The Sustainability Toolkit

May 30, 2015 by  
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The Sustainability Tookit coverBy Bhavani Prakash

How do Singapore based companies engage their employees around sustainability and CSR? This was the question that prompted me to interview eleven organisations over a four month period to share bright spots that other companies could emulate. The result: an online 42 page resource entitled, ‘The Sustainability Toolkit: A framework for engaging employees for CSR – Using best practices from Singapore based organisations, that is available for free download here.

Why engage employees in CSR: The Business Case

There is increasing pressure on companies from a range of stakeholders to operate in a manner that is socially and environmentally responsible. Companies who respond proactively rather than reactively to legislative and stakeholder pushes, are more likely to experience several benefits. In particular, as research shows, organisations that engage their employees in the process are more likely to:

  • Attract quality talent who want to work with responsible companies
  • Retain quality talent as it improves employee loyalty
  • Lowers absenteeism with improved engagement levels
  • Innovate more for competitive advantage, as employees are a source of ideas for sustainability
  • Maintain their reputation and branding, as employees are the touch points with customers, suppliers and members of the public, and reflect the company’s culture

7 key elements surfaced in our interviews with the 11 Singapore based organisations that are important for engaging employees in CSR: Read more

More to be done on CSR in Singapore

October 16, 2014 by  
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Minister Lawrence Wong at International Singapore Compact CSR Summit (1)

The annual International Singapore Compact CSR Summit was held today by Singapore Compact, and provided a platform for companies and thought leaders involved in CSR (corporate social responsibility) to discuss how companies can maintain sustainable growth through adopting CSR and engaging stakeholders to achieve a balanced triple bottom line.

The CSR movement has grown in importance and relevance, and companies can no longer ignore the need to embrace and embed CSR in their businesses. Mr Kwek Leng Joo, President of Singapore Compact, shared that only one-third of the listed companies in Singapore communicate their CSR and sustainability initiatives to stakeholders through various channels, and only 32 companies produced CSR reports in 2013 according to the Global Reporting Initiative (GRI) database. Read more

International Singapore Compact CSR Summit 2014

July 25, 2014 by  
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International Singapore Compact CSR Summit 2014 - Participants

Awareness about corporate social responsibility (CSR) in Singapore and the ASEAN region has been growing over the past decade, a trend that is expected to continue. In spite of this, many businesses in the region still find it an uphill task to actively embed CSR into their business strategies, preferring to invest in the social development and philanthropic aspects of CSR.

This is the inspiration behind the theme for this year’s International Singapore Compact CSR Summit, “CSR: For Sustainable Growth. Balancing Profits, People and Planet”. Taking place at the Marina Bay Sands Convention Centre on 16 and 17 October 2014, this year’s 2-day conference provides a platform for major CSR players to discuss how companies can maintain sustainable growth through responsible business actions. Read more

The Way Forward for CSR in Singapore

September 4, 2013 by  
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Mdm Halimah Yacob, Speaker of Parliament, Singapore spoke about the need for social innovation at the 5th International Singapore Compact CSR Summit opening ceremony.

In its 5th year, the annual International Singapore Compact CSR Summit highlights the growth of corporate social responsibility (CSR) in Singapore over the years and looks at the way forward. Organised by the Singapore Compact for CSR, this year’s summit saw over 460 delegates and guests coming together to learn and share ideas and experiences on CSR.

Here are three messages from the summit, which we feel is important in shaping the way forward for CSR in Singapore:

1. Explore beyond CSR to social innovations

In her opening speech, Madam Halimah Yacob, Speaker of Parliament, said that it is heartening to see the growth of CSR in Singapore, where there is now growing awareness of CSR among companies, and it is almost a given for companies to have in place corporate philanthropy and volunteerism programmes to give back to society. Read more

International Singapore Compact CSR Summit brings together the best in CSR thoughts and practices

August 13, 2013 by  
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Singapore’s premium CSR event is back once again! The International Singapore Compact CSR Summit, organised by Singapore Compact for Corporate Social Responsible (CSR), is taking place on 4 and 5 September 2013 at the Raffles City Convention Centre.

Now into its fifth year, the 2-day Summit promises to showcase the best CSR thoughts and practices in the region and around the world, by bringing together more than top business leaders, government officials, policy makers, academics, civil society leaders and CSR practitioners in a brisk exchange of focused analysis and dialogue on the world of CSR. Read more

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