ACCA Reporting Awards today
The country's pioneering Sustainability Reporting Awards organized by
ACCA Sri Lanka will reward the country's most transparent corporates
today under the aegis of Prof Mohan Munasinghe renowned expert on
energy, climate change and sustainable development. Professor Mohan
Munasinghe and guest of honour, ACCA President Mark Gold. The awards are
developed and judged on global criteria developed by ACCA and are
aligned to the Global Reporting Initiative (GRI) guidelines for
sustainability reporting.
The awards are held in thirty countries around the world and tonight,
eight more Sri Lankan companies will join the ranks of the most
transparent companies in the world. One organization will also win the
First Time Entrant award, introduced by ACCA this year into the awards
portfolio. Past winners include Ceylon Tobacco Company, John Keells
Holdings, HNB, Diesel and Motor Engineering Company, Holcim Lanka,
Chemanex, HNB Assurance and Union Assurance.
The judging criteria split into three categories, looks at
completeness, credibility and communication with all reports considered
by a judging panel of independent experts in sustainability and
environmental reporting disclosures.
The objective of the awards is to benchmark Sri Lanka's business
houses, both in the large and SME segments against global reporting
guidelines, encouraging them to act more accountably and with greater
transparency, building on the trusses of sustainable development rather
than ad hoc philanthropy.
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