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Asia Responsible Entrepreneurship Awards 2016 Honors 59CSR Projects and Initiatives

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A total of 59 projects across Asia were selected as the recipients of this year’s Asia Responsible Entrepreneurship Awards (AREA) by Enterprise Asia. The Awards, often dubbed the Nobel Prize for Sustainability, returned this year to Singapore, after having been held in Delhi and Macau over the past two years. The Awards also recognizedthree business leaders for their roles in promoting CSR practices within their organizations and across their industries.

Over 300 submissions from 28 countries were received from companies across Asia, with judges led by former Minister of Environment of Taiwan, Dr Eugene Chien, sieving through the submission over a two-months judging period. Besides being able to demonstrate the design and execution of sound and effective CSR programs, nominees are required to demonstrate the extent that CSR practices have been institutionalized within their organizations and the measurable impact of their programs to people, community and environment.

The Awards honor Asian businesses for championing sustainable and responsible business practices, demonstrating companies’ leadership, sincerity and on-going commitment in incorporating responsible and ethical values, compliance, respect for people and individuals, involvement in communities and protection of the environment into the way they run their businesses.

Dato’ William Ng, president of Enterprise Asia said, “the quality of this year’s submission is outstanding. It was a truly monumental task to decide on the best, as every submission was of very high quality – demonstrating the expertise and capability of the region’s CSR practitioners. This is a far cry from when we first started giving out the awards in the year 2009. Much thought has been given to impact and measurability, as a result of increased reporting requirements.”

Prizes were awards in six categories:

  1. Social Empowerment
  2. Investment in People
  3. Health Promotion
  4. Green Leadership
  5. SME CSR
  6. Responsible Business Leadership.

Dr.Chiensaid, “through these Awards, we highlight the efforts by businesses to promote sustainable corporate practices and an ethical and compassionate business culture. More than ever, we now see the urgency to institutionalize responsible entrepreneurship as a mean to protect our market share, shareholder’s value, and the sustainability of our businesses.”

Asia Responsible Entrepreneurship Awards 2016 Honors59 CSR Projects and Initiatives

The three business leaders named as recipients of the AREA Responsible Business Leadership Award are ShehzadMunim, Managing Director of British American Tobacco Bangladesh, Sun YipingPresident of China Mengniu Dairy Company Limited andYen Wen Long, Chairman of CTBC Financial Holding Co., Ltd.

Among the notable projects winning the Asia Responsible Entrepreneurship Awards are Aircel’s ‘Save Our Tiger’, Maritime and Port Authority of Singapore’s ‘Coral Relocation’, Hai-O Enterprise Berhad’s ‘Talent Development Through Education Excellence’, Pfizer Taiwan’s ‘A Warmth During Winter’, Nu Skin Malaysia’s ‘Southeast Asia Children Heart Fund’, and The Bangchak Petroleum Public Company Limited’s ‘Healthy Communities Initiatives’.

“The successof these programs are perhaps best measured in the number of lives touched and saved, communities uplifted, tears of joy shed, and how the future of our children, and their children, are secured. There’s really no better recognition for having contributed to making the world a better place, than the satisfaction of witnessing the difference you have made. I congratulate all award recipients, and hope that this will encourage them to continue with their generosity of spirit,” Ng said.

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About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality. Enterprise Asia builds on its two pillars of existence: investment in people and responsible entrepreneurship. Enterprise Asia work with governments, NGOs and other organizations to promote entrepreneurial and sustainable development, in uplifting the economic status of people across Asia and in ensuring a legacy of hope, innovation and courage for the future generations.

 

Full List of Recipients of the Asia Responsible Entrepreneurship Awards 2016

 

== Responsible Business Leadership ==

  1. ShehzadMunim, Managing Director, British American Tobacco Bangladesh
  2. Sun Yiping, President, China Mengniu Dairy Company Limited
  3. Yen Wen Long, Chairman CTBC Financial Holding Co, Ltd

== Green Leadership ==

  1. AAG Energy Holdings Limited
    AAG’s Contribution to the Environment, Economy, and Society
  2. Advanced Lithium Electrochemistry (Cayman) Co., Ltd
    Aleees – New Frontier of Green Power Energy
  3. AirAsia Berhad
    Green24
  4. Arthaland Corporation
    KabataangKaibigan ng Kalikasan (Youth Friends of Nature)
  5. Far Eastern New Century Corporation
    Invention of the First 100% Bio-based PET Bottle in the World
  6. Hair O’right International Corporation
    The greenest shampoo from Taiwan washes away the challenges of a global carbon foot-printing scheme
  7. JLanka Power & Energy (Pvt) Ltd
    Online Electricity Monitoring & Controlling System
  8. Malaysian Mosaics SdnBhd
    Green Leadership in Tile Manufacturing – MML Leading The Way
  9. Maritime and Port Authority of Singapore
    Coral Relocation and the Innovative Use of Excavated and Dredged Materials for Reclamation
  10. Metropolitan Waterworks Authority (Thailand)
    Watershed Forest Conservation Project to Honor His Majesty The King
  11. Taipei Financial Center Corporation
    TAIPEI 101 as the new paradigm for high rise green buildings
  12. YFY Inc.
    Every Byproduct has Its Value – Rediscovery of Hydrogen Energy

== Social Empowerment ==

  1. S. Watson Group

Project LOL

  1. ASE Group (Advanced Semiconductor Engineering, Inc)

ASE30 Environmental Conservation Fund

  1. Asian Alliance Insurance PLC

WIN Youth Empowerment Program

  1. Berjaya Starbucks Coffee Company SdnBhd

Connecting Communities

  1. Cathay Financial Holdings

Foster Social Enterprise Ecosystem

  1. Ceylon Tobacco Company PLC

Sustainable Agricultural Development Programme

  1. China Mengniu Dairy Company Limited

Teaching in My Hometown

  1. CTBC Financial Holding Co, Ltd

“Light up a Life” Fundraising Campaign

  1. Eduspec Holdings Berhad

Cyber Security & Wellness

  1. Fubon Insurance Co, Ltd

Foster social charity with Fubon Insurance’s Core Competencies

  1. FWD Life Insurance Public Company Limited

FWD Helps PWD

  1. Hai-O Enterprise Berhad

Talent Development Through Education Excellence

  1. Hindustan Petroleum Corporation Limited

Able Disabled All People Together (A.D.A.P.T) Programme

  1. HSBC Sri Lanka

Restoration of the Cascading Tanks in Anuradhapura

  1. IRPC Public Company Limited

Lam Sai Yong Model

  1. MitrPhol Group

Community Enhancement through the Collaboration of Disability

  1. Oxford College of Business (Pvt) Ltd

Out of Darkness

  1. Pfizer Limited, Taiwan

A warmth during winter – Helping the Elderly Live Longer and Happier

  1. Prudential Malaysia Assurance Berhad

Cha-Ching

  1. PT DarmaHenwaTbk

DarmaMandiri

  1. Puritas (Pvt) Ltd

Going Beyond

  1. Sampath Bank PLC

SampathSaviya

  1. Sinyi Realty Inc.

We are ONE

  1. Tai O Heritage Hotel

Promoting Sustainable Tourism and Cultural Heritage Conservation

  1. Thai Life Insurance Public Company Limited

Thai Life Insurance and Mae Joe University Boost Local Economies Bring Happiness

  1. Uflex Limited

Sports For Growth

 

 

== Health Promotion ==

  1. P. Honda Co. Ltd

Big Blood Donation Across Thailand

  1. FrieslandCampina (Hong Kong) Ltd

Tailored Nutrition For Age

  1. Nu Skin (Malaysia) SdnBhd

Nu Skin Malaysia Southeast Asia Children Heart Fund

  1. SENA Development Public Company Limited

Baan Ruam Tang Fun

  1. Puritas (Pvt) Ltd

PuritasSathDiyawara

  1. The Bangchak Petroleum Public Company Limited

Healthy Communities Initiatives

== Investment in People ==

 

  1. AP (Thailand) PCL

AP Academy

  1. Apex Circuit (Thailand) Co, Ltd

TUK KAI

  1. Global Indian International School

People Development Through Innovative Initiatives

  1. Holcim Philippines, Inc.

Galing Mason Program

  1. Index Creative Village PCL

Our People, Our Index Creative Village

  1. Prosperous Capital & Assurance Limited

Women Empowering through Women

  1. Resorts World Manila

League Of Volunteer Employees (LOVE) Program

  1. Strategic Public Relations Group Limited (SPRG)

20 years: A Solid Foundation For Sustainable Growth

== SME CSR ==

  1. Auden Techno Corp

The Environmental Education for Teenagers: WildView Taiwan Film Festival Tours

  1. Helping Hand Group

Last Donor Standing

  1. Infinity Development Holdings Company Limited

Fundamental works for Social Responsibility and the Company’s Sustainability

  1. Strategic Public Relations Group Limited (SPRG)

Care.Connect.Contribute by SPRG

Callum Connects

Benjamin Kwan, Co-Founder of TravelClef

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Making music to create a life for his family, Benjamin Kwan, started an online tuition portal and his music business grew from there.

What’s your story?
I am Benjamin and I’m the Co-Founder of TravelClef Group Pte Ltd, a travelling music school that conducts music classes in companies as well as team building with music programmes. We also run an online educational platform which matches private students to freelance music teachers. We also manufacture our own instruments. I started this company in 2011 when I was still a freshman at NUS, majoring in Mechanical Engineering.

I was born to a lower income family, my father drove a taxi and was the sole breadwinner to a family of 7. I have always dreamed of becoming rich so that I could lessen the burden placed on my father and give my family a good life.

After working really hard in my first semester at NUS, my results didn’t reflect the hard work and effort I put in. At the same time, I was left with just $42 in my bank account and it suddenly dawned on me that if I were to graduate with mediocre results, I would probably end up with a mediocre salary as well. I knew I had to do something to gain control of my future.

During that summer break, I read a book “Internet Riches” by Scott Fox and I knew that the only way I could ever start my own business with my last $42 would be to start an online business. That was how our online tuition portal started and after taking 4 days to learn Photoshop and website building on my own, I started the business.

What excites you most about your industry?
Music itself is a constant form of excitement to me as I have always been an avid lover of music. As one of the world’s first travelling music schools, we are always very eager and excited to find innovative ways to a very traditional business model of a music teaching.

What’s your connection to Asia?
I was born and raised in Singapore and I love the fact that despite our diversity in culture, there’s always a common language that we share, music.

Favourite city in Asia for business and why?
Hands down, SINGAPORE! Although we are currently in talks to expand to other regions within Asia, Singapore is the best place for business. I have had friends asking me if they should consider venturing into entrepreneurship in Singapore, my answer is always a big fat YES! There’s a low barrier of entry, and most importantly, the government is very supportive of entrepreneurship.

What’s the best piece of advice you ever received?
I have been blessed by many people and mentors who constantly give me great advice but right now, I would say the best piece of advice that I received would be from Dr Patrick Liew who said, “Work on the business, not in it.” This advice is constantly ringing in my head as I work towards scaling the business.

Who inspires you?
My dad. My dad has always been my inspiration in life, for the amount of sacrifices that he has made for the family and the love he has for us. He was the umbrella for all the storms that my family faced and we were always safe in his shelter. Although my dad passed away after a brief fight with colorectal cancer, the lessons that he imparted to me were very valuable as I build my own family and business.

What have you just learnt recently that blew you away?
You can not buy time, but you can spend money to save time! With this realisation, I was willing to allow myself to spend some money, in order to save more time. Like taking Grab/Uber to shuttle around instead of spending time travelling on public transport. While I spend more money on travelling, I save a lot more time! This doesn’t mean that I spend lavishly and extravagantly, I am still generally prudent with my money.

If you had your time again, what would you do differently?
I would have taken more time to spend with my family and especially my father. While it is important to focus our time to build our businesses, we should always try our best to allocate family time. Because as an entrepreneur, there is no such thing as “after I finish my work,” because our work is never finished. If our work finishes, the business is also finished. But our time with our family is always limited and no matter how much money and how many successes we achieve, we can never use it to trade back the time we have with our family.

How do you unwind?
I am a very simple man. I enjoy TV time with my wife and a simple dinner with my family and friends.

Favourite Asian destination for relaxation? Why?
Batam, it’s close to Singapore and there’s really nothing much to do except for massages and a relaxing resort life. If I travel to other countries for shopping or sightseeing, I am constantly thinking of business and how I can possibly expand to the country I am visiting. But while relaxing at the beach or at a massage, I tend to allow myself to drift into emptiness and just clear my mind of any thoughts.

Everyone in business should read this book:
Work The System, by Sam Carpenter. This book teaches entrepreneurs the importance of creating systems and how to leverage on systems to improve productivity and create more time.

Shameless plug for your business:
If you are looking for a team building programme that your colleagues will enjoy and your bosses will be happy with, you have to consider our programmes at TravelClef! While our programmes are guaranteed fun and engaging, it is also equipped with many team building deliverables and organizational skills.

How can people connect with you?
My email is [email protected] and I am very active on Facebook as well!
https://www.facebook.com/benjamin.christian.kwan

This interview is part of the ‘Callum Connect’ series of more than 500 interviews

Callum Laing is an entrepreneur and investor based in Singapore. He has previously started, built and sold half a dozen businesses and is now a Partner at Unity-Group Private Equity and Co-Founder of The Marketing Group PLC. He is the author two best selling books ‘Progressive Partnerships’ and ‘Agglomerate’.

Connect with Callum here:
twitter.com/laingcallum
linkedin.com/in/callumlaing
Download free copies of his books here: www.callumlaing.com

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Before you enter a Startup or before you choose your founding team or new hires read, “Entering Startupland” by Jeff Bussgang

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Before you enter a Startup or before you choose your founding team or new hires read “Entering Startupland” by Jeff Bussgang.

Jeff knows how to spot and groom good culture, as the book session was held in Zestfinance a company he invested in and now, “The Best Workplaces for Women” and for “The Best Workplaces for Tech”, by Fortune.

These are the questions during the Book Launch.

How to know if a hire including the founder is Startup material?
Jeff says to watch for these qualities.

First, do the hires think like an owner?
Second, do the hires test the limits, to see how things can it be done better?
Are they problem solvers and are biased toward action?
Do they like managing uncertainty and being comfortable with uncertainty? And comfortable with rapid decision-making?
Are they comfortable with flexible enough to take in a series of undefined roles and task?

How do we know if we are simply too corporate to be startup?

Corporate mindsets more interested in going deep into a particular functional area? These corporate beings are more comfortable with clear and distinct lines of responsibility, control, and communication? They are more hesitant or unable to put in the extra effort because “it’s not my job”.

If you do still want to enter a startup despite the very small gains at the onset, Jeff offers a few key considerations on how to pick a right one.

He suggests you pick a city as each city has a different ecosystems stakeholders and funding sources and market strengths. You have to invest in the ecosystem and this is your due diligence. Understand it so you can find the best match when it arises.
Next, to pick a domain, research and solidify your understanding with every informational interview and discussion you begin. Then, pick a stage you are willing to enter at. They are usually 1)in the Jungle, 2) the Dirt Road or 3) the Highway. The Jungle has 1-50 staff and no clear path with distractions everywhere and very tough conditions. The Dirt Road gets clearer but is definitely bumpy and windy. Well the Highway speaks for itself, doesn’t it?

Finally Please – Pick a winner!

Ask people on the inside – the Venture Capitalists, the lawyers, the recruiters and evaluate the team quality like any venture capitalists would. Would you want to work for the team again and again? And is the startup working in a massive market? Is there a clear recurring business model?

After you have picked a winning team and product, how would you get in through the door?

You need to know that warm introductions have to be done. That’s the way to get their attention. Startups value relationships and people as they need social capital to grow. If you have little experience or seemingly irrelevant experience, go bearing a gift. Jeff shared a story of a young ambitious and bright candidate with no tech experience who went and did a thorough customer survey of the users of the startup she intended to work with. She came with point-of-view and presented her findings, and they found in her, what they needed at that stage. She became their Director of Growth. Go in with the philosophy of adding value-add you can get any job you want.

And as any true advisor would do, Jeff did not mince his words, when he reminded the audience that, “If you can’t get introduced you may not be resourceful enough to be in startup.”

Startupland is not a Traditional Career or Learning Cycles

Remember to see your career stage as a runs of 5 years, 8 or 10 – it is not a life long career. In Startup land consider each startup as a single career for you.

Douglas Merrill, founder of Zestfinance added from his hard-earned experience that retention is a challenge. Startup Leaders to keep your people, do help them with the quick learning cycles. Essentially from Jungle to Dirt road, the transition can be rapid and so each communication model that starts and exists, gets changed quickly. Every twelve months, the communication model will have no choice but to break down and you have to reinvent the communication model. Be ready as a founder and be ready as a member of the startup.

Another suggestion was to have no titles for first two years. So that everyone was hands-on and also able to move as one entity.

Effective Startupland Leaders paint a Vision of the Future yet unseen.

What I really enjoyed and resonated with as a coach and psychologist was how Douglas at the 10th hire thought very carefully what he was promising each of his new team member. He was reminded that startups die at their 10th and their 100th hires. He took some mindful down time and reflected. He then wrote a story for each person in his own team and literally wrote out what the company would look like and their individual part in it. In He writing each of the team members’ stories into his vision and giving each person this story, it was a powerful communication piece. He definitely increased the touch points and communication here is the effective startup’s leverage.

Douglas and Jeff both suggested transparency from the onset.

If you think like an owner and if you think of your founding team as problem solvers. Then getting transparent about financials with your team is probably a good idea. As a member of a startup, you should insist on knowing these things
Such skills and domain knowledge will be valuable. There is now historical evidence of people leaving startups and being a successful founder themselves because they were in the financial trenches in their initial startup. Think Paypal and Facebook Mafia.

What drives people to enter a startup?

The whole nature of work is changing. Many are ready to pay to learn. Daniel Pink’s book Drive showed how people are motivated by certain qualities like Mastery, Autonomy and Where your work fits into big picture. Startups do that naturally. There is a huge amount of passion and the quality of team today and as it grows then the quality of company changes.

The Progress principle is in place, why people love their startup jobs is not money rather are my contributions being valued? Do I see a path of progress and do I have autonomy over work and am I treated well?

Find out more about StartupLand on Amazon

And learn from Zestfinance

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