S’pore, Asia-Pacific firms lauded for doing well by doing goo

Goal of steward leadership is to create better future for all stakeholders

- Chor Khieng Yuit

Companies can do well by doing good this was the key message from the Steward Leadership Summit, which was held at the ShangriLa Singapore on Wednesday.

Steward leadership is born out of a desire to pursue a corporate agenda beyond profit-making, and it permeates every part of the organisation, from its business model to its strategy and corporate culture, said Mr Rajeev Peshawaria, chief executive of Stewardship Asia Centre, a non-profit organisation set up by Temasek Holdings.

He added that the goal is to create a better future for all stakeholders, including the society, the environment and future generations.

Speaking at the summit, Temasek Holdings chairman Lim Boon Heng said a mindset shift is needed to drive everyone to work together towards creating that collective better future”.

He added that this better future requires everyone, regardless of their roles in society, to step up to play their part and do the right thing.

“This will help ensure that we leave this world in a better shape for the current and future generations,” he said.