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Companies Creating Shared Value in Poverty Alleviation, Agriculture Development, Enhancement of Health and Education Recognized at Asian CSR Awards

Companies from the Philippines, Thailand, Bangladesh, Singapore, and India that have successfully created shared value in the areas of poverty alleviation, agriculture development, and enhancement of health and education were recognized at this year’s Asian CSR Awards, given by the Asian Institute of Management-Ramon V. del Rosario, Sr. Center for Corporate Social Responsibility (AIM-RVR CSR Center) and Asia Inc Forum.

A featured event at the Asian Forum on Corporate Social Responsibility (AFCSR), the Asian CSR Awards recognizes companies that have demonstrated corporate responsibility in their business philosophy and operations. Programs must have showcased benefit to stakeholders, as well as provided innovative and sustainable solutions to pressing social challenges.

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Asian Forum on Corporate Social Responsibility emphasizes the need for pervasive social innovation

The Asian Forum on Corporate Social Responsibility (AFCSR), co-organized by the Asian Institute of Management-Ramon V. del Rosario, Sr. Center for Corporate Social Responsibility (AIM-RVR CSR Center) and the Asia Inc Forum, with the theme, “Corporate Social Innovation: Why it Matters for a Better Future”, opened today, 20 September 2016, at the Kempinski Hotel in Nay Pyi Taw, Myanmar. 

Alluding to the choice of venue for this year’s AFCSR, conference chair and Asia Inc Forum Chairman Dato Timothy Ong remarked, “This is a time of great promise and possibility, with Myanmar as the youngest democracy and fastest growing economy in Asia. This year’s AFCSR is part of a process that began at AIM 15 years ago, and we are continuing the dialogue on what businesses must do to do well and do good.” 

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How do you strengthen business resiliency to build a resilient community?

Disaster preparedness and response is regarded as the responsibility of the government, but given the scale of the challenges, the private sector plays a critical role in building resilient communities. Specifically, companies can contribute by developing business models to support early warning systems, hard infrastructure, risk pooling and assessment for key elements of the resilient operating systems that communities will increasingly need.

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CSR for Turbulent Times

Socially responsible companies should not only partner with their stakeholders but also manage their footprint. Companies manage shareholder and stakeholder expectations during business crisis or natural disasters.

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ITC Limited India- Governance and Society Asian CSR Awards

ITC Limited’s corporate vision and strategy is anchored in the Indian enterprise’s commitment serve the larger national purpose, aligning itself to the Triple Bottom Line in all aspects of business policy and practice. ITC’s corporate strategy is to create inclusive business models that complement the company’s internal competencies and focuses on emerging opportunities in the Indian and global markets to create multiple drivers of growth, while reinforcing CSR programs that would boost grassroots capacity.

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What is the greatest legacy you can give to your children?

As a developing country, Indonesia has significant health and hygiene challenges. In a research conducted by the Ministry of Health, 2 out of 3 major health problems are faced by school aged group in Indonesia. It fills 30% of Indonesian population. In response to this, P.T. Unilever Indonesia's School Program – an integrated health hygiene promotion emphasized the importance of behavior change among the youth in remote areas where health and sanitation systems are poor. The program does not only seek to address the immediate health and sanitation needs, but also offers solutions so that the youth adopt good hygiene practices. The program fully assessed the stakeholder needs and situation to develop to the creation of holistic program approach. The company was awarded the 2014 Asian CSR Award Health Enhancement Category.

Discover this year's awardees, register for the 15th AFCSR. Click here.

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Tri Mumpuni on daring to be different

"We have to think out of the box. If you only talk mainstream, the world will not change in any way. The world needs someone who dares enough to do something completely different where people can see beyond what is going on now." - Tri Mumpuni

Tri Mumpuni is an agriculture engineer who is campaigning to replace diesel power generation into renewable energy. Through IBEKA(People Centered Business and Economic Institute) and public-private partnerships, she develops community based micro hydroelectricity projects to create opportunity in poor rural areas and remote villages across Indonesia. 

Hear from other inspiring social entrepreneurs, join us for the AFCSR 2016 in Nay Pyi Taw, Myanmar. To register, click here

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How can we work together to solve society's biggest problems?

The challenges in today’s globalized world range from traffic congestion, lack of adequate housing, the need for clean drinking water, and much more. There are solutions to address these problems—ride sharing businesses to reduce cars on the road, a USD300 house, and water purifiers that create potable water. Solutions are created organically and represent a movement that transcends boundaries and grows daily. This evolution has changed the way business thinks. Economies are built on generating solutions and innovative problem solvers are closing the gap between the needs of the community and the traditional services provided by the government. William "Bill"Eggers (Author of “The Solution Revolutions: How Business, Government and Social Enterprise are Teaming Up to Solve Society’s Biggest Problems) described the “Solution Economy” as initiatives that use emerging technology and innovative business models to achieve sustainable public outcomes. This solution economy brings together various players that utilize sustainable responses.

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