The findings were released by the London Benchmarking Group Australia/New Zealand (LBG) in a report measuring community investment of 42 LBG member companies including ANZ, Australia Post, Foster’s Group, Mitchell Communication Group and Wesfarmers.
The report reveals member contributions to the community increased by 86 per cent, to $295 million.
The increase was fuelled by the unprecedented corporate response following two major disasters in Australia in February – floods in Queensland and the Black Saturday bushfires in Victoria. Members contributed in excess of $36 million to emergency relief.
The report also found increases in contributions in the 2008/2009 financial year across the board, including:
Third Sector acknowledges the traditional custodians of the lands where we live, learn and work. We pay our respects to Elders past, present and emerging.