www.pwc.com/ph/corporate-responsibility

Sustaining hope Corporate responsibility at PwC part of it: What’s inside

Highlights | p. 4 Messages | p. 6 PwC Philippines| p. 8 CR strategy| p. 10

Highlights in FY2014 Chairman and Isla Lipana & Co. Our aim and focus areas Senior Partner Our CR initiatives The PwC network around the country Corporate CR leadership Responsibility Leader Sustaining hope

Children of San Isidro, Busuanga, Our cover depicts the power of hope as seen through the eyes of children who lived through Typhoon Haiyan. We dedicate this Corporate Responsibility Report to them and countless people who helped and continue to support in rebuilding the lives of our countrymen.

CR strategy| p. 10 Our report | p. 12 Spotlight

Our aim and focus areas Responsible business | 13 Isla Lipana & Co. celebrates 92 years as a major accounting firm in the Philippines| 9 Community engagement | 14 Philippine Gems | 11 Diversity and inclusion | 18 relief efforts |15 Environmental stewardship |20 PwC Philippines joins UK House of Lord member in Acknowledgment | 24 visit | 16 Tourism with a Purpose: More meaning in our summer travels | 19 Paper & PwC Forest | 20 Seat of Hope | 21 Posters| 23 Highlights in FY 2014

“I am satisfied with the actions PwC 93% + + is taking to be 700 4,000 socially responsible.” PwC Philippines Number of people Number of Global People Survey who participated in volunteering hours community 2014 activities

60% Female Workforce 25,000,000 15/700+ % groups and people doing 40 hits for our firm’s Philippine Gems online survey Male our Tourism with a Purpose campaign

Developmental Social Enterprise fiof its kindrst of awards 900+ Awards nine participants to our program in the Philippines staff on secondment Prepare for Work program

PwC Forest PHP1.5m 15+ 1 in 2015 Cash donations received from PwC PH employees for relief Number of PwC member and rebuild operations firms that donated for Typhoon Haiyan

4 Batanes

Pagudpud Kapurpurawan Bacarra

Our CR initiatives Vigan around the country

Sagada Mt. Pulag

Baler

Relief and rehabilitation efforts Mt. Pinatubo

Metro Manila Calaguas

Lian Caramoan

Philippine Puerto Galera Gems sites

Donsol Biri Island

Busuanga/Coron Apo Reef Boracay

Tourism with a Purpose sites Tacloban Lawaan Taytay Camotes Island

Mt. Kanlaon Danjugan Island Bohol Oslob Panglao Bucas Grande

Camiguin Apo Island

Cagayan de Oro

Tubbataha

Lake Sebu

5 Our purpose

donations of clothing, toys and school Message from our Chairman Time and again, we as a nation have shown resiliency to face any challenges supplies. Employees were also quick to and Senior Partner and hardships may it be man-made or respond to the call for volunteers from by force of nature. At Isla Lipana & Co., organizations, such as the Philippine we believe that we should work hand in Red Cross. hand in helping our fellow Filipinos by While we belong to a network of inspiring hope in times of deprivation. member firms operating independently, We believe that by doing things right, we felt the presence and support given we become a catalyst for change that by our PwC family from the outpouring creates a more sustainable future. messages of concern and prayers What we learned from these challenges and donations sent for the victims of shaped our road map for Corporate Typhoon Haiyan. As of March of this Responsibility (CR). This year, we year, we received a total of PHP7.7m revisited our plans for corporate donated by the PwC firms around the events and decided to allocate more world. resources to our efforts in helping our In coordination with the Department countrymen. We included CR activities of Education, we allocated the donated even in our summer outings that had funds to the repair of three schools in significant impact in giving back to Eastern Visayas. The devastation in the communities and sharing of our these towns received little publicity and blessings. support compared to Tacloban, located The aftermath of the 7.4 magnitude only two hours away. earthquake in Bohol in October 2013 Isla Lipana & Co. Foundation refocused and Typhoon Haiyan in November its target areas for the Seat of Hope 2013 has made us realise the need to project to the Typhoon Haiyan- devote more time and resources to our devastated schools. The firm and the CR projects. While keeping in line with foundation donated a total of 1,500 our four focus areas, the firm was quick school chairs to 28 classrooms hit by to mobilise its resources in extending the typhoon. This is in partnership with assistance to our staff who were affected Philamlife Foundation. by the recent disasters. Everyone was encouraged to do their share. Carton In 2013, we launched the Philippine boxes were placed inside the office for Gems, our own way of helping the

“... a greater appreciation of things, so that a sense of purpose precedes vision and strategy.” ~ Alex Cabrera, Change for the better, Philippines (The Philippine Star)

6 tourism sector by promoting the Message from our Corporate It is with great pleasure to share with Top ten next tourist destinations via Responsibility Leader you the first PwC Philippines Corporate public online voting. The Philippine Responsibility report. While much of Gems project has given us more the highlights of this report are focused opportunities to be engaged in the on our disaster response and relief community. We plan to promote efforts for victims of the earthquake these sites further by focusing most of in Bohol in October 2013 and then our CR activities in these areas. The Typhoon Haiyan in November 2013, 2014 tax calendar has been produced we are pleased to report to you that the to support the campaign while a coffe firm has been very active in aligning table book will be released soon. our programs with our network’s focus areas: responsible business, diversity As our PwC Global Chairman Dennis and inclusion, community engagement Nally shares, “from where we stand and environmental stewardship. today, it is difficult to predict how the world will change.” Though this It is a blessing indeed to be a part of may hold true to the country and the firm’s Corporate Responsibility the Philippine firm in the coming Team and I will always be grateful for years, I believe that we are more the opportunity to work with generous than ready to brace challenges. The people in the office and in the PwC firm stands prepared to face the Network to make a difference and be demands in climate change and “part of it”. demographic shifts. PwC Philippines, You will all be proud to know like our people, will continue to be that we are a network of kind and strong and passionate in answering compassionate people. We are blessed the call for action as recently with big-hearted volunteers within the manifested. Corporate Responsibility firm and the network, and supportive is an integral part of our being. institutions and organizations, which We will continue to deliver quality share the same objectives in creating work to our clients, lend a hand to greater impact in delivering help, communities, and with integrity, help support and care to others. build a better country. We hope that we will be able to continue to inspire and communicate what Corporate Responsibility is all about. As our Chairman and Senior Partner, Alex Cabrera has shared in Alexander B. Cabrera his message, we will continue in doing the right things and be a catalyst for change. We can all just be excited of the greater things ahead for the firm and we will consistently remind ourselves to translate our accomplishments to more projects that will make each one of us “part of it”.

Gina S. Detera

7 Isla Lipana & Co. is the Isla Lipana & Co. Philippine member firm of the PwC global network

Our firm has provided professional services in the Philippines for 92 years. We stick to the highest quality standards in delivering audit and assurance, tax and advisory services within and outside the Philippines. Our diverse team of experienced professionals includes accountants, tax advisers, systems analysts, economists, human resources professionals, project development managers, industrial engineers, and investment advisors. Isla Lipana & Co. performs audit, taxation, advisory and Japanese business services. We deliver quality services to our clients through our main office in Makati City and our branch office in . We now have 20 partners and over 700 professional staff.

ThePwC PwC at network a glance US$32bnUS$32 billion revenues forfor thethe fiscalfiscal yearyear endedended 776 30 JuneJune 20132013 locations

184,235 people 157 including 9,597 partners and countries 174,638 staff

PwC helps organisations and individuals create the value they’re looking for. We’re a network of firms in 157 countries with more than 184,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com

www.pwc.com/communications 6 8 Spotlight Isla Lipana & Co. celebrates 92 years as a major accounting firm in the Philippines

dela Paz Florento Lipana Lopez Cunanan Isla

In 1922 Charles P. White and Percival S. Page opened an accountancy practice in the Philippines called White, Page & Co. Over the years the firm underwent several name changes — from Stewart, Cunanan & Co. to Joaquin Cunanan & Co. and Isla Lipana & Co. Under the leadership of its past chairmen and senior partners, the firm continues its legacy of integrity and quality work.

Cabrera

CR leadership Chairman and Senior Partner

PwC PH CR Team Headed by Assurance partner, Gina Detera, the firm’s Corporate CR Lead Partner responsibility core team is composed of 15 volunteers CR Director from different departments and lines of service. The CR Manager members provide volunteer Established in 2007, the Isla hours to help in the planning Core Team Lipana & Co. Foundation, Inc. and execution of the firm’s is a non-profit independent CR activities. organisation composed of the firm’s present and former partners in the Board of Trustees. Retired PwC Partner Blesilda Pestaño, Volunteers sits as the current chairman. The Foundation aims to promote social awareness and responsibility.

9 Corporate Responsibility strategy

Strategy These aims form the core of our global We aim to: CR Strategy. Across the PwC network, At PwC we believe in being ‘part of it’: our firms support these network-wide part of the global conversation and goals. To align and structure our CR Do the right thing movement towards responsible business activities across the network, we focus practices that create positive change in on four areas in which PwC people the world. across the world can play their part: Be a catalyst for change We have many capabilities that are 1. Responsible business: focusing relevant to CR – the same ones we on issues on ethics, integrity use in our businesses every day – and and building trust; creating new we aim to put these to use working client services; creating new We focus on: with others to make a difference. We reporting standards; developing help organisations around the world approach to responsible and ethical strengthen their own CR agendas procurement responsible diversity & through the many services that we 2. Diversity and inclusion: provide every day. encouraging open minds; creating business inclusion However, we want to go further. career opportunities; creating Through our own CR agenda, we can be leaders; creating better work places part of the solution to global challenges for our people in two ways. We set out our strategic 3. Community engagement: intent as: supporting education programmes; Doing the right thing, which means supporting social entrepreneurs; community environmental playing our part on responsible business raising reporting standards for non- engagement stewardship issues that are central to our business for-profit sector; contributing to – from the quality of our services and disaster recovery the diversity of our people, to our 4. Environmental stewardship: engagement with communities and our creating new client services; environmental footprint. creating a new language for Being a catalyst for change, which business decisions; reporting is about using our skills, voice, and our green house gas emissions; relationships to work with others supporting the creation of new and influence activities that make a water management methods; difference, create change and have a creating new sustainable office lasting impact on the world around us. environments; engaging our staff

10 Spotlight Philippine Gems: Our journey continues

Batanes Danjugan Island

Calaguas Islands Mt. Kanlaon Caramoan

Tubbataha Biri Lake Sebu Apo Island Panglao

How come an auditing firm picked a The project was a collaboration among Our popular Tax Calendar has featured tourism campaign as its major corporate our firm, the country’s top tourist the sites. Just recently, we started social responsibility project? bloggers, academe, media personalities awarding the special Philippine Gems and the government. welcome markers to these places and We owe it to our country to make its encouraged our people to include these But our journey has not stopped when treasures known to its people and pave sites in their summer outings. We are we announced the winning destinations. the way to development and a better also producing a Philippine Gems coffee future for Filipinos. We aim to extend support to these table book soon. wonderful places by continuing to This is the reason why we launched a The Philippine Gems and its forerunner promote it in our communications, nationwide online survey to discover nation-building campaign, Philippine conduct our CR work in their the next top Philippine tourism Resiliency, and similar future projects communities whenever possible and try destinations. The survey garnered a will remain part of our corporate to connect their local government units staggering 25m hits online. responsibility work. See www. to national development agencies. philippinegems.com for more info.

The judges

Tourists proudly blog the Philippine Gems sites Advocating the Philippine Gems. Tri-media promotion to improve awareness of the Philippine Gems project With former US Ambassador to the One email, one vote for the voting site Philippines, Harry Thomas, during the offline promotion

11 part of it: Our people believe in what we do Results from our firm’s annual survey were among the Reporting what we best ratings in the PwC network. committed 93% “I am satisfied with the This comprehensive report generously participated in actions PwC is taking to has been prepared to inform their own special way. be socially responsible.” our publics of our Corporate 2014 PwC Global People Survey We are happy to share our Responsibility efforts, initiatives, accomplishments especially at a time when big or small, as we continue our country has been beset to strategically align our CR by calamities, one after the efforts on the four focus areas other in the last few months. of corporate responsibility. + Our call for assistance in the This report may not cover + midst of this crisis received stakeholder relations 700 4,000 overflowing support in cash and other quantitative and in kind and in volunteer comparison and analysis, but Number of people Number of time from our employees we hope to tell a story that participating in CR volunteering hours and from the PwC network. will inspire and communicate activities We owe this report to our what we have been part of: various stakeholders to be helping and giving back to transparent in all our CR those who need it most. activities, especially to our people who volunteered and

Volunteers: Bringing joy to the community of San Isidro. This remote island in Busuanga, Palawan received very little support after Typhoon Haiyan.

12 Responsible Business Focusing on issues, ethics, integrity and building trust

Our chairman shares our firm’s integrity best practices

“Advanced” rating and the Tax Calendar Integrity Initiative Summit Encouraging compliance Sharing our best practices One of the most sought-after to inspire change publications of the firm is our Tax Isla Lipana & Co. was validated as among Calendar that lists all important the very few “Advanced” companies in payment and registration schedules terms of integrity best practices. from the Bureau of Internal Revenue, The firm also supported the 3rd the Securities Exchange Commission Integrity Initiative Summit organised by and other government agencies. Integrity Initiative, a private sector-led Through this, our firm encourages campaign aiming to strengthen ethical business owners to plan ahead standards in society. It aspires for a and ultimately do their part in the level playing field for business, where commerce of our country. ethical companies enjoy competitive The 2014 Tax Calendar features the top advantage in both government and destinations from the firm’s Philippine private sector transactions. This initiative Gems online survey. By producing is implemented by the Makati Business the tax calendar with these scenic Club and the European Chamber of photos, we also hope to contribute to Commerce of the Philippines. our country’s tourism industry and boost economic activities in these communities.

Our code of conduct www.pwc.com/ethics Upholding the PwC name Corporate citizenship

We express support for fundamental human rights and avoid participating in business activities that abuse human rights. The only way we do business Our clients and colleagues trust PwC based on We act in a socially responsible manner, our professional competence and integrity– within the laws, customs and traditions of the qualities that underpin our reputation. We countries in which we operate, and contribute uphold that reputation. in a responsible manner to the development of communities. We seek to serve only those clients whom we Doing the are competent to serve, who value our service We aspire to act in a manner that minimises and who meet appropriate standards of the detrimental environmental impacts of legitimacy and integrity. our business operations. right thing— When speaking in a forum in which audiences We encourage the support of charitable, would reasonably expect that we are speaking educational and community service activities. as a representative of PwC, we generally state only PwC’s view and not our own. We are committed to supporting international the PwC way and local efforts to eliminate corruption and We use all assets belonging to PwC and to our financial crime. We live by the core values of excellence, clients, including tangible, intellectual and electronic assets, in a manner both responsible Code of conduct and appropriate to the business and only for teamwork and leadership legal and authorised purposes.

6 7 12 13

Our responsibilities Respecting others

We treat our colleagues, clients and others The PwC Code of Conduct de nes how we should with whom we do business with respect, behave and conduct business in a wide range of dignity, fairness and courtesy. settings and situations. The attached Framework for Ethical Decision Making supplements the Code We take pride in the diversity of our workforce and will help us resolve issues. and view it as a competitive advantage to be nurtured and expanded. It is the responsibility of each of us to follow the Code of Conduct and PwC policies consistently We are committed to maintaining a work and appropriately and help others to do so. environment that is free from discrimination, When non-compliance with our Code of harassment and retaliation. Conduct is reported or otherwise suspected, steps will be taken to investigate and, if We try to balance work and private life, and appropriate, remedy the situation. help others to do the same.

We are encouraged to report and express our We invest in the ongoing enhancement of our concerns and must do so fairly, honestly and skills and abilities. respectfully. PwC is committed to protecting individuals against retaliation. People in the We provide a safe working environment for reporting line are responsible for addressing our people. issues that are brought to their attention.

Isla Lipana & Co.

11 14 19 10

13 Community engagement Contributing to disaster recovery

Responding The immediate and total outpouring of support to Typhoon has outshone the damage of the worst typhoon ever recorded. Funds donated through our Haiyan firm are being used to carry out repair and rehabilitation in areas hit by Typhoon Haiyan.

1 2 3 4 Appeal for Being there for Rebuilding National help them hope collaboration Isla Lipana & Co./ Immersion, Medium and Supporting PwC donation drive assessment and long-term the country’s and immediate understanding rebuilding rehabilitation relief effort the needs of efforts and recovery communities

14 November 2013 Up to February 2014 April 2014 to present Starting in May 2014

Just three days We began our We implemented Work began for after the typhoon relief efforts and a plan for school the Presidential struck, we started continued our fund and community Assistance for pooling our drive and immersion rehabilitation Rehabilitation and support resources activities Recovery

PHP1,500,0000 US$1,000,0000 Firm cash and in-kind donation PwC global network donations

Donations from our partners and Donations from the PwC network of firms staff for reached almost US$1m Philippine Red Cross PHP7m was turned over to the Philippine firm. Rotary Club Some PwC firms gave directly to global disaster response organizations Management Association of the Philippines The donations received by the PH firm were earmarked for medium- and long-term recovery Catholic Bishops of the Philippines and rehabilitation efforts(see page 17) PwC relief efforts to Coron, Palawan Affected PwC staff

Spotlight Bohol Earthquake Response

More than 300 families, countless patients in hospital tents and community health centers, and more than a hundred children benefitted from the PwC Philippines’ relief mission held from 15 to16 November 2013 in three municipalities of Bohol. These are the survivors of a 7.2 magnitude earthquake that shook the island province in October 2013.

Medicine distribution in Loon Relief distribution in Antiquerra Relief distribution in Maribojoc 15 Christmas Party for the Kids of Busuanga Some 600 children of Busuanga, Palawan experienced perhaps their most unforgettable Christmas ever when our Corporate Responsibility (CR) Team traveled to this remote area to hold a Community Outreach program last December 2013. Retired PwC PH Partner, Myrna Fernando and PwC US manager Michael Murphy and wife Michelle, joined the CR Team as volunteers. Busuanga residents suffered the same brunt of super Typhoon Haiyan when it made a final stop in this place before exiting the country.

Isla Lipana Foundation sponsors “Cinderella” benefit show for the Seat of Hope project

Isla Lipana & Co. Foundation, led by its Chairman Bles Pestaño and its officers raised funds for the “Seat of Hope” project to donate classroom chairs in selected areas in Central Visayas devastated by Typhoon Haiyan. The Foundation sponsored Rodgers & Hammerstein’s “Cinderella”, a Resorts World Manila production held last 8 December 2013 as its most recent fundraising activity for the “Seat of Hope” project.

Spotlight PwC joins UK House of Lord member in Leyte visit

PwC Philippines joined Rt. Hon. Lord Jack McConnell of Glenscorrodale, a UK Parliament member, in his recent volunteer work for “VSO Bahaginan” where he visited Tacloban City and certain municipalities for a multi-sectoral discussion on the continuing Typhoon Haiyan rebuilding efforts.

Tacloban City Dulag, Leyte Capoocan, Leyte PwC dinner, Makati City Meeting with members of the Unit- Discussion on Typhoon-resilient Meeting with local leaders to Lord Jack shared his experience ed Nations and international and shelters with the community discuss livelihood programs with retired PwC PH partner Jenny local civil society groups actively Arciga and the CR team led by helping in rebuilding efforts Gina Detera

16 PHP7.7m where the donations went Classroom 1,500 Shelter construction Seat of Hope chairs repair In coordination with Gawad Kalinga (GK), Through Isla Lipana Foundation and we donated funds for the construction of one As of July 2014, repairs village — homes for 20 families — of six classrooms in PhilamLife Foundation, we supplied classroom chairs and teachers’ desks in Lawaan, . As of July 2014, we have Lawaan, Samar had been released PHP1.65m for the construction that completed. to the 28 newly-built Philam Paaralan schools in areas hit by Typhoon Haiyan. commenced in August. Completion of 20 houses is in December 2014.

PHP1.612m PHP1.046m PHP3.300m

Collaboration work with the Presidential Assistance for Rehabilitation and Recovery (PARR) Supporting the country’s rehabilitation and recovery for Typhoon Haiyan • PwC Philippines and PwC global leaders have committed to provide consulting services to PARR. • PwC partners and senior staff from here and PwC US will be deployed to PARR. • PwC has earned a reputation as the leading global reconstruction and development advisor having expertise in some of the world’s worst disasters, such as Hurricane Sandy in the US, Haiti’s major earthquake and the South Asian Tsunami.

17 Diversity and FUN-tastic Friday A party for all Inclusion Creating better workplaces and opportunities for our people

To promote a non-sectarian celebration up as someone inspiring, like a favorite of Halloween, the firm mounted FUN- super hero or celebrity. Work stations tastic Friday. Held during the last Friday were adorned and designed with of October, FUN-tastic is a celebration of recycled materials. The activity pushed positivity and great possibilities where everyone to be creative, innovative and participants are encouraged to dress most of all — fun.

SportsFest Vitamins, massage and Wellness at play support for nursing mothers We are a firm of talented and Wellness at work competitive people and we demonstrate Our office supports our people in it during our annual Sportsfest. Each performing tasks for our clients, department sends its best players to specially during the busy season. compete in the basketball, volleyball, A regular supply of Vitamin C is chess, bowling and badminton events. distributed to all employees. A group The much-awaited cheerdance contest of professional blind masseurs provide kicks off the opening day of the games. relief and relaxation. We provide a Winning teams get to display their supportive environment to enable trophies at work, a year of bragging breastfeeding employees to express rights and the spirit of teamwork and their milk during work hours. A private camaraderie. place has been arranged to serve as nursing room.

Gender equality is alive in our workforce Global mobility 60% Female 9 staff secondments % 40 for FY2014 Male

18 Spotlight Tourism with a Purpose: More meaning in our summer travels

Our firm encourages all employees to plan their group summer travels by including a corporate responsibility activity in their itinerary. Employees were also asked to be creative and consider holding their trips in any of the Philippine Gems sites. The result was overwhelming as 15 groups from different departments and LOS organised CR activities such as mangrove and coastal clean-up, feeding program for school children, repainting of schools and calesa (horse-driven carriage), and donation of books and school supplies.

Mangrove clean-up in Siquijor Feeding program and school supplies School repainting and school supplies in Calesa repainting and school supplies in Finance donation in Baler, Aurora Tax Consulting Lian, Batangas Tax Support Vigan, Ilocos Sur Tax CAS

School supplies and bagging of soil for GK Brigada Eskwela in Caramoan, Coastal clean-up in Oslob, Cebu Feeding program and school supplies Village in Puerto Galera Tax IAS Camarines Sur WMS Human Capital donation in Bacarra, Ilocos Norte GTS

Brigada Eskwela and donation of Slippers and art supplies donation in Donation of school supplies in Baler, Coastal clean-up, donation and installation slippers in Assurance A Boracay PwC Consulting Phils. Aurora Assurance C of trash bins in Calaguas Risk Assurance

Coastal Clean-up and donation of books in House build in Bohol School supplies donation in Boracay Danjugan Island Markets & Management Assurance B Deals Advisory

19 Environmental Stewardship Less Paper campaign Cut the clutter, work efficiently and Minimising our This program aims to reduce Less save the planet with these simple reminders: environmental the use of paper and printing Paper “Think before you print” impact in our workplace. It covers Do you really need to print it? It’s not only paper you’ll from quick but high impact consume precious toners and inks as well. For more Office info, read the Think Green reminders. solutions to decrease paper Use digital copies use, to long-term initiatives Either as back-up or not, documents in digital form are that will eventually help us easy to file, easy to search and easy to distribute.

achieve a paperless office Prefer electronic subscription environment. While the drive If available, get the digital copy of your favorite reads. Own an electronic library where any publication can focuses on minimising the use be zoomed, cut, annotated and shared. of paper and printing, it also Get paperless billings addresses the issue of retaining and faxing Service providers offer incentives if you opt for paper use for legal, security paperless billings. Remember as well that faxing and business transaction consumes twice paper per transmission — the thermal paper and usually a photocopy. purposes. Scan and store it Scanners are smarter today. Aside from capturing contents, it can detect and translate scanned texts for easy editing. After the scan, paper documents can now be returned to its sender or go directly to you recycling tray.

Keep one notebook Notebooks are indispensable in taking down notes, — so be faithful. Use every page before getting a new notebook.

Don’t hoard papers In most situations, hoarding is basically unhealthy. Get Spotlight what you need and manage what you have. Paper & PwC Forest part For more information, visit the PwC Philippines of it: Corporate Responsibility Spark Page.

Offsetting our paper use

Earth Hour Every year the firm takes part in celebrating Earth Hour and encourages its employees to turn FY2014 FY2015 off non-essential lights or gadgets for an hour. Submission of photos, 4.4m 1ha changing of profile picture in Spark sheets of paper for PwC Forest and other social networking sites consumed and Earth Hour email signature were some of the activities done to promote this event.

Going digital Doing business in the Philippines 2014 Lunch Lights Out Our little way in energy conservation and reducing carbon Isla Lipana & Co.

Doing business . ed erv res in the Philippines hts © 20 ll rig 2014 14 Isla Lipana & Co. A footprint is to turn off lights during lunch time (12pm-1pm).

Isla Lipana & Co.

Doing business . ed erv res in the Philippines hts © 20 ll rig 24 2014 14 Isla Lipana & Co. A estimated number of

trees saved by using Isla Lipana & Co.

. ed erv res hts © 20 ll rig ecards and ebooks 14 Isla Lipana & Co. A

20 Community engagement Supporting education programmes

Let’s Prepare for Work This is a whole day program of lectures, sharing Eight runs in six and simulations for graduating students and 8&6 campuses/review centres Cetified Public Accountants (CPA) board examination reviewees. The goal is to prepare participants so they have a better chance of + Over 900 participants securing employment in their organisation of 900 choice.

Scholarships and Professorial Chairs Through the Isla Lipana & Co. Foundation, Inc., the firm has actively supported deserving and intelligent accounting students from public universities to make sure that they will be able to fulfil their dreams. Coaching sessions and grants to finance review expenses in preparation for the CPA licensure exam are also given. To provide quality education and promote innovative accounting practices in the academe, the firm is also sponsoring a Professorial Chair in Business Administration Major in Accountancy at the University of the Philippines.

Spotlight Seat of Hope

In partnership with the Isla Lipana & Co Foundation, Inc. the Seat of Hope project aims to provide quality school chairs to flood-prone areas in Metro Manila and neighbouring provinces. Last year, we donated a total of 1,058 school chairs in three high schools in Valenzuela, Rizal and Bulacan. This year, we extended our reach to cater schools in areas hit by Typhoon Haiyan. Three hundred chairs were donated to schools in Lawaan Eastern Samar while 1,200 chairs were donated to Philam Foundation’s Philam Paaralan project in Iloilo, Cebu, Leyte, Samar and Tacloban.

21 Community Engagement Supporting social Developmental Social Enterprise Awards entrepreneurs Together with the Benita and Catalino Yap Foundation (BCYF), our firm organised the Developmental Social Enterprise Awards, the first of its kind in the country. Through the awards, we aim to promote and recognise social enterprises that contribute to solve social challenges. Developmental Nomination is now open and awarding is on 10 December 2014. For Social more information, please visit www.DSEAwards.com Enterprise Awards

Sustainable Business Awards Philippines

Following the success of Sustainable Business Awards in Indonesia, this year, the Philippine version of SBA was launched in partnership with Global Initiatives, PwC Consulting Phils. and other non-government organisations. The awards aim to increase awareness of sustainable business best practices and demonstrate how sustainable business can benefit companies, the environment, the communities and all stakeholders, today and for the future.

22 Spotlight Posters: Telling our stories

We produce campaign posters as part of communicating our CR initiatives. The materials also serve as a snapshot of what’s currently happening in the firm.

Acknowledgments

The partners, staff and alumni Department of Social Welfare Philippine Reef and Rainforest PwC Isle of Man of Isla Lipana & Co./PwC and Development - Baler, Conservation Foundation, Inc. PwC New Zealand Philippines Aurora Philippine Tourism Promotion PwC Poland The PwC global network Guijalo Elementary School, Board Caramoan PwC Switzerland Isla Lipana Foundation, Inc. PwC Bahamas Lions Club of Bohol PwC United Arab Emirates PwC Brazil Municipality of Biri, Northern PwC United States Bacarra II Elementary School, PwC Cayman Islands Samar Ilocos Norte ReSA Review School, Inc. PwC Central Cluster Corporate Municipality of Cauayan, Balabag Day Care Center, Responsibility Team Negros Occidental Rotary Club of Makati San Aklan Antonio PwC Channel Islands Municipality of Dauin, Negros Baler Central Elementary Rotary Club of Parañaque Oriental PwC China School, Quezon Rt. Hon. Lord Jack McConnell Municipality of Lawaan, PwC East Cluster Corporate Binunsaran Elementary School, Eastern Samar Responsibility Team Camiguin Vigan Kalesa Association Municipality of Vinzons, PwC Global Corporate Department of Environment Department of Agriculture - Camarines Norte Responsibility Team and Natural Resources - Oslob Siquijor Office of the Presidential PwC Indonesia Assistant for Recovery and Department of Education Rehabilitation

23 Corporate Responsibility contacts

Alexander B. Cabrera Chairman and Senior Partner [email protected]

Gina S. Detera Dennis P. Bautista Ampy C. Misagal CR Lead Partner Markets Finance Assurance [email protected] [email protected] [email protected] Athenis Joy B. San Jose Myla B. Berones Allan M. Cao Markets Global Technology Solutions CR Director [email protected] [email protected] Assurance/Markets Pam M. Gregorio Revelino R. Rabaja [email protected] Human Capital Tax Edwin Padillo [email protected] [email protected] CR Manager Maria Grace A. Aries Herbert C. Tuazon Markets Independence Global Technology Solutions [email protected] [email protected] [email protected] Ronald Anthony C. Melendres Roel A. Briones Learning & Development Finance [email protected] [email protected] Chrissie G. Roque Bernadette G. Aucina Markets Assurance A [email protected] [email protected] Genpros Loren C. Sanidad Tax [email protected]

www.pwc.com/ph

© 2014 Isla Lipana & Co. All rights reserved.

Isla Lipana & Co. helps organisations and individuals create the value they’re looking for. We’re a member of the PwC network of firms in 157 countries with more than 184,000 people who are committed to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.com/ph.