Press Releases

ASEAN CSR Network launches inaugural responsible business fellowship for next generation of entrepreneurs in Southeast Asia

ASEAN CSR Fellowship kicks off with 16 Fellows from business, civil society and government sectors

Singapore - 9 January 2017 – Responsible Business Conduct and Corporate Social Responsibility (CSR) is gaining traction in ASEAN.  Sustainability Reporting (SR) has increasingly gained recognition from countries in ASEAN. It forms a core component of businesses’ Corporate Social Responsibility (CSR) practice that discloses non-financial information about their business operations and practices. An example is Singapore whereby the number of companies to do so had raised steadily over the years and come end 2017, SR will be made mandatory through a “comply or explain” framework for Singapore Exchange (SGX) listed companies. As this gains traction, so must there be a need to groom CSR leaders to push the agenda of CSR in businesses forward.  Particularly in ASEAN, which is one of the fastest growing consumer markets in the world, it is important to promote responsible businesses so that they can be held accountable and has ethical behavior towards profits while respecting social and environmental stewardship.

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Over 60% of Singapore Listed Companies still not communicating sustainability

Findings from the latest biennial study on sustainability reporting indicate need for greater accountability to report environmental practices.
 
Singapore - 20 October 2016 – A study by National University of Singapore (NUS) Business School’s Centre for Governance, Institutions and Organisations (CGIO) and ASEAN CSR Network (ACN) revealed that majority of Singapore companies are still not communicating sustainability.
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Sustainability Consortium of Professionals and Educators (SCOPE) formed to overwhelming response

Consortium established after two-day Conference on Corporate Governance and Responsibility: Theory Meets Practice
 
Singapore, 21 July 2016 – As a strong call to action by industry participants attending the Conference on Corporate Governance and Responsibility held in Singapore from 20 to 22 July 2016, a Sustainability Consortium of Professionals and Educators (SCOPE) was formed. 
 
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Only half of top ASEAN listed companies publicly disclose their commitment to anti-corruption

Findings from business integrity research launched at the Conference on Corporate Governance and Responsibility: Theory Meets Practice

Singapore, 21 July 2016 – A joint research by ASEAN CSR Network (ACN) and National University of Singapore (NUS) Business School’s Centre for Governance, Institutions and Organisations (CGIO) revealed that on average, only 54 per cent of the top listed companies in five ASEAN countries have a publicly disclosed  commitment to anti-corruption. The study looked at the top 50 listed companies in each of the five countries – Indonesia, Malaysia, Philippines, Singapore and Thailand – and assessed their level of public disclosure related to their anti-corruption efforts.

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Singapore companies lag behind ASEAN counterparts in sustainability reporting regulation

Findings from study on sustainability reporting launched at the Conference on Corporate Governance and Responsibility: Theory Meets Practice

Singapore, 20 July 2016 – A study by National University of Singapore (NUS) Business School’s Centre for Governance, Institutions and Organisations (CGIO) and ASEAN CSR Network (ACN) revealed that companies see the relevance in sustainability but majority struggle to identify its key impact, risks and opportunities.

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