Finalists Chosen for Ceres-ACCA North American Sustainability Reporting Awards
Ceres and the Association of Chartered Certified Accountants (ACCA) today announced the shortlist of candidate reports for the Ceres-ACCA North American Sustainability Reporting Awards for 2008. Of the 99 sustainability reports received, 19 were selected for further consideration by the judges’ panel that meets next month. The final winners will be announced at an ACCA Canada hosted awards ceremony at the Carlu in downtown Toronto on April 6, 2009 and at Ceres 20th Anniversary Conference at the Fairmont Hotel in San Francisco on April 15-16, 2009.
Now in its eighth year, the awards program is designed to highlight best practices in reporting on sustainability issues by North American organizations, and to provide guidance to other groups and companies that are publishing or intend to publish sustainability or corporate social responsibility reports. This year there was an increase in the number of submissions in the first time reporter and small to medium-sized enterprise (SME) categories. Six reports from the two categories made it into the final shortlist.
"In this time of economic duress, it is of utmost importance for companies to both understand and mitigate financial risks, including environmental and social impacts.” said Mindy Lubber, president of Ceres. “The Ceres-ACCA reporting awards recognize those companies which not only document their performance, both positive and negative, but also set clear targets for future progress.”
"ACCA is encouraged to see a wide range of sectors represented in the shortlist this year, including four first-time reporters,” said Paul Costello, head of ACCA Canada and US. “Recognition of the importance and benefits of sustainability reporting continue to increase and the leadership of these companies provide an example for others to emulate.”
The awards are not intended to endorse or reward corporate sustainability performance, but rather to acknowledge exemplary disclosure that places performance in the broader context of sustainability challenges, risks and opportunities. The judging criteria address completeness, credibility and quality of communication. The panel of 11 judges includes North American leaders and experts representing a broad spectrum of backgrounds.
- American Electric Power
- Ball Corporation (First Time Reporter)
- Calvert (SME Reporter)
- Kinross Gold Corporation (First Time Reporter)
- McDonald’s Corporation
- Seventh Generation (SME Reporter)
- Symantec (First Time Reporter)
- Vancouver 2010
- Williams (First Time Reporter)
For 16 years, ACCA has held annual awards – first in the UK and now in more than 20 countries – to promote transparency in reporting the impact of business activities on sustainable development. 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.
CorporateRegister.com, the world's most comprehensive directory of corporate non-financial reports, profiling over 19,000 reports worldwide, is the communications partner for the awards program. For more information about the awards program visit www.ceres.org or www.accaglobal.com/sustainability.
Founded in 1989, Ceres is a leading network of investors, environmental groups and other public interest organizations working with companies to address sustainability challenges such as global climate change. Ceres also directs the Investor Network on Climate Risk (INCR), comprised of 75 investor members who collectively manage more than $6 trillion in assets. For more information, visit www.ceres.org.
The Association of Chartered Certified Accountants (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.
Ceres-ACCA 2008 Reporting Awards Judges Panel
William Blackburn Consulting
Chantal Line Carpentier
Sustainable Development Officer, Department of Economic and Social Affairs
External and Stakeholder Relations Coordinator
Ontario Ministry of the Environmen
Canadian Business for Social Responsibility
Director of Research
KLD Research & Analytics
Julie Fox Gorte
Senior Vice President for Sustainable Investing
Holcim (US) Professor of Sustainable Enterprise
The University of Michigan
Director, Private Sector Team
Stakeholder Research Associates, Canada
Director of Social Research
Walden Asset Management
Research Director, Global Corporate Citizenship
The Conference Board