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One more 113 business received the Company of Good– 3 Hearts acknowledgment, consisting of 8M Property, Banyan Tree Holdings, Far East Orchard, OUE REIT Management and Savills (Singapore).
On the other hand, 63 companies were conferred the Champ of Good honor– the highest tier of the acknowledgment system– including Kuok (Singapore), Lendlease Global Commercial Trust Management, Mapletree Investments and TS Team.
The statement was made at NVPC’s Business of Good Conference and Conferment held on July 20 at Fairmont Singapore, which in turn saw approximately 700 business managers gathered up.
Small and medium-sized companies accounted for the majority of receivers, comprising 376 organizations, or 78% of the total amount.
This year’s cohort includes 177 Business of Good– 1 Heart recipients, amongst them Colliers, Fraxtor, Craig Road Property, Ngee Koon, and Momentus Hotel Alexandra.
An overall of 481 companies were recognised as Firms of Good by the National Volunteer and Philanthropy Centre (NVPC) this year, as the initiative noted its 10th anniversary. The recognition honours services that develop positive social effect in Singapore.
Over the past 3 years, 1,046 identified Companies of Good have actually mutually provided nearly $384 million in cash donations, greater than $85 million in contributions in-kind, and more than 1.1 million volunteer hours.
“As we look ahead, NVPC will focus on reinforcing the community of Business of Good and making it possible for organisations to learn from each other, collaborate across companies and industries and create influence with each other,” adds Soh.
“10 years on, Company of Good has definitely shown that Company Function is significantly becoming an important part of how organisations develop worth for their stakeholders and the broader society,” claims Tony Soh, PRESIDENT, NVPC.
Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong officiated the function, presenting the Champion of Good grants, whilst Senior Minister of State for Culture, Community and Youth, and Trade and Industry Low Yen Ling offered the Firm of Good– 3 Hearts awards.
