Image Source: The Star
Article by Celine Ng | August 28, 2024
The Business Council for Sustainable Development (BCSD) Malaysia is pleased to express our wholehearted support for the Star Media ESG Positive Impact Awards (ESG PIA) this year. This prestigious event plays a vital role in acknowledging and celebrating the outstanding contributions of organisations dedicated to sustainability. Recognizing the winners not only honors their remarkable achievements but also serves as an inspiration to others, encouraging continued commitment to sustainable development.
This year’s ESG Positive Impact Awards, organized by Star Media Group (SMG) with OCBC Bank (Malaysia) Berhad as the main sponsor and Ernst & Young as the advisor and auditor, was a remarkable success. Held on August 21, the ESG PIA gala night celebrated 64 exemplary companies for their steadfast dedication to Environmental, Social, and Governance (ESG) principles, recognizing their efforts to integrate sustainability and societal welfare into their core business strategies.
Partnerships
BCSD Malaysia values our strong partnership with the ESG PIA, which we have proudly supported as a working partner since the inaugural awards in 2022. We are committed to continuing this fruitful collaboration in the years to come. Since our establishment in August 2020 as a Global Network Partner and the Malaysian chapter of the World Business Council for Sustainable Development (WBCSD), we have been dedicated to accelerating the transition towards a sustainable future. Our partnership with the ESG PIA aligns with our shared goals and values, particularly our commitment to promoting Environmental, Social, and Governance (ESG) principles.
We are particularly proud of the contributions made by our directors, Stefanie Braukamann, and Roberto Benetello, who are the ESG PIA program judges this year. Their expertise and commitment have been significant in identifying and honoring the outstanding achievements of organizations within the sustainability sector.
Future Commitment
As we look to the future, BCSD Malaysia remains determined to support sustainable practices and foster positive change in alignment with ESG principles. We will continue to leverage our internal expertise, our strong affiliation with the WBCSD, and our robust relationships with global partners to provide tailored training, programs, and expertise to Malaysian companies and organisations. We recognize the imperative of integrating ESG factors into corporate governance practices, as it not only enhances shareholder value and mitigates risks but also positions organisations as responsible stewards of a sustainable future. Our dedication to advancing the integration of ESG principles into business and investment processes will remain unwavering, especially as we navigate the challenges and opportunities presented by the evolving global landscape.
Inspiration
To the winners of the ESG PIA, we offer our heartfelt congratulations. Your dedication to sustainability and the remarkable impact of your initiatives are truly inspiring. You have set a high standard for what can be achieved through innovation, commitment, and collaboration. Your success serves as a beacon of hope and a source of motivation for all who strive to create a better, more sustainable world. As you continue your journey, we encourage you to keep pushing the boundaries, sharing your knowledge, and leading by example. Together, we can build a future that prioritises sustainability, inclusivity, and resilience. Your presence today is a crucial step toward understanding and advancing the sustainability and ESG agenda. By the time these initiatives become more entrenched and integral to business practices, we will be well-prepared and positioned to lead the way.
A Call to Action for Authentic Impact
Looking ahead, business associations must remain vigilant against the risk of becoming platforms that inadvertently contribute to greenwashing. Instead, we must serve as catalysts for tangible and impactful projects on the ground. At BCSD Malaysia, we are committed to actively engaging in and leading transformative initiatives, from training local authorities and government bodies to supporting the development of sustainable urban infrastructures. Our strategic focus will be on intercepting key projects and securing the necessary funding to not only participate but also to lead these efforts. This direction will enhance our relevance and efficacy in driving the sustainability transition, ensuring that our actions lead to real, positive change in our communities and beyond. By steadfastly adhering to these principles, we will continue to foster an ESG culture that prioritises authenticity, integrity, and measurable impact.
More information: https://staresgawards.com.my/