CAPS Spotlight - December 11, 2024
Centre for Asian Philanthropy and Society (CAPS)
A uniquely Asian, independent action-oriented research and advisory organization.
Dear Friends,
I would like to express my great thanks to our co-hosts, Asian Charity Services and the Hong Kong General Chamber of Commerce (HKGCC) 香港總商會 , for making the Doing Good Index 2024 launch in Hong Kong such a success. A special thank you to the 100+ participants who joined us! It was delightful to share key findings from the report to a full house and to engage in a thoughtful panel discussion about harnessing technology in the nonprofit sector.
Our Director of Research, Dr. Annelotte Walsh , will deliver a keynote address at the Philanthropy and ESG Forum: Driving Impact in a Changing World on 18 December 2024. She will explore major philanthropy trends and the changing ESG space in Asia. You can register for this in-person event here.
This will be our last newsletter for 2024. As we approach the end of the year, I would like to take a moment to extend my warmest gratitude to all of you. The year 2024 has been nothing short of remarkable for CAPS, and we have fully leveraged our strengths in research, advisory, and convening. Our research—both policy and applied—continues to shed light on the rapidly evolving philanthropy landscape in Asia. This includes insights on the current state of Asian funder collaboratives, corporate social responsibility trends among Taiwanese companies, and early childhood education development in Thailand, among other compelling topics. This year has also been enriched by a series of memorable events throughout the region (organized by our team!), where we have utilized our network to gather like-minded, passionate individuals to share ideas and spark innovation.
We will continue to provide data-driven, evidence-based research and foster greater collaboration with our partners for doing good. Lastly, CAPS office will be closed from 25 December to 1 January 2025—wishing you all a joyful and warm holiday season, and here’s to an exciting 2025!
Best,
Co-Founder and Chief Executive
Doing Good: The Latest in Asia
Singapore’s The Majurity Trust has launched a social impact hub, The Foundry , a co-working space now home to 14 social impact organizations. More than S$10 million (approx. US$7.5 million) has been invested in this initiative, providing much-needed resources and programs to these organizations. Read more here.
Nationwide giving campaigns are on the rise across Asia yet academic research on their efficacy remains limited. Stephanie Chiang , Research Analyst at CAPS, examines how major giving events foster a culture of giving in the region. Learn more here.
According to the Sasakawa Peace Foundation / 公益財団法人 笹川平和財団 ’s recent report, catalytic philanthropy—going beyond traditional funding to include multisectoral partnerships—has emerged to tackle persistent social problems in Asia. Find out how a number of Asian foundations are pioneering this approach to create more lasting impact here.
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The China Philanthropy Research Institute at Beijing Normal University has released the country’s first blue book on early childhood development. Albeit at a nascent stage, the sector has received increased government attention in recent years as part of the national strategy to address the aging population. Read more here.
The UNDP , in partnership with the Centre for Impact Investing and Practices (CIIP) , brought together over 80 stakeholders at Vietnam’s SDG Venture Scaler Forum to discuss investment opportunities in climate, healthcare and education. Explore key discussion points here.
India ranks sixth globally in corporate climate action, with more than 120 companies committed to net-zero targets, according to a report by ICRA ESG Ratings . While this seems encouraging, the report stresses that many high-emission companies in the country have yet to make full commitments. Learn more here.
DID YOU KNOW
Source: Doing Good Index 2024: Examining the readiness of Asia’s social sectors to thrive, Centre for Asian Philanthropy and Society
CAPS AT WORK
CAPS’ Co-Founder and Chief Executive, Dr. Ruth Shapiro , shared key findings and interacted with other speakers at the Hong Kong launch of the Doing Good Index 2024.
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