Investing now and for the future
For almost 10 years, Wesfarmers has supported Surf Life Saving WA through the Wesfarmers Lifesaver Jetski Teams
Each of our businesses include information about their community partnership programs in their sections of this report and information on our community contributions can also be found in Our data.
For Wesfarmers, the Board approves partnerships focused on four areas: medical research and health; Indigenous programs, particularly targeting education and employment outcomes; community and education initiatives; and the Wesfarmers Arts program.
In 2017, more than $8.8 million was contributed to our partners
The majority of these partnerships are long-term commitments with West Australian-based organisations.
This year, we entered into a number of new partnerships. Our four-year commitment to partner with Teach for Australia is focused on growing the best leadership talent to address educational disadvantage by assisting the organisation expand its operations into Western Australia. We became the inaugural partner with the newly-created WA Parks Foundation which is focused on projects that celebrate, promote, protect and enrich West Australian parks so everyone can enjoy them. We also contributed to the Centre for Independent Studies ‘Prosperity Project’ research program, which is looking at funding for Indigenous programs and where it is having the greatest impact.
The achievements of the Wesfarmers Centre of Vaccines and Infectious Diseases resulted in a renewed partnership with the Telethon Kids Institute. The Wesfarmers Board agreed to another four-year partnership, increasing the funding amount to a total of $6 million. Our partnership with The Australian Alzheimer’s Research Foundation was also extended for another three years.
We increased our contribution to Indigenous programs, in part due to the increase in funding for the Clontarf Foundation to assist its national expansion and double its student intake. A number of our divisions have established relationships with Clontarf Academies around Australia and provide work experience and employment opportunities, as well as mentoring and other in-kind support. For more information see our story on Clontarf. We also sponsored the Recognise Dinner in support of Constitutional Recognition, held in December 2016.
Wesfarmers continues to be a major partner with Harry Perkins Institute of Medical Research, Australian Indigenous Mentoring Experience, the Graham Farmer Foundation, Reconciliation WA, Curtin Business School, Surf Life Saving WA, the General Sir John Monash Foundation, Mission Australia, The Fathering Project and Leadership WA.
In 2017, Wesfarmers Limited elected to withdraw its membership from the London Benchmarking Group (LBG). Coles,Target and WesCEF continued to use LBG in 2017. The methodology used in previous years to capture Wesfarmers' community contributions is largely unchanged. As in previous years, our contributions are assured by Ernst & Young, whose assurance statement can be found here.