Follow us on Twitter Find us on Facebook

YTL CORPORATION

YTL SUSTAINABILITY

UTILITIES
YTL POWER INT.

CONSTRUCTION
YTL CONSTRUCTION

MANUFACTURING
YTL CEMENT

PROPERTY DEVELOPMENT
YTL LAND & DEV.

REIT
YTL HOSPITALITY REIT
STARHILL GLOBAL REIT

TECHNOLOGY
YTL E-SOLUTIONS

COMMUNICATIONS
YTL COMMS.
YTL BROADBAND

EDUCATION
YTL FOUNDATION
FROGASIA
FROG EDUCATION LIMITED

TRANSPORTATION
EXPRESS RAIL LINK

CARBON CONSULTING
YTL-SV CARBON

ENTERTAINMENT
KL PAC

RESTAURANTS
LOT 10 HUTONG
FEAST VILLAGE
SHOOK! SHANGHAI

SHOPPING
L0T 10 SHOPPING CENTRE
STARHILL GALLERY
WISMA ATRIA
NGEE ANN CITY
RENHE SPRING ZONGBEI
DAVID JONES

HOTELS & RESORTS
YTL HOTELS

ADVOCACY PROJECTS
YTL CCW
EARTH HOUR

REWARDS
YTL PLATINUM PLUS


Companies praised for green initiatives

   

The Business Times, July 29, 2009

By BRANDON CHEW

COMPANIES from a range of industries were lauded for innovative, sustainable and green initiatives at the third annual Singapore Green Summit (SGS) yesterday.

Leading the pack in terms of awards won was energy group Power- Seraya.

Organised by the Association of Chartered Certified Accountants (ACCA) and the Singapore Environment Council (SEC), the summit featured three award categories.

PowerSeraya clinched two awards - for best sustainability report and best first-time report at SGS - and a B+ from the Global Reporting Initiative (GRI), the global standard for sustainability reporting. This is the highest level obtained by a local company so far.

Such achievements augur well for sustainability reporting here. KPMG Singapore's joint head of advisory services Tan Wah Yeow said 'few Asian companies have taken up sustainability reporting', especially in Singapore.

In contrast, 80 per cent of companies worldwide included corporate social responsibility (CSR) in their reporting in 2008, according to a KPMG survey.

Mr Tan said companies that adopt GRI guidelines 'pave the way for greater confidence in their business conduct and ethics, and, in turn, their long-term shareholder value'.

ACCA's Singapore country head Penelope Phoon echoed this sentiment. 'In the future, accountants will likely be involved in the preparation of information on companies' carbon emissions and in auditing these disclosures,' she said.

In support of this, the ACCA released the second edition of its Sustainability Reporting Handbook at SGS. The handbook guides organisations through the reporting process based on the GRI's framework.

Other SGS award recipients hail from many sectors.

Packaging supplier Greenpac's Revolutionary Systems-Concept Packaging - nail-free, collapsible wooden packaging - won it the SEC-Senoko Power Green Innovation award.

SMRT and building materials supplier Holcim Singapore won Top Achiever honours in the Singapore Environmental Achievement Awards category.

SMRT won for its approach to promoting environmental sustainability, cutting water consumption and carbon emissions.

Holcim won for developing five concrete products with a significantly lower carbon footprint than other products, as well as for its other initiatives.

Other winners included the Keppel Club and pharmaceutical giant Pfizer Asia-Pacific.

PowerSeraya chief executive John Ng said the awards validate the company's commitment to CSR.

'CSR is not about winning an award. What the company is doing in the long term is more important,' he said.

 





Back
  29 March 2017
8:55:18 AM
Opening of YTL's new Thermae Bath Spa  
 
  23 March 2017
11:24:04 PM
CIMB ties up with Alipay to offer cashless payments to Chinese travellers here  
 
  24 March 2017
12:35:32 PM
Lot 10 Celebrates Earth Hour  
 
  16 March 2017
10:15:31 PM
YTL Power International Increases Stake In APCO to 45%
Attarat Power Company (APCO) Announces Financial Close For The USD 2.1 Billion Oil Shale Power Project in Jordan
 
 
  15 March 2017
12:33:11 PM
Rosmah Brings Cheer To The Less Fortunate At Chinese New Year Luncheon  
 
  6 March 2017
4:40:40 PM
Relive the exploits of a WWII British commando with this race  
 
  23 February 2017
5:49:08 PM
YTL Corp Records Half-Year Revenue of RM7.1 Billion (US$1.6 Billion) & Profit of RM572 Million (US$129 Million)  
 
  20 February 2017
2:27:34 PM
YTL's Hotel Stripes Celebrates Grand Opening With Street Party For The Neighbourhood
YTL Hotels launches second Autograph Collection Hotel in Malaysia
 
 
  17 February 2017
6:49:13 PM
First Washoku Experience in M'sia at Lot 10's The Table  
 
  13 February 2017
10:19:10 AM
This Ritz-Carlton KL Manager Shares What It Was Like To Host Obama  
 
 
 

Contact Us | Newsletter | Career | Privacy Policy
Twitter | Facebook
 
Terms, Conditions and Disclaimers
Copyright © 2001 - 2017 All rights reserved.
Powered by YTL e-Solutions Bhd.