Biz Sch News 01 July 2017

A masterclass on embracing sustainability for companies

Corporate giving takes on a new meaning at the Company of Good Fellowship Programme developed by the National Volunteer and Philanthropy Centre (NVPC) in 2017.

Assoc Prof Lawrence Loh, Director at the Centre for Governance, Institutions and Organisations (CGIO) of NUS Business School was invited by NVPC to teach and share his expertise at the Dialogue and Networking Session hosted by Global Compact Network Singapore (GCNS) on 27 June.

The speakers with the NVPC class of Good Fellows

At the seminar, Prof Loh conducted a masterclass titled: ‘Emerging Challenges for Companies in Sustainability Reporting’.  He provided both broad and comprehensive overview as well as critical focus on the evolution, forms and challenges to what sustainability reporting (SR) means for companies. He also challenged the audience to change their mindsets and embrace SR as the way forward.

A/P Lawrence Loh speaking about sustainability reporting

The masterclass was followed by a panel discussion, ‘Sustainability and Corporate Giving’ with Andrew Buay, Singtel vice-president of group sustainability, Prof Loh of CGIO and Wilson Ang, executive director of Global Compact Network Singapore. Central to the discussion was integration of SR into the company’s business. Increasing stakeholder loyalty and reaching untapped markets, while looking at sustainable practices that reduce long-term costs were also emphasised.

From left: Ms Patsian Low moderating a panel discussion with panellists Mr Wilson Ang, A/P Lawrence Loh and Mr Andrew Buay

This article is contributed by Centre for Governance, Institutions & Organisations (CGIO), NUS Business School