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As the Aboitiz Group diversified into many businesses, its commitment to giving back grew accordingly. After decades of giving to various worthy causes in an informal manner, and with the increasing magnitude of assistance needed in areas where its companies operate, the Aboitiz management decided to find a more efficient and effective way of giving. Thus in 1988, the Aboitiz Group established the Aboitiz Foundation(then referred to as Aboitiz Group Foundation, Inc.) as its corporate foundation to address the social and economic development needs of marginalized members of society.
Over the past years, Aboitiz Foundation has been committed to its mission of helping people help themselves and pursuing its vision to be the neighbor of choice. It constantly delivers value to its stakeholders, including communities where the company operates. It focuses its CSR efforts on education, enterprise development, and the environment with the goal of co-creating safe, empowered, and sustainable communities. They are always ready to help in times of calamities, aiming to be among the first to respond.
The Sendai Framework Voluntary Commitments (SFVC) online platform allows stakeholders to inform the public about their work on DRR. The SFVC online platform is a useful toolto know who is doing what and where for the implementation of the Sendai Framework, which could foster potential collaboration among stakeholders. All stakeholders (private sector, civil society organizations, academia, media, local governments, etc.) working on DRR can submit their commitments and report on their progress and deliverables.