(TODAY) Businesses not doing enough to help society, says S'poreans

Singapore | Businesses not doing enough to help society, says S'poreans

(TODAY) Businesses not doing enough to help society, says S'poreans

SINGAPORE - Singaporeans think businesses are not doing enough to help society. A recent study by Edelman, the world's largest independent public relations firm, showed that nine out of 10 Singaporeans believe it is important for companies to address societal issues, yet only three in 10 think they are doing enough in this area. The top three social causes that Singaporeans are most concerned about are the environment, healthcare and education. Since 2001, corporate donations to charities in Singapore has doubled to S$507 million in 2010. This accounts for two-thirds of the S$776 million in donations made in the same year. Singapore however, still lags behind developed countries like the United States, where corporate giving comprises 0.38 per cent of GDP, as opposed to 0.17 per cent in Singapore. According to the study, 84 per cent of Singaporeans said that they are more ...

Full article: http://www.todayonline.com/Singapore/EDC120510-0000146/Bu...

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