Duopharma Biotech Bhd and ArtMatrix Technology Sdn Bhd were selected overall winners in the SME and Large Enterprises categories.
Global Initiatives Communications Pte Ltd, a Singapore-based firm that employs sustainability and data science expertise to assist businesses in becoming more sustainable, organised the awards presentation.
The SBA, which began in 2012 and now spans five countries: Singapore, Malaysia, Indonesia, the Philippines, and Thailand, is the region’s foremost sustainable awards programme.
PriceWaterhouseCoopers (PwC), the knowledge partner in evaluating submissions, assisted in the assessment process, and the results were submitted to an independent National Advisory Panel (NAP) for each country.
PwC Malaysia, the World Business Council for Sustainable Development and BCSD Malaysia, the Malaysian Industry-Government Group for High Technology (MIGHT), Novafusion, Thought for Food, The Malaysian Reserve, and the Green Growth Asia Foundation supported the third edition of the awards in Malaysia.
The winners were picked based on their consistently good performance in 12 different areas.
On the other hand, Heineken (M) Bhd got a Highly Commended Award for the quality of its overall sustainability programmes. Heineken addressed water management, responsible consumption, and sustainable sourcing challenges with robust sustainability governance in place.
Their track record reflected modest gains over time and lofty long-term ambitions.
Shefali Chaddha, ED and COO of Global Initiatives, said that while a considerable number of SMEs applied for the prizes, only a tiny percentage of them successfully completed the process.
“This demonstrates that, while SMEs are engaged in improving their sustainability efforts, they still have a long way to go and want further help and encouragement.
“We discovered that huge organisations are at different phases of their sustainability journey. However, the victors of today are an example to others,” he stated in a statement.
The SBA procedure has been greatly improved this year. Each participant, for example, received an Individual Insights Report that provided a full overview of their sustainability readiness and compared it to global reporting standards.