VISION ABOUT PBSP Philippine Business for Social Progress (PBSP) is the country’s largest business-led NGO and operates at the nexus of corporate citizenship, sustainable development, and poverty reduction.. Established in 1970, PBSP remains a consultant and partner of To lead choice of companies and donors. the business sector’s efforts to reduce poverty PBSP scales up impact by adopting the Collective in the Philippines Impact strategy to solve large, complex, systemic problems. PBSP organizes Platforms for Collective Engagements (PlaCEs) to ensure alignment and sustainability of initiatives by multiple stakeholders. Responding to the changing landscape of CSR, MISSION PBSP’s brand of corporate citizenship taps into the core business competencies of companies and promotes inclusive business as a strategy. PBSP also continues to strategically engage companies through social investment, responsible business practices, and philanthropy. PBSP creates sustainable solutions to societal problems in its core program areas which are Health, Education, Environment, and Livelihood and PBSP is committed Enterprise Development. It also provides off-the-shelf to poverty reduction by promoting options for engagement of companies and their business sector leadership and employees. commitment to programs that lead to self-reliance With a proven track record, PBSP provides end to-end services in development consulting which include project and grants management, events and backroom management. ABOUT THE COVER ABOUT THE 50TH ANNIVERSARY LOGO On the cover is the number 50 bearing the different logos of PBSP since the 1970s. It also contains the different icons that The 50th Anniversary logo of PBSP symbolizes the symbolizes PBSP’s projects in health, Foundation’s five decades of uplifting lives. The education, environment, and livelihood. color blue embodies the business sector while the These logos and icons symbolize PBSP’s five green circle symbolizes the community we serve. decades of uplifting lives and the Foundation’s The golden human-shaped-swoosh inside the circle commitment to continue its work in poverty portrays the individual for whom and with whom reduction and sustainable development PBSP dedicates its mission. STATEMENT OF COMMITMENT PRIVATE THE MOST THE GROWTH ENTERPRISE VALUABLE AND VIGOROUS RESOURCE in any country is the person. The higherpurpose of private enterprise is to build social and economic conditions, development of private by creatively and efficiently which shall promote the enterprise must be utilizing capital, land, and development of the person anchored on sound labor, generates employment and the well-being economic and social opportunities, expands the of the community. conditions. economic capabilities of our society, and improves the quality of our national life. PRIVATE ENTERPRISE PRIVATE FIFTY ENTERPRISE AND must discharge is financially and technologically its social responsibility BEYOND: equipped to participate actively towards society in social development. In terms in a way which befits PBSP of scientific technology its unique competence. and managerial competence, It should involve itself TOWARDS private enterprise can help more and more in social provide the total approach development for the A BETTER for social development in our total well-being depressed communities. of the nation. WORLD PRIVATE THEREFORE, ENTERPRISE To better fulfill its social responsibilities, private together with other sectors of society, enterprise must earmark a portion of its income for social shares obligations and responsibilities, development. We hereby declare our commitment which it must discharge to the national to Philippine Business for Social Progress, which shall community. The ultimate objective of be private enterprise’s social development arm dedicated the private enterprise is to help create to the empowerment of the poor and self-reliance and maintain in the Philippines a home of communities. worthy of the dignity of the person. PBSP MEMBER COMPANIES FIFTY AND BEYOND: PBSP TOWARDS A BETTER WORLD 4 ANNUAL REPORT 5 2020 TABLE OF CONTENTS02 03 MISSION STATEMENT OF AND VISION COMMITMENT 10 YEAR AT A GLANCE 04 08 PBSP MEMBER OUR COMPANY LOGOS NATIONAL REACH 20 PBSP THROUGH THE DECADES 12 SHAPING THE SOCIAL 21 DEVELOPMENT LANDSCAPE THE 1970s 24 13 THE 1980s CHAIRMAN’S MESSAGE 27 15 THE 1990s PRESIDENT’S MESSAGE 30 17 THE 2000s REGIONAL COMMITTEE HEADS’ MESSAGE 33 THE 2010s 36 57 GRANT MANAGEMENT OUR AND IMPLEMENTATION IMPACT 37 EXECUTIVE 58 DIRECTOR’S REPORT CAPABILITY BUILDING FOR A STRONGER BARMM 39 AREA-BASED COLLECTIVE IMPACT 60 CAPABILITY BUILDING FOR A STRONGER 40 BARMM NURTURING THE MARIKINA AND 64 BUHISAN WATERSHED TREASURER’S 62 REPORT MARAWI STORYBOOKS PROJECT: LEARNING TO READ BY READING 65 42 YOUR OWN STORY AUDIT RESPONDING COMMITTEE TO THE NEEDS OF REPORT BARMM AND MARAWI 117 66 44 THE BOARD FINANCIAL CORPORATE OF TRUSTEES STATEMENTS SOCIAL RESPONSIBILITY 118 45 COMMITTEE ADDRESSING HEADS AND PROBLEMS THROUGH MEMBERS CORPORATE ENGAGEMENT 50 ENGAGEMENT PLATFORMS 51 SCALING UP INNOVATIONS THROUGH 119 122 ENGAGEMENT PLATFORM YOUR LIST PBSP TEAM OF DONORS OUR Batanes NATIONAL REACH Ilocos Norte Apayao Cagayan Abra Kalinga Ilocos Sur Mountain HEALTH Province Ifugao Isabela La Union Benguet EDUCATION Nueva Viscaya Quirino ENVIRONMENT Pangasinan Aurora Nueva Ecija Tarlac Zambales LIVELIHOOD Pampanga & ENTERPRISE Bulacan DEVELOPMENT Bataan Camarines Rizal Metro Manila Quezon Norte Cavite Camarines Laguna Sur HEEL PROJECTS Batangas Catanduanes Marinduque Albay Occidental Mindoro Oriental Sorsogon Mindoro Romblon Masbate Northern Samar Eastern Western Samar Aklan Samar Biliran Capiz Antique Negros Iloilo Occidental Leyte Southern Leyte Cebu Guimaras Dinagat Islands Bohol Surigao del Norte Palawan Agusan Negro s del Norte Oriental Camiguin Siquijor Misamis Oriental Surigao del Sur Misamis Agusan Occidental del Sur Zamboanga Bukidnon del Norte Lanao Lanao del Sur Davao del Norte del Norte Compostela North Valley Zamboanga Cotabato Zamboanga del Sur Davao Sibugay Davao Oriental del Sur Zamboanga Maguindanao Basilan South Cotabato Sultan Kudarat Davao Sulu Sarangani Occidental Tawi-Tawi CONTRIBUTIONS FROM MEMBER PBSP MEMBER-COMPANIES 255 COMPANIES 83.84 (PhP millions) YEAR AT A GLANCE GRANTS AND CONTRIBUTIONS FROM DONOR AGENCIES AND NON MEMBER-COMPANIES 2,325.47 (PhP millions) GRANTS AND FINANCIAL ADVANCES APPROVED 660.38 (PhP millions) 2,329.54 155 GRANTS AND FINANCIAL DEVELOPMENT LOANS ADVANCES DISBURSED FOR MSMES DISBURSED (PhP millions) (PhP millions) 53,614 50 FAMILIES REACHED NEW PROJECTS APPROVED APPROVED FINANCIAL ASSISTANCE (PHP MILLIONS) BY TYPE ASSISTANCE DEVELOPMENT LOANS GRANTS 155.00 505.38 BY PROGRAM TYPE RESTRICTED 505.38 BY FUND SOURCE 23.59 9.56 118.64 13.94 HEALTH EDUCATION ENVIRONMENT LIVELIHOOD & ENTERPRISE DEVELOPMENT 313.39 17.91 8.35 INSTITUTIONAL GOVERNANCE DISASTER RISK SUPPORT REDUCTION AND MANAGEMENT SHAPING THE SOCIAL DEVELOPMENT LANDSCAPE SHAPING THE SOCIAL DEVELOPMENT LANDSCAPE CHAIRMAN’S MESSAGE Half a century ago, Philippine Business for Social Progress was built on this simple but visionary premise —there exists an inextricable bond between the needs of society and the interests of business. We owe our founders an inestimable debt of gratitude for originating this seminal vision—long before corporate social responsibility became part of our business vocabulary. Now, businesses look beyond their balance sheets, and accept that its responsibilities to society transcends its traditional role of providing goods and services for a profit. DURABILITY OF VISION My anniversary remarks cannot escape referencing COVID-19. It does not happen often that these landmark anniversaries occur, and institutions are besieged with serious existential P issues. PBSP’s 50th has come at such a time. If anything, this crisis has given us a chance to answer the question of what PBSP’s purpose may be in such times – not with words, but with deeds. EVOLUTION AND CHANGES But PBSP’s tasks have evolved to adapt to the times. PBSP is no longer alone. The passage of time has seen the birth of many other foundations of companies established for their own purpose. That evolution has re-defined who we are: B First, PBSP is not a charitable institution—our tasks may begin by delivering relief goods in disasters, by helping provide power and water in remote communities, by building classrooms for our needy students. But they go beyond immediate help. We must rebuild and improve over the long-time. More importantly, we must encourage, and inspire our people and communities to become self-starters, self-sufficient and self-determining— the proverbial teaching how to fish. We precisely need to instill the notions of progress and improvement in our people. One of our founders, Ambassador Bienvenido Tan, Jr., has S emphasized that it is only when communities have become self-sufficient, can we say that PBSP has attained a measure of success. Second, as an institution built by business, PBSP has deployed the disciplines of business. We believe that our most lasting contribution is not only through our financial help, but with the application of business’s competencies to the work at hand. Andres Soriano III, our past Chairman, highlighted that the business’ ability to pool resources, plan and carry out practical ANNUAL REPORT P 13 2020 SHAPING THE SOCIAL DEVELOPMENT LANDSCAPE objectives, prepare for the future, and foster the spirit of enterprise should be an integral part of our social development goals, and programs.