Rewarding transparency:

ACCA to hold reporting awards

With transparency and accountability now firmly embedded in the annals of sustainability reporting in Sri Lanka, ACCA is now preparing for the seventh ACCA Sustainability Reporting Awards to be held on February 24 at the Cinnamon Grand.

The event showcases the importance of sustainability reporting, building on the GRI guidelines and triple bottom line reporting. The chief guest will be 2007 Nobel Prize for Peace Co-Winner, IPCC-AR4 Vice Chair and Sustainable Development Professor, Manchester University, UK who is also a Peking University Guest Professor, the Munasinghe Institute for Development (MIND) Colombo Chairman Professor Mohan Munasinghe. Also attending as Guest of Honour will be ACCA global President, Mark Gold. The awards are conferred on companies who have conformed to reporting guidelines in the small, medium and large sectors, in addition to companies who are worthy of runners up accolades.

Gaining these kudos as winners last year was HNB in the large category, DIMO in the medium category and HNB Assurance in the small category. CTC and John Keells Holdings emerged Joint Runners up in the large category, while in the medium and small categories, Union Assurance and Chemanex came in as runners up respectively.

This year, ACCA plans on adding a new award to the categories, to a company that has embarked on Sustainability Reporting as a first time initiative.

The awards, which is a global initiative and is based on judging guidelines established by ACCA worldwide, is currently held in over 25 countries.