In brief
Allianz Malaysia Berhad says its social partner, Incredible Hearts PLT, received a grant of €34,990 (approximately RM177,179) through the Allianz Group’s 2023 Social Impact Fund. The funding covers projects in the Acceleration and MoveNow categories. In Pulau Tuba, Langkawi, Incredible Hearts plans a three-year Financial Literacy & Social Entrepreneurship Module that combines those subjects with local eco-education and customised learning activities. The partners also plan a Junior Entrepreneur Race Camp for primary school children, featuring entrepreneurship and sports. Allianz Malaysia says it has worked with Incredible Hearts since November 2022 on the Sekolah Belantara Eco-Education and Literacy Programme, which serves students from Sekolah Kebangsaan Pulau Tuba. Company employees are expected to contribute through student sessions and programme activities. The company says it has supported the island community since 2019.
Key takeaways
- Incredible Hearts PLT received a grant through the Allianz Group’s 2023 Social Impact Fund.
- The grant supports projects in the Acceleration and MoveNow categories.
- A planned three-year module will combine financial literacy, social entrepreneurship and eco-education in Pulau Tuba.
- A Junior Entrepreneur Race Camp is planned for 80 primary school children.
- Allianz Malaysia says it has partnered with Incredible Hearts on the island since November 2022.
Kuala Lumpur, August 16, 2023 -- Allianz Malaysia Berhad‘s (Allianz Malaysia) social partner, Incredible Hearts PLT (IH), has recently won a total of €34,990 (approximately RM177,179) grant from the Allianz Group’s Social Impact Fund 2023 initiative in the Acceleration and MoveNow categories.
The Social Impact Fund is the Allianz Group’s key programme offering a strategic opportunity for Allianz operating entities around the world to receive funding for their local Corporate Citizenship activities, focusing on building cross-sector partnerships and measurable impact to support next generations.
In cultivating the global brand partnership with the International Olympic Committee and International Paralympic Committee with Social Impact Fund, “MoveNow” initiative is embedded in 2023 Social Impact Fund to bridge corporate citizenship projects around the world to enhance the motto of Olympics – move body, mind and soul!
IH and Allianz Malaysia were among the 19 winners out of 34 applicants from across the globe. IH will implement its acceleration winning project, the Financial Literacy & Social Entrepreneurship Module, a three-year project which is expected to commence in the third quarter of 2023 in Pulau Tuba, Langkawi.
It will be focusing on blending in the Financial Literacy and Social Entrepreneurship into place-based and eco-education, supported by customised, gamified education to enhance learning experiences whilst reviving students’ motivation towards learning, post-pandemic.
Meanwhile, the Junior Entrepreneur Race Camp, which is a three-day-two-night explorace programme that highlights on the principles of entrepreneurship and benefits of sports will be conducted to benefit 80 primary school children on the island.
Allianz Malaysia via its corporate social responsibility arm, Allianz4Good has been partnering with IH since November 2022 to roll out Sekolah Belantara Eco-Education and Literacy Programme in Pulau Tuba involving 40 primary school students aged between 10 to 12 years old from Sekolah Kebangsaan Pulau Tuba.
Head of Allianz4Good, Ng Siew Gek said IH was chosen for its extensive experience on empowering students and communities in rural areas including island communities.
“IH is a social enterprise which focuses on customisable place-based, eco-education training that suits the goal of empowering Pulau Tuba communities with knowledge and skills about conservation, given its status as a geopark.
“We believe IH is the right partner who can execute the plan we have, and provide beneficial trainings for the students in Pulau Tuba,” she added.
Furthermore, IH is able to provide innovative, fun learning approaches for the students, including mini projects, performance arts, and gamification whilst still aligning with the Malaysian Standard Curriculum for Primary Schools.
Allianz Malaysia’s employees will also be volunteering in this programme through informative sharing sessions with the students, as well as during the financial module delivery on the ground and the Junior Entrepreneur Race Camp.
The Company has been supporting the Pulau Tuba communities since 2019. In the year, Allianz Malaysia kicked off a project to establish a community centre in the island with the aim of improving the literacy levels and access to quality education amongst the local community.
In 2022, Allianz Malaysia organised a flood relief mission in Pulau Tuba with support from the Malaysia International Search and Rescue (MISAR).
Eco-education in Pulau Tuba prioritises place-based experiential learning, facilitated by local facilitator
IH with the Sekolah Belantara Eco-Education and Literacy Programme participants and headmaster of SK Pulau Tuba Rizal Mohd Yusof
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Questions around this news
What projects will Incredible Hearts carry out with the grant?
The grant supports two projects. The Financial Literacy & Social Entrepreneurship Module is a three-year initiative planned for Pulau Tuba, combining financial and entrepreneurship learning with local eco-education. The Junior Entrepreneur Race Camp is a three-day, two-night programme that uses activities about entrepreneurship and sport for primary school children.
Who will benefit from the programmes on Pulau Tuba?
The release says the Junior Entrepreneur Race Camp is intended to benefit 80 primary school children on the island. Separately, the existing Sekolah Belantara Eco-Education and Literacy Programme involves 40 pupils aged 10 to 12 from Sekolah Kebangsaan Pulau Tuba. The new module is also planned for the island, with learning tailored to its local setting.
What is a social enterprise?
A social enterprise is an organization that uses business methods to address a social or environmental need. It may earn income through selling goods or services, while directing its work and resources toward a stated public benefit. Its specific legal form, funding model and balance between commercial activity and social goals can vary.
What does place-based education mean?
Place-based education connects learning to the local environment, community, history and culture. Students may explore nearby ecosystems or community issues and use those experiences in classroom learning. The approach aims to make lessons relevant to students’ surroundings and can involve local people as contributors or learning partners.
