Questions around this news
What was CapitaLand recognized for at the 2023 Sustainability & CSR Malaysia Awards?
The release says CapitaLand received the Company of the Year Award for community care in the shopping mall category. The recognition was linked to its #GivingBersama 2.0 initiative, which supported children from orphanage homes and schools. It was the company’s second consecutive year receiving an award in the shopping mall category.
What did the #GivingBersama 2.0 initiative provide?
With support from CapitaLand Hope Foundation, the initiative provided daily necessities and school essentials to child beneficiaries from orphanages and schools in Malaysia. Staff volunteers helped distribute the items between October and December 2022. The release describes the initiative as part of a broader campaign and says it aimed to support children and improve their access to education.
What does corporate social responsibility mean?
Corporate social responsibility, often shortened to CSR, refers to how a business considers its effects on people, communities and the environment. CSR activities can include community programs, charitable support, environmental efforts and workplace practices. The term covers a broad range of approaches; what qualifies and how results are assessed can vary between organizations and award programs.
What is a philanthropic foundation?
A philanthropic foundation is an organization that supports charitable or public-benefit activities, often by providing grants, donations or other resources. Foundations may focus on particular causes or communities. They can be established by individuals, families, businesses or other institutions, and their funding arrangements and decision-making structures differ.
CapitaLand was also the first organisation to be awarded the Company of the Year Award for supporting orphanages under the shopping mall category at the Sustainability & CSR Malaysia Awards 2022
Kuala Lumpur, August 14, 2023 -- Ms Selina Ng, Head of Retail, CapitaLand Investment (Malaysia), said: “We are honoured to have received this coveted accolade for two consecutive years and remain committed to making a positive impact by enriching lives and uplifting the communities where we operate. Going beyond donations, we are heartened by the strong support from our employees, tenants, business partners, and the wider community coming together to improve the lives of underserved groups in Malaysia through the #GivingBersama initiative.”
CapitaLand clinched the Company of the Year Award for community care under the shopping mall category at the Sustainability and CSR Malaysia Awards 2023 for its #GivingBersama 2.0 initiative. This is CapitaLand’s second consecutive year receiving this distinction. Last year, CapitaLand received the award in recognition of its support for orphanages. The annual Sustainability & CSR Awards celebrates the outstanding achievements of companies for their sustainability and corporate social responsibility (CSR) efforts in Malaysia.
CapitaLand launched #GivingBersama 2.0, a community initiative aimed at supporting beneficiaries from orphanage homes and schools in Malaysia and improving their access to education, as part of CapitaLand’s #GivingAsOne global campaign. With the support of CapitaLand Group’s philanthropic arm, CapitaLand Hope Foundation (CHF), RM64,000 worth of daily necessities and school essentials were donated to more than 1,200 child beneficiaries from 36 orphanages and schools in Penang, Klang Valley, Kuantan and Johor. More than 80 CapitaLand staff volunteers contributed close to 590 volunteer hours to distribute these items from October to December 2022.
“In particular, we believe that supporting education initiatives can contribute towards building resilience in the community. Since 2011, CapitaLand, with the support of CHF, has helped over 11,200 children in need with donations of more than RM2.2 million in Malaysia,” added Ms Ng.
The #GivingBersama 2.0 initiative followed a successful run of the #GivingBersama campaign launched in Malaysia in 2021. Funded by CHF, the initiative made a meaningful difference to more than 650 vulnerable children from 17 orphanages.
CapitaLand’s presence in Malaysia spans across multiple asset classes including residential, retail, lodging, logistics and business parks. Its retail network comprises seven malls, of which six are owned by CapitaLand Malaysia Trust – 3 Damansara in Petaling Jaya, East Coast Mall in Kuantan, Gurney Plaza and a majority interest in Queensbay Mall in Penang, a majority interest in Sungei Wang Plaza in Kuala Lumpur and The Mines in Seri Kembangan. The other mall is Melawati Mall in Taman Melawati. CapitaLand also operates Nusajaya Tech Park, a 210-hectare industrial park located at Iskandar Puteri, Johor.
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At a glance
- Company
- CapitaLand
- Announcement
- Award
- Location
- Kuala Lumpur, Malaysia
Key figures
- Value of donated necessities and school essentials
- RM64,000
- Child beneficiaries
- more than 1,200
- Orphanages and schools receiving donations
- 36
- Staff volunteers
- More than 80
- Volunteer hours
- close to 590
- Children helped in Malaysia since 2011
- over 11,200
People
- Selina NgHead of Retail, CapitaLand Investment (Malaysia)
