Tag: LBG

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BACS is pleased to announce the NZ Business Giving Report completed with our partners is now online

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This report is the first in a programme of work that Generosity NZ, Business and Community Shares (BACS) and the London Benchmarking Group (LBG) have collaborated on to inform the generosity sector on Business Giving.

Its aim is to contribute to effective and efficient decision-making, whether the reader is involved in delivering a Business Giving programme, considering such involvement or contemplating engaging a business in their community activities.

Through this report, we hope to grow an understanding of the contribution companies make to communities, increase awareness of the importance of measuring the quality of those contributions both in the communities and in the companies and, encourage the growth of Business Giving in New Zealand. This is the beginning of a bigger body of work. Read more

Jess of LBG

Measurement the key to healthy corporate-community partnerships

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In my experience working with corporate-community partnerships, one of the key benefits of building measurement into the relationship is the ability to have an earnest discussion that goes deeper than the vision of the partnership, to encompass measurable objectives that can be tracked and assessed over time.

By Jessica Pattison.

It sounds straight-forward, however it’s a vital step that is often overlooked.

Last year I facilitated a number of workshops for LBG member companies and their community partners to discuss how best to measure the social impact of their partnerships.

During the workshops I used LBG’s social impact methodology to take each partnership through a process of clarifying their strategic intent and mapping their intended impact. This led to a clear plan for measuring and reporting the outcomes achieved. Read more

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Director of LBG AU/NZ has been shortlisted for the Impact 25

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Director of LBG Australia and New Zealand, Simon Robinson, has been shortlisted for the inaugural Impact 25. 

Simon Robinson

An initiative of Pro Bono Australia, Impact 25 will honour the 25 most influential people in the social sector.

Simon’s nomination reflects his tireless work in the corporate community investment space. As LBG Director, Simon has been a vocal advocate for Australasian companies to step up to global standards and donate a greater percentage of their profits back to the community.

As an Impact 25 nominee, Simon joins the likes of Tim Costello, Noel Pearson, Julia Gillard and Prime Minister Tony Abbott, each of whom was nominated for their impact on Australia’s social economy.

The final group of 25 will be determined by a public poll and announced on December 11.

You can vote for Simon here.

Website: www.lbg-nz.co.nz

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The majority of companies do not measure the impact of their community investments

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Investing in the community is now business as usual for companies. Stakeholders expect it, and it is an integral part of good corporate citizenship.

However, the majority of companies in Australia and New Zealand do not measure the impact of those community investments. But a longitudinal study between LBG Australia & New Zealand and The Centre for Corporate Public Affairs (CCPA) could help to change that, and in doing so drive up the amount companies invest in their communities.

How much do corporate Australia and New Zealand actually invest? That number can be roughly extrapolated: LBG Australia & New Zealand’s 50 member companies reported total community contributions of AU$237 million (~$219 million) in 2013 (for more detail, see http://2013review.lbg-australia.com/#inputs). Meanwhile, the Australian Bureau of Statistics tells us that there are more than 3,500 businesses with 200-plus employees, which is where the vast majority of the LBG membership would sit.

So even if non-LBG members contribute only 25 percent of what LBG members report, corporate Australia contributes billions of dollars annually in money, time, goods, and services to the community. I’d hazard a guess that the real impacts of that are being measured by less than 1 percent of the businesses making the contributions. Read more

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Social impact measurement study - Phase 1 report released

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LBG & The Centre for Social Impact have released a full report on the findings from Phase 1 of a longitudinal study, “Measuring the social impact of corporate community investment.”

The report by the Centre for Corporate Public Affairs, is based on analysis, findings and recommendations , on how companies and their corporate community investment management functions, can take the next step to evolve their investments in the community by understanding the social impact of their investments.

The study report represents the work of one year as part of what is hoped will be a four year longitudinal study to develop a robust management process that can be embedded in how corporate community investments are managed – including with community partners – so companies and their stakeholders can understand if those investments are generating a social impact in the community. Eight LBG members participated in the study, including Medibank and Woodside who contributed two case studies each. Read more

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Australian and New Zealand companies come together for benchmarking results event

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The annual plenary provided attendees with the opportunity for peer learning through sharing best practice case studies on topics such as shared value, collective impact and cross-sector partnerships. 

Led by the Steering Group and LBG team, the annual plennary provided a once yearly opportunity for members from across Australia and New Zealand to come together. Notes about the event. Read it here.

The 2013 results are in the annual LBG benchmarking report, this includes names of all companies and total contributions made by New Zealand and Australian companies of $237Million. Read it here.

Website:www.lbg-nz.co.nz

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Corporate giving bounces back with over $237 million contributed in NZ and Australia

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After a major dip in 2012, corporate giving has risen by 16% with over $237 million contributed to the community this year, according to the London Benchmarking Group (LBG).

Education and Youth were the largest beneficiaries with over $63 million in contributions from LBG members across Australia and New Zealand, according to the group’s Annual Review recent release.

LBG is a global network of companies that apply LBG’s framework to measure their community investment. The Australia and New Zealand branch boasts the largest membership of over 50 companies including the likes of New Zealand Post, QANTAS, ANZ, Fonterra, Holden, Toyota and many more. Contributions comprise of cash, volunteered employee time, in-kind support and management costs.

LBG Corporate Community Investment Director Simon J Robinson said “This year’s increased investments can be in part attributed to the low benchmark set by a significant decrease in contributions in 2012. The total this year is still somewhat shy of the contributions of over $250 million that were made annually from 2009 to 2011.” Read more

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How does LBG benchmarking community investment fit with other global indices?

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LBG and how it fits with other indices. 

LBG is the global standard for measuring and benchmarking corporate community investment.

The LBG model provides a comprehensive and consistent set of measures for corporate community investment professionals to determine their organisation’s contribution to the community, including cash, time and in-kind donations, as well as management costs. The model also captures the outputs and longer-term impacts of community investment projects on society and the business itself.

Effective measurement is key to effective management.   Read more

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LBG members invited to an exclusive event with New Philanthropy Capital

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We are delighted to invite you to a member-exclusive lunch with guest speaker Tris Lumley, Head of Development at New Philanthropy Capital in the UK. 

Tris is leading a key research project “Funding an Impact”, with LBG in the UK, among others, to research and identify the barriers preventing funders (including corporate funders) from assessing their impact effectively. The guiding questions underpinning the study are:

  • How do funders think about impact ?
  • How do funders assess their own impact?
  • How do funders support beneficiaries to assess their impact?

This research follows on from an existing report by Tris “Making an impact” and builds on the development of the Inspiring Impact program which aims to embed impact measurement across the charity sector by 2022.

This new research will be launched in early October so this is a rare opportunity to learn from Tris first hand of his findings and next steps in the UK. Tris will also be providing input into LBG’s Social Impact Measurement Study.

Webinar details are also available.

RSVP:

Register to attend by 7th October 2013.

Best regards, 
LBG Australia & New Zealand 

Output Impact Assessment tool training for LBG members

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LBG members are invited to participate in a training session about LBG’s Output Impact Assessment Tool.

This session introduces members to the toolkit, and takes participants through the process of mapping and assessing the results of community investment projects and contributions, using a consistent set of measures and processes.

Topics covered:

  • Introduction to the Output Impact Assessment Tool
  • Looking beyond input costs to gain an understanding of how your community investment has benefited society
  • Practical tips for applying the tool
  • Entering impact data into LBG Online
  • Wednesday 17th July 2013.
  • 11am AEST, 1pm NZST, 9am AWST for 1 hour.
  • Register now at www.lbg-nz.co.nz