Corporate Social Responsibility has many facets, one of which is the thrust to maintain programs for the local communities directly affected by the point of impacts of corporations.
Through these programs, companies provide the communities access to one of the basic needs of life while at the same time, give avenues for better livelihood to combat poverty.
These programs allow the affected communities to have the fundamental human right to fulfilling dignified work and livelihood, including equal access to land and productive resources and to basic labor protections.
According to the World Bank, the Department of Social Welfare and Development has led in the provision of opportunities for income-generating activities and livelihood development through the implementation of the Sustainable Livelihood Program since 2011.
“This policy note describes the program and reflects on opportunities the program has for improving and complementing other social protection programs,” the report said.
Furthermore, the objective of the Sustainable Livelihood Program is to reduce poverty and inequality by generating employment among poor households and by moving highly vulnerable households into sustainable livelihoods toward economic stability.
Indeed, livelihood programs have benefitted numerous individuals in touchpoints, where companies are situated and many more in different parts of the country.
Over the years, CSR-related programs in livelihood and entrepreneurship are geared towards the attainment of sustainable growth, which demonstrates how various stakeholders, both public and private, take care of the communities near their businesses.
Read on to see how these businesses provide economic opportunities for the people.
