ACES Awards

Showcasing Asia's finest responsible corporate leaders

A nation's growth, sustainability, and pride begins with you! Once every year, we search, honor, and celebrate the best of best individuals and companies across all of Asia! Industry titans, corporate heroes, advocates of planet and people: if we have not turned every brick to find you, lead us for we believe there are winners amongst us all. This 2019, September, Bangkok Thailand; an occasion to remember.

Filtering by Tag: ACES 2015

Mining firm earns recognition for CSR

Business Mirror, Philippines
By Ernesto Hilario, 9 February 2016

How important is a corporate social responsibility (CSR) program for a company?

For Philex Mining Corp., it is an integral part of good governance. That’s the reason it has gained respect and recognition as the face of responsible mining in the country.

In November last year Philex was hailed as the top publicly listed company (PLC) in corporate governance among 263 participants in the local bourse during the first Asean Corporate Governance Scorecard Awards held in the country. Philex was also among the top 50 PLCs in the Asean region in the field.

Philex was, likewise, named as one of the top 5 firms in corporate governance in the highly prestigious Fourth Annual Philippines Stock Exchange Bell Awards held in the same month.



In the area of sustainability, Philex bested other local and regional companies by being named as one of the top 5 CSR companies in Asia during the Asia Corporate Excellence & Sustainability (Aces) Awards night held in Singapore.


The Aces Awards are handed out to companies that have carried out significant CSR campaigns, or implemented policies and structures that generate returns going beyond financial gain.

While these accolades do not directly contribute to the bottom
line, investors appreciate and
reward companies that demonstrate strong corporate governance and CSR platforms.

Recently, Philex’s share price slowly climbed from P3.91 per share at the end of January to P4.68 per share as of February 4 and has, in fact, outperformed the Philippine Stock Exchange index, which has fallen by 1 percent during the same period.

Gold prices in the world market have rallied to around $1,155 per ounce from $1,128 per ounce.

While a correlation between gold prices and Philex’s share price performances can be surmised, it is an incontrovertible fact that sound corporate-governance practices and an effective CSR program—two characteristics that are deeply embedded in and imprinted in the company’s DNA—serve to enhance the value of an organization.


Untapped potential

Philex’s successful CSR programs are taking place amid the decline in the Philippine mining industry. The country has $1.4 trillion worth of untapped mineral reserves, including gold, copper and nickel, according to industry estimates. The Philippines produced metals worth a record $3.1 billion in 2014, when it was the world’s top nickel producer, contributing more than 18 percent of global supply. But mining contributed just 0.7 percent to the GDP in 2013, as compared, for instance, to 8.3 percent for South Africa during the same period. This was attributed to complicated application procedures and intense anti-mining sentiment among indigenous peoples claimingancestral domain.

Under the Aquino administration, the contribution of the
mining industry to economic growth has not substantially improved because of a moratorium on new mining permits in 2012. It is now open to lifting the moratorium, but it also wants to levy higher taxes on newly approved mines and on mines whose permits would be renewed. Under the new tax system, the government’s share of revenue over the lifetime of a mine would increase to between 64 percent and 72 percent, from 59 percent.

In other words, this would really make mining uncompetitive as it would deter new mining firms from coming in, and would drive those already operating here out of business.

Well Deserved

The Philippine Star
By Mary Ann LL. Reyes on 14 February 2016

According to business news, the local bourse rallied last week, with the Philippine Stock Exchange index (PSEi) gaining 25.95 points or 0.39 percent last Thursday with value turnover amounting to P4.83 billion.

Among the gainers was Philex Mining, whose share price rose 10.63 percent to P5.93 per share last Feb. 11. This was a third higher than the P3.75 per share recorded last Jan. 21.

In fact, Philex even outperformed the PSE index during the same period.

According to experts, Philex’ robust performance in the stock market is doubly remarkable, considering that it is taking place amidst the continued slump in the global mining market and theuncertainties brought about by a lobby in Congress to impose even higher taxes on miners.

Last January, the Mines and Geosciences Bureau (MGB) reported that the value of the country’s metal output fell 20 percent last year to P85.78 billion from P107.24 billion in 2014.

Although experts note that the rise in Philex share prices can be partly due to the increase in gold prices, they also acknowledge the fact that sound corporate governance practices and an excellent corporate social responsibility (CSR) program are crucial to enhancing the market value of any corporate organization.

Business ( Article MRec ), pagematch: 1, sectionmatch: 1

Analysts are saying that Philex’ strong performance at the PSE best illustrates that investors put a premium on good governance and exemplary CSR.

As a staunch disciple of good corporate governance and holistic CSR practices, Philex has long established itself as the poster boy of responsible mining in the country.

Its feats have been recognized here and abroad, having won eight international and domestic awards for good governance and CSR since 2014 alone.

 Philex chairman Manuel V. Pangilinan, in his message to the mining company’s stockholders, emphasized that the firm has performed well “despite the continued decline in metal prices and the prevailing challenges facing the mining industry. Since 2012, prices of gold and copper have fallen by 22 percent and 25 percent, respectively.”

Pangilinan, who also chairs Philex parent Metro Pacific Investments Corp. (MPIC), said that Philex also undertook to strengthen its commitment to sound corporate governance practices, not only to align with the best practices across the globe but more importantly, to create a stronger, fully-compliant and world-class organization.

He said that the international and local recognition that Philex has been reaping are “a vote of confidence in our efforts and will inspire us further.”

Pangilinan stressed Philex’ commitment to be the face of responsible mining and to serve as the beacon for the industry by widening its corporate social responsibilities, beyond mere compliance with regulatory conditions.

Philex’ top official revealed that their investments on Social Development and Management Program, Community Development Program and Environment Protection and Enhancement Program will always remain an integral part of Philex’ capital expenditure as the company continues to prioritize helping the communities and environment around the areas it operates in.

Last November, Philex was named the top publicly listed company among 263 participants in the local bourse in terms of corporate governance during the maiden Asean Corporate Governance Scorecard Awards held in the country. Philex was also among the top 50 PLCs in the ASEAN region in the field.

 Philex was also chosen as one of the top five companies in terms of corporate governance at the 4th Annual Philippine Stock Exchange Bell Awards.

In the area of sustainability, Philex was hailed as one of the top five Corporate Social Responsibility (CSR) companies in Asia during the Asia Corporate Excellence & Sustainability Awards (ACES) in Singapore. 

The ACES awards pay tribute to companies that have carried out significant CSR campaigns or that have implemented policies and structures that generate returns that go beyond financial gain.

Moreover, Philex was recognizedas the best company in terms of the way it is managed through its system of rules, practices, and processes.

It clinched the “Security Bank Corporate Governance Company of the Year” award granted by the Asia CEO Awards, which came on the heels of Philex’ recognition as among the “Most Promising Companies on Corporate Governance, an award granted by the Corporate Governance Asia, the region’s most authoritative journal on corporate governance, at formal ceremonies held in October in Hong Kong.

Philex has also bagged the “Gold Award” granted by The Asset’s Corporate Awards in Hong Kong, for the quality of its financial performance, corporate governance, social responsibility, environmental responsibility, and investor relations.

Also last year, Philex was named as one of the Philippines’ top companies for its social and environmental projects, in the Best Corporate Social Responsibility (CSR) category based on polls conducted by the Hong Kong-based FinanceAsia magazine.

Philex also won the Philippine Quill Awards for Best in Publications under the division of Communication Skills Award of Excellence, for its 2013 annual report titled “Progression,” during last year’s annual conference of the International Association of Business Communications (IABC).

Philex Mining president and CEO Eulalio Austin said the company has proven anew that “we are advocates of responsible mining. Because of this, it would motivate the other mining companies that despite the environmental attacks to the mining industry, good corporate governance can be of great help to soften the issue.”

For his part, Philex Mining chief finance officer (CFO) Danny Yu said one of the biggest influences came from being a member of the MVP group of companies, which is a staunch supporter of sound corporate governance and that “determination and political will are two very important ingredients for implementing changes which we think are key to our success.

Mike Toledo, Philex Mining’s senior vice president for public and regulatory affairs and head of the MVP Group media bureau, said the accolades won by the company for its good governance and holistic CSR practices make it clear that, “responsible mining is possible in the Philippines, and that to say otherwise flies in the face of the realities on the ground.”

Philex has obtained from TUVRheinland, a technical services provider headquartered in Germany, its certification for Integrated Management System (IMS), an affirmation of the company’s successful programs on environmental protection and work safety.

MPIC’s Hongkong-based parent First Pacific Co. and its subsidiaries in the Philippines also won 16 awards from Corporate Governance Asia in Hongkong, including the Best CEO in Investor Relations for chairman Manny Pangilinan.

Aside from Philex, the other awardees during the Marriot Hotel event include MPIC president Jose Maria Lim and Meralco CEO Oscar Reyes. First Pacific, MPIC, Meralco and Philippine Long Distance Telephone Co. (PLDT) also garnered awards for Best IR companies.

In 2014, First Pacific and MVP led four of the group’s businesses (MPIC, Philex, Meralco and PLDT) in winning eight awards for good governance granted from Corporate Governance Asia.

Philex has also joined some of its sister companies in winning the Quill Awards, among them MPIC, Meralco, PLDT, Maynilad Water Services Inc., Smart Communications Inc., The Philippine STAR and TV5 Network Inc.

Banking on sustainability - TMB Bank

Bangkok Post
3 February 2016

Under TMB's 'FAI-FAH In-A-Box' project, its local employees unite communities and help them stand on their own feet

TMB Bank recently won the Asia Corporate Excellence and Sustainability Awards (Aces), hosted by the MORS Group in Singapore, under the category Top Community Care Awards, making it Thailand's only company to win such an accolade.

The award the financial institution took home recognises its main CSR activity "FAI-FAH In-A-Box" where the bank gets in touch with communities its branches have a presence in.

Piloted in 2014, FAI-FAH In-A-Box is a project through which TMB dispatches voluntary employees from its own particular branches to interact with the communities they are nestled in for three months so that they can contribute something based on the community's needs. The project kicked off with four branches in Bangkok in 2014 and 18 more were added onto the list across the country in 2015. Last year's project began in May.

Some highlighted communities have included the Keha Chumchon Rangsit community, in which the bank helped improve the quality of the canal in the national housing community; in Klong Yai Jiew community in Bang Pu, Samut Prakan, where the bank gave a lively facelift to the cemented walls located by the sea and provided knowledge on eco-tourism to residents; and in the community of South Sathon, where the bank helped develop a cultural tour called "The Journey" and trained local children in the community to be tour guides.

"I believe that giving something back that is sustainable is the most important thing," said Choompoonoot Pathomporn, TMB's executive vice-president of Branch Banking. "If it's giving money or something temporarily convenient, it is either very short-lived or enough for us to make news out of it for some time, at least. But at the end of the day, money runs out. We want sustainability and that ultimately translates into giving these people what they really need."

The idea of sustainability, however, is not only highlighted in this project but has also been present in other CSR projects by TMB. The original "FAI FAH" project, where the bank built all-inclusive learning centres in Bangkok and is the project that the FAI-FAH In-A-Box sprang from, has also brought sustainability and commitment to the fore. The first learning centre was completed in 2010 and was followed by another two in 2012 and one in 2015.

The four centres teach art and life skills for youths aged between 12 and 19 who come from high-need backgrounds, serving as a place where they can have the opportunity to pursue interests that are normally inaccessible to them, such as music, sports or cooking.

As the FAI-FAH In-A-Box project came to an end, the bank has also been constantly following up to see whether there are any setbacks with what they have left behind. One group that seems to be thriving after the intervention of TMB is Ratchasub, an 11 rai neighbourhood in Bang Sue. 

Despite being packed with more than 600 residents from 172 households, the community now has a dynamic business that brings everyone together and keeps them united. Residents are busy running the communal business that sells mushrooms, which was started in 2011. At first, they struggled with finding interested customers and a market for the mushrooms, yet things turned when the bank gave them a new mushroom growing facility and equipped them with know-how.

"At first, they asked us what we wanted," said Rujirat Haravee, president of Ratchasub community. "Then upon finding out that we had our mushroom business, they came up with an idea and asked whether we wanted to have a new mushroom house. We said of course. After that, they also asked us if they could later take us to study how to make the most use of mushrooms at a FAI-FAH learning centre as the produce coming from the new facility would be a lot."

Rujirat tagged along with around 20 of her neighbours from the community to one of the FAI-FAH centres. They spent three months learning how to turn mushroom into chips, drinks and curry puffs with the youth at the centre. Logos, packages, business plans and channels to sell their products were also thought up for them by participating employees from the branch that were in charge of the community in the project. 

"TMB wanted us to be able to stand on our own feet," Rujirat said. "They didn't have to sit down and feed us. We were given a chance to do something ourselves that we could be proud of."

Plans for the project for the third-year are underway, with TMB hoping to work with 37 communities this year. The project is set to launch late this month.

"One thing that makes me feel good when going to a community is when we make them feel proud of that community," Choompoonoot said. "Actually, we don't do much at all. We just let them know that their community is good. And with our presence there, it sometimes makes them realise something else. They come to the conclusion that if we can help them, then why can't they help each other. This results in them trying to take it further, which, of course, goes back to our goal of sustainability." 

Manila Water honored as Asian CSR leader

The Market Monitor, Philippines
By Luis Leoncio on 27 December 2015

Water-service concessionaire Manila Water was recently recognized as one of the top corporate social responsibility (CSR) advocates in Asia by the Asia Corporate Excellence and Sustainability Awards (Aces), a regional award-giving body that values and recognizes services and achievements of national and international small-scale and large-scale businesses for their significant contributions in the communities and the world. 

The recognition is bestowed on companies that lead various CSR initiatives integrated into its policies and operations with high-level participation of employees and top management involvement in these programs.

Aces recognizes successful companies and individuals in Asia across two main domains: leadership and corporate social responsibility.

Through Aces, companies and their leaders share a platform to take pride in their excellence while learning, building connections, and exchanging new ideas to showcase Asia’s best practices for sustainable growth.

Among the sustainability initiatives of Ayala-led Manila Water included Tubig Para sa Barangay (Water for the Com-munity Program); “Lingap” pro-gram (Water Provision for Public Service Institutions); the Manila Water University, an in-house school for harnessing and max-imizing the company’s human capital; Kabuhayan Para sa Ba-rangay (Livelihood for the Com-munity Program); and the Suki Vendor (Preferred Vendor) pro- gram. Manila Water was likewise recognized for its environmental programs focused on used water, watershed management, environmental partnerships and climate change mitigation and adaptation programs.

“Manila Water’s perfect alignment between our environmental, social and economic goals puts the company in a distinct advantage to advocate and propagate CSR programs as these are already embedded in our daily operations. These provide us the opportunity to do good things for the society and the environment. All we need is to continue to perform our jobs well to ensure that the benefits redound to our customers and the environment,” Manila Water Group Director for Corporate Operations Geodino Carpio said.

Manila Water was also featured in Beacons of Asia, a compilation of influential business leaders and sustainability advocates in Asia, which emerged as the best entries from the Aces Awards.

Samsung là doanh nghiệp trách nhiệm xã hội hàng đầu châu Á

Media Online Vietnam
19 November 2015

(STS:20.11.2015) Tại lễ trao giải thưởng Doanh nghiệp châu Á Xuất sắc và Bền vững (ACES, The Asia Corporate Excellence & Sustainability Awards) năm 2015 vừa được tổ chức tại Singapore, Công ty Điện tử Samsung (khu vực Đông Nam Á và châu Đại dương) đã được trao giải thưởng Doanh nghiệp Trách nhiệm Xã hội hàng đầu châu Á (Top Community Care Awards) vì những đóng góp cho xã hội. ACES là chương trình giải thưởng thường niên do Tập đoàn MORS Group tổ chức để đề cao vai trò lãnh đạo và tính bền vững của các công ty đang hoạt động ở châu Á.

Bà Irene Ng, Phó Tổng giám đốc Truyền thông của Samsung Điện tử khu vực Đông Nam Á và châu Đại Dương, chia sẻ: “Giải thưởng này là minh chứng cho những nỗ lực hết mình vì cộng đồng mà Samsung liên tục thực hiện tại các địa phương nơi chúng tôi hoạt động. Samsung cam kết sẽ ứng dụng công nghệ để mang lại thay đổi tích cực và tạo cơ hội cho mọi người ở mọi nơi, đặc biệt là những ứng dụng công nghệ để giải quyết khó khăn trong lĩnh vực giáo dục, tạo công ăn việc làm và chăm sóc sức khỏe.”

Cũng theo bà Irene Ng,  một trong những lĩnh vực then chốt mà Samsung tập trung đầu tư trong hoạt động trách nhiệm xã hội là giáo dục. Bà cho biết: “Chúng tôi mong muốn mang đến tương lai tốt đẹp hơn cho các bạn trẻ kém may mắn thông qua việc tạo ra những không gian học tập chất lượng cùng cơ hội tiếp cận công nghệ hiện đại cho họ. Với bề dày kinh nghiệm chuyên môn và thành tựu phát kiến công nghệ, chúng tôi đã tài trợ hơn 170 trường học và thư viện thông minh, cùng các học viện kỹ thuật số trong toàn khu vực. Thông qua các chương trình này, chúng tôi hy vọng góp phần rút ngắn khoảng cách giáo dục và kỹ thuật số, trang bị cho các bạn trẻ những kỹ năng cần thiết để tìm kiếm công việc trong thời đại bùng nổ kỹ thuật số ngày nay.”



Trong khu vực Đông Nam Á và châu Đại Dương, Samsung đến nay đã hỗ trợ 165 trường học và thư viện thông minh tại 9 quốc gia và vùng lãnh thổ: New Zealand, Úc, Singapore, Malaysia, Đài Loan, Thái Lan, Indonesia, Philippines và Việt Nam. Phối hợp cùng nhiều cơ quan chính phủ, các tổ chức phi chính phủ (NGO) tại địa phương và các viện giáo dục, Samsung đã thành lập thành công nhiều “lớp học và thư viện thông minh” được trang bị các thiết bị công nghệ cao như máy tính bảng và tivi thông minh, tạo môi trường học tập mang tính tương tác cao, thiết kế lại các chương trình học với nội dung phong phú, đa dạng về mặt thông tin và sinh động hơn về hình thức thể hiện.

Với mục đích mang lại nhiều cơ hội cho giới trẻ và giải quyết tình trạng thiếu hụt nhân sự giỏi ngành kỹ thuật, Samsung đã thành lập các học viện công nghệ – nơi các bạn trẻ được trang bị kiến thức cơ bản nhưng chuyên biệt về IT và kỹ năng kỹ thuật. Trong khu vực Đông Nam Á, Samsung đã hỗ trợ 14 học viện công nghệ tại 7 quốc gia: Malaysia, Singapore, Lào, Cambodia, Myanmar, Philippines và Indonesia. Tại các học viện này, các bạn trẻ được tham dự các khóa đào tạo tốt nhất hiện nay, chương trình được thiết kế với nhiều bài học kỹ thuật ứng dụng thực tiễn giúp trang bị những kỹ năng cơ bản và chuyên sâu đảm bảo cho lực lượng lao động chất lượng cao sau này.


Ngoài lĩnh vực giáo dục, Samsung còn thực hiện nhiều dự án chăm sóc sức khoẻ trong khu vực Đông Nam Á nhằm hỗ trợ các cộng đồng còn thiếu hụt công nghệ y tế và đội ngũ nhân viên chuyên nghiệp dẫn đến nguy cơ cao về tỷ lệ tử vong ở trẻ sơ sinh và thai phụ. Tại các trường học Samsung SONO ở Việt Nam, Malaysia, Indonesia, Thái Lan và Phillipines, Samsung phối hợp chặt chẽ với các bệnh viện và cơ sở y tế để cung cấp trang thiết bị bao gồm hệ thống máy siêu âm, thiết bị giáo dục, bảng điện tử và màn hình định dạng cỡ lớn (LFD). Đồng thời, Samsung còn phối hợp với các tổ chức y tế địa phương cùng thiết kế chương trình đào tạo hoàn chỉnh và tổ chức các khóa học cho các chuyên viên y tế trong nhiều lĩnh vực như siêu âm chẩn đoán, siêu âm sản khoa và phụ khoa. Bà Irene Ng nhấn mạnh: “Với mục tiêu không ngừng phát triển mạnh mẽ hơn nữa trong nhiều lĩnh vực kinh doanh mới bao gồm chăm sóc sức khoẻ, thiết bị đeo tay, công nghệ sinh học, giáo dục, Internet của vạn vật (Internet of things) và hệ thống nhà thông minh trong thời gian tới, với tư cách một công dân toàn cầu có trách nhiệm cao, Samsung cam kết sẽ tiếp tục thực hiện liên tục và mạnh mẽ các dự án liên quan nhằm mang lại nhiều thay đổi tích cực trong cộng đồng nơi chúng tôi có hoạt động kinh doanh.”


(Theo thông tin do Samsung cung cấp)




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