PLDT Inc. continues to make strides in its environmental, social and governance (ESG) performance as it notched a 14-point increase in its 2024 S&P Global Corporate Sustainability Assessment (CSA) score from 58 in 2023.
The S&P Global CSA is an independent evaluation of over 13,000 companies globally based on performance and progress reporting on a wide range of industry-specific areas, including economic, governance, environmental, and social criteria.
PLDT’s 2024 CSA score reflects significant progress made in sustainability, identified as one of the key pillars of its business strategy. These include the company’s re-assessment and conduct of stakeholder consultations on its materiality areas, enactment of a human rights policy and corresponding framework for due diligence and risk management, re-assessment and conduct of stakeholder consultations on its materiality areas, and integration of climate, nature, and circularity into its business operations, among others.
PLDT also expanded ESG-related collaborations with various entities and stakeholder groups to tackle emerging issues, benchmark performance, and develop strategies to align with global best practices.
“PLDT remains steadfast in embedding sustainability in the way we do business. These milestones motivate us to push further in driving meaningful change and creating positive value towards a more connected, sustainable, and digitally inclusive future for Filipinos,” said PLDT first vice president and chief sustainability officer Melissa Vergel de Dios.
