Duopharma Biotech Berhad has been announced overall winner for their outstanding and comprehensive efforts in corporate sustainability in the Large Enterprises category of the Sustainable Business Awards Malaysia (SBA) 2020/2021.
They also won the awards on Business Ethics & Responsibility, Stakeholder Management, UN Sustainable Development Goals; and the Significant Achievement in Water Management, Waste Productivity and Materiality.
The awards ceremony, held on Sept 23, 2021, was organised by Global Initiatives Communications Pte Ltd, a Singapore-based company, which uses sustainability and data science know-how to help companies become more sustainable.
Initiated in 2012, the SBA is regarded as the top sustainable awards platform in the region and had been held in five countries namely Singapore, Malaysia, Indonesia, the Philippines and Thailand.
The assessment process was supported by PriceWaterhouseCoopers (PwC), the knowledge partner in the assessment of submissions after which the results were presented to an independent National Advisory Panel (NAP) for each country.
The awards’ third edition in Malaysia was supported by PwC Malaysia, The World Business Council for Sustainable Development and BCSD Malaysia, the Malaysian Industry-Government Group for High Technology, Novafusion, Thought for Food, The Malaysian Reserve and Green Growth Asia Foundation.
The winners were chosen based on their continuous performance across 12 different categories, including sustainability strategy, community, energy and water management, supply chain, community, United Nations Sustainable Development Goals (SDGs), and ethics among others.
This year, the SBA process was significantly enhanced. 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.
While the questionnaire was longer and more in-depth, the process of completing it was made considerably easier thanks to a new platform that had drop-down menus and fewer open-ended questions.
The evaluation procedure was very thorough, and it included validation of responses as well as company interviews where necessary. The results were then presented to the NAP, who decided on the winners. — The Health