Why Is It Material
Corporate success is sustainable and meaningful only when the organisation can bring a positive impact to the communities. We believe in being a responsible corporate citizen, contributing efforts in building an inclusive and resilient society.
We are committed to being a good corporate citizen where we operate. Making a positive impact to the communities we operate in is directly aligned with our core value of compassion.
How We Manage
We manage, measure and benchmark our corporate community investments in reference to the LBG framework, and will continue to do so to make strategic progress in our corporate community programmes. These programmes, coordinated by our Corporate Social Responsibility Committee, focus on three key areas:
What We Do
We actively promote a purpose-driven giving culture through corporate initiatives and volunteerism among our employees. We invest in our communities to help uplift them as well as support commercial activities that give back to the communities.
We build a culture of giving by creating opportunities for employees to participate actively in community contributions. Our contributions may be financial, volunteering efforts or in-kind contributions. The onset of COVID-19 has led to restrictions on physical interactions, putting our plans for in-person community outreach to a halt, but we continue to contribute in other ways where possible.
We contributed more than $2.8m to the community in FY2020, of which over $670,000 was in support of Community Chest SHARE programme and another $100,000 was donated towards Community Chest’s You’ll Never Walk Alone campaign to support a wide range of social service agencies in their critical programmes during these difficult times. Our efforts in Singapore were recognised at the Community Chest Awards 2020 when we received the Charity Platinum Award and Community Spirit Platinum Award.
We also encourage ground-up employee initiatives that leverage our innovative mindset and expertise to develop solutions that enhances living for communities and those with special needs. For example, in 2020, we designed and produced quality face shields for nurses in four local hospitals in Baltimore, U.S. and made the 3D printing files available online for free download.
We believe that STEM (Science, Technology, Engineering and Mathematics) education can help to create a brighter, better world and have set up book prizes, scholarships, internships and R&D collaborations with institutes of higher learning. In 2020 within Singapore alone, we provided various internship positions for technical and engineering students.
View our Sustainability Report to find out what we did in 2020 and what we will do in 2021.