Since its historic establishment in 1971, Philippine Business for Social Progress (PBSP) has believed in the power of the business sector to foster the country’s economic and social growth.
For years, PBSP member companies made social investments to help our fellow Filipinos live better lives by implementing programs on livelihood and enterprise, environment, education and health.
As the foundation moves forward in its fifth decade, with 24 years of operation in the Visayas region, PBSP encourages the business sector to engage in projects that are mutually beneficial to both company and community. We believe that a company’s core business operations need not be separated from its practice of corporate social responsibility or corporate citizenship.
PBSP makes this possible with our model of corporate-community partnership or CCP, which is essentially the implementation of business strategy with a social component.
In recent years, we have successfully Developed projects that simultaneously address community, corporate and environmental bottom lines. We have Nurtured micro, small and medium enterprises as a strategic foundation for local economic development. And we have designed and implemented projects Aligned to business requirements like skilled workforce, raw materials and semi-processed production inputs.
These experiences affirm that given the opportunities or platforms for collective engagements, our business community is very well positioned to be a force in nation-building.
As we move forward, PBSP invites our member-companies to look internally and ask the question, “What is our need?” If the need can be addressed by a PBSP-assisted community or a community that the company has in mind, PBSP is open to work with the company and the community to help both craft a project that will benefit each other.
By doing this, we embed the community in the supply chain of the company to ensure a long-term and sustainable partnership for both parties.
In PBSP, we believe that for partnerships to be sustainable, projects have to be economically viable for the company and socially empowering for the community. We in PBSP are now gearing up for the promotion of CCP as a strategic and long-term expression of corporate social responsibility.
Let us continue building more strategic partnerships that ultimately lead to collective growth!
JOSE ANTONIO ABOITIZ
Board of Trustee
Chairman, Visayas Executive Committee
Board of Trustee
Chairman, Visayas Executive Committee
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