Connect with us

Hi, what are you looking for?

News

Globe shifts Iloilo unit to renewable energy

GLOBE TELECOM, INC. said on Wednesday that its Iloilo facility is now powered by renewable energy (RE), raising the number of its facilities powered by clean energy to 25 sites.

“By shifting our high energy utilization facilities to renewable energy sources, we are contributing to the Philippines’ efforts to support the country’s sustainable energy agenda and address the associated risks of climate change,” said Rosemarie Maniego-Eala, chief finance officer, treasurer, and chief risk officer of Globe.

The company also continues to pursue climate action strategies in line with the government’s sustainability efforts. Its decision to shift its Visayas facility to renewables is made possible through the government’s green energy option program or GEOP.

Launched in 2018, GEOP is a voluntary policy mechanism that allows users consuming at least 100 kilowatts of power to source their supply from qualified retail energy suppliers that source electricity from renewable energy.

Globe said its other RE-powered sites are located in Makati, Quezon City, Caloocan, Taguig, Mandaluyong, San Juan, Manila, Marikina, Cavite, Laguna, Batangas, Tarlac, and Cebu.

The company has set a climate action strategy of achieving a net zero greenhouse gas emission target by 2050.

“We will continue to explore partnerships and innovative solutions that will enable us to reduce our carbon footprint and minimize our impact on the environment,” Ms. Maniego-Eala said. — Ashley Erika O. Jose

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

The rapid advancement of digital technologies has gained momentum to a degree that it transformed almost every aspect of modern life. From enhanced and...

News

Massive construction activities that are ongoing and upcoming across Eastern, Central, and Western Visayas are further driving demand in the region’s construction industry this...

News

Amidst the picturesque Dole pineapple plantation, SATNET powered by Kacific bridges the connectivity gap. Have you ever wondered how a leading, remote food processing...

News

US dollar banknotes are seen in this illustration taken July 17, 2022. — REUTERS By Keisha B. Ta-asan, Reporter PHILIPPINE DOLLAR reserves slipped at...

News

PHILIPPINE STAR/MICHAEL VARCAS By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINE ECONOMY is likely to grow by 6% this year amid strong domestic...

News

By Kyle Aristophere T. Atienza, Reporter ECONOMISTS are worried about the alleged failure of Philippine lawmakers to take into account the health of state-owned...

You May Also Like

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.