Net Balance

ERM Australia Pty Ltd

Positive Outcomes

AGL Verification of 2008 Community Contributions Data
The LBG model helps businesses to improve the measurement, management and reporting of their corporate community involvement programs. It moves beyond charitable donations to include the full range of contributions (in time, in-kind and in cash) made to community causes, and assesses the actual results for the community and for the business (see www.lbg-australia.com for more information).
As managers of LBG Australia/New Zealand, we have worked with AGL to review its understanding of the LBG model and how it has applied the model to a range of community programs. Our aim has been to ensure that the valuation principles are correctly and consistently applied. Having conducted an assessment involving scrutiny of a significant sample of contributions, we are satisfied that this has been achieved. Our work has not extended to an independent audit of the data.
Jerry Marston
Positive Outcomes
October 2008