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PRESS RELEASE

November 26, 2014 - Six partner organisations of the World Business Council for Sustainable Development (WBCSD) in South East Asia agree to join forces to drive the development of a business-led sustainability agenda in South East Asia.

With a combined membership of more than 200 of the most forward looking corporations, the coalition partners are launching a platform called "Action2020 in South East Asia". Its aim is to create the conditions to scale up business solutions to help solve the most critical environmental and social problems of the region.

It will serve as a dialogue partner to a wide range of stakeholders such as ASEAN Secretariat, Governments, Institutions and other NGOs to help realise an ASEAN community that simultaneously balances environmental sustainability, social cohesion and sustained economic growth.

It is to be used to address common challenges such as: climate change, pollutions, transboundary haze, environmental degradation, social disparities, and concerns about food, water and energy.

By teaming up and setting a common sustainability agenda, companies' actions can be better aligned and more focused so that tangible positive impact can be achieved. At the same time, it creates new business opportunities and brings competitive advantage to the most innovative and responsible companies.

Peter Bakker, WBCSD President and CEO says: "WBCSD's Action2020 platform requires collaboration with solutions-oriented organizations to leverage local partnerships and scale up implementation of business solutions for a more sustainable world. Global Network plays a critical role in advancing Action 2020 business solutions and the coalition of Southeast Asian BCSDs will significantly contribute to effectively tackling the sustainability challenges across ASEAN."

About Action2020

Action2020 is the world's largest concerted corporate sustainability initiative. Backed by scientific research, it sets the agenda for business action on sustainability to 2020 and beyond - at global, regional and national levels.

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