UNDP supports Corporate Social Responsibility (CSR) Awards in Shanghai
The inaugural 2014 Deloitte China Sustainability Awards, supported by the United Nations Development Programme, were presented to multinational companies on 27 February 2014 in Shanghai. The Awards aim to honour and encourage best practices in sustainability among multinational companies (MNCs) in China and showcase the essence of such practices for a more sustainable future.
"Environmentally and socially sustainable growth models are the future of doing good business. The global citizenship shown by the leading MNCs in China resonates with us as we all act on larger responsibilities to society," said Mr. Patrick Haverman, Deputy Country Director of UNDP China. "Business activities should be more and more inclusive, follow the stakeholder value principle and built upon universal standards".
The 5 award categories (Sustainability Leadership, Sustainability Innovation, Best Environmental Performance, Best Community Investment and the 2014 Theme Award – Water Stewardship) were chosen to highlight and reward multinational companies’ corporate social responsibility (CSR) in China.
UNDP congratulates the Award winners BASF, H&M, Panasonic, Novozymes, Schneider Electric, Coca Cola and Swire Pacific. Their continuing commitment to sustainable business practices in China makes a positive difference every day. UNDP reaffirms the statements by the winning companies, seeing the Award “as an honour and a responsibility to do more.”
During the Award Ceremony several high-level business representatives pointed out the urgency of business embracing the Triple Bottom Line, “People, Planet and Profit”. The central role of environmental sustainability was reiterated when representatives stated “we would need three planets to sustain our current way of doing business – but we only have ONE!”
UNDP encourages companies of all sizes and structures to implement well-developed CSR strategies in their daily business operations from top-management to the working level. The Sustainability Awards supported by UNDP reward companies that lead their industries with an all-around emphasis on sustainability implemented in their value chains and supply chains.
For the same reasons is UNDP promoting the UN Global Compact and encourages Chinese businesses and other institutions to show their commitment to sustainability and become member of this global platform.
It is also a corporate responsibility to respect human rights. Therefore, UNDP seeks to raise the awareness of the Guiding Principles on Business and Human Rights, thereby implementing the United Nations “Protect, Respect and Remedy” framework in China and around the world. The Principles state that businesses should “avoid infringing on the human rights of others and should address adverse human rights impacts with which they are involved”.
Over the last decade, the UN system has steadily increased its engagement with the private sector. Most UN organizations are now involved in a range of partnerships.
The UN brings to these partnerships its unmatched convening power, the universal presence and network of the UN development system, and its depth of intellectual leadership on development. In return, business brings its own networks, expertise, capacity for innovation and implementation, and financial and technical resources.
Applying the strengths of both parties in partnerships for development is very powerful.
Chinese and multinational companies are invited to partner with UNDP China to work towards more sustainable and inclusive business practices. UNDP stands ready to support corporates with its CSR expertise in Energy & Environment, Climate Change, Governance, Public Policies and Disaster Risk Reduction among others.