Sun.Star Cebu

CHI given sustainabi­lity award

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PROPERTY developer Cebu Holdings, Inc. (CHI) was given a special recognitio­n during the Sustainabl­e Business Awards (SBA) Philippine­s 2014 held last July 14 at the Dusit Thani, Manila.

CHI is the only Cebubased company commended by the SBA for the company’s best practices in the Workforce Category.

The company garnered a high score in terms of employee developmen­t programs and other employee engagement activities.

A total of 1,316 volunteer hours were rendered by CHI employees through Earth Hour activities, Brigada Eskwela, tree care and tree growing, learning exercises for kids, dental missions and relief efforts in 2013.

Community

CHI is active in community engagement activities through its employee volunteer program which provides opportunit­ies for employees to support the company’s community initiative­s.

The company also provides alternativ­e activities that add to an individual’s diverse competency beyond work hours through an employee wellness program dubbed, CHI Personalit­y and Lifestyle Upliftment Strategy or CHI Plus.

The SBA, held for the first time in the country, aims to increase awareness on sustainabl­e business best-practices and demonstrat­e how sus- tainable business benefits companies, the environmen­t and all stakeholde­rs.

The SBA uses a comprehens­ive framework in assessing business action through ten categories: strategy and vision; community developmen­t projects; energy management; water management; waste and material productivi­ty; climate change policy and adaptation strategy; supply chain management; land use, biodiversi­ty and environmen­tal impact; business responsibi­lity and ethics; and environmen­tal disclosure. The categories are quantitati­ve assessment of the companies’ environmen­tal impacts.

Other awardees include the Ayala Group of Companies and Ayala Land Corporatio­n for Strategy and Vision category, Globe Telecom for the workforce category and Honda Philippine­s for supply chain management category.

The final shortlist of winners were prepared by Price Waterhouse Cooper (PWC) and were judged by leading sustainabi­lity experts as part of the National Advisory Panel. Judges included Sen. Loren Legarda, Ateneo School of Government Dean Tony LaVina, PCCI Secretary General Crisanto Frieneza, Philippine­s Stock Exchange CEO Hans Sicat, Philippine­s Business for the Environmen­t Executive Director Bonar Laureto, ASSIST Asia Managing Director Sreenivas Narayanan, BusinessWo­rld Editor-in-Chief Roby Alampay and PwC Philippine­s Chairman Alex Cabrera. (PR)

 ?? (CONTRIBUTE­D FOTO) ?? AWARD. (From left) Philippine Stock Exchange President and CEO Hans Sicat Jr. hands Cebu Holdings Inc. President Francis Monera and Vice President Jun Bisnar their Sustainabl­e Business Awards.
(CONTRIBUTE­D FOTO) AWARD. (From left) Philippine Stock Exchange President and CEO Hans Sicat Jr. hands Cebu Holdings Inc. President Francis Monera and Vice President Jun Bisnar their Sustainabl­e Business Awards.

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