5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

On medical missions, solar energy, and eco-friendly products

by
March 17, 2024
in Stock
0
SHARON DECAPIA, Senior AVP for Marketing, PR & Sustainability of Watsons

IN LIGHT of changing sustainability priorities within Watsons, the beauty and pharmacy chain of the A.S. Watson Group has added the phrase “Do good” to their slogan, “Look Good, Feel Great.”

In a group interview with Sharon Decapia, Watsons Senior AVP for Marketing, PR & Sustainability on March 7 at S Maison in the SM Mall of Asia complex, their sustainability goals for the rest of the year were shared, resting on pillars of people, product, and planet.

Discussing the “people pillar,” she said that aside from health and wellness initiatives for Watson’s employees, the company also supports Operation Smile, an organization which helps people with corrective surgeries for cleft conditions. In a medical mission last October, they sponsored 60 surgeries. According to a company press release, “Watsons Philippines’ goal is to perform 3,300 corrective surgeries on children with cleft conditions in the country alone by 2030.”

Watsons also has other medical missions in other fields: Ms. Decapia said that they will increase their number of medical missions this year to eight, from last year’s five, with the first one to be held in Tacloban, and the next in Tagbilaran. There, they will distribute free medicines and host free medical consultations, with added services like hair, skin, and bone analysis. “We’re a health and beauty company,” said Ms. Decapia. “It makes sense that we also extend free medical consultations and free medicines to these vulnerable communities that don’t have access.”

As for products and the planet, she noted that 34 of their stores are now powered by solar energy, and there are plans to have 100 of them running on solar power by the end of this year. Eighty percent of their stores (1,114 in the Philippines by her last count) have switched to paper bags (while the remaining plastics used are biodegradable) and they plan to increase the number of items in their sustainable line (qualified by environmentally friendly packaging or ingredients) to 13% from last year’s 11%, with a goal to hit 15% in 2025. They have also managed to collect 100,000 kilos of plastic in recycling bins in-store since 2021. 

Ms. Decapia spoke about the profitability of sustainability: while the goals are great, they’re still a business, and the sustainability model should allow a business to operate, well, sustainably, in order to keep the trend of responsible consumerism going. For them, their goals affect both their marketing and consumption efforts.

“We have a specific group that monitors the actual savings in terms of electricity consumption and the corresponding peso savings,” she said. According to her, the investment in installing the solar panels and the other equipment is recovered in three to four years, and the succeeding years reflect savings.

Their research has showed that their market is primarily composed of Gen Zs and Millennials. “They are actually the generation that seeks for more sustainable options. That’s what we’re giving,” said Ms. Decapia.

On that note, their research also shows that a barrier that keeps consumers from adopting sustainable products and lifestyles is the perception of cost: buying with morals in mind can be expensive. “That’s what we wanted to debunk. At Watsons, you can have a range of options,” she said.

“Long term, of course we recognize the benefit,” she said of sustainable practices. “This is our planet. We need to be able to make sure that we get what we need now, but we also want to make sure that the future generation would be able to get what they need as well.”

Add to their store count, they plan to open 80 more shops by the end of this year. The renovations for their new flagship store in SM Mall of Asia (which might become the biggest in Asia, although Ms. Decapia said that the exact measurements are still pending) are almost complete, and it is set to reopen.

Paraphrasing Luke 12:48, Ms. Decapia said, “To whom much is given, much is expected.” — Joseph L. Garcia

Previous Post

Sleeping better to perform better

Next Post

PLDT sets sights on boosting home broadband infrastructure

Next Post
PLDT sets sights on boosting home broadband infrastructure

PLDT sets sights on boosting home broadband infrastructure

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Grab Philippines donates motorized rescue boats to Marikina LGU, aims to boost disaster preparedness

    Grab Philippines donates motorized rescue boats to Marikina LGU, aims to boost disaster preparedness

    July 22, 2025
    Pag-IBIG Fund heeds PBBM’s call, mobilizes calamity loan for members affected by Typhoon Crising

    Pag-IBIG Fund heeds PBBM’s call, mobilizes calamity loan for members affected by Typhoon Crising

    July 22, 2025
    Platinum Karaoke unveils the Platinum Soundscape Concept Store at SM Makati to celebrate 25 years of Filipino innovation in music and entertainment

    Platinum Karaoke unveils the Platinum Soundscape Concept Store at SM Makati to celebrate 25 years of Filipino innovation in music and entertainment

    July 22, 2025
    DigiPlus, BingoPlus Foundation pledge P60 million for disaster relief

    DigiPlus, BingoPlus Foundation pledge P60 million for disaster relief

    July 22, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.