SEDPI top management attended a two-day event entitled “Business Case for Disaster Risk Reduction.” The United Nations Office for Disaster Risk Disaster Reduction (UNISDR) and SM Prime sponsored the event. Mr. Salonga, Mr. Rapisura and Ms. Sacdalan through the invitation of SM Prime attended the event. It was held at SMX Convention Center in Pasay City on June 17, 2014.
The event explores why increasing disaster risks represent a growing problem for the economic and business community at different scales and examines how paradoxically business investments that aimed to strengthen competitiveness and productivity may have inadvertently contributed to increasing risk. It seeks to engage businesses in a dialogue on disaster risk management that goes beyond the current emphasis on response and preparedness and instead identifies opportunities for the creation of shared value for business and society. It offers businesses as well as investors for the first time a review of practices that can reduce their risk of disaster loss.[1]
[1] http://www.unisdr.org/we/inform/publications/33013