AMCHAM Corporate Social Impact Awards
At AMCHAM, we are proud of what our member companies do to give back to Thailand and Thai society, making the business and social environment better for all of us.
To honor these efforts, AMCHAM awards Corporate Social Impact Recognition to companies that demonstrate an advanced understanding of the linkages between business operations and society, and conduct business in a way that creates long-term economic and social value. Our goal is to identify excellence, not just through individual projects or monetary contributions, but through good internal strategy and systems to support sustainable business and integrate it throughout the company's business practices. In 2022, 91 AMCHAM members received Recognition status. In addition, each year we grant a few Special Awards for exceptional individual projects that represent the best of sustainability programming.
Throughout the year, our Corporate Social Impact Committee shares these best practices with the entire membership, providing support and resources for member companies who are developing or improving their sustainability strategies.
Each November, in Thanksgiving week, AMCHAM hosts the AMCHAM Corporate Social Impact Award Gala Dinner to celebrate our award winners.
2023 AMCHAM CORPORATE SOCIAL IMPACT AWARDS TIMELINE
Jun 22: Application opens
Aug 15: Application closed
Sep: Application scored, finalists selected for special awards
Oct: Special awards submissions deadline
Oct: Special award finalists present to judging panels
Nov 21: AMCHAM Corporate Social Impact Awards Ceremony
AMCHAM CORPORATE SOCIAL IMPACT AWARDS FAQ
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Corporate Social Impact Recognition
AMCHAM awards Corporate Social Impact Recognition each year to companies whose overall business practices meet a benchmark of sustainability excellence. In addition, we recognize different tiers for companies who receive this award in consecutive years:
Silver level: 3 consecutive years
Gold level: 5 consecutive years
Platinum level: 10 consecutive years
Special Awards
Our Special Awards honor individual projects that represent excellence in sustainability programming. The 2023 special award categories are:
♦ The Ambassador's Award
Supporting innovation and economic competitiveness through upskilling, with a particular focus on women and girls. It is related to digital and financial literacy and the creative economy.
♦ The Thai Development Award
Fostering sustainable development in alignment with the principles of the Bio-Circular-Green Economic Model (BCG)
♦The Impact Excellence Award
Nurturing an inclusive society by embracing diversity to reduce inequality (DE&I)
Frequently Asked Questions
What is the Corporate Social Impact Awards Program?
Show MoreWhat is the Corporate Social Impact Awards Program?
AMCHAM Corporate Social Impact Awards is a signature AMCHAM program, now entering its sixteenth year. The program was designed to highlight the notable contributions AMCHAM member companies have made to operating a sustainable business in Thailand and giving back to Thai society.
The purpose of the Corporate Social Impact Awards, as approved by the AMCHAM Board, is to identify and share social corporate social impact practices by:
- Understanding the linkages between business operations and society;
- Conducting business sustainably to create both long-term economic and social value; and
- Nurturing the widespread adoption of sustainable business practices in Thailand.
The Corporate Social Impact Awards recognizes good internal strategy and systems to support corporate sustainability management, not individual projects. Individual corporate sustainability development projects are recognized through special awards.
Why did the Board launch this program?
Show MoreWhy did the Board launch this program?
The AMCHAM Board and the Corporate Social Impact Committee highlight the efforts of member companies by:
- Raising awareness of social impact investment among AMCHAM members.
- Providing recognition to member firms with exemplary sustainability development /CSR programs.
- Gathering information on best practices in sustainability management to share with all AMCHAM member companies.
- Furthering AMCHAM's corporate social impact and developing leadership among foreign chambers in Thailand.
What are the levels of Corporate Social Impact Awards?
Show MoreWhat are the levels of Corporate Social Impact Awards?
Recognition for Corporate Social Impact Awards will be granted as follows:
- Recognition: A firm that passes the numerical scoring evaluation based on their application survey
- Silver level: A firm passes the evaluation for three consecutive years;
- Gold level: a firm passes the evaluation for five consecutive years;
- Platinum level: a firm passes the evaluation for ten consecutive years.
What are the Special Awards?
Show MoreWhat are the Special Awards?
Starting in 2016, CSR Awards provided companies that achieved exceptional scores in numerical evaluation with the opportunity to apply for a special award. These Special Awards honor internal or external projects that demonstrate excellence in CSR programming. The Special Awards are competitive and allow companies with outstanding CSR programs to receive recognition and potential awards for their efforts. Companies selected for the shortlist will have the opportunity to accept or decline consideration for the awards. However, companies that have received special awards in 2020, 2021, and 2022 are not eligible to receive special awards in 2023, as a three-year “cool off” period is required for past award winners.
Regarding Thailand, it sets policies and directions to drive the national agenda of Bio-Circular-Green (BCG) Economy. The BCG agenda includes goals such as reducing social inequality, improving access to healthcare, increasing energy self-sufficiency, reducing greenhouse gas emissions, expanding more forest areas, and upskilling workers.
The 2023 Award Theme is “BCG Economy to Strengthen our World: A New Economic Model for Inclusive and Sustainable Growth”
What are the 2023 Special Awards?
Show MoreWhat are the 2023 Special Awards?
- The Ambassador's Award*: This award is given to a company whose CSR project supports innovation and economic competitiveness through upskilling, with a particular focus on women and girls. It is related to digital and financial literacy and the creative economy.
- The Thai Development Award**: This award honors a company that fosters sustainable development in alignment with the principles of the Bio-Circular-Green Economic Model (BCG).
- The Impact Excellence Award**: This award recognizes a company whose efforts nurture an inclusive society by embracing diversity to improve equity (DE&I).
*For the Ambassador’s Award, the project must be implemented in Thailand and running for at least one year as of June 1, 2023.
**Due to the special nature of this year’s Thai Development Award and Impact Excellence Award, the one-year duration restriction does not apply.
Who can apply for AMCHAM Corporate Social Impact Recognition?
Show MoreWho can apply for Corporate Social Impact Recognition?
Recognition is open to all AMCHAM members in good standing who:
- Demonstrate a commitment to good sustainability practices;
- Have a sustainability strategy in operation for at least one year (starting May 31. 2021); and
- Are willing to share information with other AMCHAM members.
Where do I apply?
Show MoreWhere do I apply?
To complete the application survey, please follow the instructions in the application email that will be sent by AMCHAM before the August 15, 2023, deadlines.
Are Small-Medium Enterprises (SMEs) held to the same standard as larger firms?
Show MoreAre Small and Medium Enterprises (SMEs) held to the same standard as larger firms?
SMEs are held to a lower numeric scoring threshold for Corporate Social Impact Awards, which is more in line with their budgets and capabilities. For the special awards, all semi-finalists/finalists are judged under the same criteria. Judges do take into account the size and scope of a CSR project compared to the size of the company.
What are the evaluation criteria for Corporate Social Impact Awards?
Show MoreWhat are the evaluation criteria for Corporate Social Impact Awards?
Corporate Social Impact Awards are given to companies that demonstrate sustainable business practices and integrate these practices with the company’s business strategy through good governance, social responsibility, business integrity, holistic and well-rounded stakeholder engagement, and demonstrated delivery of positive impacts on society and the environment. The Corporate Social Impact Committee sets the criteria structure, addressing five key domains:
Partnerships
- Strength of Partnerships
- Depth of Partnerships
Sustainability
- Strength and range of strategic partnerships
- Stakeholder engagement in all phases of activity- esp. planning
- Employee involvement
Communication
- Internal: Sharing best practices
- External: Sustainability Reporting, Public Communications
What is the judging process for the Special Awards?
Show MoreWhat is the judging process for the Special Awards?
- Eligible and qualified AMCHAM members are selected
- The companies are recognized for overall Corporate Social Impacts/Sustainability Management
- Top (for each special award) ten go to semi-finals (invitation only)
- Special Awards finalists present to the judging panel
- Selection of three Finalists
- Winners announced at the gala dinner
All special award winners will be announced on the night of the gala. Winners are NOT informed in advance if they have won a special award.
When are the awards announced and presented?
Show MoreWhen are the awards announced and presented?
The Corporate Social Impact Awards recipients and the shortlist of special award finalists will be announced in November during the AMCHAM Corporate Social Impact Awards Gala Dinner. Special Award winners are NOT informed in advance.
What is the timeline for the Corporate Social Impact Award?
Show MoreWhat is the timeline for the Corporate Social Impact Award?
- Corporate Social Impact Committee Organizes Corporate Social Impact Awards Briefing: May 25, 2023
- Distribution of Questionnaire/Applications Open: June 22, 2023
- Questionnaire Deadline/Application Closed: August 15, 2023
- Due/Finalist Selection: August 31, 2023
- Presentations to Judging Panel: September 18-22, 2023 (Tentative)
- Gala Award Event: November 23, 2023 (Tentative)
Who are the past Special Award winners?
Show MoreWho are the past Special Award winners?
2022 Special Award Winners
Excellence in CSR Project Award: Neighboring Country Colleagues Programme, PCS & Security Facility Services
Excellence in Thai Development Project: WeCYCLE, WHA Industrial Development
Ambassador’s Award for Excellence in Thai-U.S. Partnership: Coconuts Agriculture Project (ReCAP), Harmless Harvest
2021 Special Award Winners
Excellence in CSR Project Award: DEI Within the Workplace and Community, Philip Morris
Excellence in Thai Development Project: Covid-19 Socio-Economic Resilience, HSBC
Ambassador’s Award for Excellence in Thai-U.S. Partnership: Thai-US Partnership in Technological Advancement for a Low-Carbon Future, Dow Thailand Group
2020 Special Award Winners
Excellence in CSR Project Award: Cardinal Health 222 (Thailand) Ltd
Excellence in Thai Development Project: Yum Restaurants International (Thailand) Co., Ltd.
Ambassador’s Award for Excellence in Thai-U.S. Partnership: Johnson & Johnson Thailand
What if I have questions?
Show MoreWhat if I have questions?
If you have any questions regarding the Corporate Social Impact Awards or the application process, please email impactawards@amchamthailand.com