WHEN I learned about social entrepreneurship, I was impressed by the good values it promoted, especially for aspiring business leaders and change-makers. It delivers the promise of upliftment in a society where regular operations of big corporations have posed threats to the environment, culture and communities. Social entrepreneurs have the capacity to use profit as means to accomplish sustainable causes. However, it cannot be denied that it is hard to build social purpose-motivated organizations, especially in a traditionally capitalist country like the Philippines.
Back in 2017, The Philippine Star reported on how GenerationHope Inc. became a pioneering "certified B Corporation" or B Corp, operating to address social and environmental problems through triple bottom line thinking. It followed the business model of social entrepreneurship by selling "Hope in a Bottle" — a bottled water product — groceries, convenience stores and other retail outlets. All profits fund the construction of public schools.
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