AFR Corporate Philanthropy 50 List 2023
JBWere has compiled the Financial Review Corporate Philanthropy 50 List exclusively for the AFR since 2019.
This year’s top 3 givers of single donations are:
- $222.2m – BHP
- $151.90m – Coles
- $122.1m – Woolworths
Latest findings show:
- Total corporate giving exceeded $1.5 billion for the first time. This is up almost 10% for 2023 and almost 50% since the first list was produced in 2019.
- The growth in corporate giving and HNW giving (from the AFR Philanthropy 50 list) is in stark contrast to the mass market giving which is struggling with cost-of-living pressure.
- Some of the big percentage increases in the second half of the list, shows the growing focus on corporate community investment is trickling down.
2023 Top 10 List
| Company | Community investment | |
|---|---|---|
| 1 | BHP | $222.2m |
| 2 | Coles | $151.9m |
| 3 | Woolworths | $122.1m |
| 4 | Rio Tinto | $90.1m |
| 5 | Westpac | $65.1m |
| 6 | Newcrest Mining | $64.4m |
| 7 | CSL | $63.3m |
| 8 | NAB | $55.6m |
| 9 | CBA | $53.5m |
| 10 | South32 | $41.1m |
$12B in charitable assets
JBWere’s Philanthropic Services team manages $12B in charitable assets across Australia and New Zealand.
"The really pleasing aspect of the past two years has been how both large-scale private and corporate giving has stepped up, firstly during bushfires and then COVID-19.
The doubling in giving since our first list six years ago and the 13 new names this year, including five large bequests, shows the growing spread of philanthropy and hints at the potential for much more.”
– John McLeod, Philanthropy Senior Research Consultant, JBWere
Philanthropy lists
AFR 2023 Corporate Philanthropy 50 List
AFR 2023 Philanthropy 50 List
AFR 2022 Corporate Philanthropy 50 List
AFR 2022 Philanthropy 50 List
AFR 2021 Corporate Philanthropy 50 List
AFR 2021 Philanthropy 50 List
AFR 2019 Philanthropy 50 List
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