PLDT Inc. secured a PHP 4.0 Billion Green Loan from Metropolitan Bank & Trust Co. (Metrobank). This is PLDT's first green loan secured from a local financial institution.

Similar to its initial P1.0b green loan, the loan proceeds are earmarked for the nationwide expansion of PLDT's fiber footprint which will not only narrow the country's digital divide, but also ensure a fast and reliable internet experience facilitated by an energy-efficient network. Fiber-optic technology is integral to PLDT's energy-efficient network, consuming significantly less energy than traditional copper-based infrastructure and requiring less power for data transmission over long distances while maintaining minimal degradation. This not only reduces operational costs but also aligns with the PLDT Group's decarbonization roadmap by minimizing energy usage.

The roadmap aims to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 40% by 2030, coming from a 2019 baseline. Anchoring on this ambitious target, the group is also actively exploring integration of renewables, green technologies, and various resource optimization initiatives. As of end March 2024, the company has over 1.1 million cable kilometers of fiber infrastructure, consisting of over 0.2 million cable kilometers of international fiber and over 0.9 million cable kilometers of domestic fiber supporting various internet delivery platforms including fiber fixed broadband, mobile data services, and carrier-grade WiFi.

The green loan for PLDT's fiber roll out supports UN SDG 9: Industry, Innovation and Infrastructure; UN SDG 13: Climate Action; and UN SDG 17: Partnership for the Goals.