Each organization donated P1 million, channeling the funds through the GMA Kapuso Foundation, Inc. to support recovery efforts on the ground, a statement showed.
“The donation forms part of the sustainability initiatives of PSE and PDS to provide assistance to affected communities following a natural disaster. Furthermore, PSE’s Sustainability Framework has integrated climate resiliency, which includes recovery efforts, as an important environmental and social strategy,” said PSE president and CEO Ramon S. Monzon.
Monzon added, “We are grateful to the GMA Kapuso Foundation for being our conduit in extending this help to our kababayans.”
The donation reflects how environmental and social responsibility has become embedded in the governance priorities of The Philippine Stock Exchange, Inc. and Philippine Dealing System Holdings Corp., particularly as climate risks intensify.
Leading the initiative alongside Monzon were PSE and PDS chair Jose T. Pardo, with the funds formally received by Rikki Escudero-Catibog.
—Edited by Miguel R. Camus
