TMLS leads mangrove reforestation efforts in Singapore

Singapore, 20 January 2016 – Recognising the important role that mangrove forests play in mitigating climate change, Tokio Marine Life Insurance Singapore (TMLS), one of Singapore's fastest growing life insurers, today led a mangrove-planting reforestation exercise at the Sungei Buloh Wetland Reserve (SBWR). This marks the insurer’s second company-wide event that aims to protect native mangrove species, in line with various SBWR public awareness initiatives in Singapore, and one of the core objectives of parent company Tokio Marine Holdings (“Protecting the Earth”).

As part of the exercise, TMLS CEO Mr Lance Tay, Tokio Marine Insurance Singapore (TMiS) and TMLS management teams, alongside TMLS staff volunteers, planted a total of 128 mangrove trees at Sungei Buloh Wetland Reserve. The event was also attended by SBWR Deputy Director Mr How Choon Beng, who received from TMLS CEO Mr Lance Tay a donation of S$35,600, of which S$5,600 had been raised through a two-week online campaign on Giving.sg.

"In looking beyond profit for the benefit of our customers, business partners, and society, Tokio Marine Life Insurance Singapore is constantly exploring meaningful opportunities to contribute to a safe, secure and sustainable society," said TMLS CEO Mr Lance Tay.

"Over the last year, Singapore has experienced various weather anomalies, which may be attributed in part to climate change and carbon dioxide emissions; environmental elements that can be effectively mitigated by mangrove forests. Global environmental preservation is a cause that goes a long way towards insuring the future of our next generation, and today, we are proud to be coming together as Tokio Marine, to play our part in protecting and preserving our local mangrove forests."

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We are committed to working for the benefit of customers, business partners and society. As we endeavour to be a preferred life insurance partner for individuals by providing an innovative suite of Retirement, Protection, Savings and Investment-Linked products, and offering customised corporate Employee Benefit solutions to businesses, we also aim to realise a sustainable society through giving back to society. This is an integral part of Tokio Marine’s corporate culture and something that we take pride in doing.

As part of the Tokio Marine Group, Tokio Marine Life Insurance Singapore (“TMLS”) is committed to working “for the benefit of customers, business partners and society”. This value is embedded in our Corporate Social Responsibility (CSR) initiatives and efforts. Our local community and social contribution activities are focused on:

  • Protection of the Global Environment
  • Growth of Young People
  • Safety and Security

 

Protection of the Global Environment

Last year, Tokio Marine Life Insurance Singapore Ltd. (TMLS) contributed to environmental protection through its mangrove planting reforestation activity at Sungei Buloh Wetland Reserve. This “Go Green with Tokio Marine” Corporate Social Responsibility (“CSR”) initiative is aligned with the Tokio Marine Group’s global environment protection efforts towards realising a sustainable society.

The event was attended by TMLS staff and its affiliates who included Tokio Marine Asia Ltd. and TMLS, children from Fei Yue Family Service Centre and senior management members of the National Parks Board (“NParks”). A total of 100 mangrove trees were planted.

At the event, TMLS presented a S$20,000 donation to the Garden City Fund (“GCF”), a registered charity and Institution of Public Character established by NParks. The donation went towards supporting tree planting efforts, and education and conservation programmes under the GCF. TMLS also involved the children from Fei Yue Family Service Centre in this CSR activity to educate them on the importance of environmental protection.

The Tokio Marine Group has led the Mangrove Planting Project since 1999 and it considers mangroves to be the “insurance for the future of the Earth”. Mangrove forests serve as natural levees to protect people’s lives and local ecosystems from coastal erosion, high tidal waves, storm surges and other natural disasters. The roots of mangrove trees also create a rich ecosystem for various species that seek sanctuary in this environment, such as birds and other marine life. As of March 2014, approximately 8,400 hectares of mangrove forest have been planted in 9 countries, covering Southeast Asia, South Asia and Fiji.

Community Service

Cheng Su Lan Methodist Children’s Home and Paya Lebar Wellness Centre

Last year, TMLS with Tokio Marine Asia (TMA) and Tokio Marine Insurance Singapore Ltd. (TMiS), in collaboration with People’s Association and Paya Lebar Constituency, brought 20 underprivileged children from Cheng Su Lan Methodist Children’s Home and 40 elderly senior citizens from Paya Lebar Wellness Centre on an excursion to River Safari.

This activity by Tokio Marine aims not only to promote positive attitude towards community service regardless of age, but also to encourage the children from the Home to live positively despite their disadvantaged conditions.

Donation to Rainbow Centre

In 2012, TMLS, TMA and TMiS donated an aggregate sum of S$12,000 to Rainbow Centre, to help raise funds to support its Early Intervention Programme for children requiring special needs.  Rainbow Centre Singapore is a registered charity that runs two special education schools and two early intervention centres.  It provides therapy services, professional training and consultation to enhance the quality of life of children diagnosed with special needs associated with Down syndrome, Cerebral Palsy, Autism Spectrum Disorder, Developmental Delay or other neurological conditions from birth to six years old.

Tokio Marine companies in Singapore were represented by a group of 15 staff who participated in the event at its Rainbow Centre Yishun Park School.  Participating in the walk were stakeholders and partners of Rainbow Centre consisting of their students and their caregivers, the Centre’s staff, students from mainstream preschools and schools, funders, supporters, donors, partners from the public and private sectors and volunteers.