Steward Management 25 (SL25) 2024 Opens for Utility

SL25 recognises and celebrates the 25 finest initiatives of steward management excellence by for-profit organisations. Previous honourees embody Avtar Group, Final Mile Care Personal Restricted, Marico Restricted, and Tata Consultancy Providers.

SINGAPORE – Media OutReach Newswire – 2 Might 2024 – In an period the place speak of sustainability typically exceeds impactful motion, Singapore’s Stewardship Asia Centre (SAC) and its companions have launched into a mission to highlight companies which are main by instance. The third iteration of Steward Management 25 (SL25) goals to honour initiatives that embody the essence of steward management by merging worthwhile development with options to a few of humanity’s most urgent challenges.

Steward management, characterised by a deep-seated dedication to fostering a brighter future for stakeholders, society, future generations, and the setting, isn’t merely a noble pursuit however a strategic enterprise crucial. It seeks to determine an optimum strategy to development, marrying revenue and goal and attaining prosperity that advantages workers, shareholders, and society alike.

Open to for-profit entities of all sizes and sectors, SL25 welcomes submissions of initiatives which have generated constructive societal and environmental impacts. The appliance ends 15 Might 2024. Final yr’s cohort showcased a various array of initiatives from 14 international locations, led by firms working in sectors starting from monetary providers and transportation to meals and beverage and actual property.

Previous honourees have targeted on serving underprivileged communities. As an illustration, Tata Consultancy Providers has improved digital entry and literacy to youths and seniors, contributing greater than S$40,000 value of laptops and wi-fi connections to underprivileged college students to alleviate COVID-19 challenges, benefitting greater than 150 college students in Singapore.

India’s main client items firm, Marico, underscores the significance of environmental stewardship and generates sustainable livelihoods. Amongst their initiatives is a social worth creation programme, Parachute Kalpavriksha, which equips farmers with scientific and climate-resilient farming strategies to advertise sustainable agriculture whereas enhancing their productiveness and revenue technology alternatives.

SL25 is a collaborative initiative involving SAC, the INSEAD Hoffmann World Institute for Enterprise and Society, WTW, and The Straits Occasions.

For extra data on SL25 and to use for the 2024 cycle, scan the QR code beneath. Functions open now until 15 Might 2024.

Rajeev Peshawaria, CEO of SAC, remarked, “Everyone seems to be speaking about sustainability, but we do not make sufficient progress. We at SAC have discovered champions who’re quietly creating a strong influence on society and the setting by means of their companies. SL25 recognises these champions of steward management.”

The earlier iterations of SL25 have delivered to mild a wide range of impactful initiatives, and the expectation for 2024 is not any completely different. Annisah Smith, Senior Analysis & Engagement Supervisor at SAC, shared, “With the rising adoption of steward management ideas throughout corporates and SMEs within the area, I’m eagerly anticipating the progressive initiatives forward. I’m excited to witness the transformative results these initiatives could have on communities and the broader Asia-Pacific space.”

The highest 25 initiatives shall be showcased on the Steward Management Summit 2024 in Singapore, SAC’s flagship occasion that convenes enterprise leaders, international consultants, and eminent audio system to debate and promote the idea and apply of steward management.

SL25 is proudly supported by the Affiliation of Chartered Licensed Accountants (ACCA), The American Chamber of Commerce in Singapore, Confederation of Indian Trade (CII), Centre for Affect Investing and Practices (CIIP), Household Enterprise Affiliation (Australia & New Zealand), The Household Enterprise Advisors Affiliation Japan (FBAA), Institute of Company Administrators Malaysia (IDCM), Indonesian Institute for Company Directorship (IICD), Singapore Centre for Social Enterprise (raiSE), Singapore Worldwide Chamber of Commerce (SICC) and UN World Compact Community Singapore (GCNS).

Hashtag: #SAC

The issuer is solely accountable for the content material of this announcement.

About Stewardship Asia Centre (SAC)

Stewardship Asia Centre (SAC) is a non-profit organisation devoted to serving to enterprise and authorities leaders, buyers, and people speed up management motion on environmental and social challenges by means of catalytic information and advisory. We’re a part of the Temasek Belief ecosystem with a shared goal of constructing a greater future for each technology. Temasek Belief is the philanthropic arm of Singapore­based mostly international investor Temasek Holdings.