Protecting the Environment
Celebrating success by giving back
September 2012
The launch of the Keppel Care Foundation marks a milestone in Keppel’s history of giving as the Group reinforces its philanthropy commitments at a charity concert staged in conjunction with Keppel Offshore & Marine’s (Keppel O&M) 10th anniversary.
Keppel Cares
At the launch on 9 September 2012, Dr Lee Boon Yang, Chairman of Keppel Corporation, shared, “Over the years, the Keppel Group has actively engaged our community in Singapore and abroad where we do business. We have contributed to many charitable activities.
“With the Group’s growing businesses and presence around the world, there is a need to sharpen our focus and organise the efforts and contributions to worthy causes. Hence, we decided to establish a foundation to provide a more structured and sustainable framework for the Group’s Corporate Social Responsibility work at home and abroad.”
The Foundation aims to provide assistance for the needy and underprivileged, promote education and encourage eco-friendly mindsets and initiatives. Keppel will commit up to S$50 million over the next 10 years to the Foundation.
In line with Keppel’s key thrusts of Sustaining Growth, Empowering Lives and Nurturing Communities, the Foundation will support organisations which have been conferred Institutions of Public Character status, and reach out to support worthy causes with the following key objectives:
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Advance and improve the well-being of the poor, needy, aged or underprivileged and promote and foster community spirit;
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Advance the cause of education, whether general, professional or technical;
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Promote, foster and support efforts to improve and protect the environment;
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Provide relief from human suffering and improve the standard of human life by the prevention, combating and treatment of sickness and disease.
Former President of the Republic of Singapore, Mr S R Nathan, officiated the launch, which was held at the Keppelites Charity Concert 2012 to celebrate Keppel O&M’s 10th anniversary. Mr Nathan also witnessed the presentation of cheques from the Foundation totalling $6.7 million to three organisations – National University of Singapore (NUS), Singapore University of Technology and Design and Singapore Polytechnic, in support of new and current programmes advancing education and supporting the underprivileged.
The Foundation is governed by a Board comprising founding directors – Dr Lee Boon Yang, Mr Choo Chiau Beng, CEO of Keppel Corporation and Mr Teo Soon Hoe, Senior ED of Keppel Corporation. Mr Chee Jin Kiong, Keppel Corporation’s Director of Group Human Resources, will concurrently helm the Foundation as its CEO.