Partnering for positive impact

Earlier this month Woodside released its 2024 Social Investment Impact Report, highlighting the company’s commitment to supporting community development opportunities that are important to its host communities, with a focus on long-term outcomes.

In the past year, Woodside invested A$35.4 million in long-term strategic partnerships, philanthropic programs such as donations and grass-roots community grants, and mandatory contributions through regulatory payments and First Nations agreements.

This builds on Woodside’s established track record of social contribution, having contributed more than A$224 million over the past decade to communities around the world where Woodside employees live and work.

Woodside CEO Meg O’Neill said the report reflected Woodside’s ongoing commitment to delivering tangible benefits for the sustainability and liveability of the company’s host communities.

"Woodside has a long and proud history of working with and investing in the places where our employees live and work," Meg said.

"From Australia to Trinidad and Tobago, Mexico to Senegal and many points in between, I’m proud of the positive impact our partnerships are having around the world.”

The A$35.4 million investment includes A$5.3 million in Woodside staff volunteering time. This year marks Woodside's 20th anniversary of corporate volunteering, with employees dedicating more than 100,000 hours to volunteer in the past 10 years alone.

Among the case studies highlighted in the report is the Woodside Development Fund (WDF) and the One Tree Community Services-Roebourne Pathways Program. This program took out the Community Development Excellence Award at this week’s Australian Energy Producers Conference and Exhibition in Brisbane.

You can read the full report here.