ASUS Announced as Asia's Most Socially Responsible Company in 2020

2020/08/14

Fremont, CA (August 14, 2020) — ASUS today announced that the company has been recognized as the Most Socially Responsible Company in Asia in 2020, marking the first time that a company from Taiwan has been awarded this distinction. This illustrious achievement was revealed at the Asia Corporate Excellence & Sustainability (ACES) Awards 2020, and coincides with the release of the ASUS 2019 Corporate Social Responsibility (CSR) Report.

The ACES Awards celebrates Asia’s most renowned business leaders, corporations and brands, adhering to an exacting multi-stage process in order to identify, select and interview organizations across a range leadership and sustainability categories.

ASUS demonstrates clear leadership and world-leading sustainable procurement

In support of its decision to recognize ASUS as Asia’s Most Socially Responsible Company of the Year, ACES has released a detailed report into the evaluation methodology followed in reaching its conclusion.

This report cited multiple instances where ASUS has achieved significant success in the company’s CSR efforts, aided by clear leadership. These include the strong integration of sustainable practices into the company’s business operations reflecting effective leadership, and evidenced through the Sustainability Strategy, 2020 Sustainability Goals, reporting, effective materiality and stakeholder-engagement processes, and community investments.

The ACES Awards 2020 Evaluation Report also identified that consideration of environmental impacts is well-integrated along the ASUS value chain, spanning product design, supply chain management, operations and product end-of-life management. The ACES judging panel recognized ASUS for the company’s clear leadership in the field.

The report summarizes how, in 2018, ASUS became the first global IT brand to publish an environmental profit and loss (EP&L) assessment report — assigning financial value to the environmental impacts of the company’s products. It also recognizes that, in 2019, ASUS was the first company in the world to achieve ISO 20400:2017 certification for sustainable procurement. ASUS plans to incorporate the company’s EP&L method into procurement processes, both to apply further sustainability to the company’s own supply chain and to demonstrate to the broader industry the environmental costs linked to various production methods.

“Upon achieving our 2020 Sustainability Goals, ASUS will establish a new set of standards known as the 2025 Sustainability Goals. For this new set of standards, ASUS will bring about positive changes for society and for the environment using a triple-bottom-line accounting model, which will help in realizing a new vision of sustainability,” said ASUS Chairman Jonney Shih.

Digital inclusion and employee wellbeing embedded into the ASUS approach to CSR

The ACES judges also identified how community investments made by ASUS are closely aligned to the company’s core business practices and monitored using an internationally recognized Social Return on Investment (SROI) approach.

The company’s flagship initiative, led by the ASUS Foundation, has helped to establish more tha