Between 2019 and 2023, the Hong Kong Jockey Club and its Charities Trust’s average annual philanthropic giving was US$575 million. It is topped by three European names — the UK’s AstraZeneca, in third place; the Netherlands’ Postcode Lottery Group, in sixth place; and Germany’s Deutsche Telekom, in seventh place.
Four Asian organisations are among the world’s 20 largest “corporate givers”, creating initiatives that support charitable activities that contribute positively to social and environmental outcomes, according to a new report by global non-profit The Bridgespan Group.
Together, these four firms contribute more than US$1.6 billion ($2.06 billion) annually to philanthropic causes. They are: the Hong Kong Jockey Club and its Charities Trust (in eighth place), Samsung (12th), Tencent (14th) and China Three Gorges Corporation (20th), according to the second report in Bridgespan’s multi-year series, released on Sept 9.
