Categories: Client News

League of Corporate Foundations gives life to Corporate Social Responsibility

<p>When corporate social responsibility &lpar;CSR&rpar; was initially synonymous to corporate philanthropy&comma; business entities supported organizations whose goals focused generally on improving the lives of individuals and of society at large&period; This was done usually through corporate contributions to their own foundations&comma; or through partner organizations espousing various causes&period;<&excl;--more--><&sol;p>&NewLine;<p>Realizing the different challenges and dynamics of corporate foundations from other kinds of development organizations&comma; this sub-sector of the Association of Foundations &&num;8212&semi; 12 corporate foundations at that time &&num;8212&semi; decided to establish a non-profit association to better address the needs of its small group&period; Thus was born the League of Corporate Foundations &lpar;LCF&rpar; in 1996&period;<&sol;p>&NewLine;<p>LCF defines CSR as a corporation&&num;8217&semi;s continuing commitment to perform as a responsible member of society by behaving ethically and contributing to economic development while improving the quality of life of its workforce&comma; the community&comma; and the environment&period; As such&comma; the League has worked to become the driving force in the formation of a highly committed business sector – starting initially with its members – working effectively with communities and partner institutions toward the attainment of equitable and sustainable development&period;<&sol;p>&NewLine;<p>Since its birth 15 years ago&comma; the League of Corporate Foundations has opened its membership to corporations that undertake CSR activities&period; Many more corporations have joined the League in support of its vision to promote CSR and provide its stakeholders with effective and strategic corporate social investments&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Our goal is to keep on increasing awareness of CSR&comma; and we can do that by offering our members timely and accurate information on the standards and benchmarks of CSR&comma;&&num;8221&semi; said Cecile Alcantara&comma; League of Corporate Foundations president&period;<&sol;p>&NewLine;<p>Now with over 70 members&comma; the League of Corporate Foundations seeks to help its members achieve satisfactory social investment scorecard ratings&period; &&num;8220&semi;We also provide our members with guidelines on capacity-building&comma; networking&comma; and partnerships that can help them achieve their goals business-wise while maintaining their CSR initiatives&comma;&&num;8221&semi; added Alcantara&period;<&sol;p>&NewLine;<p>The League of Corporate Foundations consists of six committees namely&comma; arts and culture&comma; education&comma; environment&comma; enterprise development&comma; health&comma; and communications&period; These committees&comma; aided by the League&&num;8217&semi;s secretariat&comma; organize events within the country that are participated in by its members and other CSR practitioners&period;<&sol;p>&NewLine;<p>Because the League of Corporate Foundations&&num;8217&semi; CSR promotion is a nationwide campaign&comma; it does not only work for its members&period; When the first week of July was declared as National CSR Week through an administrative order in 2001&comma; the League of Corporate Foundations organized its first week-long CSR celebration&comma; starting with a photo exhibit of the work of its members&period; This modest gathering of members&comma; partners and friends from the business sector and civil society was followed by the &&num;8220&semi;enrolment&&num;8221&semi; of different CSR activities by various corporations to highlight CSR in action&period;<&sol;p>&NewLine;<p>Since then&comma; the celebration has evolved into a major Expo-Conference where various CSR practitioners and sector representatives share knowledge and insights on how CSR can be effectively practiced so that it continues to serve the common good&period; Aside from CSR knowledge sharing and CSR promotion&comma; the CSR Expos of the League have become a venue to influence more corporations to really take CSR to heart&period;<&sol;p>&NewLine;<p>Now on its 10th year&comma; the CSR Expo 2011 will take CSR to new heights&period; &&num;8220&semi;The League aims to take CSR a level higher because for years&comma; we have been talking about CSR updates – new trends&comma; new practices – but we haven&&num;8217&semi;t been focused on how to bank on these developments to achieve our primary goal&comma;&&num;8221&semi; explained Alcantara&period; She further stated that this year celebrates three major events in CSR&colon; the League&&num;8217&semi;s 15th anniversary&comma; the CSR Expo&&num;8217&semi;s 10th year&comma; and the International Year of Volunteerism&period;<&sol;p>&NewLine;<p>Aside from its annual CSR Expos&comma; the League of Corporate Foundations also runs a CSR capacity-building program that aims to professionalize the practice of CSR of its members and other business entities that wish to strengthen their CSR initiatives&period; This program&comma; in effect the &&num;8220&semi;CSR Think Tank&&num;8221&semi; of the LCF&comma; also conducts workshops and forums on how to achieve business goals and still practice CSR&comma; has helped craft a CSR curriculum for the tertiary level&comma; and produces CSR-related research studies and publications&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We will continue blazing the trail to sustainability as we go further&comma;&&num;8221&semi; stated Alcantara&period; &&num;8220&semi;With the support from different CSR practitioners&comma; we can work more efficiently and effectively for a better tomorrow&period;&&num;8221&semi;<&sol;p>&NewLine;<p><b>About LCF<&sol;b><br &sol;>&NewLine;The League of Corporate Foundations is a network of over 70 operating and grant-making corporate foundations and corporations that promotes and enhances the strategic practice of Corporate Social Responsibility among its members and the larger business community&comma; towards sustained national development&period;<&sol;p>&NewLine;

J Darell Sapin

Recent Posts

Social Listening: Know What People Are Saying About You Brand

In this blog, we take an honest look at just how quickly a single viral…

3 months ago

SEO That Drive Leads for Businesses

Improve SEO for service-based businesses in the Philippines with intent-driven keywords and content that converts.

3 months ago

Integrated Marketing Communications Plan That Works

Explore how aligned brand messaging across every channel helps improve campaign consistency, strengthen recognition, and…

3 months ago

JOY IS AN ACT OF RESISTANCE

Pride Month can mean many things to those who celebrate it: bright colors, parades, parties,…

3 months ago

Reputation Marketing: Turn Trust into Long-Term Growth

In today’s digital-first environment, brand perception can shift quickly. A single review, comment, or viral…

4 months ago

TECH DEVELOPER (Full Time)

TeamAsia is looking for a detail-oriented and versatile Tech Developer to join our technical team.…

4 months ago

This website uses cookies.