Telecommunication giant Globe is scaling up the integration of renewable energy across the chain of operations, in a bid to have a clean and green source of power supply for its facilities.
The Ayala-led firm is joining the rest of its affiliate-companies in the conglomerate as well as the bandwagon of “woke corporate entities’ in the world that are now advancing their ‘net zero’ goals by mid-century, in line with the climate diplomacy pacts cemented in last year’s 26th Conference of the Parties at the United Nations Climate Change Summit in Glasgow, Scotland and the 2015 Paris Agreement.
She added “our vision to go beyond business is demonstrated by the addition of more sites that are proactive in addressing climate change threats.” Through the power retailing structure of the electricity market, contestable customers that are typically in the high-demand category of businesses and industries can take the head of the table when it comes to negotiating for their power purchase agreements or contracts with their preferred suppliers at a price that they will opt for, and on an energy source of their choice, primarily renewable energy.
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