THE GLOBAL CSR AWARDS 2021™ & THE GLOBAL GOOD GOVERNANCE AWARDS™
The Global CSR Awards 2021™ and The Global Good Governance Awards 2021™ is Asia’s Most Prestigious Recognition Awards programme for Corporate Social Responsibility and Corporate Governance. The programme recognizes and honors companies for outstanding, innovative and world-class products, services, projects and programmes implemented in the past or present. These projects should demonstrate the company’s leadership, sincerity and on-going commitment in incorporating ethical values, compliance with legal requirements, and respect for individuals, communities and the environment in the way they do business. The Award categories for this year are:
- Best Environmental Excellence Award
- Best Community Programme Award
- Excellence In Provision Of Literacy & Education Award
- Empowerment of Women Award
- Best Workplace Practices
- CSR Leadership Award
- Product Excellence Award
GLOBAL GOOD GOVERNANCE AWARDS CATEGORY
- Best CEO
- Best CFO
- Best Corporate Communications & Investor Relations Team
- Best Governed & Transparent Company
GLOBAL CSR CATEGORIES
Best Environmental Excellence Award
The company that has successfully implemented a major project or programme in areas such as: Energy Efficiency, Extended Product Responsibility, Green Product Design, Waste Reduction, Sustainable Business Practices and Water Conservation. The company that has integrated environmental performance into its sustainable development strategy and has delivered proven business benefits.
Best Community Programme Award
The company that has successfully implemented a community project that has resulted in poverty alienation, better education, business growth or community engagement. Does the company believe in creating educational opportunities for those who don’t have them or helping individuals to escape from poverty? How well does the company back up its beliefs and commitment to the community? How sustainable is the project or programme?
Empowerment of Women Award
This award will be given to individuals or companies that have implemented programs committed to women’s empowerment and welfare with immediate or long term positive effects in terms of gender equality, economic improvements and cultural biases.
CSR Leadership Award
This award will be given to an individual or organization who has contributed to the promotion of all aspects of Corporate Social Responsibility, including the environment, sustainability, community partnerships, education and poverty alienation to name but a few.
Excellence In Provision Of Literacy & Education Award
This award will be given to the company that has implemented a project designed specifically toward large scale literacy and education improvements among children and adults with sustainable and long term benefits.
Best Workplace Practices
This category includes employee ownership plans. The company will have policies and programmes in place that show the respect they have for their employees and how much they value them. How far has the company gone to take care of its employees? Dependence care, layoffs, health provisions and employee training are some of the areas that will be looked at. Privacy at work, improving quality of life at work, fostering lifelong learning and the implementation of employee ownership plans are also examples of good practice.
Product Excellence Award
This award will be given to companies that has created products that have brought alive positive impact to societies while contributing positively to the organizer’s bottom line.
GLOBAL GOOD GOVERNANCE CATEGORIES
The CEO is the face of the company to all the employees, shareholders and stakeholders. The CEO should be in principle, a separate person persons, to ensure an appropriate balance of power, increased accountability and greater capacity of the Board for independent decision making. Much is dependent on the CEO’s capability, management skills and discretion to lead the company.
The award for Best CEO goes to a person who represents the makings of an effective Board leader:
- Performance orientated
Significant results is achieved by the CEO during his term through deliberate strategies and processes implemented while upholding high standards of corporate governance.
- Leadership Qualities
Ensure effective communications with shareholders and staff with the vision to build a sustainable organization. Ability to inspire and led the organisation in good and bad times.
- Talent Management Strategies
Aligning individual goals with corporate strategy, linking advancement and succession processes, nurturing talent and creativity
- Corporate Social Responsibility
Shows strong commitment in word and in deed to the practice of CSR and Sustainability in the company (community outreach programmes, positive environmental practices, volunteerism, good workplace practices)
Today, the role of the chief financial officer (CFO) is under greater scrutiny both internally and externally. CFOs face never ending pressure to cut costs, grow revenue, and ensure control. The CFO is a company’s financial leader and it is often his/her mandate to figure out the company’s funding requirements.
- Financial Disclosure, Transparency and Good Corporate Governance
A leading driver and exemplary figure in advocating and implementing organizational accountability and transparency. Sets and maintains high standards of disclosure and financial reporting.
- Excellence in Financial Performance and Capital Adequacy
Strong track record in achieving strong financial performance while ensuring sufficient capital adequacy. Demonstrated consistency in performance including innovativeness and astuteness in financial markets instruments and vehicles while ensuring effective compliance and transparency to financial reporting, regulatory developments and capital requirements.
Best Corporate Communications & Investor Relations Team
There are times that the corporate communications team is entrusted with the daunting task of coordinating sound and timely corporate messages in response to situations that affect the interest of the company.
This award recognizes the best corporate communications team that helps the company achieve its goal in communicating with investors, the media, stakeholders and the communities they operate in.
- Communication & Investor Relations Skills
- Effective, timely and accurate communication and dissemination of information to stakeholders, media and the community.
- Effectiveness in dealing with crisis situations through a well planned and executed strategy.
- New and innovative initiatives to enhance company’s communication to stakeholders.
- Able to achieve and sustain positive brand and corporate image to investors and consumers through specific strategies.
Best Governed & Transparent Company
This award recognises companies who are exceptional in many important corporate performance indicators, corporate governance, transparency and risk management. The Board and management takes a broad view across multiple indicators both in financial and non financial aspects resulting in robust economic performance both in good and bad times. The company practices a culture of openness and transparency across all levels of the organisation and practices a high degree of ethics in the marketplace.
The Award Ceremony will take place during the summit on 5 March 2020. Hundreds of senior executives and professionals of corporate social responsibility from government, business and civil society from the region, and the media will be present.
There will be an in-depth search and selection process for the awards comprising the generation of entries, initial screening, comments by advisors and final judging.
The Judging Panel
The judging panel is made up of internationally recognized and respected judges from a variety of industry sectors and disciplines. The panel has been carefully selected to ensure a fair and objective selection process.
The judges are bound by a strict confidentiality agreement and are required to declare any conflict of interest in entries over which they deliberate. They will be asked to step aside should this scenario arise.
Companies from all over the region are encouraged to nominate themselves and enter their favorite projects or programmes. There is no limit to the number of entries per company.
Regional and international organizations, including NGOs, advertising agencies, management consultants and suppliers of products and services are also invited to nominate companies in the Award categories for specific projects, programmes and services that showcase their CSR commitment.