Volunteering Australia, Australia’s volunteering peak body and LBG (London Benchmarking Group), managed by Corporate Citizenship, have launched ‘Corporate Volunteering in Australia: a snapshot’. This paper pulls together data collected through Corporate Citizenship’s LBG framework that has tracked corporate community participation and value in Australia since 2006.
In addition to highlighting the many benefits of corporate volunteering for all stakeholders involved, the snapshot shows that many companies have a corporate volunteering program in place and intend to grow participation. Furthermore, employee participation has grown steadily since 2006, and Australian companies spend more as a percentage of their social investment budgets on corporate volunteering compared to global figures.
The snapshot also indicates that while (LBG member) corporate volunteers contributed over 1 million hours to the community in 2018, there is an additional 500 FTE of corporate volunteering capacity that is not utilised every year.