Singapore, 26 July 2018, The winning companies of the 2018 Sustainable Business Awards (SBA) were announced today in the presence of Minister for the Environment and Water Resources, Mr Masagos Zulkifli. Nearly 70 of Singapore’s largest companies and SMEs entered the awards, making it a record year for Singaporean companies. Nearly half of the winners across all categories this year are Singaporean companies. This year has also seen the highest number of new companies entering the Awards with over 70% of first-time contestants. (Full list of winners below)
Organised by Global Initiatives, the awards 4th edition is run in collaboration with PwC, Business Council for Sustainable Development (BCSD), Control Union and the Fullerton Hotel. The Sustainable Business Awards is the region’s leading sustainable award platform since 2012 recognising outstanding leadership in sustainable business practices. SBA awards businesses through a rigorous assessment on practices with a methodology that scores both process and performance across the following 12 categories; Strategy and sustainability management; Workforce; Community; Energy management; Water management; Waste management and material productivity; Climate change; Supply chain management; Land-use and biodiversity; Business responsibility and ethics, Stakeholder engagement and materiality, and the UN SDGs.
This year the SBA has also created two new award categories – Best Social Enterprise and Best Public Sector Service. These categories recognise the hard work and sustainability efforts of non-corporate organisations that have a major impact on local communities.
“Singapore’s sustainability leadership is evident in this year’s awards, both in terms of business engagement as well as a country, leading by example in the region. Business can and must strengthen this momentum even further to progress on the Singapore sustainable movement and reach the 2030 UN goals in time” Remarked Tony Gourlay, CEO, Global Initiatives.
“The awards tonight show that many Singapore companies are leading the way in responsible stewardship and sustainability practices. Practices that will not only benefit business, but also society and the environment. PwC is proud to support the Sustainable Business Awards and organisations in achieving their sustainability ambitions.” Remarked by Fang Eu-Lin, Sustainability & Climate Change Leader, PwC Singapore
An advisory panel advised on the winners; Soo Yee Leong, Director, ASEAN & ANZ, ACCA; Sanjaya Pathirage, President Director, Control Union; Anthony Tan, Deputy, Chief Executive Officer, Singapore Press Holdings; Tony Gourlay, Chief Executive, Global Initiatives
MEDIA CALL FOR INTERVIEWS: To interview an SBA Singapore winner please contact:
Regina Cheah | firstname.lastname@example.org | +65 8281 6929
APPENDIX 1: FULL LIST OF WINNERS BY CATEGORY
Overall winner – This year the award is presented to both Unilever and CDL
Unilever’s Sustainability Living Plan sets out their vision for growing their business while decouple their environmental footprint from their growth. They have been a leader in sustainability globally for many years and continue to set ambitious targets across all aspects of their business.
CDL has integrated sustainability into their core strategy since 1995 and its Future Value 2030 blueprint encapsulates their longstanding commitment and best practices of over 20 years by setting clear directions guiding them to sustainable future. They continue to lead the way for Singapore.
Winners of Sustainability Categories:
Best, Strategy & Sustainability Management – Singtel
Singtel’s sustainability strategy stems from the very top. They reward management on various Environmental, Social and Governance (ESG) KPIs which form part of their balanced scorecard. For example, the Singtel Group CEO has specific ESG KPIs tied to her performance-based compensation such as creating a bigger impact through community strategy.
Special Recognition, Strategy & Sustainability Management – Standard Chartered Bank
Standard Chartered Bank has demonstrated its commitment to integrating sustainability throughout its Asia Pacific operations by creating a well-defined sustainability framework based on three ESG pillars – Sustaining Growth, Empowering Lives, and Nurturing Communities – that are guided by global frameworks such as UNGC, UN Principles on Business and Human Rights and the UN SDGs
Best Workforce – Sodexo
Aiming to be one of the world’s most admired employers, Sodexo makes concerted efforts to engage and support its employees. The company provides a mental health support hotline for its employees and conduct at least 2 region-specific employee engagement surveys a year. Additionally, Sodexo has an ambitious goal of increasing women in leadership by 40% by 2025 and have chosen to hold its senior executives accountable by linking their annual incentive to the achievement of this target.
Special Recognition, Workforce – CDL
CDL have implemented sustainability performance by linking it to employee performance indicators. CDL launched its women4Green network in 2017, which hopes to celebrate and empower women in creating a sustainable future. CDL also has an Employee Assistance Programme to provide staff with support for any issues concerning work, family matters, interpersonal relationships.
Best Sustainability in the Community – APRIL
APRIL’s Fire Free Village Programme, which incentivises safe practices and environmental protection through no-burn targets has reached more than 200 villages. Villages that achieve these no-burn targets qualify for infrastructure grants given by APRIL to help improve the quality of life for these communities.
Special Recognition, Sustainability in the Community – DBS
DBS engages in community practices that support its core mission by working closely with Singaporeans to inculcate responsible finance practices. Programmes such as the POSB National School Saving Campaign and its SkillsFuture programme to hire seniors, among others, reached 400,000 children and 10,000 seniors in Singapore.
Best Energy Management – Ericsson
A leader in telecommunications products, Ericsson closely monitors its energy consumption and emissions production and have succeeded in reducing their absolute emissions by 48% since 2011. Through a life cycle assessment of its products, Ericsson discovered their products require the greatest energy during their operational use and are innovating to make their products more energy efficient during operational use.
Special Recognition, Energy Management – Interface
Interface’s ambitious Mission Zero Plan was announced in 1994, with a target of 0 non-renewable energy by 2020. Already, they have managed to achieve 88% renewable energy use in their manufacturing sites. Their latest initiative, Factory as a Forest, seeks to integrate renewable energy and greenery to sequester carbon and produce clean energy at the same time.
Best Water Management – Unilever
Through science-based processes, Unilever has identified customer use of products is where greater water consumption takes place in a product’s life-cycle. With the aim of halving the water associated with their products by 2020, they innovate to reduce amount of water required in the use of their products such as 2-in-1 laundry powders and detergent bars.
Special Recognition, Water Management – Kimberly-Clark
Following water risk assessment studies, Kimberly-Clark has conducted watershed analysis and target setting for 5 key areas. In high stress water regions such as in Kluang, Malaysia, Kimberly-Clark has worked closely with communities to educate them on better water use practices and have also invested in cleaning up their operations and water sources. They have achieved a 15% water intensity reduction since 2012.
Best Waste and Material Productivity – Kimberly-Clark
Kimberly-Clark has a Zero Waste to landfill by 2022 target and keeping 150,000 metric tonnes of post-consumer product and packaging waste out of landfills goal. They have worked closely with the Ngee Ann Polytechnic to use wet wipe trimming waste in place of saw dust that is used to dispose of medical and hazardous waste.
Special Recognition, Waste and Material Productivity – Interface
Interface has a zero waste to landfill by 2020 target. They have several initiatives in place to reduce waste to landfill, including ReEntry, a global carpet takeback programme to “take back” old carpets and divert them to the most sustainable option: either by reusing, recycling or through energy recovery depending on the carpet’s condition.
Best, Climate Change – This year we have awarded both Singtel and City Developments Limited this award
Singtel’s science-based targets include reducing carbon emissions intensity by 30% by 2020 and 50% by 2030 using 2015 as their baseline. They have also conducted a formal climate adaptation and resilience study to identify and address their greatest risks and life-cycle assessments to measure the direct and indirect impacts of their products. SingTel is one of the first global companies to endorse the Climate-related Financial Disclosures, or TCFD in 2017.
CDL’s science-based targets include reducing their emissions intensity by 38% 2030 compared with 2007 levels. They are currently conducting a climate risk scenario study in line with TCFD recommendations.
Special Recognition, Climate Change – Unilever
Unilever’s science-based targets include becoming carbon positive in its operations by 2030 and halving the greenhouse gas impacts of their products across their lifecycle by 2030. Since 2008, Unilever has reduced CO2 emissions by over 47% in its operations since 2008.
Best Supply Chain Management – Unilever
With their long supply chain, Unilever are leaders in supply chain management, working closely with their suppliers to conducting trainings and engaging in joint innovation. Through Partner to Win, Unilever fosters closer collaborations with their most strategic suppliers on 5 core areas: quality and service quality, innovation, value to achieve long term sustainable growth, responsible and sustainable living, capacity and capability to grow their business.
Special Recognition, Supply Chain Management – Evonik
Through the chemical industry initiative, Together for Sustainability (TfS), Evonik conducts supplier trainings to raise awareness on the importance of sustainability and aims to have all their most relevant suppliers complete this training by the end of 2018. They also have a vocational training and educational initiative, Shaping Procurement and Developing Excellence (SPADE), a programme for professional development of their suppliers.
Best Land Use and Biodiversity – CDL
CDL ensures all new projects must meet IFC Environmental and Social Performance standards and has a Social and Environmental Management System which guides how they will manage community engagement. Additionally, CDL consults environmental experts if any endangered fauna or flora might be disrupted by their developments.
Special Recognition, Land Use and Biodiversity – Sindicatum Renewable Energy
Sindicatum Renewable Energy conducts environmental and social impact assessments prior to construction of their renewable energy sites. They have pledged to resettle any communities that may need to be relocated due to their developments with the aim of ensuring livelihood improvement and maintains clear channels for grievance-raising.
Best Business Responsibility & Ethics – Accor Hotels
Accor Hotels is the first hotel group to sign ECPAT (End Child prostitution and Trafficking) and train its staff to look out for this and other suspicious behaviour. They have committed to conducting information campaigns, aimed at travellers, training and awareness programmes, fund-raising events, and in-kind contribution in service of the cause.
Special Recognition, Business Responsibility & Ethics – Evonik
Evonik has introduced a new whistle-blower system to supplement their established system for reporting compliance violations. Operated by a third party, the system enables employees and external stakeholders such as locals, residents, suppliers and customers to report suspected breaches of human rights. Additionally, they are currently working on a human rights risk map based on a range of human rights indicators.
Best Stakeholder Engagement & Materiality – DSM Singapore
On top of an annual employee engagement survey, DSM’s customer satisfaction results are updated and reported via Sustainalytics, Fortune’s Change the World list and Dow Jones Sustainability Index. In 2017, DSM’s thorough materiality refresh included analysing public disclosures of thousands of relevant stakeholders, supplemented by desk research and interviews
Special Recognition, Stakeholder Engagement & Materiality – United Overseas Bank
UOB establishes its material topics based on principles from the Association of Banks in Singapore’s Responsible Lending Guidelines and UN Principles for Responsible Investment and the Equator Principles.
Best UN SDGs – Keppel Corporation
Keppel Corp’s board and C-suite are directly involved in and have oversight of their UN SDGs. They are the official main sponsor of SDG11: Sustainable Cities and Communities at UNLEASH 2018, a global innovation lab which brings together 1,000 people from all over the world to create disruptive solutions to tackle SDGs. Additionally, Keppel Corp reports on their SDG progress and achievement globally but also in Singapore specifically.
Special Recognition, UN SDGs – Akzonobel
Akzonobel are paving the way for the chemicals sector to contribute to the realisation of SDGs. They align their goals using the SDG Compass, and have created the Human Cities Coalition, which is a public-private partnership bringing together business, governments, academic and civil society to make megacities in emerging markets more liveable.
Winners of Special Categories:
Best Flagship Initiative – DBS
DBS’s flagship initiative to spend S$20 million over the next five years to future-proof and upskill their workforce demonstrates an excellent joint development and growth of their business and their employees. The programme involves the use of artificial intelligence powered e-learning, a digital finance curriculum to train staff to be digital bankers in a digital economy. They also offer employees the opportunity to go on paid sabbaticals to work on prototypes and start their own businesses.
Special Recognition, Flagship Initiative – This year we have awarded both Ericsson and APRIL this award
Ericsson’s community and biodiversity flagship project, Connected Mangroves uses Internet of Things technology to help conserve the marine ecosystem of Bangkung Malapad—a critical habitat and ecotourism area in the Philippines. A first of its kind in Philippines, the project uses wireless connectivity to capture data relevant to mangroves’ survival, such as water level and humidity among others, and transmits this information over a cloud system to a dashboard accessible to concerned stakeholders.
Restorasi Ekosistem Riau (RER), is the largest peatland restoration programme to be funded and managed by a private sector company in Southeast Asia. US$100 million has been committed by APRIL over ten years for long-term restoration and conservation of the ecologically important peat forest in Kampar Peninsula and Padang Island, Riau province covering approximately 150,000 hectares, or an area twice the size of Singapore.
Best SME – Sindicatum Renewable Energy Company
Sindicatum Renewable Energy Company is headquartered in Singapore with operations across India, Thailand, Indonesia, UK and the Philippines. They are an independent renewable energy producer that develops, owns, operates and acquires contracted clean power generation facilities in South and Southeast Asia. Sustainability lies at the heart of their business – they practice sustainable investing and was the first Singaporean company to issue an international green bond.
Special Recognition, SME – Greenpac
Greenpac specialises in sustainable, innovative and environmentally friendly packaging solutions for fortune 500 companies. They partner with their customers to re-engineer industrial packaging processes through the creation of innovative, environmentally friendly packaging solutions which help to achieve bottom-line savings and enhance their supply chain efficiency.
Best Social Enterprise – The Bliss Group
The Bliss Group is a social enterprise working with marginalised employees including ex-convicts and those with disabilities and trains them to work in catering. Their triple bottom line is defined as: employment opportunities for marginalised workers, reducing their carbon footprint by supporting local farmers and reducing food waste, and increasing community-level financial sustainability.
Special Recognition, Social Enterprise – Comcrop
Comcrop is an urban farm on the Scape building, which will expand to a second farm in Woodlands. Comcrop employs the elderly and disadvantaged, and pledge to put back 10% of their proceeds back into the community. As a result, they run free farm tours once a month and volunteer programmes twice a month.
Best Newcomer – Sembcorp Industries
Sembcorp Industries has long held a strong commitment to sustainability, which shows in their listing on the Dow Jones Sustainability Asia Pacific Index, and the SGX Sustainability Leaders Index. With a recent focus on renewable energy and environmental solutions, Sembcorp is showcasing its commitment to being a responsible company that builds sustainable businesses.
Special Recognition, Newcomer – SAP Asia
SAP’s purpose is to help the world run better and improve people’s lives. SAP has been an industry leader on the Dow Jones Sustainability Index for many years. In Singapore they are active members of the Global Compact Network and are also co-organisers of an ASEAN-wide competition to inspire youths to take action on the UN SDGs.
Best Public Sector Service – Maritime and Port Authority of Singapore
The MPA is a committed industry leader, mobilising the reformation of the maritime industry. With the ambition of making Singapore a globally renowned green port, MPA has several grants and programmes in place to support the maritime industry in achieving targets above and beyond minimum green standards.
Importantly, MPA has demonstrated excellent reporting standards, and seeks to assist SGX-listed maritime companies writing their first sustainability reports through their initiative, the Report Co-Funding Scheme.
Special Recognition, Public Sector Service – National Environment Agency
NEA is an indispensable component of Singapore’s sustainable journey. They have demonstrated outstanding achievements through creative and successful partnerships supporting several industries and sectors attain greater sustainability standards and
In December 2017, NEA launched the Environmental Services Industry Transformation Map. The strategy seeks to drive innovation and wide technological adoption, upskilling the workforce to take on better jobs, improve productivity through better procurement practices and capturing value overseas