Taiwanese companies dominate the 4th Asia Sustainability Reporting Awards

6 Mar

Taiwanese companies dominate the 4th Asia Sustainability Reporting Awards

Sinyi Realty of Taiwan emerges as the top winner

Singapore, 6 March 2019: Sinyi Realty Inc., a Taiwan-based real estate brokerage and agent sale services company, emerged as the top winner at the 4th Asia Sustainability Reporting Awards (ASRA) just concluded in Singapore. Sinyi won five awards, the highest this year, including the most coveted Asia’s Report of the Year honour.

Taiwan’s Taishin Holdings, Singapore’s Singtel and City Developments Limited, Japan’s Toyo Ink SC Holdings Co, Thailand’s Bangchak Corporation and Charoen Pokphand Group and India’s Mahindra and Mahindra were among the companies which won more than one award.

In total, 25 companies from 11 countries representing a wide array of sectors won the awards in 17 categories. A record 82 companies from 14 countries had made it to the final round of the 2018 Asia Sustainability Reporting Awards.

Nearly 100 business leaders from 15 countries turned up at the exclusive awards ceremony hosted by the British High Commissioner in Singapore H.E. Scott Wightman. The event was attended by dignitaries from diverse fields including academia, non-profit, embassies, trade associations and advocacy organisations.

The awards were presented by the Guest of Honour Jessica Cheam, managing editor of Eco-Business, The British High Commissioner H.E. Scott Wightman and special guests Dr Lawrence Loh, director of Corporate Governance, Institutions and Organisations (CGIO) at NUS Business School and Dr Wu Huijuan, Assistant Director, Singapore Institute of International Affairs.

Speaking at the event, Rajesh Chhabara, managing director at CSRWorks International and the creator of the Awards said: “Sustainability reporting has become an important tool for investors and stakeholders to assess a company’s full value. High quality reporting and disclosure allows organisations to communicate how they manage their economic, environmental, social and governance impacts, risks and opportunities to create value in the short, medium and long term”.

(The awards are) a reflection of the traction that sustainability reporting is gaining in the region, almost if not equaling the status of financial reporting. - Jessica Cheam, managing editor, Eco-Business

“ASRA is helping organisations to raise the bar in reporting and improving the quality of sustainability information for stakeholders,” he added.

An independent judging panel decides the awards following rigorous criteria. The judges sifted through nearly 400 entries to select the winners. The judging process involved three rounds of screening and evaluations to identify the very best in each award category. Finally, comprehensive due diligence was carried out to assess finalists’ reputation among stakeholders, and the findings were considered to determine the winners.

CSRWorks International, a Singapore-based firm focussed on sustainability consulting, training and thought leadership, has created the non-profit Asia Sustainability Reporting Awards to inspire Asian organisations to adopt sustainability reporting and integrated reporting.

The winners received a specially designed plaque framed with recycled wood. The winner of the top honours, Asia’s Report of the Year, won an exclusive golden plaque. All finalists received a merit certificate printed on FSC certified paper sourced from sustainable forests. Also, the winners and the finalists will be authorised to use the Asia Sustainability Reporting Awards logo for branding purpose.

Category Winner Country
Asia’s Report of the Year Sinyi Realty Inc. Taiwan
Asia’s Best Sustainability Report (Stand-alone) Sinyi Realty Inc. (Winner) Taiwan
Singtel (Highly Commended) Singapore
Asia’s Best Sustainability Report within Annual Report Sunway Construction Group Berhad (Winner) Malaysia
Mah Sing Group Berhad (Highly Commended) Malaysia
Asia’s Best Integrated Report Talawakelle Tea Estates PLC (Winner) Sri Lanka
Ayala Corporation (Highly Commended) Philippines
JSW Steel Limited (Highly Commended) India
Asia’s Best Integrated Report (SME) Vallibel Power Erathna PLC (Winner) Sri Lanka
Asia’s Best First Time Sustainability Report Magarpatta Township Development & Construction Company Limited (Winner) India
Sinarmas Land Limited (Highly Commended) Indonesia
Asia’s Best Sustainability Report (SME) Salcon Berhad (Winner) Malaysia
Asia’s Best Online Sustainability Report City Developments Limited (Winner) Singapore
Sinyi Realty Inc. (Highly Commended) Taiwan
Asia’s Best Materiality Reporting Taishin Holdings (Winner) Taiwan
Toyo Ink SC Holdings Co., Ltd. (Highly Commended) Japan
Asia’s Best Stakeholder Reporting Charoen Pokphand Group (Winner) Thailand
Bangchak Corporation Public Company Limited (Highly Commended) Thailand
Asia’s Best Workplace Reporting Sinyi Realty Inc. (Winner) Taiwan
Cathay Financial Holding Co., Ltd. (Highly Commended) Taiwan
Asia’s Best Diversity Reporting Singtel (Winner) Singapore
Sinyi Realty Inc. (Highly Commended) Taiwan
Asia’s Best Environmental Reporting Charoen Pokphand Group (Winner) Thailand
CTBC Financial Holding Co., Ltd. (Highly Commended) Taiwan
Asia’s Best Carbon Disclosure City Developments Limited (Winner) Singapore
Mahindra & Mahindra Ltd. (Highly Commended) India
PT Pertamina (Persero) (Highly Commended) Indonesia
Asia’s Best Supply Chain Reporting ASUSTeK Computer Inc. (Winner) Taiwan
Mahindra & Mahindra Ltd. (Highly Commended) India
Asia’s Best Community Reporting Reliance Industries Limited (Winner) India
PT Pertamina EP Asset 4 Cepu Field (Highly Commended) Indonesia
Asia’s Best SDG Reporting Bangchak Corporation Public Company Limited (Winner) Thailand
Taishin Holdings (Highly Commended) Taiwan
Asia’s Most Transparent Report Joint Winners:  
Baoviet Holdings Vietnam
Singtel Singapore
Asia’s Best Report Design Tata Motors Limited (Winner) India
Toyo Ink SC Holdings Co., Ltd. (Highly Commended) Japan

Note to editors:

More comprehensive information on the Asia Sustainability Reporting Awards is available at

For more information contact:

Melissa Kee, Project Executive,



About the Awards

The Asia Sustainability Reporting Awards (ASRA) recognise and honour sustainability reporting leaders in Asia. The Awards celebrate best practices in sustainability reporting. The vision for ASRA is to become the most inspiring recognition for sustainability reporting excellence in Asia. The Awards are open to all types and sizes of private, public and non-profit organisations in all sectors which produce a sustainability report or an integrated report in Asia. An independent panel of distinguished judges evaluates the entries to select the winners.

About CSRWorks

The Asia Sustainability Reporting Awards, a non-profit initiative, are organised by CSRWorks International, Singapore’s most trusted boutique-style sustainability firm focussed on consulting, training and thought leadership with a proven track record more than 13 years. ASRA aims to give organisations, large and small, the opportunity to showcase their sustainability efforts, thereby building trust among their stakeholders, adding value to their businesses and attracting socially responsible investors.

ASRA Supporting Organisations

The Awards are supported by diverse organisations representing governments, NGOs, academia, media and professional sectors keen on encouraging responsible business practices and sustainability disclosure in Asia. The supporting organisations include the British High Commission Singapore, Embassy of Sweden in Singapore, the British Chamber of Commerce, Vietnam Business Council for Sustainable Development (VBCSD), Sasin Centre for Sustainability Management and CSRone Taiwan among others.