Corporate Social Responsibility _CSR_

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 Corporate Social Responsibility _CSR_ Powered By Docstoc
					Singapore Compact for CSR: The CSR Movement in Singapore

Presentation by:

Mr Thomas Thomas
- Executive Director, Singapore Compact for CSR -Chair, Singapore Mirror Committee for ISO 26000

The CSR Movement in Singapore
 CSR Overview in Singapore
 National Tripartite Initiative

(NTI) on CSR

 Singapore Compact for CSR

CSR Overview in Singapore
• While concept of CSR is relatively new in Singapore,
its spirit and practices have been present in the social, environment and economic fabrics of Singapore

• Good corporate governance and sound legal framework is
a basic for CSR. It enhances trust and relations in society.

• CSR movement has to start from the workplace with key
roles for unions, employers and government.

• The tripartite foundation/way of managing change has
been Singapore’s time-tested approach.

CSR Overview in Singapore
• Core element is the observance of good labour
standards/practices where the labour movement in Singapore has been active.

• CSR is strongly promoted through co-operatives given its
founding history & social mission and co-operatives have a strong market presence

• Government has promoted good CSR practices by:
(a) publicly endorsing CSR efforts; (b) supporting volunteerism & corporate partnership; (c) high importance to environment/anti-pollution standards (d) regulation towards good corporate governance practices

NTI (National Tripartite Initiative) on CSR
• NTI (National Tripartite Initiative) on CSR was
launched in May 2004 as national/tripartite CSR platform formulate coordinated strategy for sustainable and effective programme implementation in Singapore. from various national bodies, including e.g. National Volunteers & Philanthropy Centre (NVPC), Consumers Association of Singapore (CASE), Singapore National Cooperative Federation (SNCF)

• functions as national CSR steering committee to

• tripartite partners as key members with representation

Singapore Compact for CSR
• Launch of Singapore Compact as a multi-stakeholders
national society and UNGC country partner, in bringing forward the movement in Singapore (Jan 05)

• NTUC and SNEF as founder members; currently with about 140
members from corporations, unions, cooperatives, associations and NGOs that have joined to support the initiative.

• Clear constitution and structure for multi-stakeholder leadership
& membership. Annual fee categories to promote participation.

• Launch of the UNGC country network in Singapore by Minister
and UN Asst Sec-Gen, with 13 Founding Signatories from major companies and umbrella bodies in Singapore (Sep 05)

Singapore Compact website - www.csrsingapore.org

UN Global Compact Singapore Network - Founding Signatories -

UN Global Compact Singapore Network - Founding Signatories -

Singapore Compact for CSR
• The Corporate, Institutional and Associate members
benefit from networking events, training, advisory and information services.

• Launch of a CSR Youth Chapter & Tri-varsity Student Essay
Competition in the NUS (University) Campus (Jan 06)

• Inaugural National CSR and Youth Conference held with 500
participants/leaders to share best practices and promote stakeholder engagements (July 06) • Serves as the Singapore Mirror Committee for ISO26000 on Social Responsibility

• Ongoing activities include regular dialogues, seminars and
partnership programmes with stakeholders e.g Distinguished Lecture with Sir Mark, Chairman of UNGC Foundation (Nov 06)

Singapore Compact website - www.csrsingapore.org

Singapore Compact for CSR
• Key Future Workplans will include:
(a) regular newsletters and publications for wider information sharing & exchanges (b) more structured and modular training programmes (c) national CSR award and/or survey to enhance awareness building and recognition (d) sectoral rountable consultations and workgroups to promote stakeholder engagements (e) develop private-people CSR partnership progammes in the community as key desired outcome (f) continue to participate & foster regional dialogues and exchanges e.g regional UNGC Asia conference

Singapore Compact website - www.csrsingapore.org

Conclusion
Key Management challenges from CSR:
• Integrating CSR into company’s core purpose and values • Developing effective partnership with stakeholders • Translating policies into practices - Corporate could be well placed to tackle and
benefit from these issues. - Corporate has tools to change behaviour, engage stakeholders and make reality of slogans

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