Yokohama Tire Philippines, Inc. (YTPI) signed today a Memorandum of Understanding (MoU) with the municipal government of Bamban, Tarlac for supporting a sustainable livelihood program that promotes recycling by making use of scrap rubber materials.
The MoU has been signed with YTPI President and Chief Executive Officer Yasuhiro Kurokawa while Bamban was represented by its Municipal Mayor Jose Antonio Feliciano.
An initiative of the municipal office of Department of Social Welfare and Development (DSWD), the project on footwear-making skills training aims to engage its Pantawid Pamilyang Pilipino Program or 4Ps’ beneficiaries on income-generating program. 30 beneficiaries from 15 selected barangays will undergo five-day training on sewing and footwear production in DSWD Training Center in Bamban, Tarlac.
Meanwhile, the municipal mayor shared his gratitude to YTPI in a speech, “This project will not be possible if without the kindness of Yokohama and its compassion on uplifting the lives of its communities. As a mayor, I am very thankful that the company had granted our request knowing that scrap tires do not come for free, thus, could contribute to higher income for each beneficiary.”
“Reaching out to our communities through corporate social responsibility is on top of our commitment. It is our pleasure to help and contribute to the society”, Kurokawa said.
YTPI has hit yet another milestone on its CSR initiatives as this livelihood program with Bamban marks the company’s first collaboration with a municipal government.