Thanks to their CSR initiatives they got the third place under the Edge Billion Ringgit Club Corporate Awards 2014 for CSR initiatives. The multinational company continues to support its IT CSR programs Kampung Tanpa Wayar (KTW) and Pusat Internet Malaysia. With control brands such as ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka and ‘Celcom’ in Malaysia, not to forget the ‘edotco’ which operates across six countries, they hit an impressive RM19.9 billion in 2015. Axiata Group BerhadĪxiata is recognized as the telecommunications titan in Asian countries with 290 million subscribers in 10 countries. This helped in addressing the well-being of kids, protection and child safety. Sime Darby made its name by being the first organization to develop an in-house Child Protection Policy. The latter carries out the firm’s sustainability work in support of the company’s belief in economic and personal growth. The company has launched a subsidiary, Yayasan Sime Darby. Over the years, Sime Darby has established itself in industrial equipment, plantation, energy, motors, and properties stretching to over 25 countries. The company began as a small British firm managing 500 Acres of rubber in 1910. 10 Socially Responsible Malaysian Companies 1. + Replace incandescent light bulbs with energy-saving LED bulbs. + Reduce the negative impact of commuter traffic by permitting remote work. + Making environmentally and socially conscious investments.
+ Distribution of recycling bins throughout the organization These are some way socially responsible companies can help the environment Method powers its production plants using solar and makes its soap as eco-friendly as possible. Their motto is “being tough on the dirt and kind to the planet.” It stays true to its motto in other different ways too. Also, the Cleaning Product Company Method creates sustainable products by using plastics collected from the ocean to package their hand soap and dish. This is why Target committed itself to use ammonia to moderate temperature instead. Hydrofluorocarbons (a chemical coolant commonly used in cold-storage facilities) is one of the leading prevalent greenhouse gases (GHGs) in the atmosphere. Encouraging your employees to participate in CSR activities is a good way of strengthening your corporate citizenship.Ĭhange corporate policies to benefit the environment Giving paid leaves to encourage their employees to grow their community. 50% of the Fortune’s 100 Best Companies are Besides the huge financial gesture, Wells Fargo workers are given two paid off days a year to volunteer a trend that is rapidly growing in organizations. The firm’s humanitarian activities include donating multi-dose vials of its vaccine Prevenar 13 at a discounted rate.įinancial giant Wells Fargo is committed to fulfilling its goal of donating 1.5% of its annual revenue for charitable courses such as NeighborWorks. They provide care for women and children with poor living conditions and raise awareness for non-infectious illnesses. The pharmaceutical company Pfizer writes a list of organizations that give. + Improving labor policies and embrace fair tradeĮngage in charitable giving and volunteer + Engaging in charity and volunteer activities within your community + Adjusting corporate policies for environmental benefits + Decreasing carbon footprints and climate change + Making social and environmental conscious investments. Here are the most common examples of corporate social responsibility: Socially responsible companies are more concern about the impact of their business in society than financial matters. However, brands go past this andpractice exemplary CSR initiatives. Did you note that? It’s pretty important.Ī company cannot too their horns for simply practicing human rights or practicing good environmental practices. When a firm goes above, and beyond the social responsibility expectations of the clients, they are engaging in CSR. If you are just getting started with CSR, this article will help you understand why CSR is just not for the world but your business as well, and later give you ideas of the best CSR activities for your business.īest Corporate Social Responsibility Examples
Click to see the top 10 of Malaysia CSR Stars. Companies that realize that CSR benefits both the company and the community are already doing it. This may come up as a shock to many, but for the firms that understand the benefits of corporate social responsibility, this is merely a challenge.
2019 is, therefore, a good time to launch a CSR program in your business. This is following the orders of the International Trade and Industry Ministry secretary-general Datuk Isham Ishak recently, Bursa Malaysia. Corporate Social Responsibility in Malaysia Made CompulsoryĪll listed companies in Malaysia will have no choice but comply with CSR programs.
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