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Session on corporate social responsibility maya faisal
1. Children’s Rights and Business Principles
Corporate Social Responsibility
Corporate Registry Forum 2014. Rio de Janeiro. Maya Faisal. UNICEF MALAYSIA.
mffaisal@unicef.org
2. Presentation Outline
1. Corporate Social Responsibility and Children
2. Business and Human Rights
3. Ten Principles of Children’s Rights and Business
Principles
4. Companies Commission Malaysia and UNICEF
Collaboration
5. Success Factors and Challenges Ahead
5. DEFINITION OF A CHILD
A child is every
human being under
the age of 18 years
6. Children’s Rights and Business Principles
FOUNDATION AND STRUCTURE
Convention on the
Rights of the Child
UN Guiding Principles
on Business and
Human Rights
ILO Conventions
• Built on existing standards, initiatives and best practices
• Connecting the dots, and bringing a child rights lens to
sustainability.
7. 4/23/20147
THE GUIDING PRINCIPLES ON BUSINESS AND HUMAN
RIGHTS (2011)
State duty to
PROTECT
Corporate
responsibility to
RESPECT
Rights of victims to
access an effective
REMEDY
Global benchmark for government and business to address human rights
11. CRBP into action
• Training on children’s rights and business
principles.
• Reinforcing the due diligence process
• Localizing the situation based on primary
business industries
• Building a pool of Malaysian trainers
Building capacity for Small Medium Enterprises, Public
Listed Companies, Government Linked Companies
12. In Malaysia, how did SSM-UNICEF translate the
CRBP into action ?
13. Success Factors
• Malaysia’s National Vision 2020 to become a
high income nation.
• Tax Incentives
• Companies Commission Malaysia(SSM)
Corporate Responsibility Agenda
• Bursa Malaysia Listing Requirements & its
initiatives on ESG.
• Silver Book Guidelines for Government Linked
Companies.
The Government contributes to a positive CSR
Environment through:
14. Success Factors
• Over 1 million companies and 5 million
businesses registered with SSM
• 2009 rolled out of the corporate responsibility
agenda
• Promotion of corporate governance that goes
hand-in-hand with responsible business.
• Acknowledging competitive business market will
require a strong case for sustainability and
relevant business practice.
SSM’s regulatory role for all businesses and
companies is well established:
15. Challenges Ahead
• The upcoming amendments to the Malaysia Companies Act
in 2014 will look at voluntary disclosure and reporting of
CR.
• Voluntary reporting on CSR would indirectly place
companies in a position to re-strategize their business
operations internally and externally and in many cases will
impact consumers, employees, suppliers and community
stakeholders, including children.
• The framework of the CRBP could provide guidance to
many companies on how best to formulate their CSR work
and strategic engagement.
Reporting on corporate responsibility