CSR

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by Pathricia Ann V. Roxas, Philippine Daily Inquirer, May 20, 2019 MANILA, Philippines — The House of Representatives on Monday approved on third and final reading a bill that encourages business organizations to engage in corporate social responsibility (CSR) activities.

by BRETT MATHEWS | Feb 14, 2019 WASHINGTON – Voluntary CSR mechanisms are failing to protect workers in apparel supply chains, and a new, worker-centric model is required which involves binding agreements between brands and their suppliers. That’s the conclusion of a new paper which examines the struggles of traditional, corporate-led initiatives to address labour…

(philstar.com), January 6, 2017 MANILA, Philippines — Charity and corporate social responsibility (CSR) are key issues for business people globally, a recent research from workspace provider Regus revealed.

Ms. Helen Orande is a member of ASEAN CSR Network’s Board of trustees and is also the Executive Director of the League of Corporate Foundations. Here, Ms. Orande talks about how CSR in the Philippines has evolved past philanthropy and charity. to where it is done because it is the right thing to do. She…

DAVAO CITY—Corporate funding for social development efforts In Mindanao reached P1.1 billion and the organization encouraging corporate social responsibility (CSR) spending said it was setting its sight at pouring these resources to the small farm communities to increase chances of bringing the marginal families into the cycle of economic growth.

MANILA – Consumers in the Philippines are among the most socially conscious shoppers in the world, a recent Nielsen study revealed. The Nielsen Global Survey of Corporate Social Responsibility showed that the Philippines has the most number of consumers who are more willing to pay extra for products and services that come from socially responsible…

MANILA, Philippines — More Filipinos are willing to pay for goods and services offered by companies that have implemented social programs in their target communities, a recent Nielsen survey showed.

Naybahay, a rural birthing facility project spearheaded by Pfizer Philippines Foundation Inc., was one among 20 corporate social responsibility (CSR) projects recognized with an award of merit at the 5th Global CSR Summit hosted by the Philippines in Davao City last April.

EFFECTIVE corporate social responsibility programs must create a broader impact on the community, but laws must be in place to guide companies in the right direction, business heads and management experts said.

BUSINESS executives and the academe are urging companies to practice sustainable corporate social responsibility that will create shared value for the broader community amid global protests against financial inequality and corporate greed.

MANILA, Philippines — If rising from the ‘oil spill rubble’ would be an indication, leading oil player Petron Corporation may have truly bounced back from the disaster as it already clinched recently the gold award for environmental excellence – trouncing in the competition other firms globally.

Globe Telecom was named one of the top five Philippine companies by international research and advisory firm RepuTex for outstanding sustainability initiatives and corporate governance policies.

THE business community is opposing two bills seeking to institutionalize corporate social responsibility activities. While CSR should be embedded in every company’s “business DNA,” Ed Amistad, chairperson of the League of Corporate Foundations, said it should not be required by law and should remain as a voluntary activity.

COST management remains the primary driving force behind local businesses’ corporate social responsibility (CSR) initiatives, according to a survey by Grant Thornton. In a statement, Punongbayan & Araullo (P&A), the local partner of Grant Thornton, said the latest International Business Report (IBR) asked 150 Filipino business leaders regarding their CSR activities for the second time…

LAST May 24, the Management Association of the Philippines (MAP) launched the 2nd MAP CSR Leadership Challenge. MAP began the Challenge in 2009 to encourage its members to embrace CSR and go beyond the customary corporate philanthropy that we see. MAP President Felino “Jun” Palafox has explained that the Challenge “aims to promote CSR as…

COMPANIES can set themselves apart from competitors by having a special focus on corporate social responsibility (CSR), an executive of a United States-based information technology services firm said.

EXCLUSIVE: A major initiative currently sponsored by United Nations Secretary General Ban Ki-moon, the U.N. Global Compact, is being challenged by the world body’s own watchdog agency as financially opaque, unwilling to police its membership and only questionably effective at accomplishing its mission of winning private-sector adherence to the U.N.’s anti-corruption, anti-poverty and environmental goals.

The ASEAN CSR Network held an inaugural ceremony on 11 January 2011 in Singapore to celebrate its incorporation led by its founding members, namely, the ASEAN Foundation, Indonesia Business Links, International Chamber of Commerce-Malaysia, the League of Corporate Foundations (Philippines), CSR Club of Thai Listed Companies Association and Singapore Compact for CSR, which also hosts…

MANILA, Philippines – Smart Communications Inc. won an Excellence Award at Asia’s premier awards program on corporate social responsibility, the 9th Asian CSR Awards, for its holistic employee wellness program, “Live Smart: Healthy U, Wealthy U, Happy U.”

MANILA, Philippines – Three years since Fuji Xerox Philippines completed its Gawad Kalinga Village in Taguig City in December 2007, the company continues in its pursuit to take corporate social responsibility to the next level through more sustainable and community development programs.

LAST WEEK, donations in the millions of pesos were announced for a computer and Internet literacy program. It could just be another fund-raising activity if not for the fact that almost half of the donors were local government units — some representing the remotest parts of Mindanao with several topping the pledges made by multinational…

As the Asian Institute of Management prepares to hold the 10th Asian Forum on Corporate Social Responsibility the questions around CSR have ceased to be around “whether” and have become about “how.”

Aboitiz Equity Ventures (AEV) won the second best annual report in the Management Association of the Philippines’ (MAP) First Best Annual Reports Awards for 2002, participated in by 29 listed companies in the Philippine Stock Exchange. AEV chief operating officer Erramon Aboitiz received the award on behalf of the company during the recent awards night…

The government should take prompt and decisive steps in codifying a legally binding set of standards on corporate social responsibility (CSR) tailorfit for the local mining industry, as a way to rebuild public confidence and ease strident protests against certain mining operations resulting from domestic environmental disasters such as the 1996 Marcopper toxic spill, a…

Food manufacturer CDO-Foodsphere Inc. has teamed up with the Philippine Business for Social Progress (PBSP), a non-profit corporate foundation established by prominent businessmen led by PLDT chairman Manuel V. Pangilinan, for a supplemental feeding program to save indigent children out of malnutrition in a pilot site in the northern part of Metro Manila. Odyssey Foundation…

MANILA, Philippines – Building and unveiling the Meralco Sibol School is one of the utility company’s major CSR projects. It is Meralco’s way of nurturing the dreams of children and families and building communities through the power of education. The Sibol School was launched as early as 2005 as a response to the need of…

singapore_compactBy now is it well-known that the South-East Asian countries have joined hands to launch the ASEAN CSR Network during the International Singapore Compact CSR Summit held in Sentosa recently. During the launch, Singapore Compact for CSR president Olivia Lum said that ASEAN has recognised the importance of CSR “not just to achieve the socio…

Imagine a immensely lucrative company that underpays workers, cuts corners on health and safety standards, cheats on taxes, bribes officials and poisons the environment. Think of another enterprise, less profitable but paying the right wages and taxes, abiding by consumer-protection standards for its products, shunning corruption, curtailing emissions and conserving resources. Which one is better…

Chen Guangbiao is in a generous mood. So generous, in fact, that the Chinese tycoon (assets: $735 million) seems to have infected other millionaire industrialists with the charity bug. Chen says 100 of them have agreed to bequeath their wealth to charity upon their demise.