The Australian. Business. Tuesday 23rd July.
Banks, retailers and energy miners delivered among the biggest corporate donations over the past year, although just 10 ASX-listed companies provided 80 per cent of donations from business.
Despite a double-digit lift in charitable donations by the embattled financial services sector in the shadow of the Hayne royal commission, Australian business still trail their global peers when it comes to giving.
The second annual GivingLarge Report compiled by Strive Philanthropy and supported by Philanthropy Australia found the top 50 listed companies donated $945 million to community causes last year, up 11 per cent from the year before.