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Global Compact Network Singapore Summit 2017 ˙ Better Businesses Together for the Future Economy

Programme

29 Aug, Tuesday
30 Aug, Wednesday

29 Aug, Tuesday

09:00am

Summit Starts

09:05am

Welcome Address

Ms. Goh Swee Chen
President
Global Compact Network Singapore
Chairman
Shell Companies in Singapore
09:15am

Bolder Actions, Better Business

Plenary 1

The Sustainable Development Goals (SDGs) and the Paris Climate Agreement have set the political stage to inspire a sustainable future. This also conveys a clear global agenda to the business community to follow suit.

The SDGs provide businesses with an opportunity to align their strategies for the global good through setting long term goals to do good and do well. Companies can play their part in achieving a better future by adopting the ten UNGC principles on sustainability – encompassing elements of the environment, human rights, labour and anti-corruption – and committing to improve their current policies and practices.

In recent years, new regulations in Singapore have provided stronger incentives for companies to re-examine their business strategies and modus operandi. Such regulations include the SGX “Comply of Explain” Sustainability Reporting requirements and the implementation of a carbon tax.

This panel discussion examines how companies which are prepared to take bold actions are likely to be rewarded with greater business success.

  • What are considered bold actions and how bold actions has lead to better business?
  • What are examples of bold actions and how do we measure them?
  • How do we engage stakeholders to come together for bold actions and create better business?
Panellists
Mr. Andrew Buay
Vice President, Group Sustainability & Talent CoachSingtel
Dr. Anga R Timilsina
Programme ManagerUNDP’s Global Anti-Corruption Initiative
Prof. Annie Koh
Vice President, Office of Business DevelopmentSingapore Management University
Mr. Lawrence Wu
Founder and DirectorSunseap Group
Mr. Takenobu Shiina
Senior General Manager, Sustainability Strategy DepartmentSuntory Holdings
Ms. Yvonne Chan
Chief Financial OfficerThe Maritime and Port Authority of Singapore
10:30am

Tea Break

11:00am

Businesses Growing Together for our Future Economy

Plenary 2

The Committee on the Future Economy outlined seven strategies for Singapore to stay ahead in a challenging global climate, with economic growth anchored on sustainability, adaptability and resilience principles. Some recommendations suggest Singapore invest in innovative energy solutions, push ahead with initiatives for water resilience, and strengthen food security by transforming the local agriculture sector to be more innovative and productive.

In addition, as concerns rise internationally on climate change and environmental sustainability, Singapore can play a pivotal role in promoting corporate sustainability in all “Singapore Inc” companies, and be the epicentre for providing sustainable solutions to the international market. This panel discussion aims to examine the feasibility of “Singapore Inc” companies as a trustmark of corporate sustainability to the global community, and identify the gaps which need to be filled to achieve this.

  • Why is corporate sustainability important for building our Future Economy?
  • What is needed to build up the capacity of enterprises in Singapore to embrace corporate sustainability? 
Panellists
Ms. Goh Swee Chen
President
Global Compact Network Singapore
Chairman
Shell Companies in Singapore
Mr. Grant Kelley
Chief Executive OfficerCity Developments Limited
Mr. Sunny Verghese
Co-Founder & Group Chief Executive OfficerOlam International
Ms. Susan Chong
Founder and CEOGreenpac
11:40am

Address by Guest of Honour

Mr. Chan Chun Sing
Secretary-General
National Trades Union Congress
Minister
Prime Minister’s Office
12:15pm

MOU Signing

12:20pm

Prize Presentation of the CDL-GCNS Young CSR Leaders Award 2017

12:45pm

Lunch

02:00pm

The Art and Science of Corporate Giving

Workshop 1
  • Understanding the diverse types of Corporate Giving
  • Using the 4 "I" approach to build your Corporate Giving Strategy
  • Taking the next steps to create social value for greater impact
Partnering and Co-Presented by
National Volunteer & Philanthropy Centre (NVPC)
Ms. Quek Shiyun
Deputy Director, Corporate GivingNational Volunteer & Philanthropy Centre
Ms. Raman Sidhu
Assistant Director, Philanthropy & PartnershipsNational Volunteer & Philanthropy Centre

Using the SDGs to unlock Social Investing

Workshop 2
  • Using the SDGs to find social investing opportunities in Asia
  • Understanding the Continuum of Capital
  • Learning from Social Funders' cases
Partnering and Co-Presented by
Asian Venture Philanthropy Network (AVPN)
Ms. Anh Nguyen
Knowledge ManagerAsian Venture Philanthropy Network
Ms. Clara Feng
Membership Services ManagerAsian Venture Philanthropy Network
03:15pm

Tea Break

03:45pm

Business and Human Rights in Asia

Plenary 3

Today, an estimated 21 million people around the world are victims of forced labour. Legislation such as the UK Modern Slavery Act 2015 and the U.S. Trade Facilitation and Trade Enforcement Act 2015 were enacted to tackle this global problem. At a global level, the United Nations provided the Guiding Principles on Business and Human Rights.

In Singapore, the government promotes human rights in business and the workplace through legislation like the Workplace Safety and Health Act and other guidelines and regulations.

How are businesses affected by such legislation? What are the implications if businesses fail to respect and address human rights related to the conduct of business? When it comes to understanding ‘human rights’, are there differences in interpretation and application in different parts of the world due to local circumstances? Should there be a difference in interpretation?

This session looks at how businesses manage the application of human rights at the workplace within the Asian regional context, while aligning with global standards.

  • Understanding human rights in business within the context of Singapore and the ASEAN region
  • The business case for respecting human rights: Challenges and opportunities in Asia
  • Initiatives to advance respect for human rights in global supply chains
  • B2B collaboration to drive change
Keynote Speaker
Ambassador Barry Desker
Singapore’s Representative to the ASEAN Intergovernmental Commission on Human Rights (AICHR)Ministry of Foreign Affairs
Panellists
Mr. Antonio Astone
Global Sustainability ManagerDNV GL
Ms. Ines Kaempfer
Executive Director, Centre for Child Rights and Corporate Social ResponsibilitySave the Children
Dr. Lee Hui Mien
Head of SustainabilityIKEA Southeast Asia
Ms. Melanie Yap
Co-FounderA Very Good Company
Ms. Sonia Aplin
Vice President and Head of Marketing & Communications, South East Asia & OceaniaEricsson Telecommunications
05:15pm

Closing Remarks

30 Aug, Wednesday

09:05am

Opening Remarks

09:15am

Sustainable Financing and Responsible Investment in Asia

Plenary 4

Research shows that the business case for sustainability is compelling. In the recent “Better Business, Better World Asia” Report, the SDGs potentially present US$12 trillion worth of business opportunities globally, and US$5 trillion in Asia alone. The question is how can businesses unlock these business opportunities in a sustainable and responsible manner.

The United Nations Principles for Responsible Investment (PRI), an independent world-leading and investor-driven sustainability proponent, has estimated collective commitments of about US$70 trillion worth of assets ready to be put into sustainable businesses. As at August 2017, while more than 1770 signatory companies globally have committed to sustainable investments, less than 10% are in Asia. Does this represent untapped sustainable investment opportunities in Asia, and if so, how can businesses tap into this source of funds?

In April 2017, City Developments issued a S$100 million green bond in Singapore, the first local company to do so. In July 2017, DBS Group Holdings became the first financial institution in Singapore to issue a green bond, raising S$685 million. How do these developments affect the financing of businesses here over the medium term, and will this accelerate the uptake of sustainable financing and investment in Asia?

  • Understanding the ecosystem of sustainable financing in Asia
  • Sustainable financing and responsible investment in Asia: Opportunities and challenges
  • How can we convince enlighten investors to invest in your business?
Panellists
Mr. Augustine Anthuvan
Executive Producer, Current Affairs (Editorial)Channel NewsAsia
Ms. Esther An
Chief Sustainability OfficerCity Developments Limited
Ms. Herry Cho
Director, Head of Sustainable Finance AsiaING Bank
Ms. Laina Greene
Co-FounderAngels of Impact
Mr. Mikkel Bilyk Larsen
Managing Director, Group Head of Tax and Accounting PolicyDBS Bank
10:30am

Tea Break

11:00am

Understanding Sustainability across your Supply Chain: Challenges and Opportunities

Workshop 3
  • Understanding the legal and reputational risks of not knowing your supply chain
  • Exercising due diligence for a responsible supply chain
  • Engaging SME suppliers in their commitment towards sustainability
Partnering and Co-Presented by
Environmental Resources Management
Mr. Nat Vanitchyangkul
Managing PartnerEnvironmental Resources Management

Practical Steps Towards a Responsible Supply Chain

Workshop 4
  • Mapping and analysing suppliers
  • Assessing the risks
  • Designing a fit for purpose responsible supply-chain programme
  • Innovations for a more responsible supply chain
Partnering and Co-Presented by
Elevate and CSR Asia
Dr. Kevin Franklin
Senior Vice PresidentElevate
12:30pm

Lunch

02:00pm

Understanding the Various Reporting frameworks and what works best for you

Workshop 5
  • Understanding the various frameworks (GRI, Integrated Reporting, CDP, GRESB, ISO 26000, RSPO) and what meets the needs
  • Toolkits and templates to get your reporting journey started
Partnering and Co-Presented by
EY
Mr. Sathishkumar Nagarajan
Senior Manager, Climate Change and Sustainability ServicesEY

Next Steps for Sustainability Reporting

Workshop 6
  • Considering a sustainability strategy
  • Seeking external assurance on reports
  • Integrating existing reporting frameworks – Global Reporting Initiative (GRI) and Integrated Reporting (IR).

Notable Singapore companies will be referenced as case study examples as participants brainstorm and apply the techniques to their own companies.

Partnering and Co-Presented by
KPMG
Mr. Khai Boon Tan
PartnerKPMG Singapore
03:15pm

Tea Break

03:45pm

Sustainability, Stewardship and Governance for a Better World

Closing Plenary

A company’s future depends heavily on its leaders. The company’s leaders – the Board and senior management play a pivotal role in championing governance, sustainability and stewardship across the organisation for it to be lasting and enduring. Business leaders must cultivate a culture, values and behaviours that values the future and not the short term.

Thus, how can businesses strike the right balance between regulatory requirements such as quarterly reporting which encourages short term behaviour versus creating long-term value for their stakeholders, as well the communities and societies in which the operate in.

This panel discussion aims to explore the correlations between governance, sustainability and stewardship, and why companies should strive to go beyond regulatory efforts.

  • What are the differences between sustainability, stewardship and governance and how they are interlinked in creating long term value?
  • Why and how should businesses move from just fulfilling the bare minimum mandatory requirements by regulatory bodies, to master of stewards in sustainability?
  • How to convince the leadership team to go beyond shareholder values towards stakeholder value?
Panellists
Ms. Alyson Slater
Director, Knowledge and Emerging MarketsGlobal Reporting Initiative
Assoc Prof. Lawrence Loh
Director, Centre for Governance, Institutions and OrganisationsNUS Business School
Mr. David Kiu
Vice President, Corporate Affairs, Asia, Middle East and AfricaMars Wrigley Confectionery
Dr. David Smith
Head of Corporate GovernanceAberdeen Asset Management Asia Ltd
Mr. Ong Boon Hwee
Chief Executive OfficerStewardship Asia Centre
Ms. Yeo Lian Sim
Special Advisor DiversitySingapore Exchange
05:00pm

Closing Remarks

05:15pm

End of Summit

This programme is updated as of 14 August 2017 and is subjected to changes.