The Timberland Company Wins Ceres-ACCA North American Awards for Best Sustainability Reporting
At the annual Ceres Conference, Jeff Swartz of The Timberland Company accepted the top award for the best corporate sustainability report as part of the international competition organized by Ceres and the Association of Chartered Certified Accountants (ACCA). The winners, selected from nearly 100 nominations, also included Ford Motor Company and Seventh Generation.
The Ceres-ACCA Reporting Awards program, which began in 2001, is aimed at recognizing exemplary reporting on sustainability performance by corporations, and other organizations across the United States, Canada, and Mexico. The Awards also provide guidance to other groups and companies that are publishing or intend to push sustainability or corporate social responsibility reports.
“Corporations in the 21st Century need to have transparent and honest disclosure of their environmental and social impacts,” said Ceres President Mindy Lubber. “The winners of the Ceres-ACCA reporting awards serve as best practice models for corporate sustainability reporting and demonstrates their dedication to improving sustainability performance.”
Ceres and ACCA believe that highlighting best practices in sustainability disclosure reporting is crucial to driving improvements in sustainability performance—which creates a platform for engagement, an accountability mechanism for internal and external stakeholders, motivates benchmarking, learning, and goal-setting. Sustainability disclosure is just one of 20 expectations for a sustainable 21st century corporation as defined by the newly released Ceres Roadmap for Sustainability. For more information about the Ceres Roadmap, please visit http://ceres.org/company-network/ceres-roadmap.
This year there were 93 entries from companies and organizations, representing over 20 sectors. From these, fourteen reports were short-listed including Citigroup, Coca-Cola, General Electric, and Suncor.
An independent panel of judges representing a broad spectrum of backgrounds in the non-profit, corporate and investment fields selected the winners.
This year’s award winners are:
Best Sustainability Report
The Timberland Company
Timberland’s report follows the company’s theme of “Responsibility runs deep” with its effective usage of a variety of disclosure strategies, quarterly updates with new data on key performance indicators, and an excellent discussion of the company’s challenges and their efforts towards building an industry-wide standard for labeling. The report also expands upon traditional communication strategies by offering stakeholders new opportunities to engage with Timberland on sustainability issues.
Best Sustainability Report (First Runner Up)
Ford Motor Company
Ford’s 2008-09 Blueprint for Sustainability Report addresses the fundamental challenge of sustainability and presents detailed discussion of the company’s economic recovery plan including current progress, restructuring plans, and sustainable strategies. In addition, the report clearly connects sustainability with the business strategy by highlighting past performance, mistakes made, how the company is working to further integrate sustainability into their business model, and their approach for identifying and assessing material risks.
Best Small and Medium-Sized Enterprise (SME) Report
Seventh Generation The 2008 Corporate Consciousness Report takes a look into the company’s vision for “Reinventing the Purpose and Possibility of Business” with an in depth discussion of Seventh Generation’s engagement with its manufacturing partners to improve sustainability performance. The report provides transparent discussion of the increasingly competitive industry and describes how Seventh Generation is working to change its industry through collaboration for improved disclosure.
Ceres is a national network of over 130 investment funds, environmental organizations, labor unions and public interest groups working to increase corporate responsibility. Formed in 1989, Ceres created the Ceres Principles, a pioneering 10-point code of corporate environmental conduct that lead to widespread adoption of environmental principles by corporations worldwide. In 1997, Ceres launched the Global Reporting Initiative (GRI), which has become the internationally established standard for corporate reporting on the “triple bottom line” of economic, social and environmental performance. GRI is now an independent institution, with over 1500 companies using the guidelines. Ceres also directs the Investor Network on Climate Risk (INCR), a network of 90 institutional investors and financial firms with collective assets totaling nearly $10 trillion in assets under management.
The Association of Chartered Certified Accountants (ACCA) is a global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. ACCA has promoted transparency in reporting the impact of business activities on sustainable development through its sustainability awards program since 1991, and is involved in reporting awards in more than 20 countries around the world. ACCA is the largest international accountancy body with 325,000 students and 122,000 members in 170 countries.
CorporateRegister.com is the Communications Supporter of the Ceres-ACCA Sustainability Reporting Awards program. CorporateRegister.com is the global corporate responsibility (CR) resources website. It hosts the world’s most comprehensive directory of CF and sustainability reports, profiling nearly 23,000 reports worldwide from over 5,000 companies. With an archive stretching back to 1990, it is indispensible for anyone working in the field of CR and sustainability report. www.corporateregister.com