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CSR & SUSTAINABILITY BUSINESS CONFERENCE<br />

Datuk Shahrir Samad presenting a memento to Siemens Malaysia CEO Tan Sri Rainer Althoff for<br />

sponsoring the conference.<br />

Minister of Domestic Trade and Consumer Affairs Datuk Shahrir Samad with ASLI Director Puan Sri Susan<br />

Cheah and Dato Dr. Michael Yeoh.<br />

Puan Sri Susan Cheah presenting a memento to Datuk Peter Chin Minister of Plantation Industry and<br />

Commodities.<br />

Businesses today around the world, as well as their stakeholders, are becoming<br />

increasingly aware of the need for socially responsible behaviour especially in addressing<br />

the greenhouse gas emissions and climate change. Business community’s adoption of<br />

CSR practices is in step with the global trend towards <strong>more</strong> responsible and responsive<br />

corporate behaviour. Companies now clearly have come to view that climate change<br />

mitigation as the most important social and environmental issue confronting our global<br />

community. A sustainable environment is essential for achieving and sustaining economic<br />

growth, poverty eradication, and human development.<br />

Equipped with the apt and timely theme “Accelerating CSR Practices beyond Boundaries”,<br />

ASLI was privileged to organize the CSR & Sustainability Business Conference on<br />

October 23, 2008 at the Crowne Plaza Mutiara Kuala Lumpur. The conference was<br />

officiated by Dato’ Shahrir Abdul Samad, Minister of Domestic Trade & Consumer Affairs<br />

and Datuk Peter Chin Fah Kui delivered the Special Luncheon Address.<br />

In his Opening Keynote Address, - Dato’ Shahrir Samad stated that as we are faced<br />

with the increased pressure from internal and external stakeholders, <strong>more</strong> organizations<br />

are measuring and reporting on their social and environmental performance as well as<br />

the usual financial reporting measures. He added that the worldwide growth of socially<br />

responsible investment funds, investment rating systems such as the Dow Jones<br />

Sustainability Index and investment policy disclosure requirements have put pressures<br />

on companies to make these non-financial disclosures. Dato’ Shahrir also added that it<br />

has become increasingly clear that businesses, governments and citizens all have an<br />

interconnected stake in the health and well-being of the planet as well as its people.<br />

Sustainability necessarily involves many interconnected issues, from the acquisition and<br />

use of energy to fuel productive economies, to the impact of economic growth on local<br />

and regional environments and living conditions, to access to clean and abundant water<br />

and other natural resources. These issues, together with questions about how best to<br />

build healthy economies that can equally support burgeoning populations in high-growth<br />

regions, as well as aging populations in others, are all part of the dialogue on sustainability.<br />

Thus, as he concluded, CSR and sustainability have become increasingly intertwined.<br />

Datuk Shahrir Samad with sponsors of the Conference.<br />

In his Special Luncheon Address on “Sustainable Business for Sustainable Development”,<br />

Datuk Peter Chin stressed that corporate social responsibility is part of the wider<br />

sustainable development strategy, which emphasises the long-term economic growth,<br />

social cohesion and environmental protection. Sustainable development is becoming<br />

ever <strong>more</strong> important for companies, both in their business activities and in their activities<br />

as corporate citizens. Acting sustainably ensures a competitive advantage. He added that<br />

due to the increased importance of this fact, CSR or CR (corporate responsibility) should<br />

be a core part of a company’s business culture and feature in planning, implementation,<br />

staff policy and day-to-day decisions. He concluded that we need to ensure that in times<br />

of global financial crisis, we do not sway from the commitment we have pledged in social<br />

accountability. Globalization in itself has created new opportunities for enterprises. It has<br />

also increased their organizational complexity and the increasing extension of business<br />

activities has led to new responsibilities. In order for us to remain competitive, it would be<br />

in good faith to abide by both internationally and locally accepted standards of CSR.<br />

Among the distinguished role-players who spoke at the conference were Tan Sri<br />

Rainer Althoff, President / CEO of Siemens Malaysia Sdn. Bhd; Y.A. Dato’ Ranita<br />

Hussein, President of Advisory Council of Jurists, Asia Pacific Forum; Julian Wynter,<br />

Chief Executive Officer / Managing Director of Standard Chartered Bank Malaysia<br />

Berhad; Rasila Hamzah, Managing Director of Russ Consulting Sdn. Bhd; Gurmit Singh<br />

K.S., Chairman, Centre for Environment of Technology & Development (CETDEM);<br />

Ralph Dixon, Director of Environmental Investments of YTL Corporation Bhd; Surin<br />

Suksuwan, Technical Officer - Peninsular Malaysia of the WWF-Malaysia; Rajan<br />

Moses, Managing Director, of Ogilvy Public Relations Worldwide Kuala Lumpur; Datuk<br />

Vinod B. Sekhar, Founder / President & Group Chief Executive of The Petra Group;<br />

Dato’ Ghazali Dato’ Yusoff, Executive Chairman of Nusantara Technologies Sdn Bhd;<br />

Adelina Iskandar, General Manager - Customer Services Division of SYABAS; Prof Dr<br />

Adeeba Kamarulzaman, President, Malaysian AIDS Council & Head, Infectious Disease<br />

Unit of UM Medical Centre (UMMC); Dr Geoffrey Williams, Managing Director of OWW<br />

Consulting Sdn. Bhd; Jeff Zweig, Chief Guru - Southeast Asia of the Web Guru Asia and<br />

Gaurav Rai, Hotel Manager of the Crowne Plaza Mutiara Kuala Lumpur.<br />

The CEO Roundtable with Mr. Julian Wynter CEO Standard Chartered Bank, Tan Sri Rainer Althoff CEO<br />

Siemens, Dato Ranita Hussein President Asia Pacific Advisory Council of Jurists and Mr. Andrew Chan<br />

Executive Director PricewaterhouseCoopers<br />

19<br />

Dato Shahrir Samad having a word with Mr. Thai of Hans Siedel Foundation and Mr. Julian Wynter CEO<br />

Standard Chartered Bank.

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