LCF Holds Talks on CSR Bills

LCF Holds Talks on CSR Bills

The League of Corporate Foundations (LCF) held its first forum for executive directors at 17 February 2011, with a discussion on the CSR bills as its main agenda. Dubbed “E.D. Exclusives: Let’s Talk about the CSR Bill”, the forum held in the Asian Institute of Management Conference Center gathered forty-one participants from LCF’s member organizations and its partners, the Makati Business Club (MBC), Management Association of the Philippines, and the Philippine Business for Social Progress.

The two bills filed are described as:

  1. Senate Bill 1239 (“An Act Institutionalizing Corporate Social Responsibility, Providing Incentives Therefor, and for other purposes” hereinafter referred to as SB 1928) introduced by Senator Manuel Villar;
  2. House Bill 1224 (“An Act Institutionalizing Corporate Social Responsibility, Providing Incentives Therefor, and for other purposes” hereinafter referred to as HB 1224) introduced by Congresswoman Gloria Macapagal-Arroyo.

MBC’s Research Associate Patrick Chua presented a comparative study on Senate Bill 1928 and House Bill 1224, as well as excerpts from position papers of various government agencies and businesses. An open forum, moderated by LCF Trustee and VP for Membership Linda Atayde, drew out opinions on the bill, particularly the necessity for its legislation. LCF members were able to learn wider perspectives from partner organizations through the active dialogue with MAP Governor Gregorio Navarro and PBSP Executive Director Rafael Lopa.

A team was formed to draft the LCF’s position paper on the CSR bill as well as plan the next steps for LCF’s continued participation in the bill’s development.

 




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