As part of its Corporate Social Responsibility thrust, Radenta Technologies, one of the country’s leading solutions integrators, gave its all-out support to Team Subic Bay Multisport, one of the teams that competed in the recent IRONMAN 70.3 Race held in Subic Bay Freeport Zone.
Manila Electric Company (Meralco), the country’s largest electric distribution utility, has once again exemplified excellence on the global stage as it bagged four (4) awards for its stakeholder management and corporate social responsibility initiatives at the recently concluded 2023 Asia-Pacific Stevie Awards.
Melco Resorts & Entertainment Ltd (Melco) Chairman and CEO Lawrence Ho recently visited the Presidential Security Group (PSG) Station Hospital in Malacañang Park, the P1.2 billion state-of-the-art hospital built by Melco Resorts (Philippines) Foundation Corporation (MRP Foundation), the charitable arm of the luxury integrated resort City of Dreams Manila.
Philippines’ leading challenger bank, Rizal Commercial Banking Corporation (RCBC), through its partnership with the Department of Social Welfare and Development (DSWD), successfully assisted hundreds of Pantawid Pamilyang Pilipino Program (4Ps)/Conditional Cash Transfer (CCT) beneficiaries to easily and quickly cash out aid from the national government through RCBC ATM Go partner merchants in Lake Sebu, South Cotabato, an identified geographically isolated and disadvantaged area (GIDA) by the DSWD.
Hedcor, the run-of-river hydropower arm of Aboitiz Power Corporation (AboitizPower), intensified its support to the local government units (LGUs) and host communities in the province of Davao del Sur by releasing over P21.5 million worth of community shares generated from the total attributable energy sales of Sibulan A, Sibulan B, Tudaya 1 and Tudaya 2 hydro power plants from last year.
For enterprises of all sizes, giving back is a must. First and foremost, it helps uplift the community they are serving. Secondly, volunteerism can be empowering to the employees themselves, as it allows them to advocate and work for worthy causes, using their time and talent. And for the organization itself, it helps builds trust among stakeholders.
The current global health crisis has ravaged almost every economy, not sparing the Philippines, which has been one of the hardest hit countries in Asia. While businesses, from micro industries to blue chip companies, have undoubtedly felt its egregious impact, the will to help fellow Filipinos and push for collaboration to ride out this challenge remain.