Relationships
Community contributions
Overall community contribution for FY23 was $4.8 million, which is a 21% increase from FY22. Excluding management costs, our contribution increased by 50%. This is due to an increase in volunteering undertaken by our employees and additional investment in community programs as part of the development of our low carbon Energy Hubs.
Notes
Data includes the AGL matched component only of donations raised through payroll giving and fundraising events, and not the donations made by employees.
Matched amounts are included in the year in which the employee donations were made (though the matched payment may have been made after the close of the financial year).
Prior to FY21, naming rights retail sponsorships were included however from FY21 they are no longer included to provide greater alignment with the B4SI framework.
In kind contributions from FY21 have been reclassified as cash contributions based on B4SI guidelines.
From FY21, data includes management costs in line with B4SI guidance. Management costs were not included in prior years.
From FY21, data includes investments accrued in the financial year.