Albay OTOP Declaration

Albay OTOP DECLARATION

We, the Micro, Small and Medium Enterprises (MSMEs), Support Agencies and Institutions and Partner Organizations of the One Town One Product (OTOP) Program, hereby adhere and commit to the following DECLARATIONS:

1. We shall be responsible stewards and users of our natural resources by optimizing the value and utilization of indigenous raw materials. We shall endeavor to minimize wastes and avoid degradation of the environment;

2. We shall employ internal mechanisms within our factories and offices to counter the effects of climate change to our employees, properties and our businesses;

3. We shall ensure that employee-employer relationships are well defined and clearly understood by parties concerned to maintain and sustain labor productivity and industrial competitiveness of the province;

4. We shall adopt the latest locally and commercially developed appropriate technologies to enhance business productivity thus providing opportunities for our local scientists and inventors to continuously search, discover and develop new technologies enhancing our local research & development efforts;

5. We shall endeavor to continually identify and find new market opportunities to amplify the reach of our local products both in the domestic and international market guided by the generally accepted fair trade practices and business ethics;

6. We shall comply with all the business regulatory requirements and pay the appropriate local business taxes as our contribution to nation building

7. We shall pass and approve enabling local ordinances and laws to further provide conducive business environment to our entrepreneurs and investors;

8. We shall ensure that our Corporate Social Responsibilities are effectively and religiously carried out especially to communities affected by our operations;

9. We shall continue to provide business development services to contribute to the competitiveness and profitability of OTOP Enterprises, and

10. We shall make OTOP as a vehicle for employment generation and poverty alleviation.