Life changed for many people when the COVID-19 pandemic spread across globe in early 2020 and people’s lives and livelihoods were being impacted by an ever-changing situation.
In response, Newcrest established the A$20 million Community Support Fund, with a clear purpose. To provide financial assistance for programs and initiatives that would support the preparedness and response to COVID-19.
Working with communities in Newcrest’s key areas of operations to identify funding opportunities -from April 2020 to June 2022, 67 programs and initiatives received funding from the Community Support Fund, with a total value of A$11.425 million as of 30 June 2022.
On the back off the success of the Community Support Fund, the Newcrest Sustainability Fund was launched for A$10 million in FY23, driving strategic social investments in support of the United Nations Sustainable Development Goals.