Woodside's social investment program is focused on creating health and well-being at a personal, community and environmental level.
There are three categories to Woodside's social investment program:
- personal health and well-being;
- community health and well-being; and
- environmental health and well-being.
For more information on our social investment program please refer to the our social investment guidelines.
Please note, in 2012, Woodside undertook a review of our Social Investment Strategy. Work is now ongoing to shape our future strategy. Once this work is complete, an information session will be held to outline our revised strategy. The date of this session is to be advised.
London Benchmarking Group
Woodside is a member of the London Benchmarking Group.
The London Benchmarking Group is an internationally recognised standard for measuring and evaluating our social investments contributions. A three tiered funding structure supporting not-for-profit community-based organisations at a regional, state and national level.
We classify our social investment contributions by these categories:
- Donations – Intermittent support to a wide range of good causes in response to the needs and appeals of charitable and community organisations, increasingly through partnerships between the company, its employees, customers and suppliers.
- Community Investment – Long term strategic involvement in community partnerships to address a specific range of special issues chosen by the company to support its long term corporate interest, to enhance its reputation and to contribute effectively to communities where it can make a positive impact.
- Community Initiative – Activities in the community, usually by commercial departments, to support directly the success of the company, promoting its corporate brand identities and other policies, in partnership with charities and community-based organisations.
Our focus in 2013 is to measure our impacts using the London Benchmarking Group impact tool (view the user guide, or visit http://www.lbg-online.net).
All applicants are asked to review the guide to better understand how they can measure and report the impacts of their programs.
2014 Corporate Applications