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Tribute to good leadership and corporate social responsibility
THE Asia Corporate Excellence & Sustainability awards (Aces) recognise successful companies and individuals in Asia across two main domains; leadership and corporate social responsibility.
Exemplary individuals leading mega businesses with the right attitude towards the business and the determination and grit to achieve success are honoured in five categories: entrepreneur of the year, woman and young, eminent and outstanding leaders.
Some of the important selection criteria include annual revenue, overall financial health of the company, leadership calibre and charisma, corporate responsibility vision, year-on- year growth, and brand presence.
As small and medium-sized enterprises form the majority of a country's economy, emphasis is given in selecting SMEs with a focus on growth and resilience. The winning SMEs have a sustainable business model, strong customer base, innovative product offering, growing revenue and profits, and the flexibility to respond to rapid changes in the industry and customer demand.
With the increasing role of corporate responsibility in the private sector, three main pillars are prioritised: the environment, care for the community, and workplace excellency.
The winning company takes on a visible role in society which goes beyond the core business and legal requirements, and its vision is well reflected in the company's policies and operations, and ultimately adds value for the company and the society at large. Responsible SMEs that make substantial efforts towards sustainability are also given credits.