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Asian Tribune is published by World Institute For Asian Studies|Powered by WIAS Vol. 12 No. 2642

Fourth Annual "Ten Best Corporate Citizens Award 2007"

By Quintus Perera - Asian Tribune

Colombo, 06 August, (Asiantribune.com): The Ceylon Chamber of Commerce in their continuing effort to promote Corporate Social Responsibility (CSR) within the business community announced ‘Ten Best Corporate Citizens Awards 2007’ and it would be one of the Main events in the CCC annual events agenda. Awards for the winners would take place on 29 November 2007. This was announced by Prema Cooray, CEO, CCC at a Press Conference held at CCC.

This will be an opportunity for the corporate community to prove the dictum “Excellence in business is about more than profit for shareholders. It is about serving a variety of stakeholders”

In a bid to further improve and to encourage more participation, this year the main awards to the top three Corporates will be given to two categories viz. Group Companies, Multinational Companies and Corporates in the Financial Sector and ‘Single Entity companies’.

The areas covered are: Infrastructure (building hospitals, roads, schools, houses etc); Education and Training; Projects to assist the Differently-abled; Health & Nutrition programmes (programmes to combat HIV Aids, Malaria etc);p Disaster Relief (Tsunami projects, flood relief, drought relief etc); Sports and Recreation facilities; empowering of Women and Other projects (support for senior citizens, orphanages, poverty alleviation etc).

The main objectives of the Awards will be to raise awareness on the importance of CSR to the business community and to promote and encourage CSR practices among the corporate sector. The CSR awards will be a measure of the rankings of the services of a corporate entity to its stakeholders – customers, shareholders, employees, environment and the community.

The awards for the Ten Best Corporate Citizens will rate the different companies in the areas of environment, community relations, employee relations, customer relations and economic performance. The applicants should provide information on all five categories to be eligible for the awards.

An independent evaluation panel and panel of judges will evaluate all applications as per a predetermined marking scheme. The Chamber Secretariat will assist in the collection, evaluation and processing of data.

The decisions of the valuation panel and the judges will be final and binding upon all contestants.

- Asian Tribune -

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