2008 COMMUNITY GOALS
- Enable 1,500 people to participate in Saver Plus, reach 30,000 people through MoneyMinded and achieve 300 Progress Loans participants
- Achieve 70,000 hours of staff volunteering across the Group and 15% participation in payroll giving
- Achieve the commitments in our Reconciliation Action Plan
ANZ'S COMMUNITY INVESTMENT
| Types of Contributions | |
|---|---|
| Cash | $10,737,964 |
| Time (volunteering) | $3,335,940 |
| In-kind | $2,443,766 |
| Management costs | $1,292,417 |
| Total contributions* | $17,810,087 |
* Calculated using the London Benchmarking Group model for corporate community investment.
ANZ has made a long-term commitment to improving the financial literacy of some of the most disadvantaged people in society. This year our financial literacy programs were again recognised with another Prime Minister's Award for Excellence in Community Business Partnerships.
- Our Saver Plus matched savings and financial literacy program is now running in 19 locations with 1,385 new participants this year. Independent research shows that 75% of participants from the pilot continue to save the same amount or more one or two years after completing the program.
- More than 22,000 people participated in our MoneyMinded financial education program this year. An additional 1,040 facilitators were trained to deliver MoneyMinded throughout Australia.
- This year, 27% of all ANZ staff contributed a total of 73,098 hours of volunteering activity as part of our ANZ Volunteers program.
- 15% of Australian and 11.6% of New Zealand employees participated in our workplace giving programs. Their contributions, along with ANZ matching funds, totalled $1,108,733 in donations for more than 100 community organisations.
- We completed the pilot of our loans program for low-income earners. 165 Progress Loans totalling $288,260 were written with a 67% approval rate. The average loan size was $1,796.