Philam Group institutionalizes annual donation to intensify CSR efforts

Many organizations adhere to a sense of corporate social responsibility through different channels like educational and social programs that benefit a marginalized sector of the population or the society at large.

One of these is the Philam Group of companies, which has been a strong advocate of the importance of giving back to the community. This year, they pledged to do more by institutionalizing its annual donation to intensify its CSR efforts.

This year, they pledged to do more by institutionalizing its annual donation to intensify its CSR efforts.

Philam_CSR

Philam Group hands-over check to Philam Foundation. (From Left) Philam Asset Management, Inc. (PAMI) CEO Ferdinand Berba, BPI-Philam incoming CEO Surendra Menon, Philam Life CEO Ariel Cantos, Philam Foundation President Maximillan Ventura, Department of Education Secretary Armin Luistro and Insurance Commissioner Emmanuel Dooc.

 

In a recent media briefing with the press titled, “Doing Good While Doing Well,” Philam Life Chief Executive Officer Aibee Cantos said, “For the past 69 years of philanthropic success, we have been actively enriching the lives of Filipino families through our various CSR programs. This year, we want to do more by pledging a portion of our annual income to ensure our CSR programs continue to expand its reach and enable us to serve more communities.”

One of the notable projects of Philam Foundation, Philam Group’s CSR arm, is the Philam Paaralan, which aims to build classrooms in calamity-stricken areas around the country, in coordination with the Department of Education. To date, the program has constructed 101 classrooms for the past four years.

The Philam Paaralan classrooms are typhoon-resilient, fully-furnished and complete with water sanitation and hygiene (WASH) facilities that are essential in providing schoolchildren a healthy environment conducive for learning.

The Philam Group, composed of Philam Life, BPI-Philam, and Philam Asset Management Inc., (PAMI), has pooled their combined annual donation amounting to Php31 million, which will be used to finance more Philam Paaralan classrooms and other noteworthy projects. A ceremonial check turnover from the Philam Group to Philam Foundation was held during the event.

 

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