13 March 2013
The business community within ASEAN is starting to realise that there are opportunities to be seized by embracing sustainability practices. It is becoming more apparent that sustainability considerations have moved beyond philanthropy and ethics. More and more companies are actively pursuing ways to integrate sustainability principles into their businesses.
Companies are slowly beginning to recognise the strategic importance of sustainability in managing future risk. This realisation is vital, as preparing for the future will help companies to not only enhance their brand and reputation but also create new value and revenue opportunities to give them a competitive edge both regionally and globally.
Refer to PwC’s thought leadership recently launched on March 6th 2013. Titled "Going Beyond Philanthropy?" the report is a pulse check on the state of sustainability in the five top developing countries in ASEAN namely Malaysia, Thailand, Vietnam, Indonesia, Philippines. The report contains insights from a survey of 200+ companies, and highlights some interesting perspectives on the maturity of sustainability in the region.
It presents the following 8 key findings from companies surveyed: