Asian philanthropists now target more strategic giving

As philanthropic giving among Asia’s wealthy grows across the region, a shift to a structured and focused approach to charity is also starting to take place. This is one of the key findings of Something’s gotta give: The state of philanthropy in Asia, a new report from the Economist Intelligence Unit, commissioned by HSBC Private Bank.

The report shows that a number of leading Asian philanthropists are starting to emphasise innovation, scale and measurable results in the execution of their philanthropy, aiming to make a long-term impact on the region’s social issues.