Relationships
Community contribution by program area
Total community contributions increased by over 25% in FY24, with increased focus on energy literacy and affordability and supporting our partners who provide financial assistance to those in need in communities where we operate. Volunteering participation increased due to coordinated team volunteering opportunities with our community partners, which made it easier for employees to volunteer. Management costs are lower than in previous years due to a decision to cap management cost inclusions to a maximum of 10%, which is similar practice to our community partners' costs of administering the funds we provide them to support the communities they serve. Workplace giving data includes AGL's matching from 21 May 2024 when our new workplace giving platform went live.
Community contributions at our assets is the total of community contributions at assets that AGL operates. Prior to FY21, data only included funding grants allocated through a publicly advertised expression of interest process which was open to all organisations and associations operating within the community which met a specific set of criteria. |
Management costs include pro-rata salaries for community related roles, B4SI annual membership, workplace giving platform licence fees and social impact assessment costs. |
Corporate partnerships includes national partnerships and programs. |
Workplace giving only includes AGL's matching component. |
Employee volunteering is the cost of employee volunteering time paid by AGL. |
NR: Not reported |