Sep 302015
 

Corporate Social Responsibility (CSR) has attracted attention recently as a worthy component of good business practice. It is now considered a vital area of interest in light of the growing awareness that business must assume greater accountability for societal development.
Whether it is motivated by the need to ensure corporate sustainability, to acknowledge the expectations of its stakeholders, to create business opportunities, or to undertake a genuine concern in improving conditions of society, corporate leaders and strategists are beginning to understand the various perspectives and benefits of CSR in relation to corporate performance and its operating environment.

Nov 182013
 
MVP Group: Model for CSR

Millions of Filipinos have been left homeless by Typhoon Yolanda, while the cost of the damage has been initially placed at more than P10 billion – and it’s obvious that rehabilitation will require massive resources and gargantuan efforts. The death toll continues to rise even as we write, but it’s quite clear to everyone that the focus should be on helping the survivors who are in need of food, water, medicines, clothes and shelter. Despite the devastation, Filipinos are heartened by the compassion and support coming from many local companies who are all stepping up to the plate, initiating their own fund drives, forsaking planned Christmas celebrations, and conducting relief operations. Major businesses are displaying corporate social responsibility (CSR) through corporate foundations, among them the Aboitiz group which initially raised P30 million. Aboitiz Equity Ventures president Jon Aboitiz told me they have a target of raising P200 million and that they are now “close to it,” realizing that there is much to be done but that we will be able to do it as a nation. Another conglomerate that has also been in the thick of relief efforts is the SM Group that has allocated P100 million in calamity funds for the rebuilding of homes, community centers and schools in disaster affected areas most particularly in Tacloban, Samar, Ormoc, Capiz, Iloilo, Cebu and Bohol that also suffered from a 7.2 magnitude earthquake. The SM Group via SM Cares is doing a fantastic job, having sent over 50,000 relief packs and Read More …

Jun 192013
 
LCF introduces mobile application for CSR Expo

MANILA, Philippines – A mobile application for the League of Corporate Foundations’ Corporate Social Responsibility Expo (LCF CSR Expo) has been made available for Android and iOS, according to organizers. Delegates now can keep track of the agenda, manage their schedules, and network with fellow delegates. “The mobile app is a useful and easy-to-access guide for people who want to have important details at their fingertips,” said Augusto Carpio III, LCF chairman. The mobile app offers a variety of features that will keep delegates informed of various expo activities. With just a click, users can access information about the event, speakers, and panelists. Users can also learn more about the expo’s exhibitors, partner organizations, and news related to CSR. The LCF is a network of over 70 operating and grant-making corporate foundations and corporations that promotes and enhances the strategic practice of CSR among its members and the larger business community toward sustained national development. The 12th LCF CSR Expo will highlight inclusive growth as key to economic growth, with the theme “Isang Bansa, Isang Bukas, Sabay sa Pag-unlad.” The app provides green tips, easy Twitter access for real-time updates, and news feeds on CSR from here and around the world. Besides accessibility, it is also a good alternative to paper. The LCF CSR Expo is organized annually as a green event. By being mindful of how resources are used for the conference and exhibition, LCF aims to enrich the entire expo experience. The app can be downloaded for free Read More …