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INTERNATIONAL CSR SUMMIT 2017 & ASIA RESPONSIBLE ENTREPRENEURSHIP AWARDS 2017

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ICS and AREA, Asia’s leading large scale and regional CSR programs, organized by Enterprise Asia, concluded its successful event last Friday in Bangkok. The event saw over 300 CSR thought leaders, doers and practitioners from across Asia attended the International CSR Summit (ICS) during the day, and in the evening, a total of 57 winners were presented with the Asia Responsible Entrepreneurship Awards (AREA) who have excelled in their efforts in executing sound and effective CSR programs. The CSR events were held 2 June 2017 in Renaissance Bangkok Ratchaprasong Hotel.

 

International CSR Summit (ICS), themed “Sustainability Beyond Borders”, offered high-level networking for the CSR community, delivering a platform that fosters interconnecting partnerships and urges global sustainability collaborations – a call to move beyond their borders. The summit reflected on the growing importance of partnerships and alliances in business, CSR is no longer a SILO initiative that is only the responsibility of the CSR team. Global collaboration and multi-sector alliances will open new opportunities for corporations to create greater competitive advantage.

 

Dr. Wijarn Simachaya, Permanent Secretary from the Ministry of Natural Resources and Environment Thailand, did the honours of officiating the ICS 2017, and the welcome address was delivered by Tan Sri Dr Fong Chan Onn, Chairman of Enterprise Asia, former Minister of Human Resources and Chairman of Sustainable Energy Development Authority Malaysia.

 

The summit featured a full suite of high level speakers from CSR-oriented organizations that are well known in their fields of expertise. Dr. Supachai Panitchpakdi, former Secretary General UN Conference on Trade and Development (UNCTAD) was one of the keynote speakers for the summit. The rest of the spekers’ line up are:

  1. Rapee Sucharitkul, Secretary-General, Securities and Exchange Commission
  2. Yodphot Wongrukmit, Senior Exec. Vice President of Corporate Management and Sustainability Development of The Bangchak Corporation Public Co. Ltd
  3. Dr Eugene Chien, former Minister of Foreign Affairs and former Minister of Environment of Taiwan
  4. Dr Naoki Adachi, Executive Director of Japan Business Initiative for Diversity
  5. Dr Niven Huang of KPMG Sustainability Consulting, Taiwan
  6. Rob Coombs, President and CEO, Interface Asia Pacific
  7. Graham Ross, CEO and Founder from Kusaga Athletic, Australia
  8. Tracy Nilsson, Senior Director of Social Environmental Affairs, Adidas Group

 


ICS – Dr. Supachai Panitchpakdi

The Asia Responsible Entrepreneurship Awards (AREA) honour Asian businesses for championing sustainable and responsible business practices, demonstrating companies’ leadership, sincerity and on-going commitment in incorporating responsible and ethical values, compliance, investment in stakeholders, 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. The awards are presented in six categories:

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

 

 

ASIA RESPONSIBLE ENTREPRENEURSHIP AWARDS 2017 WINNERS LIST

 

RESPONSIBLE BUSINESS LEADERSHIP

  1. Mr Lee Chang-Ken, President of Cathay Financial Holdings Co., Ltd.

 

GREEN LEADERSHIP

  1. Advanced Micro Device (AMD), Inc.25×20 Energy Efficiency Initiative
  2. Better World Green Public Company LimitedIndustrial Waste To Green Energy
  3. Cathay Financial Holdings Co., Ltd.Green Finance Promoting Project
  4. CTBC Financial Holdings Co., Ltd.Green Management on Sustainable Environment
  5. Haycarb PLCHaritha Angara
  6. Hettigoda Industries Pvt. Ltd., – Herbal Garden Program In School
  7. Malaysian Mosaics Sdn Bhd – Innovating Sustainable Water Management in Tile Manufacturing.
  8. Phinma Energy CorporationHELP Earth Environment
  9. Prosperous Capital and Credit LimitedHaritha Lowak (Green World)
  10. Siloso Beach ResortSiloso Beach Resort
  11. Thanh Thanh Cong Group CorporationGreen & Win-Win

 

HEALTH PROMOTION

  1. Apex Circuit (Thailand) Co., LtdSpread Love Via Blood
  2. BDO Foundation Inc. Improving the Delivery of Healthcare Services in the Philippines.
  3. PT Combiphar COMBI HOPE Healthy Living Education
  4. CTBC Financial Holdings Co., Ltd. – Power Walking Tour for Three Generations of Your Family.
  5. Glenmark Pharmaceuticals LimitedGlenmark Foundation’s flagship Child Health Project – Project Kavach.
  6. FrieslandCampina (Hong Kong) LimitedWorld Milk Day 2016
  7. PT Japfa Comfeed Indonesia TbkJAPFA4KIDS
  8. Pacific SOGO Department Stores, Co., Ltd. – SOGO’s “Food and Beverage Safety Network” : Ensuring Consumer’s Food Safety.
  9. Sanyei Corporation, – Supporting JMSS Activity
  10. Taiwan Star Telecom Co., LtdRoll Your Eyes
  11. Toyota Kirloskar Motor Pvt LtdSanitation: A Behavioural Change Demonstration (ABCD)

 

 

SOCIAL EMPOWERMENT

  1. PT Bhimasena Power IndonesiaCommunity Empowerment through Social Mitigation Program
  2. Boon Rawd Brewery Co., Ltd. – 100 Singha Sufficient School
  3. British American Tobacco Bangladesh Company LimitedIPM (Integrated Pest Management) Club
  4. China Mengniu Dairy Co., Ltd.University of Ranchers CSR Project
  5. CJ CGV Vietnam Co., LtdMovie for Everyone
  6. CTBC Financial Holdings Co., Ltd. – Taiwan Dream Project – The Project That Provides Educational and Nutritional Services for Children in Remote Communities.
  7. Dai-ichi Life Insurance Company Of Vietnam, LtdMillion Bricks For A Happy Life
  8. Fubon Life Insurance Co., Ltd.Caring for the Elderly with Dementia
  9. FrieslandCampina (Hong Kong) LimitedNew Generation Milk Tea Master Training Program 2016
  10. FWD Life Insurance Public Company LimitedFWD in Partnership with PWD
  11. Holcim Philippnes Inc.Foster a Child’s Education
  12. Kanrich Finance LimitedKanrich Thaksalawa
  13. Novaland Investment Group CorporationLinking Hearts
  14. Pacific SOGO Department Stores, Co., Ltd.SOGO Children’s Charity Events: Bridging the Gap of our M-Shaped Society.
  15. PT Pembangkitan Jawa BaliPJB Community Academy (Akademi Komunitas PJB)
  16. Phinma Energy CorporationPUNLA Kabuhayan
  17. Puritas Pvt. Ltd.“Going Beyond” Empowering Rural Communities
  18. S&P Syndicate Public Company LimitedKitchen for Kids
  19. Sarawak Energy BerhadSarawak Energy’s CSR Journey for the Penan Community in Murum
  20. Selangor Dredging BerhadOne-Two-Wash – A CSR Initiative by Selangor Dredging Berhad
  21. Sinyi Realty Inc.Corporate Ethics Built on Social Trust
  22. Thoresen Thai Agencies Public Company LimitedDoing Good, Stop Bullying

 

INVESTMENT IN PEOPLE

  1. AirAsia BerhadAirAsia Allstars
  2. AP (Thailand) Public Company LimitedThe Unusual Football Field
  3. ARC Refreshments CorporationARC Young Leaders Camp
  4. Dipped Products PLCFirstLight
  5. IRPC Public Company LimitedIRPC Cubic Academy
  6. MGM China Holdings LimitedUnleashing Greatness – Employee Development and Employee Work-Life Balance.
  7. Novaland Investment Group CorporationNova Leadership Centre (“NLC”)
  8. Plaza Premium GroupPlaza Premium Group CSR Education Programme in Collaboration with The New York Times
  9. Takahata Precision India Pvt Ltd“WOW” – Worthy & Outshining Women (Upliftment of Females in Indian Society with Sustainable Future)
  10. Thai Life Insurance Public Company LimitedYes Club (Young Excellent Society)
  11. Thai Samsung Electronics Co., Ltd.Samsung Smart Learning Center

 

SME CSR

  1. Platinum Group Public Company LimitedThe Platinum Empowering SME’s

Winners for AREA

 

Entrepreneurship

Women on Top in Tech – Daphne Ng, CEO of JEDTrade

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(Women on Top in Tech is a series about Women Founders, CEOs, and Leaders in technology. It aims to amplify and bring to the fore diversity in leadership in technology.)

Daphne Ng is the CEO of JEDTrade, a blockchain technology company focused on trade, supply chain, and financial inclusion projects in ASEAN. She is also the Scretary-General at ACCESS and Exco. of Singapore Fintech Association

What makes you do what you do?
I was introduced to blockchain technology in 2016 after I left my corporate banking career after 10 years. It was my mentor who first got me interested in this technology, which I then went on to delve further into, on its potential applications in the lending and trade finance space – domains where I came from.

How did you rise in the industry you are in?
Being in the space for 2 years and actively involved in the ecosystem, I was able to bring on the projects, network and a good degree of thought leadership in this vertical. Early on in the startup journey, our team faced many challenges. And to me, the key to rising above failures are two essential factors – resilience and support. While resilience is innate, I received a lot of help be it in terms of connections or advice. ‘Nobody succeeds without help’ rings very true for me.

Why did you take on this role/start this startup especially since this is perhaps a stretch or challenge for you (or viewed as one since you are not the usual leadership demographics)?
From the start, I focused on my domain expertise in trade finance and the application construct of how blockchain and DLT can be applied to these use cases. Also, my strategy from the start was to build a technology company made up of 80% tech and engineers, which is also our key competitive advantage today. At the end of the day, deliverables are about strategy and execution, which includes building and leading an ‘A’ team.

Do you have a mentor that you look up to in your industries or did you look for one or how did that work?
I have many mentors, which includes our company advisors (all of whom are well-known in this industry) and mostly informal mentors I meet via my connections, and on various occasions and circumstances. Creating opportunities also means putting myself in the right place, at the right time. And in my case, these were mostly organic and genuine friendships formed from the initial connection.

How did you make a match if you and how did you end up being mentored by him?
To me, a match in values is very important. It also takes humility to ask for help and be willing to listen to advice, which is important in order for mentorships to be successful – be it formal or informal.

Now as a leader how do you spot, develop, keep, grow and support your talent?
I love this question! I am passionate about building strong teams and helping my people grow. I abide by the 3Rs when identifying talents: resourcefulness, resilience and right values. And then I invest in the ‘potential’ and this means giving them room to lead, make decisions and take risks.

Do you consciously or unconsciously support diversity and why?
My support of diverse talents, skillsets and characters can be seen in the make-up of our core team – all helming specific roles and each bringing their own value to the table. We need the sum of all parts to build a great company.

What is your take on what it takes to be a great leader in your industry and as a general rule of thumb?
Great leaders emerge in times of failures and challenges, never abandoning the team, and always putting the team’s interests before her own. And I consciously live by these mottos every day.

Advice for others?
My advice to other entrepreneurs: be resolute and dare to be different. If you are going to follow others, then you will end up on the same path as them. No right or wrong; but I would rather chart my own path. This June, we are officially launching our blockchain project, Jupiter Chain (www.jupiterchain.tech), which have garnered much interest in the industry, even before we made it public. We believe this project is the epitome of marrying innovation with practical implementation, and we want to be the first to truly operationalize blockchain for our ecosystem projects in this region.


If you’d like to get in touch with Daphne Ng, please feel free to reach out to her on LinkedIn: https://www.linkedin.com/in/daphne-ng-%E9%BB%84%E7%91%9E%E7%8E%B2/

To learn more about JEDTrade, please click here.

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Callum Connects

Jace Koh, Founder of U Ventures

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Jace Koh believes cash flow is the lifeblood of your business. Understanding it will enhance your ability to run and manage your business.

What’s your story?
My name is Jace Koh and I am the Founder of U Ventures. I’ve always been inclined towards investment and entrepreneurship. I’ve played a hand in starting businesses across these industries – professional services, cloud integration, software and music. I believe that succeeding in business is tough, but that’s what makes the rewards even sweeter.

What excites you most about your industry?
Everything excites me. These are my beliefs:

  • Why is accounting important?
    The accounting department is the heart. Cash flow is like blood stream, it pumps blood to various parts of the body like cash flow is pumped to various departments and/or functions in a business. It is vital to the life and death of the business.
  • Is accounting boring?
    Accountants are artists too. They paint the numbers the way they want them to be.
  • What makes a good accountant?
    A good accountant can tell you a story about the business by looking at the numbers.
  • Why is budgeting and projection important?
    Accountants are like fortune tellers, they can predict the numbers and if you wish to understand your business and make informed decisions, feel free to speak to our friendly consultants to secure a meeting.

What’s your connection to Asia?
I was born and raised in Singapore, and here’s where I want to be.

Favourite city in Asia for business and why?
Singapore is my favourite city. We have great legal systems in place, good security and people with integrity. Most importantly, we have a government that fosters a good environment for doing business. I recently went for a cultural exchange programme in Hong Kong to learn more about their startups. I found out that the Hong Kong government generally only supports local business owners in terms of grants. They’ve recently been more lenient and changed the eligibility to include all businesses that have at least 50% local shareholding. But comparing that to Singapore, the government only requires a 30% local shareholding to obtain government support. In the early days of starting a business, all the support you can get is precious. It’s great that we have a government that understands that.

What’s the best piece of advice you ever received?
The best time ever to plant a tree was 10 years ago as the tree would have grown so big to provide you with shelter and all. When is the next best time to plant a tree? It is today. Because in 10 years time, the tree would have grown big enough to provide you shelter and all.

Who inspires you?
Jack Ma. His journey to success is one of the most inspiring as it proves that with determination and great foresight, even the poorest can turn their lives around. I personally relate to his story a lot, and this is my favourite quote from him, “If you don’t give up, you still have a chance. Giving up is the greatest failure.”

What have you just learnt recently that blew you away?
I’ve faced multiple rejections throughout my business journey, and recently came across a fact on Jack Ma about how he was once rejected for 32 different jobs. It resonated very deeply and taught me the importance of tenacity, especially during tough times.

If you had your time again, what would you do differently?
Nothing. I live a life with no regrets. Everything I do, regardless of whether it is right or wrong, happy or sad, and regardless of outcome, it’s a lesson with something to take away.

How do you unwind?
I love to pamper myself through retail therapy and going for spas. I also make a conscious effort to take time off work to have a break outside to unwind as well as to uncloud my mind. This moment of reflection from time to time helps me see more clearly on how I can improve myself.

Favourite Asian destination for relaxation? Why?
Taiwan! Good food with no language barriers and the people are great!

Everyone in business should read this book:
I don’t really read books. Mostly, I learn from my daily life and interactions with hundreds of other business owners. To me, people tell the most interesting stories.

Shameless plug for your business:
We’re not just corporate secretaries, we’re “business doctors.”
U Ventures is a Xero certified advisory firm that goes beyond traditional accounting services to provide solutions for your business. You can reach us on our website: http://uventures.com.sg/

How can people connect with you?
Converse to connect. You can reach me via email at [email protected] or alternatively, on LinkedIn here: https://www.linkedin.com/in/jacekoh/

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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