Business response to societal obligations, either out of volition or by force of circumstances, is a long-standing practice in the Philippines. Interestingly, Filipino corporations tend to project their social obligations onto auxiliary associations. Filipino companies, for example, have long funneled their corporate social responsibility (CSR) resources into the Philippine Business for Social Progress (PBSP), a long-running non-profit group that absorbs the burden of social responsibility of member companies. In recent days, PBSP has developed an index for measuring social responsibility performance of its member companies. This article assesses this development.
