Thursday, May 9, 2024

Jollibee Group Awarded Global Good Governance Nod for Social Development Initiatives

3G AWARDEE 2024.  On behalf of Jollibee Group and JGF, Jollibee Group Chief Business Officer Joseph Tanbuntiong highlighted in his acceptance speech during the Global Good Governance Awards the company’s goal to help shape various communities through sustainable business practices.


At the 9th Global Good Governance Awards, also known as the 3G Awards, which were held in Taguig City, the Jollibee Group was recently presented with the "3G Championship Award for Community Development and Philanthropy 2024."

Jollibee Group received the award from Cambridge International Finance Advisory (Cambridge IFA), a global financial services intelligence house, for leading initiatives that have improved the community through the Jollibee Group Foundation (JGF), the company's social development arm. The Jollibee Group's efforts to improve their business practices in order to support the UN Sustainable Development Goals were also acknowledged by the award.

“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. 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.” ~Ernesto Tanmantiong, President and Chief Executive Officer of Jollibee Group

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.


Through its Farmer Entrepreneurship Program, which focuses on agro-entrepreneurship, and its Busog Lusog Talino Feeding Program and Access, Curriculum, and Employability (ACE) Scholarship Program, which focuses on education, JGF works to improve access to food. Along with collaborating with national government agencies in the Philippines and other nations, the Foundation also directs the FoodAID program's disaster response efforts.

Additionally, JGF and Jollibee Group recently collaborated with the Department of Trade and Industry to host a learning session wherein their executives taught micro, small, and medium-sized businesses business development and management skills. 

Additionally, JGF and Jollibee Group strengthened their environmental stewardship efforts by incorporating reforestation and mangrove protection into their CSR initiatives. To improve their collaboration on these projects, they recently inked a Memorandum of Understanding with the Department of Environment and Natural Resources. 

Every year, the 3G Awards program honors social responsibility, openness, and good governance. Numerous organizations and individuals from the corporate world, philanthropic and social sectors, and government and politics from various nations attended. The 3G Awards, which have been held in various locations across the world for the past nine years, made their debut in Manila this year.










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

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