Communities & Relationships
Community contribution by contribution type
Overall community contributions for FY22 were $3.8 million, which is a 28% reduction from FY21. The reduction in community investment is due to a number of factors including our focus on the proposed demerger, the Crib Point Jetty Project not proceeding, and lower management costs compared to FY21. FY22 management costs were lower than in FY21 due to a reduction in the Community Relations team headcount related to the Crib Point Jetty Project not proceeding, and a reduction in the community organisations that AGL is a member of following a review of our memberships.
Notes
Data includes the AGL matched component only of donations raised through Employee 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.