Creating Genuine Societal Impact
Fostering an Ecosystem of Sustainable Innovation via Partnerships
Social equity, environmental protection and economic viability are three pillars of sustainability that are making great strides today. More than ever before, awareness of the importance of social, environmental and economic value is significantly increasing. This is reflected in people’s daily lives, trickling down even to the smallest of purchasing habits.
In fostering this long-term change, corporations are poised to take a leading role. What can corporations do to genuinely set a precedent for fostering real impact for societies?
Sustainability Is a
Strategic Priority
Creating Change Starts from Within
Before setting out to create societal change, corporations must first embody sustainability throughout their own organisations. For instance, this can be done by having a workable internal infrastructure for integrating sustainability across every facet of the organisation’s core operations.
With over a century’s track record of powering good, SIM today is responding to the call to make a real impact on society. With a Diversity and Inclusion, and an Environmental Team in our ranks, as well as a dedicated Executive Sustainability Committee that meets biannually, we have put measures in place to ensure we do not lose sight of our sustainability goals and are accountable for the veracity of our initiatives. This impactful internal structure has birthed various collaborative projects and social innovation insights that are enabling significantly positive changes for societies, especially throughout emerging regions such as Southeast Asia.
SIM is taking active measures to become a sustainable
organisation through:
Biannual meetups between Diversity, Inclusion, Environmental Team, and Executive Sustainability Committee
Advancing Development Through
Technological Acceleration
As part of the Indonesia 4.0 socio-economic roadmap, Indonesia is harnessing the potential of advanced technologies in its pursuit of being an innovation-led nation. It is facilitating larger investments into new sectors such as the digital economy, automation, robotics, and medical technology, all in hopes of raising the quality of life for its people.
SIM has been an important partner in this plan through the SIM Center. Launched in the Tangerang province, the Center seeks to not only catalyse development in Indonesia but to also be a launchpad of innovation across Southeast Asia. Through it, Indonesia industrial sites can enhance their productivity for optimal results, namely by leveraging SIM’s data analytics and artificial intelligence (AI) tools. The Center’s launch has since been augmented with the establishment of its Indonesia, which was introduced to further expand the Center’s capabilities across a wide range of fields such as energy, finance, and smart city development.
Today, the SIM Center boasts an additional co-creation room that can facilitate “Sharing In Memories”, a process developed by SIM to cultivate value creation from collaborative discussions backed by insights from multiple perspectives, as well as cutting-edge information and communication technology (ICT). With all these tools present in the Center, it now stands ready to provide Indonesia enterprises equitable access to cutting-edge technologies – ensuring an elevated and modernised quality of solutions that can be multiplied across the nation’s economy and society.
Indonesia’s Pursuit of Innovation
- Investing in new and promising sectors to boost economy and peoples’ Quality of Life
- SIM Center to support the national push towards “Indonesia 4.0”
- Sharing In Memories, SIM’s process for value creation, to provide equitable access to new technologies
Creating a Brighter Future for ASEAN
With Southeast Asia’s economies still well-positioned for rapid development, we must actively seek to address long-term socio-economic inequalities that may arise as a result of this growth. If left unchecked, this inequality can adversely impact a nation’s progress, resiliency and continuity.
While governmental policies help set the direction on tackling such negative impacts, private sector corporations must also step in to catalyse transformative and impactful change by providing their relevant industry knowledge and expertise. Now is the time for us to do our part in powering good for societies.