Nearly 400 businesses lauded for making a difference in society

A record 393 businesses in Singapore have been recognised as a Company of Good by the National Volunteer and Philanthropy Centre (NVPC) for their commitment to making a positive difference in society.

- Shermaine Ang

Among them were 301 small and medium-sized enterprises – nearly double the 155 recognised in 2024.

Collectively, these SMEs' in-kind donations to communities in Singapore rose more than eightfold from $689,520 to nearly $6.35 million over the same period, NVPC's Company of Good Collective Impact Report 2024-2025 stated.

The report was released on July 17 at a ceremony honouring the companies.

At the event, Mr Ong Ye Kung, Minister for Health and Coordinating Minister for Social Policies, conferred the Champion of Good – the highest tier of recognition – on 62 organisations. These organisations stood out for their ability to influence and engage stakeholders such as employees and customers.

NVPC assesses organisations based on their corporate purpose and efforts across five key impact areas: people, society, governance, environment and economic. To qualify, companies have to complete a comprehensive questionnaire covering these areas.

Recognition is given in four tiers, starting from Company of Good - 1 Heart as the entry level.

Speaking at the event, Mr Ong said: "Fragmentation of work and individuals retreating into their own cyberspace can undermine the organisation over time, and we need to counter such forces.

"And one way to do so is to emphasise the value of individuals physically coming together to accomplish more than their business objectives, to help others, to bring about social changes."