Promoting growth without compromising the environment
THROUGH the years, companies have been rallying for environmental sustainability through activities that promote growth without compromising the environment.
With the constant industrialization that comes with progress, it is particularly challenging for environmental sustainability.
But many companies are at the forefront of keeping the environment intact, hand-in-hand, certainly embodying the mantra of growing their business beyond profit.
Among these companies is the First Gen Corporation, which has partnered with non-profit institutions to promote environmental preservation and education.
At First Gen, environmentalism is not just a buzz word or a part of its corporate social responsibility--environmentalism is a vital and intrinsic part of its business model through its Binhi: A Greening Legacy program.
Meanwhile, SM Foundation invests in environmental care through advocacy campaigns.
Among SM’s efforts include encouraging communities to recycle and segregate, conducting forums on the effects of climate change, and involving students with screenings featuring environmentally-themed films.
In other fields, companies’ adherence to laws and policies prescribed by government agencies provide a helping hand in maintaining environmental stewardship.
Aside from its environmental initiatives, Nickel Asia Corporation takes measures to promote care for the environment using best mining practices.
Philex Mining Corporation, which has also won several environmental awards, concluded a reforestation project in Benguet in 2017. Among the trees planted were medicinal and fruit-bearing trees, as well as tropical flowering plants and bunchgrass to prevent soil erosion.
Philex covered 110 hectares of land, double the size of their 50-hectare target.
A similar CRS project was done by the Philippines’ oldest miner, Benguet Corp..
Implementing programs and projects consistent with the government-mandated CSR, Benguet Corp. believes that protecting and caring for the environment has always been a part of the company’s social responsibility programs.
As a responsible corporate citizen, Benguet Corp. said it has pursued significant reforestation efforts in line with its strategic operations. For over a century now, Benguet Corp. has been involved in responsible mining operations, as manifested by its continuing commitment to preserve, protect and enhance the environment.
Benguet Corp. planted and nurtured to full maturity more than 20 million trees in more than 18,000 hectares of land in and around its various mining communities and timber license areas.
Likewise, Benguet Corp. also carried out programs to reestablish natural vegetation cover, extensive planting of suitable species of trees, shrubs and grass in all of the
company’s mined-out areas, waste dumps, tailing dams, road sides and other areas in the mine sites.
An endowment fund in a partnership that will help implement the Clean Air Act of the Philippines was also provided by Team Energy, one of the largest independent power producers in the Philippines.
Aside from activities upholding environmental care, several companies have upped their efforts by integrating policies in their vision.
Mitsubishi Motors Corporation, for one, announced its Environmental Vision 2020, a roadmap committed to reducing their business activities’ environmental impact, while gearing towards technology development fueled by EV technology.
Last year, Mitsubishi concluded a tree-planting program with the city of Laguna, alongside several schools and companies in the city.
On the other hand, Toyota’s vision highlights its pledge to lessen vehicle CO2 emissions by 90% compared to its 2010 levels, by 2050.
With these efforts, recognitions and awards have been given to honor companies who give value to environmental preservation and conservation.
World Wildlife Fund-Philippines has recognized developer Arthaland for being its partner in environmental works since 2010. The partnership has spearheaded programs geared towards promoting environmental education in the communities they serve.
Real estate developer Megaworld won as Best Developer in 2016 and 2017 in the Philippine Property Awards. Beyond aesthetically-pleasing designs, Megaworld was cited for its sustainable and environmental-friendly projects.
Among Megaworld’s activites was teaming up with government agencies and other companies in an environmental initiative that saw the planting of nursed mangrove seedlings in a coastal area in Iloilo city in 2014. Volunteers, including local residents and students, joined the activity aimed to preserve and protect the Iloilo river.