JBWere has published the Australian Financial Review Corporate Philanthropy 50 list, which shows corporate giving continues to grow.

John McLeod, co-founder of JBWere Philanthropic Services – who, together with Jarrod Miles, founder of Strive Philanthropy, compiles the annual list – says the 4.4 per cent growth in corporate giving is in stark contrast to declines in the number of mass market donors.

BHP is the Australia’s largest corporate philanthropist, distributing $222 million to charity, followed by Coles and Woolworths. Banks and other mining companies featured heavily on the list. Coles donated 10 per cent of profits, however this was an outlier. Woodside (0.18%) and Fortescue (0.11%) gifted a tiny percent of its profits.

Research was conducted by Jarrod Miles and John McLeod. Sources include the GivingLarge report, publicly available company sustainability reports, and ACNC registry. See the full report here.