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An additional 113 firms received the Business of Good– 3 Hearts acknowledgment, consisting of 8M Property, Banyan Tree Holdings, Far East Orchard, OUE REIT Management and Savills (Singapore).
Meanwhile, 63 business were conferred the Champion of Good honor– the greatest tier of the acknowledgment system– including Kuok (Singapore), Lendlease Global Commercial Trust Management, Mapletree Investments and TS Team.
“Ten years on, Company of Good has displayed that Business Purpose is increasingly emerging as an integral part of how organisations develop worth for their stakeholders and the broader society,” says Tony Soh, CEO, NVPC.
The news was made at NVPC’s Company of Good Conference and Conferment held on July 20 at Fairmont Singapore, which saw close to 700 business heads got together.
Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong officiated the function, offering the Champion of Good awards, while Senior Minister of State for Culture, Community and Youth, and Trade and Industry Low Yen Ling provided the Company of Good– 3 Hearts awards.
A total of 481 services were recognised as Firms of Good by the National Volunteer and Philanthropy Centre (NVPC) this year, as the campaign marked its 10th commemoration. The acknowledgment honours services that create good social effect in Singapore.
Over the previous 3 years, 1,046 identified Companies of Good have actually collectively provided almost $384 million in amount offerings, greater than $85 million in donations in-kind, and more than 1.1 million volunteer hours.
“As we look in advance, NVPC is going to concentrate on reinforcing the community of Business of Good and allowing organisations to pick up from each other, collaborate across companies and industries and create influence with each other,” adds Soh.
This year’s associate includes 177 Company of Good– 1 Heart recipients, amongst them Colliers, Fraxtor, Craig Road Property, Ngee Koon, and Momentus Hotel Alexandra.
Small and medium-sized companies accounted for the majority of receivers, making up 376 organizations, or 78% of the total amount.
