Leading
insurance and risk management provider, Lockton Philippines puts a
spotlight on environmental risk management in its 1st Legacy Awards, a program
which aims to recognize research initiatives from different universities that
promote the responsible use of resourcesand environmental responsibility of
businesses.
As the impact of ecological threats get
clearer, industries and communities are feeling the need to include managing
environmental risks as a necessary component in their policies.
Climate change remains
the number one environmental peril with effects such as rising sea levels,
storms, droughts, floods that have made people more vulnerable to their
surroundings. Alongside these are other pressing concerns like air pollution
caused by vehicles, water contamination, untreated sewage, and emission of
pollutants from metal processing, just to name a few.
Insurance company Lockton Philippines
recognizes this need to bring environmental awareness beyond the boardroom and
on to a bigger platform. Now celebrating its 25th year, the insurance company
launched the 1stLockton Philippines Legacy Awards last April and in
commemoration of Earth Day. It’s a first of its kind college-based contest
inspired from the action research method wherein the researcher studies and
engages with a specific community, gains new knowledge from them, and
formulates actions to better solve the latter’s’ situation.
The contest encourages a team of three
college students, along with their faculty adviser, to submit an evaluative,
analytical, investigative action research that suggests better practices for
business to operate. A total of Php1M will be given away to the Grand
Prize, Luzon, Visayas, and Mindanao winning teams. Faculty advisers and the
school will also receive cash prizes.
Special prizes will also be awarded for Best
Research in Risk Management Efforts for an Indigenous Community and the
Environment; and Best Research for Risk Management Efforts on Marine
Preservation.
Besides the cash prizes and the prestige
that the 1st Lockton Legacy Awards will bring, all research entries will also
be given the chance to possibly take part in the contest’s Student-Corporate
Partner Program wherein corporations looking for viable corporate social
responsibility projects could adopt the research work for funding and
execution.
Lockton Philippines President Vic Valledor and Chairman Dr.
Elfren Cruz believe that the 1st Lockton Legacy Awards is a way of stepping
up the company’s commitment to sustainability through proper management of
environmental risks.
“The
mounting occurrence of environmental risks has become a real social challenge
for the industry,” says Dr. Cruz.“In times of natural disasters, we’re more
than just a profit-generating company, we also support the social and economic
growth of our partners,” he adds.
“We hope the 1st Lockton Philippines Legacy
Awards can serve as a platform for increased long-term sustainability through
the engagement of our partner companies looking for CSR programs and the
participating young student researchers in the contest,” says Valledor.
Deadline of submitting application forms for
the 1st Lockton Philippines Legacy Awards has been extended to August 31.
Deadline of submission of the research work is on October 2, 2019.
For
more information, full mechanics, entry kit, and updates on the Lockton
Philippines Legacy Awards, like and follow https://www.facebook.com/LocktonPhilippinesLegacyAwards.
Walang komento:
Mag-post ng isang Komento