Introducing ISO 26000 – Guidance on Social Responsibility

March 16, 2011 by  
Filed under Insights

The latest International Standard ISO 26000:2010 – Guidance on Social Responsibility, was launched yesterday by SPRING Singapore at a seminar to introduce the new standard to the business community.

What is ISO 26000

ISO 26000 provides social responsibility guidance for all types of organisations, such as MNCs and big corporations, SMEs, non-governmental organisations and government agencies.

As the world moves towards an age of radical transparency, organisations and stakeholders become increasingly aware of the need for socially and environmentally responsible behaviour. ISO 26000 is thus a timely and relevant guide to help organisations understand what social responsibility is and what they need to do to operate in a socially responsible way. Read more

More Companies Embrace CSR in Singapore

September 30, 2010 by  
Filed under Insights

Corporate Social Responsibility (CSR) is gaining traction among the companies in Singapore. This is evident from the significant increase in companies joining the Singapore Compact for CSR, a tripartite body charged with promoting CSR in Singapore. Its membership grew 42% from 239 last September to 341 this year. There is also an increase in sustainability reporting using the Global Reporting Initiative (GRI) framework, from zero companies in 2007 to more than 20 currently.

Singapore Compact explains that CSR is picking up in Singapore due to several reasons. The public are increasingly looking at companies’ environmental and social responsibility, and more consumers are expecting companies to be ethical. Companies are also starting to understand that CSR makes good business sense as it enhances their credibility, increases their employee retention, attracts global talent, and helps them better address environmental concerns. Read more