Governments And Corporations Must Work Together

By CSR Pulse

During his five-day visit to Dubai in April, Deputy Prime Minister of Malaysia, Tan Sri Muhyiddin Yassin called to governments and corporations in the private sector to collaborate in finding new ways to achieve balance between economic growth and sustainable environment.

According to Muhyiddin, people see corporations in black and white only, sympathising with those they consider sustainable and environmentally friendly and often disregarding those that ignore these CSR issues.

As countries depend more and more on trade and a freer economy in their attempts to raise their citizens’ income, they are also looking at sustainability issues and how to achieve a balance between the two, Muhyiddin said. We live in a time of social and environmental challenges, making it vital that sustainability and economic growth are integrated and do not clash against each other, he added. It is the job of corporations to make sure they devise and implement structures and strategies to work with civil societies and citizens so that the message can reach more people and organisations, he continued.

As for governments, Muhyiddin said devising more specific policies that encourage sustainable development initiatives continues to be very important, but in order for them to work, they need to be sharpened and utilised. His message is clear: sustainability, care for the environment and social betterment should be a team effort in which both governments and corporations partake, as well as civil societies and the people of that country.