Established in 2004, G-Xchange, Inc. (GXI), popularly known as GCash, is the Philippines’ leading micropayment service, which transforms mobile phones into virtual wallets for secure, fast, and convenient transfers. With over 36 million Filipinos remaining unbanked with no access to banking services, Gcash serves as their lifeline in order to process financial transactions without the need to use cash.

With a mission and vision to make every Filipino financially included, some of the transactions you can make via GCash – a part of Globe Telecom, or Globe, a major provider of telecommunications services in the country – include buying prepaid load, paying bills, sending money, making donations, shopping online, and purchasing goods. GCash also serves people according to its purpose, which articulates “Making Filipinos’ Everyday Lives Better”.

As ACES’ Green Innovation Award recipient, GCash adopts a holistic approach to sustainability in its pursuit of financial inclusion across 3 pillars, including its environmental impact, social impact, and governance impact. These pillars are also heavily aligned with the UN Sustainable Development Goals (SDGs), guided by the 10 UN Global Compact Principles, which then turn into meaningful waves of impact across the country.

As part of the Globe conglomerate, GCash’s sustainability framework – GCash for Good – is in tune with Globe’s, which is geared towards operating responsibly and in compliance with global sustainability standards and practices, comprising the Environment, Social, and Governance (ESG) adoption, to drive positive change. Like Globe, GCash ensures that its work supports the financial, educational, and healthcare sectors.

In line with its commitments to climate action, GCash got more Filipinos involved in mitigating the effects of climate change through its interactive platform – GForest – which was introduced in 2019. Through GForest, over 10 million GCash users have been able to play an active role in addressing the reforestation issue by earning green energy points via GCash, and planting a virtual tree on GForest. Together with its partners, GCash converts these virtual trees into real ones, with trees being planted across their partner sites.