Singapore, 29 April 2020: O’right has won a Gold in Asia’s Best Sustainability Report (SME) Award at the 5th Asia Sustainability Reporting Awards (ASRA), the most prestigious awards for sustainability reporting.
O’right was also honoured with Bronze medals for Asia's Best Sustainability Report (Design) and Asia's Best Supply Chain Reporting at the awards ceremony today.
The winners were selected from 461 entries received from 16 countries in Asia. The 2019 ASRA saw 80 shortlisted companies from 13 countries competing in the finals across 19 awards categories.
O’right, a Taiwanese-based sustainable beauty company that has been praised by ASRA as "a few outstanding benchmarks that integrate CSR and sustainable practices into the company's products and services," has always been favored by international awards.
In 2018, O’right’s sustainability report stood out among more than 400 companies in 15 countries and won the gold award of Asia's Best Sustainability Report (SME). In 2019, as the keynote speaker representing the Asian beauty industry, Steven Ko, the founder of O’right was invited to speak at the Asia Sustainability Report Summit in Singapore. In 2020, O’right continues to convey its green belief through the CSR report to the public. It has been shortlisted for six awards in the fields of report content, design, supply chain, SDGs, and won the Gold Award of Asia’s Best Sustainability Report (SME), Bronze Awards for Asia's Best Sustainability Report Design Award and Asia's Best Supply Chain Reporting.
In a live broadcast from Singapore, more than 200 senior business leaders and sustainability professionals from 15 countries attended the exclusive awards ceremony hosted virtually due to the Covid-19 pandemic. Attendees also included dignitaries from academia, embassies, trade associations and advocacy organisations.
The Swedish Ambassador H.E. Niclas Kvarnström, the Swedish Ambassador, Singapore was the Guest of Honour at the awards ceremony hosted virtually this year due to Covid-19 pandemic.
In his keynote address, Ambassador Kvarnström said, “The current times highlight the importance of transparency for solving global problems. Businesses that show investors and customers that they are sustainable and responsible also show that they are leaders.”
As institutional investors are getting more serious about a company’s sustainability performance, sustainability reporting has become an essential tool for communicating how the reporting organisation manages its material economic, environmental and social impacts, risks and opportunities to build a sustainable business.
O’right award-winning report demonstrates the organisation’s leadership in sustainability reporting and its commitment to creating long-term value for stakeholders.
Guided by core values, Green, Sustainability and Innovation, O’right shows the world that they are in the lead when it comes to environmental protection. Its innovative 8 Free standard, Vegan, Non-GMO and USDA Certified Biobased Product Label are all demonstrations of its commitment to achieving zero carbon and zero environmental impact. The sustainable trailblazer continues to make history with never-seen-before green standards, green formulas, green products and green packaging such as the renewable plastic shampoo bottle created in partnership with Taiwan-based suppliers Da Fon Environmental Technology and Living Fountain Plastic Industrial.