More companies taking up CSR [News]

By Hetty Musfirah, Channel NewsAsia, 5 Sep 2011.

More companies in Singapore are taking up Corporate Social Responsibility (CSR).

Singapore Compact, which is the national organisation promoting CSR, says it now has 60 per cent more members compared to two years ago, with 366 members.

In his address at the start of the third International Singapore Compact CSR Summit, Minister in the Prime Minister’s office S Iswaran, urged more companies to embrace CSR, given its huge benefits.

Mr Iswaran said CSR initiatives will take on added significance as the footprint of operation of Singapore-based companies grows regionally, while small and medium enterprises too can reap benefits. Read more

International Singapore Compact CSR Summit 2011 takes off [Press Releases]

Focus on youth, launch of CDL-Singapore Compact Young CSR Leaders Award

Singapore, 5 Sep 2011 – Mr S Iswaran, Minister, Prime Minister’s Office, and Second Minister for Home Affairs and Trade & Industry, launches the International Singapore Compact CSR Summit 2011 today, against a backdrop of CSR gaining momentum in Singapore.

Singapore Compact for CSR, the national organisation charged with promoting CSR, has reported a 60% increase in the number of members over the past two years, with 160 new members since May 2009. This is the fastest growth experienced since the body was set up in 2005, reflecting an increase in CSR awareness. Its membership now stands at 366.

The spurt in growth is directly attributable to the greater awareness and the intensified efforts by Singapore Compact to push the CSR message island-wide. This will be further impetus for the body to increase its resources and strengthen its services and training programmes. Read more

Singapore Companies Honoured at Inaugural CSR Awards

At the International Singapore Compact CSR Summit 2010, Singapore Compact announced the winners of the inaugural CSR Awards, to honour the companies’ best practices in CSR. Out of the 58 entries submitted, five local companies were chosen as winners in five different categories while two other companies received Special Mention.

Speaking on the awards, Mr Seah Kian Peng, Vice-President of Singapore Compact for CSR said: “The response for the awards this year has been very good. The judges discussed the various nominations very thoroughly before arriving at their decision. We feel that this award is a good way to motivate people to improve their CSR performance. We need leaders and innovators to lead the way in CSR, and to improve on what has been done. For future years’ awards, we will fine tune the criteria for selection to align to changing expectations of the community and other stakeholders.” Read more

More Companies Embrace CSR in Singapore

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

International Singapore Compact CSR Summit 2010

International Singapore Compact CSR Summit 2010

This timely summit organized by the Singapore Compact for CSR brings together experts from various sectors to discuss on how to plan, measure, and implement CSR strategies for sustainable business success.

The Inaugural International Singapore Compact CSR Summit of last year was a great success, attracting about 400 delegates from multinational corporations, small and medium enterprises, unions, government, academia and the general public.

Let’s join other business leaders, CSR professionals and many other stakeholders to hear and learn from the experts, local and overseas, to address the following challenges:-

HOW TO PLAN     |     HOW TO MEASURE     |     HOW TO IMPLEMENT

• How can my organisation make CSR an effective strategy for sustainable business success?
• How can my organisation keep pace with the ever changing energy challenge?
• How government policies shape along with the global impetus?
• How can my organisation effectively respond to the global trends which affect my organisation?
• How can I measure my organisation’s response to the climate change challenge and sustainability developments?
• How is the Carbon Disclosure Project (CDP) relevant to my organisation and where shall I start with?
• How can I measure the social impact of my organsiation?
• How can I start with my first sustainability report with a universally accepted standard?
• What are the cost and time-effective ways to do sustainability reporting?

*Fees reflected above are based on per delegate.

Please visit www.singaporecsrsummit.org for more information about the International Singapore Compact CSR Summit 2010.

For registration, please download the form from http://www.singaporecsrsummit.org/registration.php and fax the completed form to 6471 1278.

Please feel free to contact Mr Cedric Miranda or Ms Fion Tsang at 6827 6825, or email to enquiry@singaporecsrsummit.org for any enquiries or the sponsorship opportunity for the International Singapore Compact CSR Summit 2010.