Social Contribution

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Woodside seeks to make a positive contribution to the communities in which we operate. One way we do this is through our social contribution program.

Our social contribution strategy focuses on creating capacity and capability development for local host communities through long-term, strategic investment in the communities where we operate.

We understand each community is unique. Our goal is to have local representation and processes in place to ensure we understand and respond to local community issues, aspirations and expectations across our three priority areas.

Our social contribution priority areas align with the United Nations Sustainable Development Goals and are applied globally. These are:

Create Opportunities:

  • Create quality education and lifelong learning opportunities; and
  • Create sustained and inclusive employment.

Build Resilience:

  • Build communities that are inclusive, safe and sustainable; and
  • Build communities where innovation is used to benefit future generations.

Improve Knowledge:

  • Improve understanding of climate change and our response; and
  • Improve knowledge and use of our land, air and seas.

Each year we provide financial and in-kind support to a wide range of not-for-profit and community-based organisations across three main funding types:

  • Partnerships: strategically aligned sponsorships (community investments or commercial initiatives) with individual not-for-profit community-based organisations;
  • Collaboration: strategic alliances between not-for-profits, community and government organisations focused on achieving an agreed social outcome, specifically early childhood development through the Woodside Development Fund; and
  • Philanthropy: community grants (donations), workplace giving and corporate volunteering.

Video: Our Contribution to WA

 

 

The Woodside Development Fund

In February 2014, Woodside CEO Peter Coleman launched the Woodside Development Fund, an A$20 million commitment over 10 years to support programs and organisations that focus on early childhood development.

The Woodside Development Fund aims to bring a collaborative approach to reducing developmental vulnerability and improving outcomes for children aged 0 to 8 years old.

Together with others committed to early childhood development, we support projects that will:

  • Bring about meaningful, long-term positive change in communities;

  • Build a sustainable workforce for the future; and

  • Demonstrate impact through a shared monitoring and evaluation process.

More information about the work supported by the Woodside Development Fund can be found on Canvas or by downloading the brochure.