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Recognising Firms as Drivers For Change
SINGAPORE – Media OutReach – 4 Could 2023 – Manufacturers For Good, a Singapore-based non-profit organisation based in 2017, is proud to announce the 5th version of the Manufacturers For Good Awards for 2022/2023. On the forefront of selling companies that embrace “goodness” and that make initiating optimistic change part of their DNA and tradition. Every year Manufacturers For Good units an award theme to advertise the totally different underlying themes of “doing good in enterprise” (given in Appendix A). This 12 months’s awards search to recognise purpose-driven corporations.
By recognising the very important function that companies play in society, for financial improvement, in addition to being individuals builders, Manufacturers For Good was set as much as assist companies remodel into leaders of optimistic change, and to advertise the thought of ‘activist entrepreneurship’. In keeping with Manufacturers For Good, activist entrepreneurship refers back to the strategy taken by enterprise house owners and entrepreneurs who actively have interaction in social, environmental, or political causes whereas operating their companies. This idea combines the standard facets of entrepreneurship with a give attention to activism to create a extra acutely aware, accountable, and values-based strategy to enterprise. Activist entrepreneurs prioritise utilizing their companies as a platform to help causes they care about, whereas additionally making certain moral practices, worker welfare, neighborhood engagement, and transparency. For the reason that founding of Manufacturers For Good, the organisation has helped greater than 250 corporations to bear inner transformations for social good.
In immediately’s enterprise panorama, shoppers and even workers, will think about shopping for from or becoming a member of corporations and types that place significance on social affect past monetary success. Thus, atop profitability, Manufacturers For Good awardees are additionally judged on extra matrices reminiscent of social affect, accountability and transparency. This 12 months, Manufacturers For Good judges can be looking out for readability of mission and objective. Manufacturers For Good believes that purpose-driven corporations that prioritise social accountability and sustainability won’t solely in a position to meet the expectations of shoppers, but additionally to create long-term worth for his or her stakeholders. The annual awards isn’t just a celebration of achievements by exemplary corporations, but additionally a name to motion for different companies to observe their lead. By emphasising the significance of objective and social accountability, the Manufacturers For Good Awards additionally recognises companies which can be main the best way in creating a greater future for all of us.
Manufacturers For Good nominees bear a strict evaluate of their submissions by a panel of famend consultants. Every class options judges with particular expertise within the class, and who’ve a deep understanding of the challenges and alternatives the manufacturers face in immediately’s market – to qualify companies which can be actually exemplary of their discipline.
Award classes embody:
Enterprise For Good: This class recognises companies which have efficiently applied differentiated enterprise fashions and/or revolutionary inner processes to attain not solely financial but additionally social and environmental targets.
Capital For Good: This class celebrates funding funds (together with enterprise capitals and household workplaces) which can be producing good return on funding from their profitable choice and funding in corporations that obtain not solely financial but additionally social and environmental targets.
Management For Good: This class acknowledges purpose-driven manufacturers, corporations and/or people which have proven trade and moral management in the direction of assembly affect targets and social change.
Know-how For Good: This class spotlights and awards manufacturers for the invention or innovation of expertise that addresses social and/or environmental challenges and seize market alternatives.
Manufacturers For Good Awards Ceremony 2022/2023
This 12 months’s ceremony can be held on on 4 Could 2023, from 9am to 1pm at Marina Bay Sands (Hibiscus Room). Minister Edwin Tong, Minister for Tradition, Neighborhood and Youth and Second Minister for Regulation would be the Visitor-Of-Honour at this 12 months’s award ceremony.
The ceremony will recognise 36 corporations from over 100 nominations and expects 500 enterprise leaders to attend. There may also be a panel dialogue on “Trying Forward: The Way forward for Doing Good“, discussing whether or not new expertise reminiscent of synthetic intelligence platforms like ChatGPT might help companies do good.
Manufacturers For Good Pledge Problem
In March 2023, Manufacturers For Good launched the “Manufacturers For Good Pledge Problem”, searching for to amass pledges from greater than 1,000 corporations, that can pledge to uphold the ethos of being an honourable model, that can uphold the stewardship of doing what is correct, and what’s good for the neighborhood, for individuals, for the setting, when conducting their enterprise. The organisation is proud to boast an lively neighborhood of like-minded enterprise house owners who proceed to uphold a totally new customary to doing good.
Thus far, greater than 250 pledges have been obtained and these corporations can be invited formalise their pledges on the ceremony in a Pledge Taking Session on the Manufacturers For Good Awards Ceremony 2022/2023.
For extra particulars on the Manufacturers For Good Awards or to appoint corporations for 2024/2025, go to www.brandsforgood.asia/bfg2024-nominate. Nominations for subsequent 12 months’s version can be open on 5 Could 2023.
Hashtag: #BrandsForGood #SustainableSolutions #SocialResponsibility #EcoFriendly #ConsciousConsumption #EthicalProduction #CommunityEngagement #EnvironmentalImpact #PositiveChange #PurposeDriven #BetterFuture #GoodBusiness
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The issuer is solely accountable for the content material of this announcement.
About Manufacturers For Good
In 2017, Manufacturers For Good began as an thought amongst 3 people. It was based shortly thereafter by 4 founding companions – IPOS Society, Worldwide IP Commercialisation Council, Singapore, CEO Asia Pte Ltd and Maybank – to recognise companies whose enterprise innovation not solely make a distinction but additionally create optimistic affect on Surroundings, Social and Governance (ESG). As we speak, Manufacturers for Good Restricted, is a non-profit organisation devoted to award companies for his or her exemplary enterprise mannequin in embodying the ideas of Social Accountability as integral to their enterprise. Going-forward, we hope this recognition will honour SMEs throughout Asia and encourage many extra to do the identical.
For extra particulars, go to 
www.brandsforgood.asia.
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