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Thai companies rank lowest in poll of corporate social behavior


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#1 Terry

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Posted 27 February 2008 - 12:06 PM

"Only 11% of Thai companies donate to charities, well under the global average of 65%, according to a new survey on corporate social responsibility by the consultancy Grant Thornton. Just 4% of Thai firms responding to the survey participated in community activities, compared with a global average of 55%.

Thailand ranked the lowest among 34 countries in terms of socially responsible behaviour toward the workforce, such as promoting flexible working hours and locations, as well as actively promoting workforce health, diversity and equality in the workplace.

Peter Walker, a senior partner of Grant Thornton in Thailand, said the survey showed that Thai companies were well behind their global counterparts in terms of CSR.

''These numbers are a sad indictment of the Thai business community,'' he said. ''In a world where corporate social responsibility is becoming an important success factor, when issues of the environment and corporate social behaviour are closely watched by the press, government, customers and employees, Thailand businesses need to lift their game significantly to remain globally competitive.''

http://www.nationmultimedia.com/2008/02/27...cs_30066581.php