Business growth and social development are curiously intertwined. And today, we see this idea blaze through the business landscape like wildfire. As many brands are yet to embrace it, let's celebrate those who already practice it. One such brand that needs no introduction in Southeast Asia is SM Investments Corporation.
Yes, that’s right! Through its philanthropic arm, SM Foundation Inc., the company works across multiple areas for the welfare of the communities it serves.
In this edition of our #BeyondProfit series, we look at the hidden side of SM Investments Corporation. Without any further ado, let’s get started!
1. Education
The SM Foundation is at the forefront of educational reform in the Philippines. Their influence extends beyond educational settings, promoting empowerment and opportunities. Scholarships are the heart of their revolutionary efforts in the education sector.
Since 1993, the SM Foundation has sponsored over 8,000 students in college and technical-vocational programs. This financial aid tears down financial barriers so competent students can pursue their academic dreams. The program's effectiveness in discovering and nurturing talent is highlighted by the large number of graduates who even achieve academic honors.
The Foundation also tackles concerns surrounding infrastructure. It has constructed more than 100 educational buildings around the nation in cooperation with the Department of Education's Adopt-a-School program. These modern facilities, which offer safe and encouraging learning settings, have taken the place of the dilapidated buildings that would have impeded students' education and well-being.
Their impact goes beyond. By partnering with organizations like the Philippine School for the Deaf to improve infrastructure and accessibility, the SM Foundation fosters inclusive education. They further endorse school energy efficiency programs, highlighting both financial savings and environmental awareness.
Through scholarship programs, school construction, and the promotion of an all-encompassing educational philosophy, the SM Foundation empowers Filipino students and enriches the country’s educational system.
2. Healthcare
To transcend its philanthropic endeavors into healthcare, SM Investments Corporation again leans on its charitable arm, the SM Foundation. The foundation runs several initiatives across the spectrum, especially in the Philippines, to combat issues of healthcare access and quality.
One such initiative is the SM Cares program, which acts as a financial lifeline for patients in need. This key program alleviates the financial strain of essential medical procedures, prescription drug costs, and even hospital stays. By tackling the obstacle head-on, the SM Cares program empowers people to seek the medical care they need and deserve.
The SM Foundation's contribution is not just limited to financial aid. It also bridges the infrastructure gap in the Philippines’ healthcare. Through collaboration with communities, the foundation bolsters public health centers. It involves building new facilities, renovating existing ones, and providing them with the latest medical equipment.
Moreover, the SM Foundation views health education as essential to a healthier population. In line with this belief, it organizes and runs disease prevention campaigns and community health discussions. By making communities aware of critical health concerns, the organization grants them the power to take necessary preventive measures and make informed choices. In the communities that SM serves, this educational emphasis inspires a culture of preventative healthcare, which contributes to their long-term well-being.
3. Community Development
Beyond education and health, the SM Foundation also strongly supports community development through several livelihood programs across the Philippines. Their teams train and encourage local farmers to adopt sustainable practices, which not only creates economic opportunities but also ensures food security. Moreover, the foundation supports relief efforts in the face of a disaster, providing immediate assistance to the communities affected by it.
The SM Foundation strongly believes in the social inclusion of marginalized groups in society. Therefore, it always prioritizes programs that directly contribute to the welfare of underprivileged people, such as individuals with disabilities and young children. Such initiatives give every person in the community an equal chance to make a contribution and reap benefits from a thriving society.
The impact of the foundation's efforts in this direction is clearly undeniable. It empowers the people of the Philippines and creates a more inclusive and prosperous nation.
4. Environment
Education, healthcare, and community development are the pillars of the SM Foundation's work. However, this organization also acknowledges the importance of environmental sustainability. In fact, there are a few green programs through which it cultivates a greener future.
One such initiative is Kabalikat sa Kabuhayan (Partners in Livelihood). It, as mentioned earlier, is designed to educate farmers and urge them to adopt sustainable agricultural practices. This program equips them with modern techniques that boost yields and reduce environmental impact. Some practices like this are water conservation methods and relying on organic fertilizers for long-term soil health.
Green spaces in urban areas play a key role in environmental sustainability. So, the foundation plants trees and builds parks within SM malls and communities. These green spaces not only contribute to cleaner air but also offer shelter for wildlife.
Moreover, the SM Group strives for sustainable business practices such as responsible waste management within their malls and exploring renewable sources for their energy needs.
Bottom Line
And that, fellas, is a wrap of another edition of our #BeyondProfit series. SM Investments Corporation deserves applause for its dedication to social good. Through the SM Foundation, they empower Filipinos with education, healthcare, communal, and environmental initiatives. Their commitment to a better future for all is truly inspiring.
So, what are your thoughts on this series? Loving it so far? Let us know in the comments. And until next time, stay tuned!
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