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Another 113 firms received the Business of Good– 3 Hearts recognition, consisting of 8M Realty, Banyan Tree Holdings, Far East Orchard, OUE REIT Management and Savills (Singapore).
The news was made at NVPC’s Firm of Good Conference and Conferment held on July 20 at Fairmont Singapore, which saw close to 700 business heads gathered up.
“As we look in advance, NVPC will focus on strengthening the community of Business of Good and allowing organisations to learn from each other, collaborate across businesses and industries and produce effect together,” includes Soh.
This year’s associate includes 177 Business of Good– 1 Heart receivers, amongst them Colliers, Fraxtor, Craig Road Property, Ngee Koon, and Momentus Hotel Alexandra.
Meanwhile, 63 companies were conferred the Champion of Good honor– the best tier of the recognition system– consisting of Kuok (Singapore), Lendlease Global Commercial Trust Management, Mapletree Investments and TS Group.
“Ten years on, Company of Good has already presented that Business Function is progressively becoming an essential part of how organisations develop worth for their stakeholders and the wider society,” states Tony Soh, PRESIDENT, NVPC.
Over the last three years, 1,046 recognised Companies of Good have actually jointly provided close to $384 million in amount contributions, greater than $85 million in contributions in-kind, and over 1.1 million volunteer hours.
Kassia Condo Tripartite Developers Pte Ltd
Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong governed the activity, providing the Champion of Good awards, while Senior Minister of State for Culture, Community and Youth, and Trade and Industry Low Yen Ling offered the Company of Good– 3 Hearts awards.
Small and medium-sized ventures accounted for most of receivers, composing 376 organisations, or 78% of the total amount.
A total of 481 businesses were recognised as Firms of Good by the National Volunteer and Philanthropy Centre (NVPC) this year, as the initiative noted its 10th anniversary. The acknowledgment honours companies that develop positive social impact in Singapore.
