April News: Why CSR and how to get involved
CDL-Compact Singapore Young CSR Leaders Award 2016 student briefing
About 320 enthusiastic students attended the CDL-Compact Singapore Young CSR Leaders Award 2016 student briefing on 1 March. Teams from various universities, polytechnics, JCs, ITE colleges and schools met representatives from DNV GL, DSM Singapore, Hilton Worldwide, Interface Asia, Marina Bay Sands, National Environment Agency, NatSteel Holdings, NTUC Income, Ricoh Asia Pacific Pte Ltd and the Maritime and Port Authority of Singapore to learn more about the companies and get ideas for this year's project entries! If you are keen to learn which ideas won at last year's competition, click here.
ADB-Compact Round Table
An ADB-Compact round table 'Enhancing private sector partnerships' was organised by Global Compact at EDB's (Singapore's Economic Development Board) office on how to further promote #CSR in the private sector. Watch this space!
We would like to extend a warm welcome to our newest GOLD member, Frasers Centrepoint Limited!
Ricoh Eco Action Day 2016
Green Jobs Symposium
SAVE THE DATE! Global Compact 2016 International CSR Summit: ‘Sustainability for the Future Economy’
Join Global Compact's 8th edition of its flagship summit event! This year's theme is 'Sustainability for the Future Economy'.
The Sustainable Development Goals (SDG) eventuation, Paris Agreement and the ASEAN Community coming into fruition as well as Singapore’s own 50th birthday as a nation (SG50) were landmark events in 2015. Nonetheless, amidst all these successes, Singapore began the year with signs pointing to a slower economic growth in the coming year. The Singapore government has thus assembled a committee to explore our future economy and how we should chart the nation’s economic development plans. This forum provides an excellent opportunity for the business community to work closely in reshaping how we define growth with possible new business models that would be more inclusive in nature, and ensure that the triple bottom line can be achieved. For more programme and sponsorship details, contact Ms Diana Chng, Manager, Projects firstname.lastname@example.org
IN THE NEWS
Sustainability: A hot item on board agendas
In January, the Singapore Exchange released a proposed set of sustainability reporting guidelines. The new "comply or explain" approach and the reporting guidelines are expected to apply to companies from the financial year ending on or after Dec 31, 2017, with reports published from 2018. Thus, responsibility is placed on the board to consider sustainability issues as part of its strategic formula and the board is required to sign off the sustainability report. (Photo: Unilever's CEO, Paul Polman, by Bloomberg)
Why corporate social responsibility is essential for brand strategy
Corporate social responsibility is typically associated with large companies, not small businesses. But as companies of all sizes are quickly learning, social responsibility is a contemporary business imperative. Unfortunately, despite the best of intentions, CSR often becomes an after-thought for small business owners who are too busy growing their business to focus on secondary initiatives like CSR. It doesn’t have to be.
Four potential rationales for instituting CSR programmes
Why companies invest on corporate social responsibility, or CSR? A new paper published in the Journal of Marketing investigates the motivations of 4,500 firms over a 19-year span and compares implementation of CSR programmes. The study’s authors identified four potential rationales. Find out more below and contact the Global Compact secretariat on why how to get involved.
Strategic Community Investment & Impact Measurement Training
8 April 2016
This one-day interactive workshop will provide attendees with a clear understanding of what Strategic Community Investment entails, how to go about it and how to measure and report on its outcomes and impact. Register now!
Sustainability Reporting Training - A Practical Approach
20-21 April 2016
Registration for our next round of Sustainability Reporting Training – A Practical Approach is now open. The next round of training will take place on 20 and 21 April. Register now!
Global Compact Network Singapore