ADFIAP to assist UPSSI, SERDEF in their sustainability reporting initiatives

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IMG_5975ADFIAP will be assisting its partners, the Institute of the Philippines Institute for Small-Scale Industries (UPSSI) and the Small Enterprise Research and Development Foundation (SERDEF) in the preparation and publication of their first sustainability reports. ADFIAP briefed SERDEF and UPSSI’s officers on sustainability reporting using the Global Reporting Initiative’s (GRI) Sustainability Reporting Framework on July 1, 2013 at the UPSSI main office in Quezon City, Metro Manila.

During the briefing, ADFIAP’s Knowledge Management Unit Head and Sustainability Officer, Mr. Enrique Florencio, explained thoroughly the benefits of having a sustainability report which is not just a report generation of collected data but a method to internalize and improve organization’s commitment to sustainable development in a way that can be demonstrated to both internal and external stakeholders. Mr. Florencio added that sustainability reporting provides information about organizations’ economic, environmental, social and governance performance which have an important role to play in every country’s development.

The SERDEF, www.serdef.org, was founded in 1976 to assist in the promotion and development of entrepreneurship and small and medium enterprises in the Philippines. SERDEF’s vision is to build an enterprising culture within Philippine society and thereby increase the pool of citizens who will seek to generate income and jobs through entrepreneurship and self-employment.

The UPSSI, www.entrepreneurship.org.ph/,was established on March 2, 1966 through a bilateral agreement between the Republic of the Philippines and the Government of the Kingdom of the Netherlands to assist and promote the development and growth of the small scale industrial sector in the Philippines. Originally set up as the training institute for the Philippine small industries, it gradually built up its capabilities and expanded its activities to include research, extension, and information programs.

Both UPISSI and SEREF are partners of ADFIAP in advancing its work and advocacy on SMEs and financial inclusion.

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