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Working with our customers, investors, non-profits and the community to create a better tomorrow for everyone.

2015 community report

Contents 1 OurCEO’swelcome2 Ourgoal:tohelppeopleowntomorrow4 Ourapproachtoinvestment6 Ourenvironmentalperformance10 Ourpeople14 Ourworkinthecommunity16 Ourcommunitypartners18 Ourcommunityprogram20 AMP’sTomorrowFund

AMP Limited ABN 49 079 354 519Unless otherwise specified, all amounts are in Australian dollars. Information in this report is current as at March 2016.

4.4mcustomersinAustraliaandNZwerehelpedbyAMPadvice,productsandservices

$4.8minfundsweredistributedtothecommunitybytheAMPFoundation

9%greenhousegasreduction(year-on-year)wasachievedbyacarbon-neutralAMP

In 2015...

AMP 2015 community report 1

Weworkwithcustomers,shareholders,non-profits,government,ourpeersandthewidercommunitytobuildamoreprosperousandequitablesociety.

Since1849,AMPhashelpedmillionsofAustraliansandNewZealandersachievetheirfinancialgoals:beittoprotecttheirfamily,payofftheirhomeorretireright.Believingtheseveryhumanaspirationsshouldbewithineveryone’sreach,wemustensureouroffersandsolutionsarerelevantandaccessible.Inrecentyearswehaveintroducednewtechnology,onlineresourcesandworkpracticestomakeiteasierforpeopletonavigatelife’stwistsandturns,andreachtheirgoals.

Webelieveinsharingourknowledge.In2015,AMPpublishedtworeportswiththeNationalCentreforSocialandEconomicModelling(NATSEM)onhouseholddebtandourageingpopulation’scapacitytowork–atopicfurtherexploredatanAMPsummit.

WealsopartneredwithGriffithUniversitytolaunchtheHorizonsAdviserAcademycourse.Itwasafurthersteponourjourneytoliftconfidenceinthefinancialadviceindustry.Onanotherpositivenote,AMP’sprobonofinancialadviceprogramexpandedin2015,helpingouradviserstoeasetheburdenonpeopleaffectedbycancer.

Totrulyserveourdiversecommunity,wemustunderstandit.Thisiswhywearecommittedtocreatinganinclusiveculture–onethatenablesustotapintodifferentperspectives.Wemadegreatprogressin2015,beingnamedWorkplaceGenderEqualityAgencyEmployerofChoiceinrecognitionofoureffortstoputmenandwomenonanequalfooting.

Wewantourpeopletoflourish,physicallyandmentally.Withitsflexiblespaces,sit-to-standdesksandmobileconnectivity,therefurbishmentprojectrollingoutatAMP’slandmarkheadquartersisencouraginghealthier,morecollaborativewaysofworking.Incorporatingenergy-efficienttechnology,LEDlightsandbettere-wastestreams,itisalreadyreducingourcarbonfootprint.

Environmental,aswellassocialandcorporategovernancefactors,guidehowweinvestthroughAMPCapital.Withasolidhistoryofsocialinfrastructureinvestment,AMPCapitaliswellplacedtoraisethecorporateresponsibilitybarandinfluencebetteroutcomesforshareholders,investorsandthecommunity.

Ourpeoplealsoinvestinthecommunity,withsupportfromtheAMPFoundation.In2015,ourphilanthropicarmhelpedAMPemployeesvolunteertheirtimeand

skills.Italsofacilitatedpayrollgivingandmatchedourpeople’sfundraisingefforts.

Allup,theAMPFoundationinvested$4.8millioninthecommunityin2015.MuchofthiswasdirectedtoeducationalprogramsforAboriginalstudents,buttheFoundationalsostrengthenedthenon-profitsectorbysupportingSocialVenturesAustraliaandTheFundingNetwork,andsharingitsinsightsintobestpracticeinphilanthropicgiving.

AnotherAMPFoundationinitiativetoppedoff2015.InNovember,AMP’sTomorrowFundawarded$1millioningrantstohelp42amazingAustralians–fromartiststoathletes,scientiststosocialinnovators–dogreatthings.Soonafter,AMPpresentedscholarshipsto18equallyincredibleNewZealanders.Whiletheserecipientsallhaveverydifferentinterests,likeAMP,theyareallstrivingtocreateabettertomorrowforeveryone.

Craig MellerChiefExecutiveOfficer

Our CEO’s welcomeAMP wants to give everyone in the community the best chance to own their tomorrow.

AMP 2015 community report2

Our goal: to help people own tomorrow

Webelievethathelpingourcustomersachievetheirgoalsstartswiththemhavinggreatercontrolovertheirfinancialwellbeing.Wehelpthemdothisbysharingourexpertiseandprovidingproductsandservicesincluding:– financialadvice– superannuation,retirement

incomeandinvestmentproducts– administration,bankingand

investmentservicesforself-managedsuperfunds(SMSFs)

– incomeprotection,disabilityandlifeinsurance

– bankingproducts,includingmortgages– investmentssuchasshares,fixed

income,propertyandinfrastructure.

Since2013,wehavebeenundertakingacomprehensiveprogramtore-orientourbusinesstocentreoncustomers.Thisapproachwillenableustohelpmorepeopletoachievetheirgoals.

In2015,wefocusedon:– creatinganinnovativeface-to-face

adviceexperiencefocusedoncustomergoals

– deliveringanintegratedbankingandwealthdigitalexperienceforourcustomersonourwebsiteandmobileandtabletapps

– improvingourcustomeranddataanalyticscapabilitiestohelpusconnectourcustomerswithproductsandserviceswhichwillhelpthemachievetheirgoals

– implementingasystemtoimprovetheexperienceofourcustomers

– improvingthewaywecanhelpcustomerswhentheyneedtomakeaclaimontheinsurancetheyhavewithAMP.

Awards and accolades In2015,severalAMPproductsandserviceswererecognisedfortheirqualityandvalue.

AMP Bank wonMozo’sExperts’ChoiceAwardforPersonalSavingsAccountIntroductionBonusRateandtheCanstargoldawardforOutstandingValueSaverAccount.

AMP SMSF Solutionswasnamed2015RainmakerSelectingSuperSMSFProvider

oftheYear;SuperIQwonSMSFAdviser‘Administrator:SuperConcepts’;AMPSuperSignaturewonSuperReviewAwardsSuperoftheYearandBestCommercialFund.

AMP ElevatewontheCanstarOutstandingValue–TermLifeInsuranceAwardandtheFinancialReviewSmartInvestorBlueRibbonAwardsLifeCompanyoftheYear.

Sharing our knowledge AMPwantstotakethemysteryoutofmanagingmoney–tomakethecomplexsimple.Wedothisbygivingpeopletheknow-howandtoolstotakecontroloftheirfinances.

OurQ&AMPwebsiteprovidesanswerstofinancialquestions,whileamp.com.auhasbudgetplanners,debt-reductioncalculatorsandrelevantnews.

AMPalsosharesourknowledgeatevents.InJune,wehostedTheNewOldsummitwherespeakers,includingAMPCapital’sChiefEconomistShaneOliverandAgeandDisabilityCommissioner

AMP’s purpose is to help people own tomorrow by supporting them to achieve their goals, aspirations and dreams. By doing this, we can help build stronger communities.


SusanRyanAO,bustedmythsabouttheageingpopulation’seconomicimpactandcapacitytowork.

Thatmonth,AMPwaspartoftheIndigenousSuperannuationSummitinMelbourneandwentontojoinTheIndigenousSuperannuationWorkingGroup–anindustry-ledgroupaimingtobuildbettersuperoutcomesforAboriginalAustralians.

WealsomadesubmissionstotheFederalGovernment’sFinancialSystemInquiry,areviewofretirementincomestreams,theTaxWhitePaperprocessandmanyotherreformprocessesthataredesignedtoincreasethestandardoflivingofAustraliansinretirement.

Relevant research Everyyearsince2002,AMPandtheNationalCentreforSocialandEconomicModelling(NATSEM)haveproducedreportsthatopenwindowsonAustralians’financialandpersonalaspirations.TwoAMP.NATSEMreportswerereleasedin2015.‘Goingthedistance:workinglonger,

livinghealthier’predictedthatby2035oneinfourmenandoneinfivewomenintheirsixtieswillnotbehealthyenoughtoworkuntil70.InDecember,‘Buynow,paylater:HouseholddebtinAustralia’foundAustralianhouseholdsnowowefourtimesasmuchastheydidin1988.

Eachquarter,AMPalsoreleasesinsightsandtrendsontheinvestmentbehavioursofSMSFtrusteesaspartofitsMultiportSMSFInvestmentPatternsSurvey.

Better adviceInrecentyears,AMPhasimplementedseveralmeasurestoraisethestandardandreputationofthefinancialadviceindustry.

WesetuptheAMPCustomerReviewPaneltoreviewcomplaintsaboutouradvice,whenthecustomerisnotsatisfiedwithourusualprocess.IndependentlychairedbyformerASICdeputychairBelindaGibson,thepanelhasthepowertorefundthecostofadviceandcompensateforlosses.

AMPalsoteamedupwithGriffithUniversitytoredesignouradviser

educationpathway.IncludingflexiblestudyoptionsandtimeworkinginanAMP-alignedfinancialadvicepractice,thenewAdviserAcademycourseisdeliveredbyGriffithUniversitythroughoureducationhub,AMPHorizons.

Thisfollowedonfromour2014initiatives,includingsettingminimumadvisereducationrequirements(allmusthavepostgraduatequalificationsby2019)andpartneringwiththeStJamesEthicsCentretodevelopandlauncharesponsibledecision-makingprogramforadvisers.

In2015,wealsopartneredwiththeSMSFAssociationtolaunchanewSMSFeducationandaccreditationprogramforAMP-alignedadvisersandtheirstaff.Builtonourface-to-faceSMSFspecialistcourse,theprogramincludestheSMSFAssociationAccreditationexam.

8,603 peoplewerehelpedbyAMPBanktobuyhomes

$1.1b ininsurancepaymentshelpedourcustomers

$2.2b inpensionpaymentshelpedourcustomersinretirement

In 2015…

TostayuptodatewithAMP’slatestoffers,newsandinsightsvisitamp.com.au


Weunderstandthereisaclearlinkbetweenanorganisation’senvironmentalandsocialimpacts,ethicalpracticesandqualityofitscorporategovernanceanditslong-termbusinesssuccess.

Assessingtheenvironmental,socialandgovernance(ESG)factorsthatcanaffectaninvestmentisanintegralpartofAMPCapital’sinvestmentprocess.ThekeymotivationforconsideringESGissuesistogaindeeperinsightintoareasofriskandopportunitythatcouldimpactthevalueorperformanceofaninvestment.

WellbeforebecomingoneofAustralia’sfirstsignatoriestothePrinciplesforResponsibleInvestmentin2007,AMPCapitaldedicatedspecificresourcestounderstandingtheimpactofESGfactors.

AMPCapital’sin-houseESGinvestment

researchteamproducesproprietaryandthought-leadingresearch,whichisintegratedintoAMPCapital’sinvestmentdecision-makingandactiveownershippractices,acrossallassetclasses.Theteam’sESGinsightsandcompanyratingsinfluenceinvestmentguidelinesandpolicies,researchandanalysis,proxyvotingactivitiesandengagementwithcompanyboardsandmanagementteams.

TheAMPCapitalESGInvestmentResearchTeammakessummariesofitsresearchpublicviatheAMPCapitalwebsite.

ItisimportanttoAMPCapitalthatcompaniesselectedforclients’portfoliosarewell-governed.ThisiswhyAMPCapitalactivelyengageswiththeboardsandmanagementteamsofcompaniesandusesitsvotingpowertoencouragecorporatebehaviourthatisresponsible

andinthebestinterestofshareholders.ThroughthisengagementAMPCapitalencouragessounddecision-makingandrisk-management,appropriatecapitalallocation,goodboardcomposition,fairremunerationandopenandhonestdisclosure.

AMPCapital’scommitmenttoESGresearchiswellrecognisedinthesector.Assuch,theESGteamhashadtheopportunitytoworkwithcompaniesonarangeofissuesandinfluencebetteroutcomesforinvestors,shareholdersandtheAustraliancommunity.

AMPisalsoaconstituentoftheFTSE4GoodIndex,aseriesofethicalinvestmentstockmarketindicesthat,bycontinuallyraisingthecorporateresponsibilitybar,encouragesustoimproveourESGperformance.

Our approach to investment

As one of the most experienced managers of responsible investment funds in Australia, AMP Capital is well placed to influence better outcomes for investors, shareholders and the community.

Assessing the environmental, social and governance (ESG) factors that can affect an investment is an integral part of AMP Capital’s investment process


Our investment in infrastructure SinceitspioneeringinvestmentintheSydneyHarbourTunnelbackin1988,AMPCapitalhasprovidedvitalinfrastructuretocommunitiesacrosstheglobe.

InAustralia,AMPCapitalmanagesaninterestinInterlinkRoads,theownerandoperatoroftheM5SouthWesttollroadinSydney.Connectingthecity’ssouthwestwithPortBotany,SydneyAirportandtheCBD,thisroadisanimportantdriverofeconomicactivity.

AlsoinSydney,AMPCapitalinvestsinRelianceRail,whichmanufacturesandmaintainsthecity’snewWaratahtrains.Thisfleetisdesignedtoprovidethepublicwithimprovedsecurity,safetyandaccessibility.

AMPCapitalalsomanagesoneofAustralia’spre-eminentpublic-privatepartnershipinfrastructurefunds–theAMPCapitalCommunityInfrastructureFund.Thefundhasamandatetoinvest

insocialinfrastructureassetsacrosshealthcare,education,justice,defence,communityhousing,transport,waterandrecreationalfacilities.

ThroughitsCommunityInfrastructureFund,AMPCapitalhasinvestedin36publicschoolsinVictoria,Queensland,NewSouthWalesandSouthAustralia.InVictoria,thisinvestmentincludesYMCAsonsixoftheschoolsites,whichplayavitalrolewithintheirgrowingcommunities.

In2015,thefundmadeasignificantinvestmentintheRoyalNorthShoreHospital.AMPCapitalwillprovidethefacilitiesmanagementserviceswhileNSWHealthwillcontinuetodeliverallclinicalservicesatthehospital.

AMPCapitalalsoinvestsincaringforelderlyAustralians,throughitsOpalSpecialistAgedCarebusiness.In2015,OpalopenedtworedevelopedhomesinNewSouthWales:oneinDenham’sBeachontheSouthCoastandanotherinOrange.Theseprojectsadded95bedsforelderlypeople.AlsoinNewSouthWales,Opalopenedanew144-bedhomeatRutherfordintheHunterValley.Italsoacquiredtwoportfolios:theAquariusAgedCareGroupofninehomesinNewSouthWalesandQueensland,andtheStIvesGroup,whichhastwohomesinWesternAustralia.

AMPCapitalisalsothemarketleaderinon-campusstudentaccommodation.

27,440studentcapacitywasrecordedatAMPCapital-fundedschools

6,200 bedswereprovidedforelderlyAustraliansthroughAMPCapital’sagedcareportfolio

In 2015…

FormoreinformationonAMPCapital’sapproachtoESGandresponsibleinvestmentvisitampcapital.com.au/about-us/esg-and-responsible-investment

36 schoolswerefundedundertheAMPCapitalCommunityInfrastructureFund


Asaninsurerandinvestor,soundenvironmentalmanagementalsomakesbusinesssenseforAMP.WeassessourenvironmentalrisksandopportunitiesacrossthebusinessandinvestmentsmanagedbyAMPCapital.

AMPhasbeenactivelypursuingarangeofwaste,energyandemission-reductioninitiativessince2002,whenwereleasedourfirstEnvironmentalPolicyandAMPCapitalsigneduptotheCarbonDisclosureProject.Thetimelinebelowindicatessomeofthehighlightsonourjourneytowardsagreenertomorrow.

Webecamecarbonneutralin2013,ayearearlierthanplanned.Knowingthereismoretobedone,weseteventoughertargetsfor2016.

Our 2014-16 priorities: AMPisreducingitscarbonfootprintby:− reducinggreenhousegasemissionsby

afurther15%intheperiod2014–16− pursuingenergyefficiencythrough

lightingupgrades,ITinitiativesandmoreflexibleandefficientuseofofficespace

− workingwithcontractors,landlordsandserviceproviderstoincrease

wasterecycling− reducingnon-essentialairtravel

andpaperconsumption− encouragingemployeeworkpractices

thatreduceenvironmentalimpacts− encouragingsupplierstoreducethe

impactsoftheirproductsandservices− continuingwithexternalassuranceof

AMP’scarbonfootprint.

In2015,wemadecontinuedprogressagainsttheseenvironmentalprioritiesandtargets,remainingcarbonneutralandreducingAMP’sgreenhousegasemissionsbyafurther9%year-on-year.

Our environmental performance

AMP has a duty to our community and future generations to minimise our impact on the environment.

The road to a greener tomorrow

2010

2009

2008

2005

2002 AMP Capital is a founding

member of the Investor Group on Climate Change.

Internal carbon levy introduced to

offset business air travel emissions. AMP records

a 10% rise in recycling from 2008 through our co-mingled

waste program plus a 10% drop in operational energy use from 2007. AMP reports for first time

under National Greenhouse and Energy Reporting

Act 2007.

AMP’s first Environmental

Policy launched. AMP Capital signs up to Carbon Disclosure

Project.

AMP Environmental Leadership Team

established. AMP reports for first time under Energy

Efficiency Opportunities (EEO) program.

AMP leaders commit to carbon

neutrality by 2014. NABERS waste and energy audits on major buildings, plus lighting, IT, building

management systems upgraded at AMP HQ. Green

Tomorrow employee engagement program

launched.


2014

2013 2015

2012

2011

AMP merges with AXA (Australia

and NZ). Lighting audits target further energy

efficiencies. Environmental targets reconfirmed. AMP

debuts in CDP ASX 200 Climate Disclosure Leadership Index.

AMP Capital Bridge Street office

receives 5.5-star NABERS energy rating. External

assurance of GHG footprint, which drops 15% from 2012.

Employee carbon offset program launched.AMP becomes carbon neutral

a year ahead of plan.

The international Carbon Disclosure

Project recognises AMP for its carbon reduction in 2014. A refurbishment project that

includes energy efficient lighting and IT initiatives, and more

efficient use of office space, is rolled out at AMP’s Sydney

headquarters.

LED light upgrades, more

video-conferencing facilities installed.

Carbon offset purchasing program expanded to include internationally

accredited projects.

New targets and priorities set for 2014–2016 and another 15% year-on-year reduction achieved.

AMP once again in CDP ASX 200 Climate Disclosure

Leadership Index.

Greenhouse gas reportingAMP’sgreenhousegasdatarelatestotheoperationofAMP’stenantedoffices,datacentreandbusiness-relatedairtravel.AMP’sgreenhousegasreportingcriteriacanbefoundinthecorporateresponsibilitysectionofamp.com.au.

In2015,totalgreenhousegasemissionsfromtheseactivitieswas25,194tonnes–a9%reductionyear-on-year(YoY)on2014:

Scope 1 and 2 emissions(mainlyofficeanddatacentreelectricityuse)decreased

14%YoYto15,853tonnes,duetoenergyefficiencyinitiativessuchaslightingupgrades,moreflexibleandefficientuseofofficespace(eg.AMPHQ,33AlfredStreet,Sydney),somereductionsintenantoccupancyandfurtherconsolidationofAMP’sdatacentreusage.

Scope 3 emissions(airtravel)increased1%YoYto9,341tonnesduemainlytointernationalairtravelassociatedwithAMP’songoingbusinessactivities.

AMPalsoparticipatesintheinternational

CarbonDisclosureProjectandin2015wasrecognisedforitsrelativecarbonreductionforthepreviousyear.

AMPalsoreportsannuallytotheAustralianGovernmentundertheNationalGreenhouseandEnergyReportingAct2007,whichincludesdataforapplicableinvestmentsmanagedbyAMPCapital.AMPCapitalisaninvestorsignatorytotheCarbonDisclosureProjectandengageswithpolicy-makersasafoundingmemberoftheInvestorGrouponClimateChange.

1 EYhasprovidedassuranceofAMP’s2013,2014and2015emissionsdata.Acopyofthe2015assurancestatementcanbefoundinthecorporateresponsibilitysectiononAMP’swebsiteamp.com.au.

2 InMarch2011,AMPmergedwithAXAAsiaPacificHoldingsLimited’sAustralianandNewZealandbusinesses(AXA).2011includeschangesinAMP’semissionsprofileduetoadditionalAXAtenanciesandairtravelassociatedwiththemergerandbusinessintegrationactivities.

Emissions20151 tCO2e

Year on year % reduction/

(increase)20141 tCO2e

20131 tCO2e

2012 tCO2e

20112

tCO2e2010

tCO2e2009

tCO2e

Scope1+2emissions

15,853 14 18,360 20,830 22,204 18,828 12,263 13,067

Scope3emissions

9,341 (1) 9,282 11,592 15,830 18,015 9,545 8,843

Totalemissions

25,194 9 27,642 32,422 38,033 36,843 21,808 21,910

Carbonoffsetsretired

25,194 27,642 32,422 27,078 16,069 9,545 8,843

Target Carbonneutral

Carbonneutral

Carbonneutral

50%below2009(incl.AXA)

50%below2009(ex.AXA)

Offsetallairtravel

Offsetallairtravel

AMP’s carbon emissions performance


A new way of working Followingtheroll-outofenergyefficiencyandenvironmentalinitiativesatAMPatJesseStreetinParramatta,CollinsStreetinMelbourneandBridgeStreet,Sydney,in2015AMPbeganrefurbishingourlandmarkheadquartersonAlfredStreet,Sydney.

Theprojectaimstotransformourworkenvironmentthroughsmarterdesign,betteruseoftechnologyandactivity-basedworkpracticesthatencouragecollaborationandinnovation.ItwillreduceAMP’simpactontheenvironmentthrough:– moreefficientandproductive

useoffloorspace– anLEDlightingsystemthat

incorporateszonecontrols,occupancysensors,daylightharvestingandpowerscale-backfunctionalities,

– anewwastemanagementstrategy,includinge-wastestreamsandfurniturerecycling

– energyefficientappliancesandend-usecomputingtechnology

– ‘followme’printingtoreduceoverallpaperconsumption,and

– extendedvideoconferencingcapabilitiestoreducebusinesstravel.

Inlate2014,ourheadquartershelda3.5-starNABERS(NationalAustralianBuiltEnvironmentRatingSystem)rating,increasingtoa4-starNABERSEnergyTenancyratingin2015.AMPexpectsthisratingtoriseasthefloor-by-floorrefurbishmentiscomplete.

Apartfromtheenvironmentalbenefits,thisprojectaimstohaveapositiveimpactonthewellbeingofemployees.(See‘Ourpeople’page13).

AMPcontinuestoreducerelianceonpapercommunicationsbydevelopingandpromotingdigitaloptionsforcustomers.TheseincludethenewMyAMPwebsite,theMyAMPmobileandtabletapps,aswellasplatformsolutionssuchasNorthandMyNorth.

Site 2015 NABERS Energy Tenancy rating

33AlfredStreet,Sydney 4

JessieStreetCentre,Parramatta 4

50BridgeStreet,Sydney 5.5

750CollinsStreet,Melbourne 3.5

192AnnStreet,Brisbane 5

104MelbourneStreet,Brisbane 4

240QueenStreet,Brisbane 5.5

Project Abatement typeRegistry (verification standard)

Tonnes CO2e offset

WastewatertreatmentatGeneralStarchCoLtd,Thailand Methanecapture Markit(VCS) 5,000

InfraVestChangbinandTaichungWindFarms,Taiwan Renewableenergy Markit(GoldStandard) 5,000

LifeStrawwaterfilters,Kenya Avoideddeforestation Markit(GoldStandard) 450

CapacityupgradeofGunungSalakGeothermalPowerPlant,Indonesia Renewableenergy APX(VCS) 3,400

82MWLauRenunrunofriverHydroPowerPlant,Indonesia Renewableenergy APX(VCS) 11,344

Total carbon offsets retired 25,194

AMP 2015 carbon offset retirements

Our environmental performancecontinued


Carbon credits and community benefitsEachyear,AMPreducesemissionsthroughenergyefficiencyand,tomeetourtargets,offsetstheremainingemissionsbypurchasingcarboncreditsfromverifiedprojects.

Toachievecarbonneutralityin2015,AMPpurchasedandretired25,194carbonoffsetsfromprojectsthatdeliverenvironmentalandcommunitybenefits.Theseprojectsmeetinternationallyrecognisedverificationprotocols(VCS,GoldStandard)andtheAustralianGovernment’sNationalCarbonOffsetStandard(NCOS).

Wind energy in TaiwanTheChangbinandTaichungwindfarmsareoperatedbyInfravestWindPowerGroup.Theprojectcomprises68windturbineswithacapacityof2.3MW.Thewindfarmsdeliverrenewableenergytothestate-ownedpowergridinTaiwanreducingdependencyonimportedfossilfuelsforpowergeneration.

Geothermal power in IndonesiaTheGunungSalakpowerplant,100kmsouth-westofJakarta,usesnaturalgeothermalresources.Theprojectinvolvestheupgradeofexistingturbinestosignificantlyimprovetheplant’sefficiencyandgenerategreateroutputofcleanenergyfromthesamegeothermalsteamsource.Itsconstructionprovidedlocalemploymentopportunities.

Run-of-river hydro power in Indonesia TheLauRenunhydroprojectisagrid-connected,run-of-riverhydroplantthatgenerateselectricityforSumatra.Usinganaturalheightdifferenceofabout500metres,itgeneratesrenewableenergywithouttheneedforaretainingdam.Othercommunitybenefitsincludejobcreationandsupportforlocalartisanindustriesandschools.

Wastewater treatment in ThailandMethaneisextractedfromwastewaterfromGeneralStarchLtd’stapiocaplantinAmphurKornburibyatwo-stageanaerobicdigestionprocessandturnsitintoheat,replacingtheneedforheavyfueloil.Thisiscuttingemissionsbyover150,000tonnesofCO2ayear,improvingairandwaterquality,andhelpingtofundlocalschools.

Water purification in KenyaInwesternKenya,manypeopleuseindoorwoodburnerstoboilwaterdrawnfromunsafesources.Thisisastrongdriverofdeforestationandcontributestorespiratoryproblems.TheKenyaLifeStrawprojectofferswaterpurificationfilterstovillagers.Nearlyamillionwaterfiltershavebeendistributed,significantlyimprovingpublichealthandhouseholdairquality,andreducingdeforestation.

In 2015…

MoreinformationonAMP’sEnvironmentalPolicyandactivities,greenhousegasemissionsreportingcriteriaandtheCarbonDisclosureProject,isavailableatamp.com.au/amp/in-the-community/considering-the-environment

9% year-on-yearreductioninAMP’sgreenhousegasemissionsrecorded

25,194 carbonoffsetsretiredbyAMP

3 yearsasacarbon-neutralbusiness


Ourpoliciesandpracticesaredesignedtohelpusrecruit,develop,promote,rewardandempowerourpeopletoactwiththeutmostintegrityandprofessionalism.Thesearethekeystobuildingacustomer-focused,dynamicandrespectedcompanythathelpspeopleowntomorrow.

Inclusion and diversityAMPbelievesourpeopleshouldreflectthediversityofthecommunityweserve.Wevaluedifferentwaysofthinking,andeveryoneisencouragedtosharetheirthoughtsandexperiencestodeliverbetterbusinessdecisionsandsolutions.

AMPhasidentifiedfourkeywaystoincreasediversityandinclusion:

Committed and inclusive leadership:AMP’sleadersaretrainedandsupportedtocreateaninclusiveculturethatcandeliverthebestresults.Inresponsetoour2015employeeengagementsurvey,92%ofemployeessaidtheirmanagergenuinelysupportsequalitybetweenwomenand

men;89%saidtheirmanageractivelysupportsflexibleworkingarrangements,while85%agreeAMPvaluesdiversityforthenewideasitbrings.

Merit-based policies and practices:Wefocusonequalitywhenwerecruit,develop,promoteandpayourpeople,aswellasrecognisetheirperformance.Thisincludeshavinggender-balancedrecruitmentshortlists,developingfemaleleaders,reviewingourpayandperformanceoutcomesandprovidingpoliciesandpractices,suchasflexiblework,thatsupportallourpeople.

Decision-making and voice: Weleveragethediversethinkingacrossourbusinesstobetterunderstandourcustomersandmeettheirneeds.Weuseahuman-centreddesignapproachtolistentotheneedsofourcustomersandguidethedesignofourprocessesandproducts.

Measurement, accountability and rewards:Wehavesetstrongdiversitytargetsin

ordertodeliverbetterresults.AMPalsoconductsanannualpayequityreviewtoidentify,analyseandaddresspotentialareasofinequity.ThiscommitmentisoutlinedinAMP’sremunerationpolicy.

Driving changeOurCEOandGroupLeadershipTeammakeuptheAMPInclusionandDiversityCouncilandsetAMP’sgoalsanddirectionforinclusionanddiversity.Thecouncilisalsoresponsibleforinspiringourleadersandholdingthemtoaccount.

ThePeopleandRemunerationCommitteeoverseestheimplementationofourinclusionanddiversityinitiativesandreportskeyactionsandprogresstotheAMPLimitedBoard.

In2015,welaunchedAMProud,whichisacommunitygroupforlesbian,gay,bisexual,transgender,intersexandquestioning(LGBTIQ)employeesandtheirsupporters.

Our people

AMP wants to improve the lives of our customers, shareholders, business partners and community by being a truly inclusive and supportive business that brings out the best in our people.

5,420 peoplewereemployedbyAMP

1 in 3 ofAMPLimited’sBoardmemberswerewomen

In 2015…

37% ofseniorexecutiverolesatAMPwereheldbywomen–up10%infiveyears


Gender equalityIn2015,wewerehonouredtobenamedanEmployerofChoiceforGenderEqualitybytheFederalGovernment’sWorkplaceGenderEqualityAgency.

Sinceintroducinggenderdiversitytargetsin2011,wehaveincreasedtherepresentationofwomeninseniorexecutiverolesby10percentagepoints.

Womennowhold37%oftheseroles,whicharetypicallyonetothreereportinglayersbelowtheCEO.

Womenholdaround39%ofourmiddlemanagerroles,whichtendtobefourtosixreportinglayersbelowtheCEO.Overall,womenmakeup52%ofAMP’sworkforce.Attheendof2015,womenfilledathirdofthepositionsontheAMPLimitedBoard.Thisroseto40%inMarch2016.

Bytheendof2020,theaimisforwomentoholdhalfofAMP’smiddle-managementrolesand47%oftheseniorexecutiveroles.

We’realsostrivingtoincreasethegenderbalanceonourboards.Bytheendof2020,wewantpositionsonallourboardstobefilledby40%women,40%menand20%eitherwomenormen.

Roles 2020 target 2015 target 31 December 2015 31 December 2014

AMP Limited Board 40% 30% 33% 20%

Senior executives 47% 35% 37% 34%

Middle management 50% 43% 39% 39%

All employees n/a n/a 52% 51%

Representation of women at AMP


Supporting and developing peopleAMPwantstobuildanenvironmentthathelpspeopletomakedecisionsandtakeactionsthathavegenuinevalueandinfluence.Weprovidearangeofdevelopmentandcareeropportunitiestosupportourpeopletogrowandreachtheirpotential.

Theseinclude:– secondments– mentoring– cross-teamprojects– onlinelearning– externalstudy.

OngoingdevelopmentiskeyatAMP.Weknowthatdevelopingleaderswhoareresilient,resourcefulandcollaborativeisasoundinvestmentforthebusinessandourcommunity.

In2015,ourleadershiptrainingprogramsEnact(fornewerleaders)andEngage(for

seniorleaders)werecompletedby309AMPemployees.Duringtheyear,2,209employeesattendedworkshops,designedtostrengthentheirknowledgeofAMP’scultureandpromisetoourcustomers.

AMPalsohasanumberofinitiativeswithinourbusinessteams.Forexample,WomeninLeadershipinOperationsisagroupthatsupportsfemaleleadersinourOperationsdivision.Inaddition,eachyearanumberofAMP’sfemaleleadersareselectedtoparticipateintheChiefExecutiveWomen’sprogram,thepre-eminentorganisationrepresentingseniorwomenleadersfromthecorporate,publicservice,academicandnot-for-profitsectors.

WealsosupporttheongoingeducationofAMPfinancialadvisersthroughtheAMPHorizons–anationalcentreofexcellencethatisdedicatedtotheeducationanddevelopmentoffinancialadvisers.

The next generationAMPUniversityChallenge,anationalcompetitionopentoAustralianuniversitystudents,encouragesyoungpeopletopursueacareerinthefinancialservicessector.In2015,thecompetition’sfifthyear,morethan360studentsapplied–withasmanyfemalesapplyingasmalesforthefirsttime.Entrantscompeteforcashprizesandthechancetoattendadviceconferences,includingtheAMPAdviceSummitheldatthebeginningofeachyear.

TheChallengeisintegratedintothecurriculumandassessmentforthefinalyearsubject,formsthefinancialplanningmajoratLaTrobeUniversity,GriffithUniversityandUniversityofCanberra.

AMPprovidessupportedentryintothefinancialservicessectorthroughourwell-regardedgraduateprogram.Thistwo-yeartargeteddevelopmentprogram,whichiscommittedtonurturingnew

Our peoplecontinued

We provide benefits that help our employees stay on top of their finances, family time, health and social lives.


talent,tookin31graduatesin2015,bringingthetotalcohortto62.

Inearly2015,theAustralianAssociationofGraduateEmployees(AAGE)nameditthetopfinancialservicesprogramofitstypefollowinganationalsurveyofparticipants.TheAMPprogramwasrankednumber13inthetop75ofgraduateemployersacrossavarietyofsectorsinAustralia.

Employee benefitsAMPunderstandsthatlifeisnotallaboutwork.Thisiswhyweprovidebenefitsthathelpouremployeesstayontopoftheirfinances,familytime,healthandsociallives.

AMP’semployeebenefitsinclude:– apurchasedleavescheme– anAMPchildcarecentreinSydney

andgenerousparentalleave– discountedoffersforfinancial

productsandservices

– 12%employersuperannuationcontributions1

– thechancetosalarysacrificegymmemberships,childcarefees,supercontributions,carparkingornovatedleases

– regularhealthandwellbeingprograms,andon-sitegymsatsomeofficelocations

– third-partydiscountsthroughouronlinediscountprogram,AMPAdvantage

– accesstoafree,confidentialcounsellingandadviceserviceforemployeesandtheirimmediatefamily

– socialclubsinmultipleofficesthatofferdiscountedentertainmenttickets.

Healthy and agile workplaces In2015,westartedrollingoutarefurbishmentprojectatAMP’sSydneyCBDheadquartersat33AlfredStreet.KnownastheSparkitectureproject,

itnotonlyhelpsAMPreduceitsenvironmentalimpact,butalsoimproveshealthandwellbeingthroughtheuseofsit-to-standdesksandstandingcollaborationareas.

Withitsvarietyofworkingspacesandmobiletechnologysupport,thisprojectencouragesflexibleworkingpractices,greaterco-operationandagility.Theuseofstairsinsteadofelevatorsforshortjourneysbetweenfloorsisalsopromoted.

Theresultssofarhavebeenpositive,witha2015employeeengagementsurveyfindingthat93%ofrespondentswereeithersatisfiedorextremelysatisfiedwiththenewworkingenvironment.

FindoutmoreaboutworkingatAMPatamp.com.au/ampcareers

1 EmployeesemployedunderNationalMutualLifeAssociationterms(NMLA)areentitledto10%employersuperannuationcontributionsandsubsidisedinsurance,effectiveApril2014.


ThephilanthropicarmofAMPworkstoachievethisintwoways:

It helps people to help themselvesbysupportingorganisationsthatgivedisadvantagedAustralianslife-changinglearningandworkopportunities.

It also helps people to help others.ItsupportsAMPemployeesandfinancialadviserstosharetheirtime,skillsandresourceswithpeopleinneed,andbacksamazingAustraliansdoinggreatthingsinthecommunitythroughAMP’sTomorrowFundgrants.

Since1992,AMPFoundationhasdistributedmorethan$80.5milliontohelpcharitiesandindividualsmakeapositiveimpactoncommunitiesinAustraliaandNewZealand.In2015,theAMPFoundationdistributed$4.8millionandisprojectedtogivemorethan$5.7millionin2016.Thiswillinclude$1millioninAMP’sEmploymentBoostgrantstosupportprogramsthathelpAustraliansintosustainablework.

How the AMP Foundation is fundedTheAMPFoundationhasacapitalbase,orcorpus,whichAMPhascontributedtothroughdonationsofmoneyandshares.

In1998,whenAMPdemutualised,AMPdonated$30milliontotheAMPFoundationandallocated2.5millionshares.In2001,theAMPFoundationretainedcloseto1.7millionsharesattheendoftheverificationprocessofshareholders(20%oftheunverifiedshareholding).TheinvestmentincomefromthecorpusisusedtosupportcommunityinitiativesandpayfortheAMPFoundation’srunningcosts.ProbonosupportisprovidedbyEY,King&WoodMallesonsandMinterEllison.

AMPCapitalistheAMPFoundation’sportfolioandinvestmentmanager.Thefoundationinvestsapercentageofitscapital(upto3%)insocialbenefit

financialinstrumentsandsocialenterprisesthatbothachieveacommercialinvestmentreturnanddemonstratedsocialoutcomes.ItinvestsintheNewpinSocialBenefitBondandtheBenevolentSocietySocialBenefitBond,andpreviouslywastheonlyphilanthropicfoundationtoinvestinGoodStartEarlyLearningCentres.

ThemajorityoftheAMPFoundation’sassetsareinvestedinbespokeequitiesthroughaportfolioconstructedandmanagedbyAMPCapital.

TheAMPFoundationhasanindependentboard,whichapprovestheFoundation’sstrategicdirectionandmonitorsitscommunitypartnershipsandcommercialinvestments.Theboardconsistsof:− RichardGrellmanAM(Chairman)− PaulLeaming− PrueMilne− MatthewPercival− FionaWardlaw.

Our work in the community

The AMP Foundation’s goal is to help ensure a better tomorrow for everyone – especially those facing challenges accessing education and employment opportunities.


A philanthropic evolutionInthepastdecade,philanthropyhasundergoneadramatictransformation,withtheriseofcrowdfunding,theintroductionofnewtaxincentivesforgivingandtheapplicationofbusinessprinciplestosocialinvestment.

Thisnewageofphilanthropybringswithitanincreasinglycomplexsetofsocialinvestmentdecisions.Thisiswhy,in2015,theAMPFoundationengagedSocialVenturesAustralia(SVA)ConsultingtoinvestigatebestpracticeinphilanthropyinAustraliaandworldwide.

SVAisanon-profitformedin2002bytheAMPFoundation,theBenevolentSociety,WorkVenturesandTheSmithFamily.Astheorganisation’sspecialistconsultingpractice,SVAConsultinghelpsnon-profitsstrengthentheirabilitytoaddresssocialissues.

SVAConsultingreviewedpubliclyavailableliterature,analysedsocialinvestmentactivitiesofcorporateandnon-corporatephilanthropicentities,andconsultedwith

representativesoftheseorganisationsandsubjectmatterexperts.Theirsubsequentreporthighlightedtheneedforfunderstobemoretransparentandcollaborative,whichiswhytheAMPFoundationdecidedtosharethekeyfindingsinaconciseguidetogiving.

‘Keytrendsandbestpracticeinphilanthropy:anAMPFoundationandSVAperspective’providesanoverviewofmoderngiving,aswellascasestudiesandrecommendationsforincreasingcollectivesocialimpact.

A new approach to social investmentTheSVAConsultingreviewvalidatedtheAMPFoundation’sapproachtodate,particularlythrough:

– social impact investing(suchasourinvestmentintheNewpinandBenevolentSocietysocialbenefitbonds)andourfundingofSVA’simpactinvestingteam

– capacity buildingbyfundingSVAandTheFundingNetwork,aswellasinvestinginnon-profits’coreoperationsandinfrastructure

– focusing on systemic issues byconcentratingfundsonAboriginaleducationprograms.

Asaresultofthereview,AMPFoundationwillalsoseektoprovidefundingforinitiativesthatsupportdisadvantagedpeopleofallagesandbackgroundstomoveintoandstayinemployment,andbecomefinanciallysecure–adirectionmorecloselyalignedwithAMP’sbusiness.

Download‘Keytrendsandbestpracticeinphilanthropy:anAMPFoundationandSVAperspective’atamp.com.au/amp/in-the-community/amp-foundation

$4.8m infundsweredistributedtothecommunitybytheAMPFoundation

195 charitiesweresupportedbytheAMPFoundationandAMPemployees

$80.5m hadbeendistributedtothecommunitybytheAMPFoundationsince1992

In 2015…


Thesepartnershipsspanaminimumofthreeyears,althoughsomecontinueformorethan10years.

Ourcommunitypartnersrunin-depthprogramsthathelpaddresssocio-economicdisadvantage.Mostaredesignedtoimproveeducationalandemploymentoutcomesformarginalisedyouth,particularlyfromAboriginalbackgrounds.However,theAMPFoundation’ssocialinvestmentfocusisshiftingtoalsoincludeprogramsthathelppeopleofallagesandbackgroundsmoveintosustainableemployment.

Thefundingprovidedcanconsistofa‘growthcapital’componenttohelpanorganisationdevelop,‘coreinfrastructure’tofundanoperationalrole,programfundingoracombinationofallthree.Wherepossible,theAMPFoundationfacilitatesmentoring,probono,volunteeringandfundraisingforitscommunitypartners,andalsohostsfunctionsinAMPbuildingsontheirbehalf.

Ratherthanorganiseformal‘grantingrounds’,theFoundationproactivelyidentifiesandresearchespotentialpartners.

AMP’s community partners in 2015 were:

Australian Indigenous Mentoring Experience (AIME)equipsyoungAboriginalandTorresStraitIslanderswiththeskillsandconfidencetocompletehighschoolandpursuefurtherstudyandemployment.Partner since20102015 funding: $75,000

Brotherhood of St Laurence runsSteppingStones,amicro-businesssupportandmentoringprogramformigrantandrefugeewomeninMelbourne.Participantsgainsmallbusinessskillsthatenablethemtoincreasetheircommunityparticipation.Partner since20052015 funding:$175,383

CentaCare Wilcannia-Forbes supportsdisadvantagedpeopleinCentralandFarWestNewSouthWales.TheAMPFoundationfundsafinancialliteracyprogram,runbyAboriginalfinancialcounsellors.Partner since20052015 funding:$148,838

Clontarf Foundation usesfootballtoengageAboriginalstudentsatmorethan60schoolsacrossthenationwitheducationandemployment.Toplayfootball,studentsmustattendschoolregularlyanddisplaygoodbehaviour.Partner since20082015 funding:$340,000

CREATE Foundation advocatesforchildrenwithafostercareexperienceandworkswithgovernmentstoimprovetheircareexperience.Italsoprovideschildrenincarewithinformationontheirrights,issuesandlifeskills.Partner since20062015 funding: $454,613

Ganbina helpsyoungAboriginalpeopleinShepparton,Victoriathroughschool-to-worktransitionprogramstoensuretheyreceivetheeducationandtrainingneededtoreachtheirfullpotential.Partner since20052015 funding:$125,000

Our community partners

AMP Foundation takes a strategic and proactive approach to philanthropy by forming long-term partnerships with a small group of charitable organisations.

12 communitypartnersreceived$2.6mtofundprogramsin2015

9 yearswastheaveragelengthoftimewesupportedourcommunitypartners

15 yearswasthelengthofourlongestpartnership–withSVA

In 2015…


TFN’s innovative giving In2015,theAMPFoundationinvitedemployeestoparticipateintwolivecrowdfundingeventsrunbycommunitypartnerTheFundingNetwork(TFN).

HostedatAMP’sSydneyheadquarters,theeventsconnectedourpeoplewiththeworkofeightgrassrootscharitieswhileintroducingmanytoTFN’sunique

approachtofundraising,bringinginmorethan$160,600forthecauses.

TFNwantstomakephilanthropyaccessibletoeveryonebyconnectingpeopleinanenvironmentofgoodwillandreciprocity.Theeventsareacrossbetweenafriendly‘Dragon’sDen’andanopengivingcirclewherepotentialfundershearpitchesfromcharitiestosupportsmall,innovativesocialchangeprojects.

Theminimumdonationpeopleareaskedtomakeis$100,althoughthereisnopressuretogive.

Since2013,whentheAMPFoundationprovidedseedfunding,TFNhasinspirednearly2,000peopletogivemorethan$2.6millioninfundingandin-kindsupporttosmallnon-profitorganisationsaroundAustralia.

The Graham (Polly) Farmer FoundationprovidesAboriginalstudentswithanafter-schoolstudyfacilityandindustrysupport,aswellastutorialandvocationaleducationalassistance.Partner since 20082015 funding: $300,000

Mission Australia runsLeadershipandCulturalAwarenessprogramsthathelpAboriginalAustraliansinKempseyandDubbotograduatehighschoolandmoveintofurthereducationandemployment.Partner since20082015 funding:$200,000

The Salvation Army operatestheAMP614YouthBusinMelbourne.Itprovidesemergencyaidandsupportforhomelessandmarginalisedyouth,andconnectsthemtoservices.Partner since20052015 funding: $200,000

Social Ventures Australia (SVA) investsinsocialchangebyincreasingtheimpactandsustainabilityofthesocialsector.Itsupportshigh-potentialorganisationsthatfostersolutionstocommunitychallenges.Partner since20012015 funding:$250,000

The Funding Network (TFN) organiseslivecrowdfundingeventsforsmall,innovativenon-profitsandhelpstheseorganisationsbuildtheircapacity.Partner since20132015 funding:$50,000

Very Special Kids supportsfamiliescaringforchildrenwithlife-threateningillnessesinVictoria.Itprovidescounselling,bereavementandemotionalsupport,familycampsandprograms.Partner since20052015 funding:$65,000


VolunteeringThroughouttheyear,AMPemployeesinAustraliavolunteered8,522hourstohelp27charities.Theycompleted184differentteamprojects,includingpreparingmealsfordisadvantagedpeopleandmentoringpeoplewithintellectualdisabilities.Ouremployeesalsomade557blooddonationsthroughtheAMPFoundationCommunityProgram,saving1,551lives.

EmployeesfromacrossthenationalsomentoreddisadvantagedhighschoolstudentsonlinethroughTheSmithFamily’siTrackprogram.

Employee fundraisingTheAMPFoundation’sCommunityProgramsupportsAMPemployeeswhoraisemoneyforcharitybydollar-matchingfundraisingupto$1,000peremployeeorupto$10,000perteam.

In2015,ouremployeesraised$451,678for67charities.Employeestookpartin90fundraisers–fromSteptemberfortheCerebralPalsyAlliancetoarelaycyclingeventforVariety.

Ourpeoplealsodonated1,732blanketstoTheSalvationArmyand4,360books,backpacksandtoystotheCREATEFoundationatChristmas.

TheAMPFoundationissupportedinitsinternalworkby70AMPCommunityChampionswhoencouragetheirpeerstoparticipateinvolunteeringactivities,payrollgivingandfundraisingactivities.

Unsung HeroesUnsungHeroesareAMPemployeeswhovolunteerwithacharityformorethan80hoursayearorwhoserveontheboardofacharity.Torecognisetheircontributiontothecommunity,theAMPFoundationdonates$3,000totheorganisationstheyvolunteerwith.

In2015,58UnsungHeroeswererewardedforvolunteeringwithorservingontheboardofacharity,includingScoutsAustralia,theSES,OperationSmile,locallifesavingclubs,StVincentdePaulandmanyothers.

Payroll givingThroughtheAMPFoundation’spayrollgivingprogram,employees’pre-taxdonationsarematchedbythefoundation.Itprovidesavaluablesourceofrevenueforcharitiesworkinginarangeoffields,includinghealthanddisability,theenvironment,animalwelfare,homelessness,educationandinternationaldevelopment.

Duringtheyear,557ofourpeopledonated$321,341tocharitiesthroughpayrollgiving,whichwasmatchedbytheAMPFoundation.

AMP Cancer Council Pro Bono ProgramAcancerdiagnosiscanhaveaheavyimpactoneveryfacetofaperson’slife,includingtheirfinances.TheAMPCancerCouncilProBonoProgramenablesAMPfinancialadviserstosharetheirexpertiseatnocostwithpeopleaffectedbycancer.

Throughtheprogram,peopleaffectedbycancerreceivefreeguidanceonissuessuchasaccessingCentrelinkbenefits,applyingforearlyaccesstosuperannuationandinsurancebenefits,developingabudgetandensuringaregularcashflow,aswellasplanningforthefinancialfutureoftheirfamily.

Theprogramhasgrownsignificantlyoverthepastsixyears,andnowoperatesacrossthenationwith536practicessigneduptoassistfamiliesaffectedbycancerbytheendof2015.Sofar,morethan3,700familieshavebeenhelpedbytheAMPCancerCouncilProBonoProgram,with923casescompletedin2015.

AMP Capital Shopping CentresAMPCapitalShoppingCentresinAustraliaandNewZealandcoordinatearangeofactivitiestosupportbothnationalandlocalcharities.In2015,15AMPcentresformedcharitypartnershipswithlocalnon-profitorganisations,providingfundraising,volunteeringandpromotionalsupport.

AMPCapitalShoppingCentresalsosupporttheworkoftheCREATEFoundation,AnimalWelfareLeagueandRSPCAthroughouttheChristmasperiodbymakingadonationforeverySantaphotopackagesold.Proceedsfromentryticketstochildren’sChristmaseventsanddonationsforgiftwrappingservicesarealsodonatedtoCREATE.

Our community program

AMP’s people have a long tradition of giving back to the community. Through its community program, the AMP Foundation encourages and supports employees working in our Australian offices to donate their time and resources to a range of charities that make a positive impact on the community.


8,522 AMPvolunteerhoursweregivento27charities

$1.8m donatedbyAMPemployeeswithsupportfromtheAMPFoundation

In 2015…

AMP Foundation financial snapshot

For the year ended 31 December2015

$2014

$

Revenuefrominvestmentincome 9,448,395 9,268,638

Donations and payments to the community Partnershipfunding 2,578,196 3,101,102AMPEmployeeVolunteeringandGivingprograms 1,035,762 952,546Communitygiving 198,233 127,300AMPTomorrowFundgrants 1,000,081 1,003,173

4,812,272 5,184,121

Operationalcosts 1,427,059 1,608,786Investmentfees 358,739 357,497

Assets Netliquidassets 4,605,751 5,682,911AMPshares 12,375,572 11,695,129AustralianEquityportfolio 121,794,582 105,649,512AMPCapitalInvestorsunittrusts 995,180NewpinSocialBenefitBond 100,000 100,000TheBenevolentSocietySocialBenefitBond 200,000 200,000

Total corpus 139,075,905 124,322,732

36% ofouremployeesgavetimeandmoneytocharityviaAMPFoundationprograms


Eachyear,AMP’sTomorrowFundoffersamazingAustraliansdoinggreatthingsthechancetosharein$1millioningrants.

Australiancitizensandpermanentresidentsofallages,walksoflife,interestsandabilitiescanapplyonlineforgrantsofupto$100,000.Applicantsareaskedtoexplainwhattheywanttoachieve,whattheyhavedonetomoveclosertoreachingtheirgoalandhowthisbenefitsthecommunity.

In2015,oursecondAMPTomorrowFundprogramattracted4,000peopleseekingfinancialsupporttotakeaspecialprojectorlong-heldpassiontothenextlevel.

Forty-twoindividuals–knownasAMPTomorrowMakers–fromeverystateandterritorywereawardedAMPTomorrowFundgrants.

Theyincludedamarinescientistresearchingthecarbon-storingpotentialofourcoastline,asculptorwhoadvocatesthehealingpowerofart,fiveathletesaimingtorepresentAustraliaatRio2016,asocialinnovatorrunningacatering

businessthatintegratesrefugeesandasylumseekersintothecommunity,aruralnurseworkingtirelesslytohelplocalpeopleaffectedbythedrugice,andanophthalmologistwhohascreatedanappthatcanhelppeopledetectglaucoma.

Another$1millioninAMPTomorrowFundgrantswillbeofferedin2016.ApplicationsopeninAprilandgrantrecipientswillbeannouncedinlateNovember.

AMP’s Tomorrow Fund

AMP believes in helping talented and innovative Australians to create better tomorrows for the community.

TofindouthowtoapplyforagrantandtolearnmoreaboutourAMPTomorrowMakers,visitampstomorrowfund.com.au

How AMP helped our community in 2015

$4.8m infundsweredistributedtothecommunitybytheAMPFoundation

5,420 peoplewereemployedbyAMP

1 in 3 ofAMPLimited’sBoardmemberswerewomen

37% ofseniorrolesatAMPwereheldbywomen–up10%infiveyears

9% year-on-yearreductioninAMP’sgreenhousegasemissionsrecorded

3 yearsasacarbon-neutralbusiness

$1.1b ininsurancepaymentshelpedourcustomers

$2.2b inpensionpaymentshelpedourcustomersinretirement

25,194 carbonoffsetsretiredbyAMP

195 charitiesweresupportedbytheAMPFoundationandAMPemployees

36% ofouremployeesgavetimeandmoneytocharityviaAMPFoundationprograms

4.4mcustomersinAustraliaandNZwerehelpedbyAMPadvice,productsandservices

Contact usphone +612 9257 5000web amp.com.au and ampstomorrowfund.com.auemail [email protected]

facebook.com/AMPaustralia

@AMP_AU or @amp_foundation

linkedin.com/company/amp 2192

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2015 community report - amp · amp employees volunteer their time and skills. it also facilitated...

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