We use cookies to capture data to enhance your experience on our website.

By using our website, you consent to your data being collected and used as outlined in our Privacy Policy.

Australian Unity delivers $1.63 billion in community and social value

17 October 2022

Tags: Media

Wellbeing company Australian Unity today released its second impact report, Our Impact 2022, detailing its performance against environmental, social, and governance (ESG) criteria.

Using the Group’s Community & Social Value Framework-developed in conjunction with leading social impact experts, Social Ventures Australia-the report outlines the dollar value of its impact across three defined areas-lifelong wellness, economic empowerment and strong communities.

The Community & Social Value Framework-which is independently audited by PwC each year—was recognised by the Australian Financial Review earlier this year, with the Group being recognised as a 2022 Sustainability Leader and receiving the ‘ESG Metrics Innovator Award’ for best innovation focused on improving how ESG impacts are measured.

In FY2022, the Group delivered $1.63 billion in community and social value across its health, wealth and care portfolio-an increase from last year’s $1.25 billion. Australian Unity’s Group Managing Director, Rohan Mead said the Group was proud to play a significant role as a mutual organisation in identifying and investing in key and in-demand products and services that address key issues facing society-such as an ageing population, rising rate of chronic health conditions, access to healthcare and the challenges that arise from deteriorating economic conditions.

“By designing and providing access to quality products and services that seek to address these issues, our members and customers experience direct positive social impact and benefit from our efforts, as do the communities that surround them,” Mr Mead said.

“The second Our Impact report showcases our approach to using community and social impact as a driver of our key business decision, and to demonstrate our accountability and transparency when it comes to putting the wellbeing needs of our customer and community at the centre of our business.”

Our Impact 2022 is available to download here: Our Impact 2022 Report

Related article

Australian Unity appoints next Group Managing Director & Chief Executive Officer

Australian Unity Limited has announced Ms Kelly Bayer Rosmarin will become the next Group Managing Director (GMD) & Chief Executive Officer (CEO), succeeding Mr Rohan Mead, who informed the mutual company’s board in March this year of his intention to retire after 21 years in the role.

Read more

Australian Unity completes Plena Healthcare acquisition

Health, Wealth and Care group Australian Unity has completed the acquisition of Plena Healthcare Holdings Pty Ltd (Plena Healthcare) from Zenitas Healthcare Pty Ltd.

Read more

$2.38 Billion in unique Social Value Created: Australian Unity’s 2025 Impact Report Underscores Need for National Investment in Healthcare Access

New report reveals real-world impact for Australians — from hospital beds saved to better health, independence and community connection

Read more

Australian Unity Bank cuts variable home loan rates

Australian Unity Bank will reduce its variable home loan interest rates by 0.25 per cent per annum, following the Reserve Bank of Australia’s decision on Tuesday 12 August to lower the official cash rate by 25 basis points to 3.6 per cent.

Read more