ACCA sustainability reporting awards on Feb 24 for the 12th successive year
View(s):The Association of Chartered Certified Accountants (ACCA) Sri Lanka, for the 12th successive year, will reward Sri Lanka’s most transparent, accountable and responsible entities at the ACCA Sustainability Reporting Awards on February 24 at the Kingsbury. This year’s awards spotlight seven categories in addition to rewarding the overall winner and runner up. The seven categories are Conglomerates and Diversified, Banking, Financial Services and Insurance, SME (turnover less than Rs 1 billion), Retail and Trading, Leisure and Connected Services and General Services and Utilities, the association said.
President of the Member Network Panel of ACCA Sri Lanka Danushka Samarasinghe said that, “ACCA, while being one of the largest global accounting bodies, has identified the importance of reporting sustainable corporate initiatives and developing a framework to encourage more acceptance and participation of the same. Through this, we envisage developing Sri Lankan institutions to nurture exemplary sustainable business conduct and share their achievements with the stakeholders effectively”.
In addition to Sri Lanka, the ACCA Sustainability Reporting Awards are held in a number of countries including Australia, Canada, Hong Kong, Ireland, Malaysia, New Zealand, Pakistan, Singapore, South Africa, Sri Lanka, the UK and the USA with similar awards, largely based on the ACCA criteria, existing in Belgium, Denmark, Finland, France, Germany, Holland, Italy, Luxembourg, Norway, Portugal, Spain, Sweden and Switzerland.