Essay on Corporate Social Responsibility

1907 Words Sep 30th, 2015 8 Pages
ATENEO DE MANILA UNIVERSITY
GRADUATE SCHOOL OF BUSINESS
#20 Rockwell Drive, Rockwell Center, Makati City, 1200 Philippines

Corporate Social Responsibility

Subject: Principles of Management
Submitted to: George C. Fong, Ph.D
Submitted by: Caparas, Harney Dela Cruz, Rafael Espejo, Belle Salva, Perth

May 18, 2015

Background of the Company

Incorporated in 1919, Manila Electric Company (MERALCO) is the largest electric distribution utility in the Philippines. It is engaged in the distribution and sale of electric energy through its distribution network facilities in its franchise area. Its market is categorized into four sectors such as residential, commercial,
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(OMF) was incorporated and registered with the Philippine Securities and Exchange Commission as a non-stock, non-profit organization. It is the corporate social responsibility (CSR) arm of MERALCO whose thrusts are towards: i) Community Electrification, ii) Grassroots Partnerships, iii) Youth and Sports Advocacy, and iv) Emergency Preparedness and Disaster Response.

OMF’s mission is to provide opportunities for the MERALCO Group stakeholders - shareholders, employees and business partners to help advance the lives of communities where our business operates through strategic, meaningful and sustainable corporate social responsibility (CSR) programs. Its vision is to be one of the country’s partner in social development through strong, energized and sustainable corporate social responsibility programs implemented in communities where it operates.

OMF is an accredited donee institution in the Philippines registered through the Philippine Council for NGO Certification and a member of the League of Corporate Foundations.

OMF chief CSR officer and President is Jeffrey O. Tarayao.

The registered address of OMF is Ground Floor, Lopez Building, Meralco Center, Ortigas Avenue, Pasig City.

CSR Programs, Findings, and Analysis

Community Electrification Programs - The program develops feasible electrification alternatives through workable socialized schemes for various community beneficiaries such as (1) informal settlers in certain public lands or

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