Jollibee Group Awarded Global Good Governance Nod for Social Development Initiatives
MANILA, Philippines. – The Jollibee Group was recently honored with the “3G Championship Award for Community Development and Philanthropy 2024” at the 9th Global Good Governance Awards or 3G Awards held in Taguig City.
CHAMPIONING COMMUNITIES THROUGH CSR. Jollibee Group Foundation’s President Gisela Tiongson (center) and Jollibee Group’s Chief Business Officer Joseph Tanbuntiong (right) accepted the trophy for 3G Championship Award for Community Development and Philanthropy 2024 during the Good Governance Awards on April 29. With them is the Global Good Governance Chairman, Dr. Humayon Dar, who presented the award.
Cambridge International Finance Advisory (Cambridge IFA), a global financial services intelligence house, conferred the award on Jollibee Group for spearheading programs that have made a positive impact on the community through its social development arm, Jollibee Group Foundation (JGF). The award also recognized Jollibee Group’s efforts in strengthening their business practice to contribute to the UN Sustainable Development Goals.
“We are honored to receive such a prestigious award from Cambridge IFA. This recognizes the hard work that the Jollibee Group Foundation has done through decades – inculcating our knowledge on food to uplift the livelihood of farmers, feeding schoolchildren so they can graduate, and providing thousands of meals in disaster-stricken areas. We share this recognition with our partners in the government, NGOs, and our employee volunteers for getting together to help achieve a wider impact on more communities,” said Ernesto Tanmantiong, President and Chief Executive Officer of Jollibee Group. “We will remain committed to improving our business practices and empowering our employees as we continue to serve great-tasting food and bring the joy of eating to everyone.”
JGF promotes improved access to food by implementing programs on agro-entrepreneurship through its Farmer Entrepreneurship Program and on education through the Busog Lusog Talino Feeding Program and the Access, Curriculum, and Employability (ACE) Scholarship Program. The Foundation also spearheads disaster response efforts through the FoodAID program while working with partner organizations and national government agencies in the Philippines and other countries.
Jollibee Group and JGF also recently partnered with the Department of Trade and Industry for a learning session wherein their leaders imparted business development and management knowledge to micro, small, and medium enterprises.
Moreover, Jollibee Group and JGF reinforced their environmental stewardship effort by including mangrove protection and reforestation in its CSR programs. They recently signed a Memorandum of Understanding with the Department of Environment and Natural Resources to strengthen their cooperation on these initiatives.
The 3G Awards is an annual program celebrating good governance, transparency, and social responsibility. It was attended by hundreds of individuals and institutions from government and politics, the corporate sector, and the social sector and philanthropy from different countries. This is the 9th year for 3G awards which has been held in different parts of the globe and was held in Manila for the first time.
About Jollibee Group
Jollibee Foods Corporation (JFC, also known as Jollibee Group) is one of the fastest-growing restaurant companies in the world. Its mission is to serve great-tasting food and bring the joy of eating to everyone through its 18 brands with over 6,900 stores across 33 countries.
The Jollibee Group has eight wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger); four franchised brands (Burger King, Panda Express, and Yoshinoya in the Philippines, and Tim Ho Wan in certain territories in China); 80% ownership of The Coffee Bean and Tea Leaf; 60% ownership in the SuperFoods Group that owns Highlands Coffee; and 51% ownership of Milksha, a popular Taiwanese bubble tea brand. JFC also has a business venture with award-winning Chef Rick Bayless for Tortazo, a Mexican fast-casual restaurant business in the United States.
The Jollibee Group, through its subsidiary Jollibee Worldwide Pte. Ltd. (JWPL) owns 92% participating interest in Titan Dining LP, a private equity fund that owns the Tim Ho Wan brand. The Jollibee Group has a joint venture with the THW Group to open and operate THW restaurants in Mainland China. The Company also established a joint venture company that will own and operate Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines. Recently, the Jollibee Group signed agreements to own 10% ownership in Botrista, a leader in the beverage technology space. The Company also owns a 90% participating interest in Titan Dining Partners II Ltd to further grow Asia Pacific food service brands and/or bring strong global food service brands to Asia Pacific.
The Jollibee Group has launched its global sustainability agenda dubbed Joy for Tomorrow, which aims to strengthen the Company’s commitment to sustainable business practices. The agenda centers on the key pillars of Food, People, and Planet, and consists of 10 focus areas namely: food safety, food quality, nutrition & transparency, employee welfare, farmers livelihood, community support, good governance, packaging & recycling, waste reduction, and energy & water efficiency. Each focus area sets goals and initiatives that contribute and align with the United Nations Sustainable Development Goals (UN SDGs).
The Jollibee Group was named the Philippines’ Most Admired Company by the Asian Wall Street Journal for ten years. It was also honored as one of Asia’s Fab 50 Companies and among the World’s Best Employers and World’s Top Female-Friendly Companies by Forbes. The Company is also a three-time recipient of Gallup’s Exceptional Workplace Award and was recently cited in TIME’s List of the World’s Best Companies.
To learn more about Jollibee Group, visit www.jollibeegroup.com
