Corporate contributions: Australian companies who know how to give
Australian businesses give in a range of ways – whether it’s donating their skills and time, through workplace giving or financially supporting community programs or charities. Here we have rounded up a few that were recently recognised for their giving efforts.
Australia’s best ASX workplace givers
Workplace giving is a highly beneficial way for charities to receive donations, while also being an efficient way for businesses to give and engage staff. These are just some of the benefits promoted by the Australian Charities Fund (ACF) in their One Million Donors campaign, which hopes to see one million Australians sign up for workplace giving by 2020.
The ACF recently recognised ten Australian ASX companies for their charitable efforts through workplace giving (based on the number of employees participating in workplace giving). Speaking to SMH, Richard Murray, chief executive of JB Hi-Fi, which topped the list, said the company and its employees had donated $1.6m through workplace giving this year, and $10m since 2008.
The ASX top ten workplace givers were:
- JB Hi-Fi
- Collins Food Group
- Pacific Equity Partners
- Event Hospitality and Entertainment
- Flight Centre
- BHP Billiton
- Corrs Chambers Westgarth
- Pricewaterhouse Coopers
BHP Billiton among 2015’s biggest philanthropic givers
Figures released by Pro Bono Australia News earlier this year found that BHP Billiton were among the companies and individuals to made the biggest philanthropic gifts in 2015. This included $22m to the Australian Mathematical Sciences Institute – which will help fund a program called Choose Maths to encourage girls to study maths and statistics – as well as $10m to the Anzac Centenary Public Fund and $4.2m to CSIRO Education In Australia.
Community Contribution award winners
The Australian Business Awards for Community Contribution recognise the efforts of businesses that implement policies or execute projects that positively impact communities and generate beneficial long-term outcomes. Among the 2015 award recipients were:
- Medibank were recognised for their Medibank Community Fund (MCF). Established in 2011, the private health insurance provider puts one per cent of their profit into the fund, which supports a range of projects including mental health and school based healthy living programs and Indigenous health and wellbeing initiatives. More recently they developed a CSR strategy that aims to promote the benefits of preventative health.
- The Good Guys undertook a five-year partnership with Jamie Oliver that aimed to inspire people to cook healthier food in an attempt to help tackle obesity. They also funded his Ministry of Food Australia, which taught basic cooking skills to 20,000 people nationally.
- NRMA allocate 0.6 per cent of their pre-tax profit to community activities and 30 per cent of staff take paid volunteer leave every year. NRMA also works with groups like Buy A Bale, which supports farmers impacted by the drought, who they raised (with the help of staff and donors) over $86,500 for in 2015.
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