Philex Mining Corporation, established in 1955, is a key player in the Philippines’ mining industry, primarily focused on large-scale exploration, development, and utilization of mineral resources. The company was listed on the Philippine Stock Exchange in 1956, and in 2014, it reported a profit of US$16 million. Philex Mining’s vision and mission focus on developing a global mindset while maintaining a Filipino heart, with core values that include integrity, teamwork, respect, work excellence, and social and environmental responsibility. These values are reflected in its employees’ and partners’ daily actions and are reviewed annually.
I-HELP Framework for CSR
Philex Mining’s corporate social responsibility (CSR) efforts exceed the government-mandated budget, with its programs focusing on the I-HELP framework: Information, Health, Education, Livelihood, and Public Infrastructure, alongside environmental conservation. The company supports local communities through information campaigns, health and sanitation programs, educational scholarships, livelihood and skills development, and public infrastructure such as schools, roads, and bridges. Environmental conservation is equally prioritized through reforestation and land, air, and water management initiatives.
Transforming Local Communities
Before Philex Mining’s involvement, the communities surrounding its operations primarily relied on agriculture and small-scale mining. The company’s CSR initiatives have transformed these communities into self-sustaining societies that contribute to nation-building. Philex Mining takes a holistic approach to measuring the success of its CSR activities, focusing not only on individual projects but on the overall sustainability of the communities and the natural environment. This approach demonstrates that responsible mining can coexist with sustainable communities and environmental protection.
CSR as a Core Corporate Identity
Philex Mining sees its CSR activities as integral to its corporate identity, with every member of the organization engaged in initiatives that promote social and environmental sustainability. The company’s CSR efforts have significantly impacted communities, particularly in remote areas, helping them become active participants in nation-building. Philex Mining’s approach shows that CSR programs, when aligned with the needs of local communities, can improve lives and create a suitable environment for decades.
