Categories: Client News

SM Foundation supports LCF Corporate Social Responsibility Expo 2013

<p>&lpar;Manila&comma; Philippines&comma; August 1&comma; 2013&rpar; — SM Foundation&comma; the socio-civic arm of the SM Group of Companies&comma; participated in the League of Corporate Foundations’ annual Corporate Social Responsibility &lpar;CSR&rpar; Expo&period;<&sol;p>&NewLine;<p>Staying true to its principle of &OpenCurlyDoubleQuote;People Helping People”&comma; SM Foundation is a proud member of LCF&comma; a network of corporate and business foundations geared toward promoting and enhancing its members’ strategic practices and understanding of corporate social responsibility&period; Through its Education arm&comma; the foundation has provided bright underprivileged students with the opportunity to continue their college education&period; The SM College Scholarship Program&comma; now on its 20th year&comma; is one of the many CSR initiatives of the SM Group of Companies&period;<&excl;--more--><&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;LCF has been pioneering the CSR practice even back in 1990s with SM Foundation&comma; Inc&period; as one of its earliest members&comma;” says Linda Atayde&comma; executive director&comma; SMFI-Education&period; &OpenCurlyDoubleQuote;We will continue to support the organization by being an advocate in providing more opportunities for our less fortunate brothers and sisters&period;”<&sol;p>&NewLine;<p>This year&comma; the CSR Expo&comma; titled &OpenCurlyQuote;Isang Bansa&period; Isang Bukas&period; Sabay sa Pag-unlad’&comma; focused on inclusive growth by highlighting the role of the business sector in sharing economic progress with every Filipino&period; A roster of local and international CSR leaders also took part in discussing the practices being inside the country and globally&period; Breakout sessions for the organization’s five-program committees were also highlighted&comma; namely Arts and Culture&comma; Environment&comma; Enterprise Development&comma; Health&comma; and Education&period;<&sol;p>&NewLine;<p>According to Atayde&comma; SM Foundation&comma; Inc&period; founder Henry Sy&comma; Sr&period; believes that education is an essential pathway toward economic growth&period; &OpenCurlyDoubleQuote;As the flagship program of the SM Foundation&comma; the SM College Scholarship Program holds firm in its belief that by giving bright&comma; less fortunate youths an opportunity to obtain higher education&comma; they in turn help grow the economy by helping their families out of poverty&comma;” she says&period;<&sol;p>&NewLine;<p>In 2001&comma; LCF established its first-ever CSR Expo in response to a presidential proclamation declaring the first week of July as National CSR week&period; Since then&comma; the expo had become a yearly avenue in bringing the country’s business sector together to discuss the latest trends&comma; model and practices in CSR&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This year’s theme speaks to our program well because we believe that education plays a crucial role in creating inclusive and sustainable development&comma;” says Atayde&period; &OpenCurlyDoubleQuote;By giving our less fortunate brothers and sisters a chance for higher education&comma; we are leveling the playing field and opening a lot more doors for more people&period; In the long run&comma; we are also creating a more competent and dedicated workforce that will further help our economy&period;”<&sol;p>&NewLine;<p>The SM College Scholarship program supports an estimated 1&comma;300 college scholars at any time nationwide&period; This year&comma; a total of 225 scholars graduated from the program which produced four summa cum laudes&comma; 18 magna cum laudes&comma; 48 cum laudes&comma; and 21 academic distinction awardees&period;<&sol;p>&NewLine;<p><img class&equals;"aligncenter size-full wp-image-1651" src&equals;"https&colon;&sol;&sol;old&period;teamasia&period;com&sol;wp-content&sol;uploads&sol;2017&sol;03&sol;SM-Foundation-supports-LCF-Corporate-Social-Responsibility-Expo-2013&period;jpg" alt&equals;"" width&equals;"500" height&equals;"890"><&sol;p>&NewLine;<p style&equals;"text-align&colon; center&semi;">The SM Foundation&comma; Inc&period; booth during the 12th League of Corporate Foundations’ Corporate Social Responsibility &lpar;LCF CSR&rpar; Expo&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; left&semi;"><strong>About SM Foundation&comma; Inc&period;<&sol;strong><br &sol;>&NewLine;SM Foundation is the socio-civic arm of the SM Group of Companies through which it helps the less fortunate in the communities it serves&period; The Foundation has four areas of advocacy&colon; education through scholarship programs and donation of school buildings&semi; health through medical missions&comma; mobile clinics&comma; and establishment of wellness and health centers&semi; livelihood and community development&semi; and the conduct of relief operations to victims of calamities&period; The Foundation intends to serve more communities as SM builds more malls around the country&period;<&sol;p>&NewLine;

J Darell Sapin

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