More than a Market

We firmly believe that a social market economy that incorporates sustainable practices promotes job creation, prosperity, and inclusive economic growth. The concept of the Honorable Merchant, which originated centuries ago in Europe, has had a positive impact and remains relevant today. Companies now refer to concepts such as Corporate Social Responsibility (CSR), corporate citizenship, responsible business conduct, or stakeholder management, all of which align with the principles of the Honorable Merchant and are increasingly being seen as critical components of sustainable business practices. Ideally, measures should be integrated with a company’s core business and make a meaningful contribution to society while also supporting sustainable development.

The Chamber provides a platform for lively discussions about the challenges and solutions for conducting business responsibly while maintaining a healthy financial bottom line. GPCCI has established guiding principles for its work and encourages its members to actively communicate and share their programs and projects with the network. Members who are interested in exploring potential strategic alignments can approach the Chamber at any time.

United Nations Global Compact

The UN Global Compact Principles

Human Rights

• Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights; and

• Principle2: make sure that they are not complicit in human rights abuses.

Labor

Since 2016, GPCCI advocates the ten principles of the UN Global Compact and has joined the initiative. The UN Global Compact provides a universal language for corporate responsibility and provides a framework to guide all businesses regardless of size, complexity or location.

By incorporating the Ten Principles of the UN Global Compact into strategies, policies, and procedures, and establishing a culture of integrity, companies are not only upholding their basic responsibilities to people and planet, but also setting the stage for long-term success.

• Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

• Principle 4: the elimination of all forms of forced and compulsory labor;

• Principle 5: the effective abolition of child labor; and

• Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

• Principle 7: Businesses should support a precautionary approach to environmental challenges;

• Principle 8: undertake initiatives to promote greater environmental responsibility; and

• Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-Corruption

• Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

Corporate Social Responsibility

GPCCI is deeply committed to making a positive impact on the community and the environment, and has undertaken various initiatives to that effect. These include donating plants to the urban garden of Doehle Haus Manila and organizing the German Ambassador’s Cup in partnership with the German embassy with Angat Buhay as the recipient foundation of the tournament. In addition to its community and environmental efforts, GPCCI has also expanded its focus to include sustainability through various events, conferences, and trainings. These initiatives cover topics such as renewable energy, biogas, and more, and aim to promote sustainable practices and technologies within the business community.

The Chamber has also partnered with the Makati LGU for “Nikolaustag with a Cause”, a program aimed at bringing joy and support to families in need. The program included the distribution of Noche Buena packs, toys, and books, as well as a carnival-like celebration featuring story-telling activities, food booths, and party games for adults and children alike. GPCCI is proud to have been a part of this meaningful event, and remains committed to making a positive impact on the community and the environment through its various initiatives.