Singapore, January 22, 2009
The inaugural Global CSR Awards 2009 Ceremony, organised by The Pinnacle Group International, was held in conjunction with this year's Global CSR Summit in Singapore. YTL Corporation Berhad was presented with the Silver Award for "CSR Leadership Excellence". Ms Ruth Yeoh, Director of Investments at YTL Corp, was present to accept the award on behalf of the company.
The CSR Awards Ceremony is part of the Recognition Awards programme for Corporate Social Responsibility. The programme recognises and honours companies for outstanding, innovative and world-class products, services, projects and programmes that were implemented in 2007/2008. These projects demonstrate the company's leadership, sincerity and on-going commitment in incorporating ethical values, in compliance with legal requirements, and respect for individuals, communities and the environment in the way they do business.
The organisers were very encouraged by the overwhelming participation by top organisations with more than thirty nominations, separated into four categories; Best Environmental Excellence Award, Best Community Programme Award, Best Workplace Practices Award, and CSR Leadership Excellence Award.
The CSR Leadership Excellence Awards were given to individuals or organisations who have contributed to the promotion of all aspects of Corporate Social Responsibility, including the environment, developmental sustainability, community partnerships, education and poverty alienation.
The Gold category winners included palm oil firm Kulim (Malaysia) Berhad, which won for Best Environmental Excellence, drug maker Merck Thailand, for CSR Leadership and FedEx (Singapore) for Best Workplace Practices. Best Community Programme went to the Philippines' Globe Telecom.
The guest of honour, Singapore Environment Council executive director Howard Shaw, commended "industry leaders with the bold vision to embrace CSR". "These leaders... recognise that good CSR practices are instrumental to long-term business sustainability and a healthy bottom line." Even in the midst of "global economic utter doom and gloom, I hope any economic resurgence or recovery will bring with it a pillion rider embracing a refreshing new set of business values".
CSR, or corporate social responsibility, is becoming a bigger priority to organizations in Asia Pacific. Apart from its direct benefits to an organisation's surrounding communities as well as the environment, CSR has also grown into a form of organisational culture and business initiative that has a positive impact on the company itself by nurturing responsible business practices within an organisation that in turn help build and maintain a healthy relationship with stakeholders, garner great support and additional resources for more CSR activities.
List of Winners:
Gold: Merck, Thailand
Silver: YTL, Malaysia
Bronze: TNT, Singapore
Best Environmental Excellence
Gold: Kulim, Malaysia
Silver: FedEx, Singapore
Bronze: IBM, Singapore
Best Community Programme
Gold: Globe Telecom, the Philippines
Silver: P&G, Singapore
Bronze: The Body Shop, Singapore
Best Workplace Practices
Gold: FedEx, Singapore
Silver: Carl Zeiss, India
Bronze: Globe Telecom, the Philippines