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local oil companies happened in the nineties encouraging these companies to be more
effective and efficient, making the industry more competitive even up to the present time.
Oil and gas companies are necessary nowadays. With the steady increase of motor
vehicle owners, more and more companies are putting up gasoline station branches, one
of the major advantages that companies have benefitted due to deregulation. The effect of
this increasing demand in oil has caused a lot of damages to the environment and to the
people. With these harmful risks, oil and gas companies organize different corporate
social responsibility programs to compensate the society. Companies must adhere to
certifications based on voluntary sustainability to reduce these risks and it also builds a
positive company image to combat the industrys reputation of harming the environment.2
These programs are important in developing the innate nature of the people to help one
another and create the feeling of togetherness. CSR in the Philippines has evolved from
the concept of bayanihan which refers to the spirit of communal unity, work and
cooperation to achieve a particular goal3, presenting the Filipino culture and tradition in
another form.
In Metro Cebu, CSR programs of the gas and oil industry does not only focus on the
preservation of the environment but also for the welfare of the people around; and these
programs range from planting trees to building schools. These programs cover a larger
area since they are done by the company on a companywide basis rather than creating
different programs per gasoline station.
2 http://www.chinacsrproject.org/Uploads/%7BEA74A6EC-FCD4-4699-B0EDFE83A70F854D%7D_Costs%20and%20Benefits%20of%20CSR_20120615.pdf
3 https://themixedculture.com/2013/09/25/filipinos-bayanihan/
This study is conducted to have a deeper understanding of the CSR and the
reasons why companies undertake these programs. The study also covers the benefits that
the companies enjoy, both direct and indirect, by implementing these programs to the
community and how it creates an impact on them.