Our Foundation

Large, medium, and small-scale businesses uniting to achieve inclusive growth. We make great things happen!

Established in 1970, Philippine Business for Social Progress (PBSP) is the largest business-led social development organization in the country committed to poverty reduction. With more than 267 large, small and medium-scale companies as members, PBSP helps uplift the lives of Filipinos through social development programs that focus on Health, Education, the Environment, and Livelihood & Enterprise Development (HEEL). Since the start, PBSP has been at the forefront of advocating for stronger corporate citizenship with the aim of supporting inclusive national development.

PBSP has been influencing the Philippine business community to integrate CSR practices into their core businesses and advocating the application of business strategies in addressing poverty.

In 2010, PBSP began looking at the concepts of Inclusive Business and the need to use the Collective Impact framework when tackling big societal challenges. Promotion and development of Inclusive Business models for the strategic Platforms for Collective Engagements (PlaCEs) in the areas of Health, Education, Environment and Livelihood and Enterprise Development (HEEL) were incorporated in our core program agenda.

PBSP is also continuously observing trends in Overseas Development Assistance and partners with both international and local nonprofit and aid organizations to promote inclusive national development. Because of its extensive experience in social development, PBSP has cultivated relationships with both the government and the private sector that it leverages to participate in Public-Private Partnerships (PPP) that empower communities around the Philippines.

mission

Our Mission

PBSP is committed to poverty reduction by promoting business sector leadership in, and commitment to programs that lead to self-reliance.

vision

Our Vision

To lead the business sectors’ efforts to reduce poverty in the Philippines.

Our Statement of Commitment

1

PRIVATE ENTERPRISE, by creatively and efficiently utilizing capital, land, and labor, generates employment opportunities, expands the economic capabilities of our society, and improves the quality of our national life.

2

THE MOST VALUABLE RESOURCE in any country is the person. The higher  purpose of private enterprise is to build social and economic conditions, which shall promote the development of the person and the well-being of the community.

3

THE GROWTH AND VIGOROUS development of private enterprise must be anchored on sound economic and social conditions.

4

PRIVATE ENTERPRISE, must discharge its social responsibility towards society in a way which befits its unique competence. It should involve itself more and more in social  development for the total well-being of the nation.

5

PRIVATE ENTERPRISE is financially and technologically equipped to participate actively in social development. In terms of scientific technology and managerial competence, private enterprise can help provide the total approach for social development in our depressed communities.

6

PRIVATE ENTERPRISE, together with other sectors of society, shares obligations and responsibilities, which it must discharge to the national community. The ultimate objective of the private enterprise is to help create and maintain in the Philippines a home worthy of the dignity of the person.

Therefore, To better fulfill its social responsibilities, private enterprise must earmark a portion of its income for social development.

We hereby declare our commitment  to Philippine Business for Social Progress, which shall be private enterprise’s social  development arm dedicated to the empowerment of the poor and self-reliance of communities.

Our History

PBSP was founded in December 1970 by 50 Filipino business leaders who pledged to set aside 1% of their companies’ net income before taxes to pursue poverty reduction programs. Based on the Venezuelan Dividendo Voluntario para la Comunidad model of corporate social action, PBSP was a means by which the Philippine business community could rationalize and coordinate its funding and technical support to socio-economic projects and programs across the country.

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2014

2014

PBSP launched the Mindanao Inclusive Agribusiness Program in Davao City together with President Benigno S. Aquino III and the Mindanao Development Authority (MinDA).

2012

2012

PBSP launched the Inclusive Business Imperative (IBI), a nationwide campaign to promote and adopt Inclusive Business models.

2010

2010

PBSP celebrated its 40th anniversary and launched the new tagline “Business United. Lives Uplifted.” It also saw improvement in the lives of beneficiaries in the...

2000

2000s

In the early 2000s, PBSP made workforce development a core strategy, and asserted its role in Mindanao in delivery of basic services in health and...

1990

1990s

PBSP redefined its strategy to focus on impact areas. It implemented the Area Resource Management program and considered environmental conservation as a goal and metric...

1980

1980s

PBSP focused its efforts on the 15 poorest provinces where 40% of families live below poverty line.

1970

1970

Fifty Filipino business leaders founded PBSP and pledged to set aside 1% of their companies’ net income before taxes to pursue poverty reduction programs.

Our Awards & Recognitions

  • Ateneo de Manila University  ( 23 July 2003) Public Service Award for Pioneering and Exemplanary Public Service
  • L’Oreal Philippines  ( 5 July 2010)
  • National Children’s Hospital  ( 27 March 2013)
  • Pedro S. Tolentino Memorial National High School
    Ilijan, Batangas City  (23 Sept. 2011)
  • Philippine General Hospital  ( 14 August 2010)
  • Radio Veritas Global Broadcasting System, Inc. ( 04 March 2014)
  • Foundation for the Philippine Environment
    ( 17 June 1994) & ( 16 Jan. 2012)
  • Ana Maria Heights Homeowners Association, Inc. ( 27 May 2004)
  • World Vision Development Foundation. Inc.( 10 Dec. 2013)
  • Armed Forces of the Philippines
    ( 16 June 2011)
  • The Bureau of Internal Revenue ( 01 Aug. 2011)
  • City of Malabon ( 3 Dec. 2010)
  • Petron Corporation ( 26 July 2011)
  • National Housing Authority ( 15 Oct. 2010)
  • Schools of Division of Tarlac Province (29 Oct. 2012) Concepcion West District
  • Department of Education: Adopt-A- School Program  ( 24 Oct. 2012)
  • Oriental and Motolite Marketing Corp. ( 4 Sept. 2008) &  ( 11 April 2012)
  • Maranao People Development Center
  • The Asian Institute of Management  (19 Sept. 2003)
    The Ramon V. Del Rosario, Sr.
    AIM Center for Corporate Responsibility
    And the Conference Partners of the Asian Forum on Corporate Social Responsibility