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Comparing the Financial Performance of Qantas and Woolworths
By making substantial charitable donations to the community, companies show high commitments to their social responsibilities which may assist in the investment decision of ethical investor. Qantas, being the first airline in the world to implement the initiative, has raised significant funds for UNICEF programs that help disadvantaged children around the world also continued to raise substantial funds for a range of causes. (www.qantas.com.au) Similarly, Woolworths raised around $3.5 million on behalf of Children's Hospitals across Australia. Woolworths has also worked with the Fred Hollows Foundation to make a contribution to the provision of healthy and fresh foods for several indigenous communities situated in remote areas near Katherine in the Northern Territory. (www.woolworthslimited.com.au)…
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