Sompo Japan Foundation extends âoverseas grantsâ with an aim to improve overseas social welfare.
Online PR News – 28-January-2013 – Tokyo – Sompo Japan Foundation (President: Masatoshi Sato; hereinafter âthe Foundationâ), an organization to which Sompo Japan Insurance Inc. (President: Kengo Sakurada; hereinafter âSompo Japanâ) makes charitable contributions, extends âoverseas grantsâ with an aim to improve overseas social welfare.
Upon soliciting applications from non-governmental organizations (NGOs) that carry out social welfare activities in ASEAN member nations, the Foundation has decided to provide a total of 4 million yen in grants to six organizations. Grant presentation ceremonies are scheduled to take place in the countries of the organizations by the end of March 2013.
1. Overview of âOverseas Grantsâ
The Foundation has extended âoverseas grantsâ since 2010 with an aim of scaling up the grant system implemented in Japan and improving overseas social welfare (especially in developing countries and regions). âOverseas grantsâ are provided for social welfare activities of NGOs that are implemented in the countries from which the Foundation solicits applications, based on the recommendations of employees at Japanese firms who are stationed in the countries. This fiscal year, applications were solicited from ASEAN member states (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam).
2. About the Recipients of the âOverseas Grantsâ
Based on a rigorous review conducted by the selection committee, the Foundation has decided to extend a total of 4 million yen in grants to six NGOs headquartered in Singapore, Malaysia, the Philippines, Thailand, and Myanmar. The details are as shown at the bottom of the page. Grant presentation ceremonies are scheduled to take place at each of the grant recipient locations by the end of March 2013.
Note: Sompo Japan Foundation was established on October 1, 1977 with the charitable contributions of Yasuda Fire and Marine Insurance Co., Ltd. (now Sompo Japan) as an arm to carry out the social contribution activities of the company. The main activities of the Foundation aside from âoverseas grantsâ include the provision of grants to social welfare organizations for the purchase of automobiles, the awarding of âSompo Japan Foundation Awardsâ which honor outstanding academic social welfare works in Japan, as well as the provision of research grants and the holding of workshops and seminars on social welfare, social insurance, and Property & Casualty insurance.
The list of Recipients (Country / Organization name / Grant amount)
- Singapore / Singapore Disability Sports Council / 500,000 yen
- Malaysia / Rajang central zone Community Service Association (RCS) / 500,000 yen
- Philippines / Adaptive Technology for Rehabilitation, Integration and Empowerment of the Visually ImpairedďźATRIEVďź / 800,000 yen
- Thailand / Foundation for Women / 1,000,000 yen
- Thailand / AUTISTIC THAI CHONBURI CENTER / 500,000 yen
- Myanmar / Free Funeral Services Society / 700,000 yen
About Sompo Japan
Sompo Japan Insurance Inc. is a leading provider of Property & Casualty insurance in Japan. Together with Nipponkoa Insurance CO., Ltd., it established NKSJ Holdings, Inc. a joint holding company as comprehensive service provider group for risk and asset management in 2010 and is now preparing for a merger as âSompo Japan Nipponkoaâ by 2014.
As a long-time leader in CSR, Sompo Japan strongly commits to build sustainable society focusing on its own CSR material issues such as climate change and sustainable finance. The company is regularly recognized for our efforts to sustainability. Recent awards are âWorldâs Most Ethical Companiesâ in 2012, âSAM Silver Classâ in 2011, and âGlobal 100 Most Sustainable Corporations in the Worldâ in 2009 and 2010.
Corporate Communications Department
Sompo Japan Insurance Inc.
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