SDGs in Play: #1 No Poverty - View from UNGC | AmCham Malaysia on EventBank

Dear Subscriber,

SDGs IN PLAY: #1 NO POVERTY

Businesses not only meet the needs of communities with purchasing power but create more of them. They can create decent sustainable jobs, foster economic activity through their supply chains, and contribute tax revenues for basic services and infrastructure.

This role of businesses is becoming more important as we move towards the 2030 Agenda of eradicating poverty according to SDG 1, and as the task becomes increasingly monumental. The pace of poverty reduction is decelerating, with a “nowcast” of 8.6% in 2018.

MAKING IT HAPPEN

AMCHAM Members share their actions to contribute towards this SDG.

Knight Frank Day of Giving 2019

Knight Frank Malaysia has held its “Day of Giving” on 17 August (Saturday) at Dewan Taman Dusun Bandar, Kuala Lumpur. In conjunction with the Day of Giving, the company celebrated its annual Family Day together with the children from Yayasan Chow Kit. Hosted by the Sports and Social Club, staff from KFM HQ and site offices were invited to the event.

Deleum’s We Care We Share Program

Deleum’s Corporate Social Responsibility initiative recognises the importance of reaching out and supporting the community where we operate. On 28 November 2019, a group of Deleum’s volunteers spent their morning at the Pusat Transit Gelandangan Kuala Lumpur (Homeless Transit Centre). The day started with volunteers sprucing up the centre through activities such as cleaning and tidying the common areas as well as repainting the grills.

COMMITTING TO SDG #1, CONSIDER THESE:

1. Intentionality

Is your company committed to supporting the achievement of Goal 1? Have you developed a holistic strategy that reflects this commitment, covering end-to-end operation and the wider community?
Are you committed to learning from your actions and do you have processes in place to improve them accordingly?
Is your strategy supported by the highest levels of management, including the Board of Directors?

2. Ambition

Do your actions achieve long-term outcomes that greatly exceed those resulting from current industry practice?
Are your actions aligned with what is needed to achieve Goal 1?

3. Consistency

Is support for Goal 1 embedded across all organizational functions?
Are staff and board incentives aligned with achieving Goal 1?

4. Collaboration

Do you proactively look for opportunities to partner with Governments, UN agencies, suppliers, civil society organisations, industry peers and other stakeholders to inform how to advance Goal 1?

5. Accountability

Do you publicly express your commitment to advance Goal 1?
Do you identify, monitor, and report on impacts, including potentially adverse impacts?
Do you mitigate risks associated with your action?
Do you remediate negative impacts associated with this action?
Do you engage stakeholders in a meaningful way?

American Malaysian Chamber of Commerce
Level 10, Bangunan Faber Imperial Court, Jalan Sultan Ismail,
Kuala Lumpur 50250, Malaysia

Tel: +603 2727 0070

Fax: +603 2727 0075

Email: info@amcham.com.my

Dear Subscriber, SDGs IN PLAY: #1 NO POVERTY Businesses not only meet the needs of communities with purchasing power but create more of them. They can create decent sustainable jobs, foster economic activity through their supply chains, and contribute tax revenues for basic services and infrastructure. This role of businesses is becoming more important as we move towards the 2030 Agenda of eradicating poverty according to SDG 1, and as the task becomes increasingly monumental. The pace of poverty reduction is decelerating, with a “nowcast” of 8.6% in 2018. MAKING IT HAPPEN AMCHAM Members share their actions to contribute towards this SDG. Knight Frank Malaysia has held its “Day of Giving” on 17 August (Saturday) at Dewan Taman Dusun Bandar, Kuala Lumpur. In conjunction with the Day of Giving, the company celebrated its annual Family Day together with the children from Yayasan Chow Kit. Hosted by the Sports and Social Club, staff from KFM HQ and site offices were invited to the event. Deleum’s Corporate Social Responsibility initiative recognises the importance of reaching out and supporting the community where we operate. On 28 November 2019, a group of Deleum’s volunteers spent their morning at the Pusat Transit Gelandangan Kuala Lumpur (Homeless Transit Centre). The day started with volunteers sprucing up the centre through activities such as cleaning and tidying the common areas as well as repainting the grills. COMMITTING TO SDG #1, CONSIDER THESE: 1. Intentionality - Is your company committed to supporting the achievement of Goal 1? Have you developed a holistic strategy that reflects this commitment, covering end-to-end operation and the wider community? - Are you committed to learning from your actions and do you have processes in place to improve them accordingly? - Is your strategy supported by the highest levels of management, including the Board of Directors? 2. Ambition - Do your actions achieve long-term outcomes that greatly exceed those resulting from current industry practice? - Are your actions aligned with what is needed to achieve Goal 1? 3. Consistency - Is support for Goal 1 embedded across all organizational functions? - Are staff and board incentives aligned with achieving Goal 1? 4. Collaboration - Do you proactively look for opportunities to partner with Governments, UN agencies, suppliers, civil society organisations, industry peers and other stakeholders to inform how to advance Goal 1? 5. Accountability - Do you publicly express your commitment to advance Goal 1? - Do you identify, monitor, and report on impacts, including potentially adverse impacts? - Do you mitigate risks associated with your action? - Do you remediate negative impacts associated with this action? - Do you engage stakeholders in a meaningful way?