Globe Telecom Inc

Common Name
Globe Telecom
Country
Philippines
Sector
N/A
Industry
N/A
Employees
N/A
Ticker
GLO
Exchange
PHILIPPINE STOCK EXCHANGE, INC.

Globe Telecom's GHG Emissions Data Preview

In 2024, Globe Telecom completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Globe Telecom has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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Insights into Globe Telecom's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Globe Telecom amounted to 293,690.31 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Globe Telecom decreased by 23.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Globe Telecom's Scope 1 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e+5%-29%-26%
  • Total Scope 1
  • Year-over-Year Change

What are Globe Telecom's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Globe Telecom were 28,309.49 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Globe Telecom reduced its Scope 1 emissions over time?

Since 2021, Globe Telecom's Scope 1 emissions have decreased by 45.02%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), Globe Telecom's Scope 1 emissions decreased by 25.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Globe Telecom's Scope 2 emissions?

In 2024, Globe Telecom reported Scope 2 greenhouse gas (GHG) emissions of 201,699.84 tCOâ‚‚e using the market-based method and 265,380.82 tCOâ‚‚e using the location-based method. a

Has Globe Telecom reduced its Scope 2 emissions over time?

Since 2021, Globe Telecom's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 50.2%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Globe Telecom's Scope 2 emissions (Location-Based) fell by 23.4% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Globe Telecom use for Scope 2 reporting?

In 2024, Globe Telecom reported its Scope 2 emissions using the market-based method and using the location-based method. a

Globe Telecom's Scope 2 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Globe Telecom's Value Chain Emissions

In 2024, Globe Telecom reported 1,018,833.47 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of Globe Telecom includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Globe Telecom's Scope 3 Emissions Over Time

20212022202320240350 k700 k1.05 M1.4 MtCO2e-15%+22%-20%
  • Total Scope 3
  • Year-over-Year Change

What are Globe Telecom's Scope 3 emissions?

In 2024, Globe Telecom reported total Scope 3 emissions of 1,018,833.47 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Approximately 97.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.52% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Globe Telecom reduced its Scope 3 emissions over time?

Since 2021, Globe Telecom's Scope 3 emissions have decreased by 16.94%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Globe Telecom's Scope 3 emissions decreased by 20.35%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Globe Telecom disclose?

In 2024, Globe Telecom reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Globe Telecom's Scope 3 emissions?

In 2024, the largest contributors to Globe Telecom's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 422,331.89 tCOâ‚‚e (41.45%)
  • Upstream Leased Assets (Cat. 8): 334,489.65 tCOâ‚‚e (32.83%)
  • Purchased Goods and Services (Cat. 1): 176,641.02 tCOâ‚‚e (17.34%)

Globe Telecom's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(32.8%)Purchased Goods andServices (Cat. 1)(17.3%)Capital Goods(Cat. 2)(41.5%)

Insights into Globe Telecom's Total Carbon Footprint

In 2024, Globe Telecom reported a total carbon footprint of 1,312,523.78 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.11% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Globe Telecom's total carbon footprint was Scope 3 emissions, accounting for 77.62% of the company's total carbon footprint, followed by Scope 2 emissions at 20.22%. a

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