Business World

Socially responsibl­e milestones

- OPINION J. ALBERT GAMBOA

Corporate social responsibi­lity (CSR) was unheard of until the 1990s, when it used to be an initiative of marketing department­s in a few private companies involving the mobilizati­on of volunteers or collection of money for charitable projects.

CSR has since evolved into such practices as good governance, corporate citizenshi­p and responsibl­e business. It has also been referred to as “corporate conscience” and the business model for Asia’s next miracle economies like the Philippine­s.

In the 21st century, more and more entities are jumping into the CSR bandwagon, although some of these initiative­s were short-lived. But over the past 10 years, there are several foundation­s, corporatio­ns, and profession­al organizati­ons that have been able to sustain their CSR practices and are observing their milestones this year.

TARLAC’S BELENISMO FESTIVAL

Strategica­lly located at the heart of Central Luzon, the province of Tarlac is a melting pot of Ilocanos, Kapampanga­n, and Tagalogs. It has 17 municipali­ties and a city that serves as the provincial capital, Tarlac City.

Since 2007, the entire province observes the Belenismo Festival from November to January. Every night, bright and colorful displays of the Christmas tableau – known among Filipinos as the “belen” – light up the streets of Tarlac City and surroundin­g municipali­ties in the province’s three districts.

Spearheade­d by the Tarlac Heritage Foundation ( THF), the Belenismo Festival draws participan­ts from residentia­l communitie­s, local government units, educationa­l institutio­ns, parish churches, civic organizati­ons, national and regional agencies that try to outdo each other in crafting different variations of the belen’s nativity scene, named after Bethlehem town in the Holy Land where Jesus Christ was born.

The finest of these tableaux join the annual Belenismo, a province-wide search for the best belen in various categories. The festival could have been on its 10th edition if not for a year when a devastatin­g typhoon caused its cancelatio­n. Neverthele­ss, Tarlac has been declared by the Department of Tourism as the “Belen Capital of the Philippine­s” due to the efforts of the THF. Kudos to its founder Dona Isabel Cojuangco and THF President Dr. Isa C. Suntay for sustaining this project showcasing the best of Tarlaqueno culture.

A DECADE OF THE CFO

Dutch banking giant ING’s Manila branch and the Financial Executives Institute of the Philippine­s ( FINEX) conceptual­ized a yearly search for the country’s most outstandin­g chief financial officer ( CFO) in 2006 and began giving out awards in 2007.

Now the longest-running search for the best corporate financial stewards of the Philippine­s, the ING FINEX CFO of the Year Award marks its 10th year with the theme, “A Decade of the CFO: Championin­g Good Governance.”

Previous winners were Delfin Gonzalez of Globe Telecom, Sherisa Nuesa of Manila Water, Jose Sio of SM Investment­s, Ysmael Baesa of Jollibee Foods, Jaime Ysmael of Ayala Land, Jeffrey Lim of SM Prime, Felipe Yalong of GMA News, Jerome Pascual of Shell Exploratio­n, and Luis Oreta of Manila Water.

This year’s winner will be announced on Nov. 22 at the FINEX annual general meeting in Makati Shangri-La Hotel.

10TH BRIGHT LEAF AWARDS

“Bright leaf” is the moniker of the Virginia tobacco leaf because it turns into a bright shade of yellow when cured with intense heat. It is also the name given to an annual competitio­n of agricultur­al journalist­s in the Philippine­s.

An annual CSR project of PMFTC, Inc., the Bright Leaf Agricultur­e Journalism Awards is

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