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. Read the rest of this entry »
CEOs buck law on CSR
October 20, 2011
Firms stoke CSR flame to tame global protests
October 19, 2011
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. Read the rest of this entry »
Petron wins Global CSR Awards
September 11, 2011
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. Read the rest of this entry »
Globe cited among top 5 RP firms on governance
July 25, 2011
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. Read the rest of this entry »
Group of corporate foundations bucks measures requiring CSR
June 24, 2011
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. Read the rest of this entry »
COST management remains the primary driving force behind
June 9, 2011
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 since the topic was first covered in 2008. Read the rest of this entry »
CSR with integrity
May 31, 2011
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 an important and integral part of good management practice, inspire MAP members and other top executives to improve their practice and set the bar for the practice of CSR in the country, and recognize companies that exemplify what it means to be a true corporate citizen through their CSR programs.” During the first Challenge, Manila Water won the main award for having CSR programs that were most integrated into its core business. Companies were also awarded based on specific CSR achievements, such as Union Bank in education and Globe Telecom in enterprise development. Read the rest of this entry »
CSR focus an advantage, says IT firm
May 26, 2011
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. Read the rest of this entry »
UN’s watchdog says the General Assembly needs to rein in ‘self-expanded’ Global Compact initiative
March 15, 2011
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. Read the rest of this entry »
ASEAN CSR Network incorporated in Singapore
January 20, 2011
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 the Network’s secretariat. The ceremony was graced by H.E. Mr Zainul Abidin Rasheed, Senior Minister of State for Foreign Affairs of Singapore who extended his congratulations to the Network on its incorporation as a company limited by guarantee in Singapore and expressed support to the attainment of its goals and objectives in promoting CSR in ASEAN. Read the rest of this entry »
