Australia’s top corporate givers announced
Australia’s largest workplace volunteering platform has revealed the 40 companies that are excelling at community giving
Australia’s largest workplace volunteering and fundraising platform, GoodCompany, has revealed the top workplaces that give back to the community.
IAG, Australia’s largest insurer, topped the list, closely followed by Origin and National Australia Bank (NAB). The 40 best companies demonstrated a strong support to the community through volunteering, payroll giving, fundraising and prosocial initiatives.
GoodCompany’s CEO, Ash Rosshandler, said: “We believe that this can become a true measure of a company’s success. Just as their yearly profits are viewed as a success measure, so too will their focus on contributing to the community around them.”
Rosshandler added that companies benefit from Corporate Social Responsibility (CSR) programs, including in how they attract and retain staff.
“Many professionals are looking for workplaces with meaning. But it’s not easy to find out which companies share the same values as they do. They are keen to give back to communities that they feel passionate about.”
GoodCompany identified 88 per cent of the 40 companies offered paid volunteer leave and 61.4 per cent offered a budget to support volunteering initiatives. Whereas the majority offers a single day to volunteer, more than 20 per cent offers two or more.
“This shows a true commitment to meeting the needs of charities as many of the skilled volunteering projects require more than a day to create an impact.”
Companies, like the top-rated IAG, include a payroll giving option for employees and promote giving through foundations and volunteering programs.
IAG Foundation Board Member, David Harrington, said: “We encourage our people to nominate charities they are passionate about and through the IAG Foundation they are able to make a positive contribution through workplace giving and volunteering.
“In recognition of their support we match each contribution dollar for dollar.”
To determine the top rated companies, internal practices were reviewed surrounding workplace volunteering, payroll giving, community-based sponsorships and further commitment in diversity, reconciliation, green energy and recycling programs.
The companies were then ranked depending on the size of the programs, the broader context that the programs operate in and the innovation of the ideas.
Head of Corporate Responsibility Engagement at NAB, Nicola Murphy, said: “As a workforce of 300,000, we understand the impact our people can have so we actively encourage and support them to become involved in their community.”
Rosshandler was encouraged by the community commitment of these companies, but is aware that it is often difficult for charities to be on the radar.
“We want charities to learn which companies can support them and in what ways. As GoodCompany works with over half of the companies listed, we also hope charities will contact us to see how we can best connect them to these companies.
“It’s encouraging to see how important giving back to those in need has become to companies of all shapes and sizes in Australia.”
The top 40 ‘Good Companies’ are:
- Flight Centre Travel Group
- Small Giants
- Commonwealth Bank
- CSL Limited
- Toyota Australia
- Fuji Xerox Australia
- VIVA Energy Australia
- Zurich Financial Services Australia
- Corrs Chambers Westgarth
- Pandora Jewellery
- nbn co
- Konica Minolta Australia
- nib health funds
- Pro Bono Australia
- Netwealth Investments Limited
- Event Hospitality & Entertainment
- Spotlight Holdings Group
- Stone & Wood Brewing Co.
- Gilchrist Connell
- Variance Infotech Pty Ltd
- American Express Global Business Travel
- QBE Insurance
- Colin Biggers & Paisley
- Stone & Chalk
- Synchronicity Consulting t.a. Spark Strategy
- PageUp People Limited