enabling sustainability - Aboitiz Power
enabling sustainability - Aboitiz Power
enabling sustainability - Aboitiz Power
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Corporate<br />
Social<br />
Responsibility<br />
The <strong>Aboitiz</strong><br />
Foundation, Inc.<br />
is the catalyst for corporate social responsibility in the group . For over 20 years, the<br />
Foundation has proven its success in focusing on education, enterprise development,<br />
primary health and child care, and other corporate donations. The Foundation is also<br />
putting in more focus on such environmental concerns as issues of global warming and<br />
climate change.<br />
In 2010, the <strong>Aboitiz</strong> Group CS R initiatives allotted an estimated P 245 million for various<br />
projects in education, corporate and other donations, primary health and child care,<br />
enterprise development and environment. Fifty three percent (53%) of the amount<br />
donated were allocated for education.<br />
Most of our projects require beneficiary inputs<br />
as we hope to see our communities grow as<br />
our business grows. We want our beneficiaries<br />
to be rightfully called our partners in social<br />
development.<br />
Erramon I. <strong>Aboitiz</strong>, President and CEO of <strong>Aboitiz</strong> Equity Ventures and Chairman of<br />
<strong>Aboitiz</strong> Foundation.<br />
In 2011, <strong>Aboitiz</strong> Foundation is set to implement more projects in the community with its<br />
budget allocation growing from P 106 million in 2010 to P 250 million for 2011.<br />
ABOITIZ SUSTAINABILITY REPORT 2010<br />
25