Image Source: Forbes
Globally, investors, consumers and potential employees have been growing more aware of the need for sustainable development.
This is mainly because, in order for a business to be successful in this context, strong growths and profit margins are no longer enough, sustainable principles also have to be embedded into business models. “Demonstrating the social and environmental responsibility of a company is becoming increasingly important for investors and consumers alike – and companies that don’t feature should be asking themselves if this may affect their competitive advantage,” Richard Welford, chairman of CSR Asia, commented.
Encouraging firms to prioritize sustainable development through their practices, Channel NewsAsia and its partners, CSR Asia and Sustainalytics today announced it snew sustainability ranking, listing out the top-performing Asian companies in terms of corporate sustainability performance.
Top 3 companies in each country are as follows:
Singapore
- City Developments Limited
- CapitaLand Limited
- Keppel Land Ltd.
Malaysia:
- Digi.com Bhd
- Bursa Malaysia Bhd
- Malayan Banking Bhd
Hong Kong
- Swire Properties Limited
- Lenovo Group Ltd.
- MTR Corporation Limited
China:
- Trina Solar Limited
- China Vanke Co. Ltd.
- BOE Technology Group Co. Ltd.
India:
- Wipro Ltd.
- Tech Mahindra Limited
- Tata Consultancy Services Limited
Indonesia:
- Unilever Indonesia Tbk PT
- PT Vale Indonesia Tbk
- PT Bukit Asam (Persero) Tbk
Japan:
- NEC Corp.
- Anritsu Corp.
- Kao Corp.
Philippines:
- Ayala Land, Inc.
- Energy Development Corporation
- Petron Corp.
South Korea:
- S-Oil Corp.
- LG Innotek Co., Ltd.
- Daewoo Engineering & Construction Co., Ltd
Taiwan:
- United Microelectronics Corporation
- Lite-On Technology Corp.
- Taiwan Semiconductor Manufacturing Co. Ltd.
Thailand:
- Thai Oil Public Co Ltd.
- IRPC Public Company Limited
- Siam Cement Public Co. Ltd.