THE Commission on Human Rights (CHR) expresses its full support for the filing of Senate Bill (SB) 2355 and SB 2722, entitled "An act encouraging corporate social responsibility (CSR), providing incentives therefore" as this encourages businesses to contribute to sustainable development, benefiting both business and society.
SB 2355, filed by Senater Ramon Bong Revilla Jr., and SB 2722, filed by Senator Raffy Tulfo, seek to promote CSR by establishing a framework for businesses to use surplus profits for activities such as charitable programs, environmental sustainability and employee welfare.
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