CSB
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  | 

Partnerships Key to Social Impact Outcomes in Asia Pacific – Summit


Saturday, 5th October 2013 at 6:03 pm
Staff Reporter, Journalist
Understanding the unique demands of the Asia Pacific region and partnerships between government, Not for Profits and business emerged as key ways to achieve better social impact outcomes at the recent 2013 Asia Pacific Corporate Community Impact Summit in Sydney.

Saturday, 5th October 2013
at 6:03 pm
Staff Reporter, Journalist


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Partnerships Key to Social Impact Outcomes in Asia Pacific – Summit
Saturday, 5th October 2013 at 6:03 pm

Understanding the unique demands of the Asia Pacific region and partnerships between government, Not for Profits and business emerged as key ways to achieve better social impact outcomes at the recent 2013 Asia Pacific Corporate Community Impact Summit in Sydney. 

The invitation-only event, hosted by United Way, a global Not for Profit working to boost community development, brought together more than 100 corporate leaders from Australia and abroad to address their roles as regional corporate citizens.

Lisa George, the Global Head at the Macquarie Group Foundation, the philanthropic arm of finance giant the Macquarie Group, said that the capacity to have immediate impact in the developing countries of the region with a relatively small amount of funding was a unique benefit of working in Asia Pacific.

She admitted that funding in Asian projects may not seem as significant as that seen from philanthropists in the US or the UK, but that “dollars belie impact” in the region.

As many Asian nations were still developing, George said, corporates working in the region had to focus on relief rather than long-term outcomes.

“Because there’s so much immediate need in Asia what we find is that we’re often funding these immediate needs. Capacity building and sector building we’re often not doing because the need is so great,” she said.

General Manager of the KT CSV Group Hope Sharing Foundation in Korea, Jong-Il Lee, through a translator, said differences in best corporate community impact practice at local, regional and global scales needed to be acknowledged.  

“We have to combine. With the Dream Together project, we had different regions, we had a few centres, so when we thought about best practice, we also had a common goal but still we could see the different characteristics of different regions and we still had to reflect those differences – there’s no one answer, rather, a combining,” he said.

Catherine Hunter, Head of Corporate Citizenship at KPMG and Chair of the Board of the United Nations Global Compact Network Australia said a sustainability reporting framework such as the UN Global Compact could address the challenges posed by regional diversity.

“A principles-based approach provides that flexibility to implement at a local level. It’s absolutely vital we take a principled approach to take a culturally sensitive approach,” she said.

Matthew Tukaki, Executive Chairman and CEO of the Sustain Group and Chairperson of the Local Networks Advisory Group at the United Nations Global Compact spoke about the ways in which regulatory principles and systems could influence future CSR projects in the Asia Pacific region.

Tukaki was clear in his views about the way to press forward.

“Civil society is an untapped goldmine of opportunities,” he said. “They have things business don’t have.”

He spoke of civil society offering things business could use, including technical expertise, intelligence about what was going on in local communities and delivery mechanisms for impact projects.

He said government, meanwhile, could provide policy guidance and both financial and material support to business.

“Government is not a never ending bucket of money and nor should they (be),” he said.


Staff Reporter  |  Journalist  |  @ProBonoNews



Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au


YOU MAY ALSO LIKE

Communication is Key for Shared Value

Wendy Williams

Wednesday, 18th April 2018 at 4:45 pm

Unpacking The Challenges of Specialist Disability Accommodation

Contributor

Tuesday, 27th March 2018 at 8:41 am

CSR, On-Demand

Ellie Nikakis

Tuesday, 20th March 2018 at 8:18 am

POPULAR

Animal Shelter Loses Charity Status

Wendy Williams

Wednesday, 11th April 2018 at 5:20 pm

NFP Real Estate Agency to Drive Sydney’s Affordable Housing Supply

Wendy Williams

Wednesday, 11th April 2018 at 5:34 pm

NDIS Urged to Implement Portable Training System for Workers

Luke Michael

Tuesday, 17th April 2018 at 8:31 am

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Salary Survey 2018
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!