In an era where talk of sustainability often exceeds impactful action, Singapore’s Stewardship Asia Centre (SAC) and its partners have embarked on a mission to spotlight businesses that are leading by example. The third iteration of Steward Leadership 25 (SL25) aims to honour projects that embody the essence of steward leadership by merging profitable growth with solutions to some of humanity’s most pressing challenges.

Steward leadership, characterised by a deep-seated commitment to fostering a brighter future for stakeholders, society, future generations, and the environment, is not merely a noble pursuit but a strategic business imperative. It seeks to establish an optimal approach to growth, marrying profit and purpose and achieving prosperity that benefits employees, shareholders, and society alike.

Open to for-profit entities of all sizes and sectors, SL25 welcomes submissions of projects that have generated positive societal and environmental impacts. The application ends 15 May 2024. Last year’s cohort showcased a diverse array of projects from 14 countries, led by companies operating in sectors ranging from financial services and transportation to food and beverage and real estate.

Past honourees have focused on serving underprivileged communities. For instance, Tata Consultancy Services has improved digital access and literacy to youths and seniors, contributing more than S$40,000 worth of laptops and wi-fi connections to underprivileged students to relieve COVID-19 challenges, benefitting more than 150 students in Singapore.

India’s leading consumer goods company, Marico, underscores the importance of environmental stewardship and generates sustainable livelihoods. Among their initiatives is a social value creation programme, Parachute Kalpavriksha, which equips farmers with scientific and climate-resilient farming methods to promote sustainable agriculture while improving their productivity and income generation opportunities.

SL25 is a collaborative initiative involving SAC, the INSEAD Hoffmann Global Institute for Business and Society, WTW, and The Straits Times.

For more information on SL25 and to apply for the 2024 cycle, scan the QR code below. Applications open now till 15 May 2024.

-Press release