Firms must push for inclusive growth, say CSR advocates


Posted at Feb 08 2019 04:38 PM

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MANILA – Companies should support social enterprises that encourage inclusive growth, a corporate social responsibility advocacy group said Friday. 

It is also "critical" for the Philippines to adopt a growth model that also focuses on medium and small enterprises, said Philippine Business for Social Progress executive director Rey Laguda. 

"The challenge that we face is really making sure that it is more than philanthropy, it’s more than just public relations and this is really something that ties to the value that the business holds," Laguda said.

The group hopes to "deepen engagement" to boost economic growth and help in poverty reduction, he told ANC's Market Edge.