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(Virtual) 6th International CSR & Sustainability (ICS) Summit 2020

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The virtual summit gathers more than 400 thought leaders across Asia with a joint theme of Purpose before Profits: An Equilibrium World

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6th International CSR & Sustainability (ICS) Summit 2020 - Purpose Beyond Profits: An Equilibrium World.

This 6th annual CSR & sustainability summit will seek to call for businesses to commit to a Purpose that looked beyond Profits: the purpose of a corporation is not just to create financial return to shareholders but create benefits and fundamental commitment to all stakeholders: customers, employees, suppliers, communities, as well as shareholders.

The narrow focus on just profit-making businesses began from the era of neoliberalism have given rise to a number of concerns over the decades from poverty, impact on climate to serious global inequality; in summary, maximisation of profits for just shareholders will no longer be sufficient for corporations of the future to meet the demands of society and workforce, and such neoliberal focus will have its effect on narrowing strategic focus and responsibilities of business.

To achieve a cohesive and sustainable world, new choices have to be made. Addressing the biggest issue of our time, leveraging on the powers of all sectors only will we be able to achieve a sustainable world. As purposeful businesses are now gaining more mainstream interest and support, CEOs of the future will want their corporations to be forces of good.

Picking up from last year’s theme “Take A Stand: Delivering on the Global Goals”, here we aim to define “Purpose before Profits”, calling for corporations to commit to delivering long term value to their stakeholders, and produce solutions to global problems to achieve a sustainable future. Join us at this summit to discuss how to deliver the required change.

For more information on the Summit, visit: https://enterpriseasia.org/area/ics/

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