The ACCA Sri Lanka Sustainability Reporting Awards takes place on February 14 in Colombo aimed at embedding the tenets of transparency and accountability into the reporting process prevalent within the corporate and public sectors of Sri Lanka.
ACCA has for the last seven years steadily rewarded transparency, based on the GRI guidelines and triple bottom line reporting, the professional accountancy organisation said.
In addition to conferring the prestigious awards on companies who have conformed to these reporting guidelines in the small, medium and large sectors, ACCA also rewards runners up worthy of commendation as well as honours first time entrants with a specil award. Last year, John Keells Holdings won in the large category, while HNB emerged as the First Runner Up and Sampath Bank gained a commendation. In the medium category, Aitken Spence Hotel Holdings and DIMO were adjudged Joint Winners, with People's Leasing Company obtaining a commendation. HDFC Bank, the winner in the small scale category was also presented the winning award in the First Time Entrant category, while HNB Assurance became Runners Up in the small sector.
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.
ACCA Sri Lanka President, Nisreen Rehmanjee said, "In recognising the need for full integration of sustainability principles within an organisation's business strategy, the ACCA Sri Lanka Sustainability Reporting Awards rewards transparency in this reporting process. The criteria are globally benchmarked and with this, ACCA remains extremely committed to ensuring that stakeholders become partners to the organisations' success." |
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