A global leader in community investment

Teachers Mutual Bank is a global leader in community investment for the 4th year running  

Teachers Mutual Bank is a global leader in community investment for the fourth year running, based on the results of the 2015 London Benchmarking Group Australia and New Zealand (ANZ) Annual Review of Community Investment and the LBG International Review 2015. 

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

Teachers Mutual Bank outperforms the LBG ANZ and LBG International average by spending 4.73% of pre-tax profits on community investment – a total of $2m. Teachers Mutual Bank’s community investment of 4.73% is;

• 8 times the LBG ANZ average of 0.61%.
• 15 times the LBG ANZ finance/insurance sector average of 0.31%
• and 4 times the LBG  International average of 1.1%. 

The LBG also measures the subject focus area of community investment. Teachers Mutual Bank invests 91% of its community investment into ‘Education and Young People’ compared to 22.5% for the LBG ANZ average and 19% for the LBG ANZ financial services sector.

Of the LBG Au&NZ 49 total, 8 (16%) are financial services and insurance sector;  

NAB, ANZ, Australian Unity, Medibank, Suncorp Group, Toyota Financial Services, Teachers Mutual Bank, GMHBA

Of the LBG  International 220 members, 50 (23%) are financial services. The 220 includes 49 ANZ members

Access Bank, Allianz Group,  ANZ, Arab African International Bank, Australian Unity,  Aviva, AXA, Banco Santander, Bank of America Merrill Lynch Asia Pacific,   Barclays, Bank Inter  BBVA, Bloomberg, BRD Groupe Societe Generale, Capital One,  Citi, Credit Suisse AG,  Deutsche Bank  Fundacia bankowa, GE Money Bank,  GMHBA, HSBC, ING, International Personal Finance,  Intesa San Paolo, Investe, Macquarie,, Medibank,  NAB, Nationwide, Novo Banco, Provident Financial, Provident Polska,  Prudence Foundation, Prudential,  Raiffeisen Bank , RBS,  Rothschild, Schroders, St James Place,  Standard Chartered, Standard Life,  Suncorp, Teachers Mutual Bank,Toyota  Finance,  UBS, Unicredit,  Zurich

LBG information: Note: All data supplied by LBG. 
LBG is the global standard for measuring and benchmarking corporate community investment.It takes its name from the London Benchmarking Group; the group of UK-based companies who worked together to develop the model in 1994. The LBG model was introduced to Australia and New Zealand in 2005 and has since grown to around 50 members.
The LBG methodology allows a company to form a reliable and holistic view of its community investment, from what is contributed, what happens and what changes as a result. LBG data makes it easier to inform key stakeholders about your social investment. LBG data integrity is verified through the use of an internationally recognised framework, used by more than 220 of the world's leading companies. The TMB report details your corporate community investment contributions for 2015, benchmarked against companies from your sector and against the Australia & New Zealand member companies who have participated this year. Further comparisons can be made through the self-benchmarking feature of LBGOnline'.

About the LBG

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. LBG data integrity is verified through the use of an internationally recognised framework, used by more than 220 of the world's leading companies. 173 companies participated in the global benchmark, of which 49 were in Australia & New Zealand.

^{Note: Data is taken from the official LBG report provided to Teachers Mutual Bank, and public data from the 2015 London Benchmarking Group Australia and New Zealand (ANZ) Annual Review of Community Investment  and the LBG International  Review 2015.}