance of companies with robust Environmental, Social, and Governance (ESG) practices. These indexes are widely utilized by various market participants to assess and create responsible investment funds and other products.

FTSE Russell evaluations are grounded in performance across critical areas such as Corporate Governance, Health and Safety, Anti-Corruption, and Climate Change. Companies included in the FTSE4Good Index Series meet stringent environmental, social, and governance criteria.

Yoly Crisanto, Chief Sustainability and Corporate Communications Officer of the Globe Group, expressed, “Globe’s inclusion in the FTSE4Good Index Series for the eighth consecutive year is more than recognition; it’s a testament to our enduring commitment to sustainability. Aligning our business goals with ESG practices is not just good for the planet but also essential for our future growth. Globe is more determined than ever to continue on this journey, knowing that our actions today shape the world of tomorrow.”

Globe’s commitment to ESG principles goes beyond mere compliance with laws and regulations. This year, the company has strengthened its stance on human rights, diversity, equity, inclusion, and sustainable supply chains through the release of relevant policies.

1. Human Rights Policy Commitment: Reinforces the Code of Conduct, ensuring the dignified and respectful treatment of employees and stakeholders. Aligned with the United Nations General Assembly’s Resolution, this policy commitment aims to achieve net zero GHG emissions by 2050, lead in circularity, and address various aspects of human rights, including freedom of expression, digital inclusion, privacy, and children’s rights.
2. Diversity, Equity, and Inclusion Policy Commitment: Ensures an inclusive workplace that embraces diversity in ethnicity, age, gender, gender identity, gender expression, sexual orientation, disability, religion, and more. The commitment extends to customers, focusing on respect, dignity, and making products and services accessible to a diverse customer base.
3. Supplier Code of Ethics: Emphasizes sustainability across the value chain, expecting suppliers to adhere to global standards such as the UN Global Compact and Universal Declaration of Human Rights.
4. Sustainable Supply Chain Policy Commitment: Focuses on performing due diligence on suppliers, evaluating their sustainability practices before contract awarding.

These policies reflect Globe’s proactive steps toward building a sustainable future, showcasing a profound understanding of the interconnectedness of business, society, and the environment.