Philippine Business for Social Progress (PBSP) is the largest corporate-led social development foundation in the Philippines. Committed to poverty reduction, PBSP is the first of its kind in Asia leading the promotion and practice of corporate social responsibility (CSR). More than 260 large, medium-scale and small businesses comprise PBSP. Together, PBSP members help the poor rise above poverty and become self-reliant. PBSP operates nationwide, with programs in Education, Health, Sustainable Livelihood, Micro Small and Medium Enterprise Development, and the Environment implemented with partners and communities as empowered players in development. Since its inception in 1970, PBSP has benefited 4.5 million Filipinos and assisted over 6,200 social development projects through more than PHP 7 billion in grants and development loans. Leading the way in the practice of corporate citizenship, PBSP has been influencing companies to integrate CSR into their core businesses, and advocating the application of business solutions to poverty.