Here’s a breakdown of the facts presented in the text:
Overall Impact of Companies of Good:
Financial Contributions: Companies contributed an annualised $357 million in donations and almost $73 million in in-kind support to benefit communities in Singapore.
Volunteer Hours: Collectively,companies contributed 1.07 million volunteer hours.
Supplier Diversity: 104 companies in the 2025 cohort engaged diverse and inclusive suppliers, including charities and social enterprises.
Specific Company Examples:
sheng Siong Group:
Offers a 4% special discount for senior citizens on tuesdays and Wednesdays.
Offers a 4% discount on Thursdays to blue CHAS card holders to ease the impact of the rising cost of living.
Diversifies food sources for supply chain resilience and cost stability.
expanded its house brand range to 1,750 products, offering savings of 5% to 20% compared to national brands.
Seah Kim Cheok Construction:
Launched the “Grow Studio” app to provide English and digital literacy programs for migrant workers.
The app helps workers understand safety instructions and navigate daily life.
In 2021, the app was spun off into “Grow Education,” a registered charity offering in-person lessons.
Migrant employees have shown increased confidence in communication and can assist with reports and safety forms.
The Courage Chapter:
Recognized as a Company of Good – 3 Hearts for articulating corporate purpose and having a plan to scale impact.
Co-founded in November 2023 to match senior professionals with companies through part-time or project-based work.
Has placed 43 seniors in work opportunities and partners with over 30 organizations, primarily in the social sector.
Reduces risk for seniors and companies through a one-day immersion and a two-month “reternship” (with a monthly stipend of about $1,500) before potential long-term employment.
