The Philippines: An entrepreneur’s contribution to poverty alleviation in the Philippines

• Main Authors: Santiago, Andrea L., Roxas, Fernando
• Format: text
• Published: Animo Repository 2016
• Subjects: Social responsibility of business > Philippines; Poverty—Philippines > Prevention; Business enterprises, Foreign > Philippines; Business Law, Public Responsibility, and Ethics; Entrepreneurial and Small Business Operations
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/3594
• Institution: De La Salle University

This chapter describes the Italian case of a for-profit company that significantly contributes to social innovation and sustainability in the countries where it operates. The company is a fifth-generation family entrepreneurial business venture that has strongly invested in the construction of social capital and corporate social responsibility (CSR). The case study thus provides an interesting example of a family leading a for-profit enterprise with a strong social mission, involving both environmental and community-oriented corporate objectives. The chapter investigates the involvement of the well-known Italcementi Group in the sustainability field and in CSR, exploring in particular its ability to cope with the emerging issue of poverty alleviation. The aim is therefore to provide a case study on the sustainability challenges of a business-oriented corporation inherent in a specific socio-cultural context, such as the Italian one, that is characterized by the dominance of family businesses. © Daphne Halkias and Paul W. Thurman 2012.