LISTED conglomerate PHINMA Corp. has partnered with De La Salle University (DLSU) for a business research center.
The newly launched PHINMA-DLSU Center for Business and Society will be housed in DLSU’s Ramon V. del Rosario College of Business, PHINMA Chairman and Chief Executive Officer Ramon R. del Rosario, Jr. said last week.
“Our goal at the PHINMA-DLSU Center for Business and Society is to create a spark and fan it into a blaze of change that spreads across industries and borders,” Mr. Del Rosario said during the research center’s launch event in Makati City.
He added that P50 million has been donated as initial seed fund for the research center.
“We did an initial seed fund of P50 million from PHINMA Corp., my family, and my own personal contribution. It is our hope that this center will become the country’s foremost advocate for business as a force for good,” Mr. Del Rosario said.
The center’s key strategies include the development of tools, materials, and case studies for other business schools to implement into their curricula, as well as the pursuit of research on businesses worldwide that have become an “impactful force for social good and recommend ways on adopting their best practices.”
The research center also plans to train and recognize business leaders who will promote inclusive business practices.
It seeks to be a catalyst for fostering humanistic business practices and societal well-being towards responsible and sustainable business conduct.
“Like a single spark that can ignite a vast flame, we believe one institution, one leader, one educator, one student, and one idea can catalyze significant change,” Mr. Del Rosario said.
PHINMA Corp. is a holding company that has business interests in education, steel products, housing, and business process outsourcing sectors.
The conglomerate’s shares were last traded on March 6 at P19.98 apiece. — Revin Mikhael D. Ochave
