Friday, June 13, 2025

PLDT Releases Its First Combined Annual and Sustainability Report, Shares Highlights of 2024 Performance

At its recent 2025 Annual Stockholders’ Meeting, the Philippines’ largest fully integrated telecommunications network PLDT Inc. (PLDT) released its inaugural annual report, which combines its business and environmental, social, and governance (ESG) performance highlights.

Titled “AI and the New Generation of Leaders”, the PLDT 2024 Annual and Sustainability Report shares the company’s stance on the rapid advancement of Artificial Intelligence (AI) and details how the company continues to embrace its role in investing in enabling digital infrastructure, creating value for its stakeholders, developing a new breed of leaders, and upholding responsible business practices.

Reviewed and approved by the company’s Board of Directors through its Governance, Nomination, and Sustainability Committee and Audit Committee, the report chronicles PLDT’s year-round operational highlights and includes performance of its subsidiaries, Smart Communications, Inc., ePLDT, Inc., VITRO, Inc., PLDT Global Corporation, and Multisys Technologies Corporation, as well as its associate company Maya Philippines, Inc., and its social outreach arm, PLDT-Smart Foundation.

PLDT’s annual and sustainability report follows various ESG disclosure frameworks, including the Global Reporting Initiative Standards, Sustainability Accounting Standards Board, Task Force on Climate-Related Financial Disclosures, Taskforce on Nature-related Financial Disclosures, the Ten Principles of United Nations Global Compact, and the GSMA ESG Metrics for Mobile. It also features an Integrated Annual Corporate Governance Report and information on the PLDT Group’s contribution to the UN Sustainable Development Goals.

In addition, the report includes audited financial statements and key ESG disclosures, which are assured by the external and independent firm SyCip, Gorres, Velayo & Co. (SGV), a member firm of Ernst & Young International Ltd.

As a testament to its continuing alignment with global standards on ESG performance and disclosures, PLDT is one of only 780 companies worldwide and the only Philippine company included in the S&P Global Sustainability Yearbook 2025.

Access the digital copy of the PLDT 2024 Annual and Sustainability Report here.

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