Criteria - Sustainability Reporting Award 2010

Overall Principle

That sustainability reporting provides the key stakeholders with a clear understanding of the significance of sustainability impacts to key business activities, and the strategic actions taken in response to these impacts.

Supporting criteria (not in order of preference):

• Reported information is determined by its importance to the company’s strategy and the extent to which it impacts on key business activities
• The impacts of sustainability trends on the business in the short, medium and longer term are assessed and explained
• Information is reported for each critical area of business activity with the connection between sustainability and financial performance demonstrated through the use of financial, non financial and narrative information
• Targets have been set and performance against these targets explained
• Reported information includes upstream and downstream impacts of products and services, where these are material
• Reporting is integrated into mainstream annual reporting
• An assessment of how the company is reducing its risk and will earn profits by integrating social and environmental issues into its business
• Reported information being verified and assessed by an independent third party. Including what information is verified; by whom; whether the entire report or only portions: and level of assurance
• Reports should provide data that is consistent, relevant and comparable. This will be marked based on the data being complete (not just carbon); normalised; comprehensive; and monetised

Applications

The application period for Globe Award 2010 has expired.
The winners will be announced April 7.