Kuala Lumpur, March 29, 2018 : The UN Global Compact Network Malaysia (GCMY) has been appointed as CECP’s Global Exchange representative for Malaysia.
CECP was founded in 1999 by actor and philanthropist Paul Newman and other business leaders to create a better world through business. CECP has grown to a movement of more than 200 of the world’s largest Fortune 500 companies that represent $6.2 trillion in revenues, $18.4 billion in societal investment, 13 million employees, and $15 trillion in assets under management.
GCMY will encourage and recommend that larger Malaysian network members aim for peer-recognition at the CECP level.
The CECP Global Exchange programme unites country-based, mission-driven corporate engagement organisations to advance business as a force for good around the world. It is a formal forum for CECP’s national representatives to share information and peer learning; exchange insights and research; and leverage a shared public voice on how companies can be a force for good in society.
GCMY joins Global Exchange leaders including CSROne (Taiwan), Beyond Philanthropy (Germany) and SynTao (China and HongKong) as a ‘local authority’ to help make community initiatives a strategic priority for Malaysian companies.
This year CECP will host an annual summit on 22-23 May 2018 in New York, bringing together nearly 300 corporate leaders who drive social strategies at the world’s largest companies. Themed ‘Leading Through Complexity’, the event will focus on how corporations, and other cross-sector leaders, are navigating the complicated social, political, economic, and business landscape – by either innovating their work and message – or staying the course.
CECP and GCMY will collaborate to identify opportunities to connect CEOs to partners to advance the Sustainable Development Goals (SDGs).
Puvan J Selvanathan, President of GCMY, said, “As the Malaysian Local Authority affiliated with the Global Exchange, GCMY will be able to guide large companies in advancing their Corporate Social Responsibility (CSR) and contribute to the dialogue by leveraging on CECP’s platform. The values that CECP bring can add to the business agenda aligned with SDGs. Our goal is to work in tandem with CECP and empower corporations to be a force for good in society.”