CSR - Corporate Social Responsibility

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Corporate Social Responsibility (CSR)
Definition: A company’s sense of responsibility towards the community and environment (both ecological and social) in which it operates.

Companies express this citizenship

  • Through their waste and pollution reduction processes
  • By contributing educational and social programs
  • By earning adequate returns on the employed resources
In the Philippines CSR is at the embryo stage.

Most corporations are still using the common denominator of “what’s in it for me” before doing anything about CSR. There are many individual citizens who are philanthropists (time or money) but this is not CSR.

The 15th congress created a law to encourage CSR