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The
Value of Embracing Corporate Citizenship
With Corporate
Citizenship as a marriage between business bottomlines and social
development, it has the potential to benefit business and society
in various ways.
| For
Business, CC enhances -- |
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Reputation
of the company and its leadership |
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Self-sufficiency
of communities on the company |
|
Creation
of incentives and rewards for good business practices |
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Sustainability
of raw materials |
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Potential
to reduce incidence of protest fines and disruption in operations
due to non-conformance with environmental and social standards
and regulations |
|
Access
to global market |
|
Customer
loyalty |
|
Quality
of recruited and retained workforce |
| For
the Employees, CC enhances -- |
|
Better
working enviroment |
|
Opportunities
to express individual commitment to social development |
|
Opportunities
for employee training |
| For
the Community, CC enchanes -- |
|
Healthy
environment |
|
Access
to employment and livelihood |
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Local economic
development |
|
Access
to social services |
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Opportunities
to participate in local decision-making processes |
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“These
plans… will not in and of themselves achieve the results
we hope for. PBSP can only succeed with the undiminished support
and consistent commitment of member companies. We need them
to stand firm—to remain active and patient—because
it is precisely in challenging periods such as these that
society needs the most support.” |
| Manuel
V. Pangilinan PBSP
Chair,
President and CEO, Philippine Long Distance Telephone Company |
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