HONG KONG, Sept. 29, 2016 /PRNewswire/ -- CSR Asia Summit 2016, the annual thought-inspiring conference on corporate social responsibility in Asia, returned to Hong Kong on 28th and 29th September at Kowloon Shangri-La, Hong Kong with a focus on bold and effective sustainability leadership.
Gathering over 70 influential speakers and 480 VIPs and guests, the Summit successfully created a forum for representatives from businesses, government, academic organisations and the community to share and connect. The event took existing sustainability dialogue to a new level, and involved discussion on innovative Shared Value practices in Asia Pacific. Key advocates and attendees included H&M, Hermès EOS, Huawei, Kering Asia Pacific, MTR Corporation, Sime Darby Berhad, The Coca-Cola Company and VISA.
The Summit also announced the top performing companies in the 2016 Channel NewsAsia Sustainability Ranking. The Ranking provides investors and consumers with insights into corporate sustainability practices, and sets a benchmark for business performance against other regional businesses. The top 3 companies in the Ranking for 2016 are:
A breakdown of the top 100 companies by country/region reveals; Japan (33), Taiwan (20), India (16) and South Korea (13). Regulatory oversight of corporate sustainability disclosures is the likely reason for companies in these countries to take leading positions. Companies in the technology sector captured the largest proportion of positions (38 of 100) in the Ranking.
CSR Asia Summit 2016: Innovative sustainability leadership on shared value creation
The 4 main themes, "Strategic Value Creation", "Business Leadership for Sustainable Development ", "The Good, the Bad and the Ugly" and "Make it Happen", were covered over the 2-day summit. Under the stream "Strategic Value Creation" business leaders and professionals explored how to lead society to co-create shared value through sustainable business strategies in order to address global complex challenges and develop corporate social innovation.
Dr Richard Welford, Chairman and Founder of CSR Asia said, "Bold and effective leadership - from business, government and individuals - is required to drive the sustainability agenda forward in Asia Pacific. Our decision to host the CSR Asia Summit once again in Hong Kong, reflects our view that the city is an ideal hub for advancing this agenda."
"In order to grow awareness and create initiatives which nurture sustainability leaders, we also need to shape the future landscape across the region. Factors which will play a crucial role in this include intensive training on shared value creation, organisational culture cultivation, innovation roadmap development, community investment measurements and identifying opportunities for corporate social responsibility."
The region remains optimistic towards its rapid economic growth and the resulting opportunities, enabling an integration of social needs into business planning and processes. In the long run, more and more companies will allocate sufficient resources to sustainability business reporting and talent retention, hoping to identify risks and opportunities and transforming them into continuous business profits and social benefits.
For more information on CSR Asia Summit 2016, visit
http://www.csr-asia.com/summit2016/index.html
For more information on The Channel NewsAsia Sustainability Ranking, visit http://sustainability-ranking.channelnewsasia.com/
For more information on CSR Asia, visit http://www.csr-asia.com/
Follow CSR Asia on Twitter: @CSR_Asia
Follow CSR Asia on Linkedin: https://www.linkedin.com/company/482974
About CSR Asia Summit
CSR Asia Summit is an annual leading conference on corporate social responsibility in Asia. Since 2007, CSR Asia has brought together hundreds of sustainability professionals and thought leaders to discuss cutting edge issues and share their experiences.
The two-day event combines a packed programme of speakers and panel discussions covering a wide range of relevant topics, and also provides excellent networking opportunities. CSR Asia also runs an additional day of optional capacity building courses prior to the Summit.
The CSR Asia Summit is attended and supported by many leading global companies, NGOs and academia. In addition, the event is held at a different location in Asia each year to provide local companies and organisations with a platform to build awareness of the challenges and opportunities specific to their country.
About the Channel NewsAsia Sustainability Ranking
The ranking, now in its third year, is a joint initiative between Channel NewsAsia, CSR Asia and Sustainalytics, and identifies and celebrates regional leaders in corporate sustainability. The ranking lists the Top 100 sustainable companies in Asia and highlights the Top 20 Asian companies, as well as the Top 3 companies in each economy. Territories covered in the 2016 ranking include mainland China, Hong Kong, India, Indonesia,Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. The 2016 rankings were launched at the annual CSR Asia Summit on 28th September 2016 at Kowloon Shangri-La, Hong Kong.
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