corporate social responsibility

TAKING HEART

UOB raises S$3.1 million for beneficiaries at its annual run event

Programme supports causes in areas of art, children and education across 25 charities globally

Ben and Jerry's has accused its parent company, Unilever, of dismissing its CEO for supporting the ice cream maker's political activism.
THINKING ALOUD

The unreliable and fickle flavours of corporate values 

Don’t expect firms to display moral backbone – they were never meant to have one

The accounting Big Four’s wishlists for the 2025 Singapore Budget suggest widespread demand for clearer rules on sustainability.
ESG INSIGHTS

Issue 135: Wishing for clear ESG rules in Singapore Budget 2025; new 2035 goals to shape policies now

This week in ESG: Big Four’s green wishlist for Singapore Budget 2025; Singapore’s 2035 climate targets

The core idea of “institutional neutrality” is that organisational leaders don’t go out of their way to take party political positions on behalf of their organisations.

Is your company mired in the culture wars? Stop fighting

A simple recipe for leaders of organisations in polarised times: Plead institutional neutrality on issues that don’t touch your core mission

The event had raised S$103,000 as at Oct 3, with proceeds going to the Business Times Budding Artist Fund. 
TAKING HEART

History comes alive at Children’s Day fundraiser held by BT, CHIJ Kellock and TRCL

Underserved children and youth attending the event play carnival games and watch performing art showcases

By integrating ESG principles into their operations, charities can garner greater stakeholder support, attract new funds and enhance operational efficiency.

KPMG, Charity Council launch ESG playbook for charities 

The guide will benefit about 2,300 such organisations and outlines steps on integrating environmental, social and governance factors into board agendas

The top 1 per cent now hold a greater share of wealth than the entire middle 40 per cent; three decades ago, the reverse was true.
THE BROAD VIEW

How Americans’ trust in Big Business went from bad to worse

There was a time when the growing economy lifted everyone. These days, only the rich seem to be rising

Wee Ee Cheong, UOB’s deputy chairman and CEO (centre) and Ted Tan, vice-chairman of Community Chest (fourth from left, in white) with UOB colleagues at the start line of the 2024 UOB Heartbeat Run on Saturday.
TAKING HEART

UOB run unites 25,000 participants across the region, raises S$2.4 million for 25 charities

The flagship event in Singapore alone contributes S$1.7 million to the pie

Minister for Social and Family Development Masagos Zulkifli at the launch event at the Sands Expo & Convention Centre.

NCSS launches inaugural Sustainable Philanthropy Framework

The move aims to better measure the social impact of companies’ philanthropic efforts for better social outcomes

In the 1990s, the Lego Group suffered a crisis as management diversified into other areas, even as competitors attacked its core business of building blocks.

From Lego to McKinsey, distracted managing can kill companies

Increasing social and political pressures are making it harder for CEOs and companies to focus on what they do best