On Wednesday, Hong Kong’s FWD Group Holdings Limited (FWD) announced 11 new charitable grants, aligned with its 11th anniversary, which will provide support for local communities throughout Asia.
The community grants are provided for initiatives that are focused on career readiness, financial inclusion, health, and well-being, as well as social entrepreneurship. These include the following:
- Cambodia: FWD is teaming up with the country’s Department of Media & Communication and the Royal University of Phnom Penh to provide training for more than 100 media practitioners to boost financial education. The insurer and its collaborators are also organising a story-writing competition to raise awareness about financial planning.
- Hong Kong: FWD’s grant is allocated to supporting the KELY Support Group in providing peer support training for high school students to improve mental health.
- Indonesia: FWB is working with KUMPUL.ID in extending the InnovateHer Academy 2.0 Accelerator programme, which supports female entrepreneurs in expanding and accelerating innovative solutions in finance and the insurtech space.
- Japan: The insurer is collaborating with the Japan Network for Prevention of Child Abuse and Neglect to leverage the Orange Ribbon Movement in the country.
- Malaysia: FWD’s grant is allocated to support MyKasih Foundation, which provides educational programs focusing on the environment, engineering, math, science, and technology for students from low-income households.
- Philippines: In partnership with Junior Achievement Philippines, the grant will be used to expand their JA SparktheDream financial education programmes for out-of-school youths. Additionally, in collaboration with Fostering Education & Environment for Development, the grant will be used to launch the Forest of the Future initiative, which aims to preserve endemic, indigenous forest trees.
- Singapore: The grant will support Club Rainbow (Singapore)’s Ride and Ralk for Rainbows campaign, which provides services and intervention programmes for children with chronic illnesses.
- Thailand: FWD is sponsoring seven scholarships for students with the Pimali Foundation, an organization that supports underprivileged Thai youths through hospitality training for potential future professions.
- Vietnam: FWD’s grant is allocated for expanding the JA SparktheDream financial education programme in Vietnam. Additionally, the company is working with the Breast Cancer Network Vietnam to provide wigs to underprivileged cancer patients.
In the announcement, FWD Group CEO and Executive Director Huynh Thanh Phong said, “FWD Group has grown, developed and expanded significantly across Asia over the past 11 years, but one thing that has stayed the same is our commitment to caring as a core company value.
As an insurer, we must earn the trust of our customers and communities every day. We’re still a young company and these grants help to demonstrate our commitment to making a positive difference in the lives of people in the communities where we live, work and serve customers.”
