Reconciliation Action Plan 
 

 Reconciliation Action Plan 

Our Vision

Export Finance and Insurance Corporation (EFIC) endorses the objective of a united Australia which values Aboriginal and Torres Strait heritage, cultures and peoples and which provides justice and equity for all Australians.

Our commitment to reconciliation

Our reconciliation commitment is to influence reconciliation both within EFIC and within the Indigenous exporting community, which is the section of the community we support.

We will do this by:

  • implementing programs within EFIC aimed at engendering an appreciation of indigenous culture

  • in the course of conducting our business with banks and allies, including Austrade, ensure Indigenous Australian companies who are involved in exporting are aware of EFIC’s services.

Reconciliation Australia

Our business

EFIC provides finance and insurance solutions to help Australian exporters overcome the financial barriers they face when growing their business overseas. As the Australian Government’s export credit agency, we help successful businesses to win, finance and protect export trade or overseas investments where their bank is unable to provide all the support they need.

We work directly with exporters or with their banks to provide loans, guarantees, bonds and insurance products which can be tailored to meet the needs of both large and small exporters.

EFIC is uniquely placed to do this: we use over 50 years of export finance and industry expertise, contacts at financial institutions around the globe, the strength of our AAA credit rating and an entrepreneurial business approach to make export deals happen. We practise responsible lending and uphold OECD standards on the social and environmental aspects of the transactions we support.

Relationships

EFIC believes relationships with Aboriginal and Torres Strait Islander people are important in building cultural diversity
and understanding within the organisation. Hence, we will endeavour to build and maintain respectful partnerships with Aboriginal and Torres Strait Islander peoples.

Focus area: To raise awareness of our services among Indigenous exporters and promote local connections.

Action Responsibility Timeline Measurable target
Establish a Reconciliation Action Plan (RAP) working group involving the executives Head of HR Feb 2011 – Mar 2011 RAP working group established
Consultation on RAP initiatives with an Indigenous coordinator from Reconciliation Australia RAP working group Mar 2011 – Apr 2011 Approval of RAP from Reconciliation Australia
Queensland project – pro bono work by our managers and staff members RAP working group Dec 2010 – Jun 2011 Work done in line with the project deadlines
With the help of Austrade, reach out to the Indigenous exporters community about the services EFIC can provide RAP group and SME team Jun 2011 – Jul 2011 Number of contacts and connections made in the community

Respect

EFIC will acknowledge Aboriginal and Torres Strait Islander people’s land and will aim to promote their culture at various events hosted by EFIC.

Focus area: Promoting appreciation of indigenous culture within EFIC and at EFIC-hosted events.

Action Responsibility Timeline Measurable target
Performing “Welcome to Country” at major events hosted by EFIC RAP working group and Marketing Dec 2011 Each major international event
Displaying Indigenous art at our office RAP working group and Property Manager Dec 2011 Minimum two artworks displayed with associated commentary and background
Providing visiting delegates with Indigenous products as presents at events hosted by EFIC RAP working group and Marketing Dec 2011 Each major international event
Celebrating or participating in one of the Indigenous events – NAIDOC week or National Reconciliation Week RAP working group Dec 2011 Support staff members to attend external events
Establishing a plaque to acknowledge the original landowners RAP working group and Property Manager   Plaque established at the end of refurbishment at EFIC

Opportunity

Creating employment opportunities for Aboriginal and Torres Strait Islander peoples will provide EFIC with an opportunity to help close the gap and strengthen its ties with the Aboriginal and Torres Strait Islander community.

Focus area: To provide a supportive and productive work experience program for Indigenous Australians

Action Responsibility Timeline Measurable target
Provide work experience to a graduate in conjunction with Austrade and the Department of Foreign Affairs and Trade RAP working group Dec 2011 – 2012 Provided work experience to at least one graduate
Develop an employment strategy for recruiting a graduate with appropriate skills at EFIC RAP working group Jun 2011 Strategy developed and relationships formed with appropriate agencies

Tracking progress and reporting

Action Responsibility Timeline Measurable target
Provide the finalised RAP to staff RAP working group Mar 2011 Published on the EFIC intranet, on our website and Reconciliation Australia’s website
Provide annual reports for RAP using Reconciliation Australia’s traffic light system to identify achievements, future opportunities and learning RAP working group Dec 2011 RAP annual report published on the Reconciliation Australia website
Revise RAP RAP working group Dec 2013 Refreshed RAP endorsed by Reconciliation Australia

Download the Reconciliation Action Plan for 2011-2013 as a PDF.