OnePercent PTE LTD CORPORATE SOCIAL RESPONSIBILITIES
Corporate Social Responsibility (CSR) is crucial to ensure OnePercent puts forth environment, consumers, employees, communities and stakeholders as a priority in our business practices. It is also an essential component of OnePercent’s core values which are responsibility and commitment and also because of the growing demand by consumers, investors and international organizations that enterprises have to be sensitive to the needs of the communities and environment. CSR is also a correlation between environmental and financial performance for our company.
A case study of IKEA has proven the effectiveness of partnership. In 2000, IKEA joined forces with UNICEF in India to help prevent and eliminate child labour by setting up school enrollment drives, alternative learning centers and woman self-help groups. Women from the self-help groups worked for IKEA to earn income by embroidering cushions to minimize the problem of debt in the country which was a root cause of child labour. With this, IKEA’s actions have built trust within the communities it touches and the project is still ongoing till today.
a. Collaboration and partnership The Singapore Compact functions as a multi-stakeholder platform to aid and link OnePercent with other members of different companies and organizations. We collaborate through coordinated strategies with the members to promote greater environment awareness. OnePercent is also partnered with the Singapore Environment Council, a private and non-profit organization which reaches out to the community a range of holistic programs that promote and educate on environmental responsibility. The importance of partnering with them is to combine and complement each other skills and expertise to achieve our common goal which is promoting environment awareness. 68