Corruption has been the largest impediment to economic growth and prosperity in the Philippines. Means of corruption include graft, bribery, embezzlement, backdoor deals, nepotism and patronage. Corruption erodes the moral fiber of the society. The biggest losers are the Filipino people themselves.
As employees of an established company in the Philippines, we acknowledge our companies’ responsibility to lead by example in the fight against corruption and to operate our businesses ethically and with integrity.
While the government has its own initiatives for reducing corruption, we realize that those initiatives cannot succeed without commitment from businesses to build integrity into the business environment.
The character of each individual citizen will determine the character of the Filipino nation as a whole.