In pursuit of sustainable business operations, the CHAILEASE International Leasing Company (CHAILEASE) has carried out its “Excellent Corporate Governance Enterprise” project. The path to true, impactful change begins with an enterprise’s corporate identity; this initiative sets out to establish a holistic CSR system that develops and promotes a sustainable financial leasing industry environment. This initiative is also an award winner of the Corporate Governance category at the Asia Responsible Enterprise Awards 2024, organized by leading regional NGO, Enterprise Asia.
CHAILEASE through the three major dimensions of CSR—Enterprise, Society, and Responsibility, facilitates different projects and tasks to realize the value of corporate sustainable business development, feedback to society, and practice corporate sustainable responsibility. CHAILEASE’s “Excellent Corporate Governance Enterprise” project is highly connected with the company’s vision, mission, and core values to establish a holistic CSR system that develops and promotes a sustainable financial leasing industry environment.
Through 3 successful strategies: Sustainable Development, Continuous Improvement, and Top Down Participation, the company is able to craft step-by-step practices for its CSR projects to be integrated with its business operations.
CHAILEASE divides the three major dimensions of CSR and gradually implements them from top to bottom. In addition to making announcements, the company also organizes relevant training and conference activities, so that employees can gradually become aware and recognize the importance of this project, and then put in the effort to implement it. CHAILEASE inserts CSR evaluation factors into each leasing case and sets up a review mechanism in daily work processes such as business, review, customer service, and backend to ensure that employees are accustomed to practicing and following it in their daily work.
Some achievements under this project include strengthening anti-money laundering and anti-bribery measures, assuring Social Human Capital (Providing a friendly, healthy, and safe workplace environment, guaranteeing fairness and welfare, creating a diverse and tolerant atmosphere), and reviewing carbon emissions and reducing carbon with green procurement, green taxi, and energy saving.
Moving forward, CHAILEASE is working to evolve its practices from CSR to ESG Due Diligence Governance. This will be done by deepening the company’s sustainable governance culture, continuing to promote sustainable development of financial products, and strengthening related ESG corporate governance assessment evaluation indicators. The company also intends to develop a Sustainable Credit Module, implement more Social Responsibilities, and develop Sustainable Finance for a Low-Carbon Economy.
About Enterprise Asia
Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplifting the economic status of people across Asia and ensuring a legacy of hope, innovation, and courage for future generations. Please visit https://www.enterpriseasia.org/ for more information.
About Asia Responsible Enterprise Awards (AREA)
The Asia Responsible Enterprise Awards program recognizes and honors Asian businesses for championing sustainable and responsible entrepreneurship in the categories of Green Leadership, Investment in People, Health Promotion, Social Empowerment, Corporate Governance, Circular Economy Leadership, Corporate Sustainability Reporting, and Responsible Business Leadership. For more information, visit https://enterpriseasia.org/area/.
