Malaysia Airports Holdings Bhd bags two corporate responsibility awards
March 6, 2010, Saturday
KUALA LUMPUR: Malaysia Airports Holdings Bhd has bagged two awards at the inaugural StarBiz-ICR Malaysia Corporate Resposibility Awards 2009 in the environment and community categories for companies with market capitalisation of below RM1.0 billion.Seven companies were honoured for their exemplary corporate responsibility (CR) initiatives in the event jointly organised by Star Publications (M) Bhd and the Institute of Corporate Responsibility (ICR) Malaysia.
ICR Malaysia’s chairman Datuk Johan Raslan said the awards were organised to raise the awareness of corporate responsibility as a key component of business and to emphasise that CR goes beyond narrow philanthropy or community activities.
“It is unfortunate that some companies still view CR as unwanted cost or as a gesture to please the authorities who appear committed to an international agenda,” Johan said at the award ceremony here today.
“Without a doubt, companies that want to remain competitive in a globalised business environment cannot ignore the CR agenda due to external pressure,” he said.
According to Johan, good CR practices can lead to cost savings through greater innovation, improved efficiencies and better management practices.
The awards were presented by Perak Crown Prince Raja Nazrin Shah, who is also the patron.
In the marketplace category for companies with market capitalisation of below RM1.0 billion, the winner was Tex Cycle Technology (M) Bhd while Aluminium Company of Malaysia Bhd was the workplace category winner.
Telekom Malaysia Bhd clinched the community category award for companies with market capitalisation of above RM1.0 billion while the marketplace category winner was Nestle (Malaysia) Bhd.
DiGi.Com Bhd won the award in the environment category for companies with market capitalisation of above RM1.0 billion while the workplace category winner was Guinness Anchor Bhd.
This was the second year that StarBiz and ICR Malaysia had collaborated to organise the awards. — Bernama
