LBS AWARDED “COMPANY OF THE YEAR”

LBS Bina Group Berhad (LBS) receives the ‘Company of The Year’ recognition for the second time in the listed property developer category at the 2018 CSR Malaysia Awards.

LBS Group Managing Director, Tan Sri Lim Hock San, says, “We are very humbled by this recognition. Giving back to the community has always been an important part of our culture at LBS. This is the philosophy of the LBS Foundation. It is a special platform that helps us focus our efforts guided by four main pillars, namely, education, health, community and the environment. As a home-grown organisation, we are happy to play our part in helping to boost the social-economic status of those in need.”

Over the years, LBS have been actively participating in CSR activities that consistent with the LBS Foundation pillars. LBS has been known as a long term supporter for few organisation and programs such as Kiwanis Club of Kuala Lumpur (KCKL) in their annual Kiwanis Motor Treasure Hunt, local schools and The Star’s Step Up programme and Newspaper-in-Education (NiE).

“Sustainable corporate social responsibility is about continuous efforts to support communities in need and boost the growth of Malaysia’s social-economy. As we continue to grow, we want the community around us to grow together as well. We look forward to growing our social outreach initiatives through the LBS Foundation platform,” concludes Tan Sri Lim.

The CSR Malaysia Award recipients are evaluated based a list of criteria including communication of a clear purpose and goal for a company’s CSR efforts, the impact and significance of the CSR initiative, frequency, and total contributed. Other requirements include transparency in reporting CSR initiatives, creative implementation strategies, the strength of the CSR team and sincerity as well as effectiveness of each initiative.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

11th IGEM 2020 positions Malaysia as a flourishing hub of green industries and finance

The third day of the 11th International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM 2020), continued to serve as a...

Tech enabled startups are agents of innovation in the country, says MOSTI

E-Nation, a flagship annual conference organised by the Malaysian Global Innovation & Creativity Centre (MaGIC) identified agility as key to successful businesses...

Deloitte report finds Malaysia among regional leaders in digital life adoption

An extensive survey conducted by Deloitte across age groups in eight countries in South and Southeast Asia showed that consumers aged between...

CIMB to continue repayment assistance programme

CIMB Bank Berhad and CIMB Islamic Bank Berhad has announced that its repayment assistance programme continues to be made available, to allow...

Gamuda Land launches digital gallery, Gamuda Land Virtual Experiential Gallery

Gamuda Land has launched its innovative digital gallery, Gamuda Land Virtual Experiential Gallery. The gallery is built entirely on a virtual reality...

Must read

How today’s technology is key to industrial and manufacturing sector business continuity in a post-Covid-19 world

By  Dr. Ravi Gopinath, Chief Product Officer AVEVA , How the world does business was changing before the outbreak...

Prioritising digital resiliency in the road to recovery

By Maria Dzhanan, Vice President, Oracle Digital, JAPAC With sixty-one percent of small and medium businesses (SMBs) in Asia Pacific...

Is WFH Stifling Innovation?

Many companies are adopting ‘work from home’ models for employees following their success during COVID-19. The pandemic-induced economic downturn may not necessarily...

Agricultural industrialisation as key to food safety, security & sovereignty

By Jason Loh, Emir Research’s Q3 2020 Focus Group Discussion (FGD) findings has highlighted concerns over food safety, security...