The Aboitiz Foundation and AIM launch a disaster resilience tool
ABOITIZ Foundation Inc., the corporate social responsibility arm of Aboitiz Group, collaborated with ARISE-Philippines, Resilient.PH and the Asian Institute of Management (AIM) and launched the Resilience Reporting Tool to advance its sustainability report.
The webinar, held recently in support of the National Disaster Resilience Month celebration, focused on integrating organizations’ disclosure of their disaster risk reduction strategies, how they can contribute to the Sendai Framework and their commitment to integrating disaster risk reduction and resilience into their business models and practices – resulting in risk-aware and resilient investments and organizations.
Adopted at the Third United Nations World Conference on Disaster Risk Reduction in Sendai, Japan, in 2015, the Sendai Framework aims to build resilience by implementing integrated and inclusive measures to prevent and reduce disaster. exposure to hazards and vulnerability to disasters, as well as improving preparedness for response and recovery.
The program highlighted the idea of the link between corporate disclosures and disaster risk and resilience, which was also highlighted with a selected team from cohort 1 of the Executive Master in Disaster Risk and Crisis Management program of the AIM.
It was intended for participants new to sustainability reporting, including those wishing to progress to resilience reporting. A total of 47 participants from various organizations attended the webinar. Since the objective of the webinar was to learn through the sharing of reporting experiences, it was an engaging experience for the groups of participants to exchange knowledge and better understand current and new practices.
Josren Adrian Carpio, Senior Research Collaborator at Resilient.PH, defined the Resilience Reporting Tool as a voluntary disclosure that offers a common set of guidelines for the private sector to report on its resilience journey in accordance with the stakeholder interests. The tool complements the organization’s sustainability, annual and/or integrated reporting disclosures.
There were three modules and each contained information and recommended tips. Each module was meant to be a stand-alone guideline and focused on particular outcomes. With this method, users of the Resilience Reporting Tool can adapt it to their specific needs and progress towards disaster risk and resilience transparency. After the introduction of each module, participants were invited to join the breakout rooms, where each module was explored in depth.
The Aboitiz Foundation has been an active member of ARISE-Philippines since 2015 and serves as a lead agency for priority investors and investments. ARISE is a private sector alliance to help build disaster-resilient societies organized by the United Nations Office for Disaster Risk Reduction whose members have voluntarily pledged to support the implementation of the Sendai Framework.