ACCA sustainability reporting awards today

The country’s pioneering Sustainability Reporting Awards organised by ACCA Sri Lanka will reward the country’s most transparent corporates today under the aegis of Chief Guest, Sri Lanka’s first and only Nobel prize winner, Co-Laureate 2007 Nobel Prize for Peace and internationally renowned expert on energy, climate change and sustainable development Professor Mohan Munasinghe and Guest of Honour, Former Chairman of Sri Lanka Tourism Renton de Alwis. 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, four Sri Lankan companies will join the ranks of the most transparent companies in the world. Past winners include Ceylon Tobacco Company, John Keells Holdings, Diesel & Motor Engineering Company, Holcim Lanka 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/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.