Singapore, 19 May 2021 - Salcon Berhad (“Salcon”), an investment holding company with core investments in water and wastewater engineering & construction has been conferred Asia’s Best Sustainability Report (within Annual Report) - Bronze at the 2020 Asia Sustainability Reporting Awards, the most prestigious international awards for corporate sustainability reporting in the region. The award ceremony was hosted online due to the COVID-19 pandemic.
“We are honoured to receive this recognition for the fifth consecutive year. Sustainability is an integral part of our company’s strategy and a journey of continuous improvements. We appreciate working collaboratively with our partners and stakeholders which are equally committed to embark on this sustainability journey with us. We will continue to drive our sustainable business strategy and enhance our sustainability reporting standard whilst ensuring sustainable value creation for our shareholders, says Ms. Chern Meng Gaik, General Manager - Corporate of Salcon Bhd.
“This recognition reinforces our commitment to continue to manage and nurture a sustainable and profitable business which contributes positively to the communities and sustains the environment where we operate in. Our aim is to walk the talk towards our vision of transforming lives for the better,” she added.
An independent panel of judges reviewed 494 entries received from 17 countries across 19 award categories. After the preliminary evaluations, 102 companies from 14 countries made it to the finals. Intensely contested finals produced 40 winners grabbing 57 gold, silver and bronze medals and a Report of the Year award.
Broadcast live, the virtual awards ceremony was attended by more than 250 senior business leaders and sustainability practitioners from 20 countries. Attendees also included dignitaries from academia, embassies, trade associations and advocacy organisations.
ASRA follows a rigorous multi-tier evaluation process. An independent judging panel determines finalists and winners. Evaluation involves three rounds of assessment to select the very best in each award category. In addition to assessing the report quality, comprehensive due diligence considers companies' reputation among their stakeholders as part of the judging process.
Ms. Chern Meng Gaik received the award on behalf of Salcon Berhad. The awards were presented by Elaine Cohen, Managing Director of Beyond Business.
“We have been putting a lot of efforts and taking meticulous steps in communicating our performance by constantly benchmarking our sustainability efforts against global reporting frameworks and local guidelines. This allows us to meet the sustainability reporting expectations and provide us a basis for development of performance measures, “said Ms. Chern.
The awards ceremony began with the opening address by the Guests of Honour H.E. Ms Kara Owen, the British High Commissioner to Singapore, and H.E. Mr Niclas Kvarnström, the Swedish Ambassador in Singapore. The awards ceremony also featured a string of rapid-fire sessions with ASRA judges
"Salcon's report shows exceptional leadership in transparent reporting of its sustainability performance and reflects its readiness for a resilient future," Rajesh Chhabara, managing director of CSRWorks International and the founder of ASRA, said.
CSRWorks International, a Singapore-based firm focussed on sustainability consulting, training and thought leadership, has created non-profit Asia Sustainability Reporting Awards to inspire all companies to adopt sustainability reporting.