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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

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Singapore Compact for CSR: The CSR Movement in Singapore

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Singapore compact for csr the csr movement in singapore l.jpg

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


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The CSR Movement in Singapore

CSR Overview in Singapore

National Tripartite Initiative

(NTI) on CSR

Singapore Compact for CSR


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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.


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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


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NTI (National Tripartite Initiative) on CSR

  • NTI (National Tripartite Initiative) on CSR was launched in May 2004 as national/tripartite CSR platform

  • functions as national CSR steering committee to formulate coordinated strategy for sustainable and effective programme implementation in Singapore.

  • tripartite partners as key members with representation from various national bodies, including e.g. National Volunteers & Philanthropy Centre (NVPC), Consumers Association of Singapore (CASE), Singapore National Cooperative Federation (SNCF)


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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


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UN Global Compact Singapore Network- Founding Signatories -


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UN Global Compact Singapore Network- Founding Signatories -


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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


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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


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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

    Support UN Global Compact and Make a Difference!


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~ Thank You ! ~


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