PLDT named in TIME Magazine’s World’s Best Companies 2023

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PLDT Inc. makes it to TIME Magazine’s list of World’s Best Companies 2023, becoming the only Philippine telco on the

Released by TIME Magazine and its analytics partner Statista, the inaugural list names 750 most outstanding companies from different industries around the world which were independently evaluated based on revenue growth, employee satisfaction surveys and rigorous environmental, social and governance performance metrics.

Panlilio identified sustainability as one of the key pillars underpinning PLDT’s strategy. The company includes sustainability in its CEO scorecard and formulated ESG-focused key performance indicators across company units and functions. PLDT announced a decarbonization roadmap that targets a 40-percent reduction of Scope 1 and Scope 2 greenhouse gas emissions by 2030, coming from a 2019 baseline. The company benchmarks with CDP for climate reporting standards and is a pioneering supporter of the Task Force for Climate-related Financial Disclosures in the Philippines.

PLDT also consistently demonstrated an upward trend in revenues since 2020. In 2022, the company generated over P205 billion in revenues, up 6 percent from the previous year.

 

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