CSR is the lifeblood of any company in today’s business world

By Vince Maala and Carlo Fernandez

What is Corporate Social Responsibility (CSR)?

As TeamAsia’s Managing Director Bea Lim would say, Corporate Social Responsibility (CSR) is the life and blood of any company. In today’s business world, consumers are becoming increasingly aware of social and environmental issues, and they expect companies to take responsibility for their impact on these matters. CSR refers to the way in which businesses are able to address these expectations.

How does CSR benefit a company and the community they serve?

One of the key benefits of CSR for a company is the opportunity to build and maintain a positive reputation. Consumers are more likely to support companies that are socially responsible. This can lead to increased customer loyalty and, ultimately, higher profits.

Additionally, employees are more likely to be attracted to companies with strong CSR initiatives. A positive work environment that is aligned with people’s values can help draw and retain top talent. CSR also helps companies build positive relationships with their stakeholders, including investors, suppliers, and government organizations. By prioritizing CSR, a company can create a sustainable business environment. It can spell the difference between a successful and failing company in today’s business climate.

This isn’t just beneficial to companies; these kinds of initiatives can also have a significant impact on the community. By introducing efforts like providing educational aid and healthcare access, socially responsible companies can help uplift the lives of people from underprivileged communities.

TeamAsia’s CSR Initiative, My Dream in a Shoebox

Apart from their strong commitment to creating and sustaining visibility for their clients, TeamAsia is also dedicated to their advocacies and nation-building. One such advocacy is education for all, especially for children as they are the talent and leaders of the future. This is TeamAsia’s CSR,My Dream in a Shoebox (MDIAS).

MDIAS provides children with educational support to help empower them to be able to dream for a brighter tomorrow. With the goals of promoting literacy, continuing education, and alleviating poverty, TeamAsia aims to accomplish this by providing students from underprivileged areas with essential educational resources like school supplies.

What Does MDIAS Have to Offer?

Now in its 15th year, MDIAS has long been making brighter realities and bigger dreams happen through the following initiatives:

1. Funding Educational Hubs
Through its partnership with Yellow Boat of Hope, TeamAsia aims to build E-hubs in far-flung areas to give them access to technology that can improve a student’s education.

2. Supporting Community Scholars
Every donation finances a child’s needs for their school projects, their parent’s transportation expenses so our scholars can get their self-learning modules from their school, and hygiene kits for their daily needs.

3. Donating Dream Kits
Dream kits are the campaign’s signature shoe boxes filled with school supplies and tools that are essential for a student’s education.  

The Impact of My Dream in A Shoebox to the Community

My Dream in a Shoebox’s impact on the community can be seen in the children who would not otherwise have had access to a quality education being able to pursue it. By providing them with the necessary tools, such as books, pens, and clothes, these children now have the opportunity to develop their talents and pursue their dreams. This initiative has not only improved the lives of individual children but has also contributed to the overall development and progress of the community.

“Hangga’t may bata na nangangarap at nangangailangan, nandyan ang My Dream in a Shoebox”
Clarisse Salindato, Former Lead Dream Builder

How essential is CSR?

As consumers expect companies to take responsibility for their impact on society, CSR gives them the opportunity to build a positive reputation and establish meaningful partnerships. But most importantly, CSR initiatives can have a meaningful impact by providing resources and opportunities to underprivileged communities.

Be a Contributor to the Community Today!

TeamAsia’s My Dream in a Shoebox is an exemplary CSR initiative that has truly made a difference for students across the Philippines. By providing children with essential educational resources, MDIAS gives them the opportunity to receive a quality education and pursue a brighter future.

CSR is not just a buzzword; it has now become a necessary and impactful aspect for any business. By engaging in CSR initiatives, companies can have a positive influence on the world while also reaping numerous benefits for themselves. With how consumer mindsets have evolved, it is now crucial for companies to embrace CSR, as it has become crucial to stay relevant among people and their communities.