Trade associations and member organisations rally together to take care of employees via the Industry-Led Compassion Fund
Launched in June 2020, the industry-led Compassion Fund has since raised over $1.9 million to provide aid for employees in need.
The results of the programme are attributed to the efforts of seven trade associations and chambers (TACs) that came forward to rally their respective business communities to contribute.
Mr Hsieh Fu Hua, Chairman of the SBF Foundation said, “Charity begins from the heart and businesses can display how they put their employees first and do so on a larger scale. We know many businesses are facing challenges but this is why SBFF, as the social impact arm of the SBF, is building a collective effort through the Compassion Fund to enable TACs and companies to support employees in need together. I am grateful to our industry leaders for their support this past year.”