ASIA CORPORATE EXCELLENCE&SUSTAINABILITY AWARDS 2024 HONORS LEADERS IN SUSTAINABILITY INNOVATION

Award winners unite to drive environmental stewardship, social responsibility, and corporate governance excellence.

BANGKOK,Nov. 18, 2024/PRNewswire/ -- Some oftheAsia'sleading changemakers in sustainable development were recognized at the Asia Corporate Excellence and Sustainability Awards (ACES) ceremonylast week.  The ceremony honoredthose using creativity and innovation to advance a more sustainable, equitable and peaceful world.

Marking its 11^thedition this year, the ACES awards was for the first time held for two days:November 14^th to honor sustainability award winners andNovember 15^th to dedicate toleadership award winners.

"The awards celebrated organisations acrossAsiathat exemplify outstanding corporate leadership and sustainability practices, shining a spotlight on those spearheading the journey toward a sustainable future.

"The Sustainability Award Winners of this year's ACES Awards represent a diverse array of industries, unified by their unwavering dedication to environmental stewardship, social responsibility, and corporate governance excellence. Sustainability is not merely a goal; it is the bedrock of progress. The ACES Awards honour those who lead with vision and responsibility, demonstrating that business success and environmental stewardship go hand-in-hand,"said Shanggari B, CEO of MORS Group, President of the ACES Awards, and ACES Council.

Organized by the MORS Group in collaboration with their strategic partners, ACES 2024 received an overwhelming number of 682 nominations from the melting pot of Asian businesses vying for a mention at the Awards. The submissions were from 41 industries spanning across 17 countries, which was a testimony to the positive reach of the ACES.

Reflecting on the significance of the ACES Awards and the remarkable achievements of this year's winners,Hemant Batra, Honorary Chairman of the ACES Awards, shared:

"The ACES Awards stand as a powerful testament to the transformative impact of purposeful leadership. This evening, we celebrate individuals and organisations who exemplify integrity, sustainability, and an unwavering commitment to driving lasting change. Their leadership inspires us all to aim higher and redefine the benchmarks of excellence in business and beyond."

After an expansive, thorough, and unbiased review process, there emerged 250 finalists across 31 categories fromMalaysia,Thailand,Hong Kong,Indonesia,Brunei,Cambodia,Philippines,Singapore,Taiwan,Vietnam,Sri Lanka,MaldivesandNepal.

A total of 34 sustainability award winners were honored on Day One of the ACES awards ceremony.

Topping the list of winners wasthe Philippines, with prestigious companies like San Miguel Global Power and Development Bank ofthe Philippinesclinching the Green Initiative Award, Coca-Cola Beverages Philippines, Inc. and GCash taking home the Top Sustainability Advocates in Asia Award, Energy Development Corporation withAsia'sGreen Company of The Year Award, iSupport WorldWide and Nickel Asia Corporation clinching the Inspiring Workplaces in Asia Award.

Wining the Top Sustainability Advocates in Asia Award was Danone Specialized Nutrition Sea whilst Cypark Resources Berhad won the Green Initiative Award, both fromMalaysia.

Hong Kong'sHenderson Land Development Company Limited was honored the Top Green Companies in Asia Award whileSingapore'sComAp S.E. Asia Pte. Ltd. won the Green Initiative Award.

Through the ACES Awards, companies and leaders unite to not only showcase their sustainability achievements but also to engage in knowledge sharing, build valuable networks, and explore forward-thinking ideas that promote sustainable growth throughoutAsia.

This effort was exemplified in the ACES Sustainability Summit which was held earlier in the day onNovember 14^th.

In welcoming the delegates who were also ACES awards winners to the summit, Aubrens Managing Partner DrJayanthi Desansaid the summit was aimed at unpacking several key sustainability tools to optimize ESG efforts and ultimately create value for organizations.

"I look forward to working together with everyone to firstly, identify key ESG topics and issues, how to unpack regulatory requirements with stakeholders needs,"she said.

Dr Jayanthi who delved into the topic of Sustainable Value Mapping at the summit also said they will drive deeper as an organization in terms of risk mapping and opportunity assessment.

"And this is where the notion of sustainability value mapping really comes across because it is really talking about impact points across an entire organization because ESG needs to be embedded beyond selected data and disclosure.

"It needs to be actionable. It needs to show strategic advantage,"said Dr Jayanthi who brings over two decades of expertise as a seasoned ESG advisor.

Delegates to the summit will be able to obtain a strategic evaluation where ESG stands for their organizations.

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SOURCE MORS Group