481 purpose-driven businesses have been recognised as Companies of Good in 2026. This has brought the total number of companies conferred under the refreshed Company of Good (COG) Recognition System to 1,046 over three years.
This milestone comes as the Company of Good movement marks its 10th anniversary this year and reflects the growing adoption of Corporate Purpose across Singapore’s business community, said National Volunteer and Philanthropy Centre’s (NVPC) report.
Together, recognised Companies of Good over the past three years have contributed nearly S$384 million in donations, over S$85 million in donations in-kind, and more than 1.1 million volunteer hours, demonstrating the tangible impact that purpose-driven businesses have created for society.
This was announced at the NVPC’s Company of Good Conference and Conferment at Fairmont Singapore, where close to 700 business leaders gathered. NVPC is the national agency dedicated to growing a culture of volunteerism and philanthropy in Singapore.
Deputy Prime Minister and Minister for Trade and Industry, Mr Gan Kim Yong, attended the event as the guest of honour, conferring the Champion of Good recognition to 63 organisations.
Senior Minister of State, Ministry of Culture, Community and Youth and Ministry of Trade and Industry, Ms Low Yen Ling also graced the event as Special Guest, conferring the Company of Good – 3 Hearts recognition to 113 organisations.
In her keynote address at the conference, themed “10x: Multiplying Impact Through Purpose,” she highlighted the growing imperative for businesses to embed purpose into their core strategy.
NVPC’s COG recognition system recognises organisations in Singapore for their commitment to Corporate Purpose and contributions across five areas – People, Society, Environment, Governance, and Economic.
Designed around the principles of inclusivity and progression, the recognition system celebrates organisations at different stages of their journey, which include recipients of the Company of Good – 1 Heart, Company of Good – 2 Hearts, Company of Good – 3 Hearts, and Champion of Good.
This year, 481 companies were conferred, comprising 63 Champions of Good, 113 Company of Good – 3 Hearts, 128 Company of Good – 2 Hearts, and 177 Company of Good – 1 Heart recipients. Small & Medium Enterprises formed the majority of this year’s cohort, with 376 companies (78 per cent), followed by 103 Large Enterprises (21 per cent) and two Public Service Agencies (0.4 per cent).
The scale of participation reflects how broadly Corporate Purpose has taken root across Singapore’s business landscape. Organisations participating in the COG recognition system continue to create meaningful impact for society and communities in Singapore.
NCS exemplifies this progression, having advanced from a Company of Good – 3 Hearts recipient in 2025 to a Champion of Good in 2026.
Over the past year, NCS increased its donations and more than doubled its volunteer hours from almost 4,700 to 9,800. NCS, an AI-led tech services company, leveraged its technology expertise to create positive societal impact through initiatives spanning digital inclusion, education, and youth development.
Nava 1872, operating as The 1872 Clipper Tea Co., has similarly progressed from a Company of Good – 3 Hearts recipient in 2024 to a Champion of Good in 2026.
In support of The National Kidney Foundation, The 1872 Clipper Tea Co. has created employment and skills development opportunities at its tea bars for individuals undergoing treatment who may otherwise face barriers to workforce participation.
As the Company of Good movement marks its 10th anniversary in 2026, the focus for the decade ahead is on multiplying impact. Companies are encouraged to play a multiplier role within the broader business ecosystem by engaging their value chains and industry relationships, creating opportunities for others to contribute alongside them on their Corporate Purpose journey.
“Ten years on, Company of Good has shown that Corporate Purpose is increasingly becoming an integral part of how organisations create value for their stakeholders and the broader society,” said Mr Tony Soh, CEO, NVPC.
