SINGAPORE, 21 November 2022 – UOB and The Business Times have tied up to launch the Sustainability Impact Awards to recognise individuals and corporates in Singapore that demonstrate leadership in sustainability.
The Business Times will partner UOB to organise this inaugural award, with the Centre for Governance and Sustainability (CGS) at the National University of Singapore (NUS) Business School as the knowledge partner.
These will be the country’s first such awards and there will be two categories – Individual and Enterprise. Under Enterprise there will be two sub-categories, one for SMEs and one for large enterprises.
Each category will recognise an Impact Leader and up to five Excellence award winners.
These leaders, among individuals and businesses, have made a significant positive impact on the environment and the community. And they are making a difference with the decisions they take, as well as the way they conduct themselves and their businesses.
The call for nominations and full details of the judging process and criteria will be announced in early 2023.
Ms Chen Huifen, Editor, The Business Times, said, “There is an abundance of sustainability commitments by individuals and businesses in recent news, but what we are looking for are the real McCoys. These awards serve to recognise the efforts and outcomes that make a significant difference to the environment, to communities and to stakeholders, with the hope that the winners can be torch bearers of the sustainability movement and inspire others to make meaningful changes for our future.”
Mr Eric Lim, Chief Sustainability Officer, UOB, said, “With sustainability more important than ever, we are inspired by the many individuals and businesses who have taken the lead to contribute to environmental and societal well-being. Through the Sustainability Impact Awards, we want to celebrate their work and impact. From this, we hope that more will be encouraged to do what it takes to ensure sustainable progress of our communities.”
Professor Lawrence Loh, Director of CGS, said: “The drive for better sustainability must be pursued in a manner that will ultimately bring tangible benefits to the society, community and environment for a better future, and not just for the sake of fulfilling obligation. It is therefore critical for sustainability impact to be rigorously and holistically evaluated in such a manner. CGS is proud to support the Business Times and UOB to continue advancing impact through this award with our extensive and in-depth involvement in sustainability and governance assessment.”
