GCash head of sustainability CJ Alegre, WWF executive director Katherine Panganiban Custodio, GCash head of public affairs and CSR Mabel Niala and Globe Group chief sustainability and corporate communications officer Yoly Crisanto
GCash receives WWF Philippines’ Corporate Partner Award
In recognition of its outstanding environment conservation initiatives, GCash, the country’s no.1 mobile wallet app, was recently given the Philippines’ Corporate Partner Award by the World Wildlife Fund (WWF) during a recent ceremony held at the Fairmont Hotel, Makati.
The annual awarding program recognizes the outstanding collaboration and dedication towards the holistic conservation of the Philippine environment to “Change the ending” for people and the planet.
“We’re honored to receive such a meaningful award as it shows we’re on the right track towards helping protect and conserve our environment,” said Martha Sazon, GCash president and CEO.
GCash’s six-year Forest Project with the WWF-Philippines for Nature in Ipo Watershed aims to successfully conduct assisted natural regeneration and enrichment planting of 220,000 trees in 550 hectares of degraded forests in Ipo Watershed, which provides about 96 percent of Metro Manila’s water supply.
In the first three years of the project, they were able to accomplish the planting and maintenance of 108,743 trees which include Yakal, Dungon, Narra, Palosapis, Kupang, Bignai, and 11 more native species.
The carefully planned species composition provides a healthy biodiversity index and greatly contributes to the assisted natural regeneration of the Ipo Watershed. Likewise, the planting and maintenance of these trees are crucial in protecting the watershed’s cover, and consequently, the water security in the country. Healthy forests in the watersheds also serve as natural filters that safeguard the quality of water.
Apart from its partnership with the WWF-Philippines, GCash has also initiated the GForest program. Within the app, users can plant virtual trees through green energy points, which can be earned through various cashless transactions like bank transfers on the app. In turn, GCash plants real trees on their behalf. To date, GCash has already planted more than 1 million trees and are aiming for 2.3 Million trees in 2023.
about GCash, visit www.gcash.com
About Mynt
Mynt is the first and only $5 billion unicorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans.
About GCash
GCash is the Philippines’ #1 Finance App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash’s mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only duacorn in the Philippines.
Mynt and GCash are staunch supporters of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
For more information, please contact:
Bruce Rodriguez, Head of Business Communications
Corporate Communications
Legal Disclaimer & Safe Harbor Statement
This press release is for informational purposes only and does not constitute, or form part of, any offer, solicitation, or invitation to sell, issue, purchase, or subscribe for any securities in the Philippines, the United States, or any other jurisdiction. No securities of Mynt, Inc. have been or will be registered under the U.S. Securities Act of 1933, as amended, and such securities may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. There will be no public offering of the securities of the Company in the United States. No money, securities or other consideration is being solicited by this document or the information contained herein and, if sent in response to this document or the information contained herein, will not be accepted. Any potential initial public offering and listing in the Philippines, if pursued, remain fully subject to prevailing market conditions and regulatory approvals, including the registration requirements of the Philippine Securities and Exchange Commission and the listing rules of the Philippine Stock Exchange, Inc., and there can be no assurance that any such filings will be made or that any offering or listing will be consummated. This document contains forward-looking statements that involve inherent risks and uncertainties; actual results, timelines, and outcomes may differ materially from those projected due to shifting market dynamics, economic environments, and regulatory updates.
