This years awards are sponsored by headline sponsor 
The annual report is far more than a statutory obligation; it is an opportunity for the company to tell its story, vividly, honestly and in its own unique way.These three awards between them recognise “whole report” excellence. Reports may come from different sectors of the business community, but each will demonstrate how to turn an obligation into an opportunity.
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The annual report is far more than a statutory obligation; it is an opportunity for the company to tell its story, vividly, honestly and in its own unique way.These three awards between them recognise “whole report” excellence. Reports may come from different sectors of the business community, but each will demonstrate how to turn an obligation into an opportunity.
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Disclosure on executive remuneration plays a critical role in enabling shareholders to engage effectively in the process of setting pay. Done well, it can offer invaluable insights into the background to and rationale for executive remuneration. This award recognises high-quality remuneration reports which don’t shy away from the difficult issues, and which make the rationale for key decisions clear.
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High-performing boards rely upon high quality information around which to form decisions. Yet what about information on the board itself? How can investors gain assurance that the board is fit for purpose? This award recognises those reports that offer insights into the work of the board – the issues it faced during the year, the skills of the people around the table, and how it equips itself with the skills needed for effective strategic delivery.
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The audit function is vital for ensuring a company is complying with its legal and regulatory obligations. Beyond that, however, lies an even greater value; an effective audit function can bring peace of mind to the board and, investors and other stakeholders as well as to executive management. This award recognises those reports that get under the bonnet and offer quality commentary on such things as how the audit committee goes about its work, how the company manages relations with its external auditor, and how the provision of non-audit services is handled.
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Even before it became a mandatory disclosure, many companies were already reporting on how their directors were complying with their duty under section 172 of the Companies Act 2006 to have regard to the interests of other stakeholders – particularly the interests of employees, suppliers and customers. This award recognises high quality reporting on the business’ efforts to engage with stakeholders.
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The UK Corporate Governance Code requires that listed companies include in their annual report a variety of information about their board performance review – not just how it was conducted and by whom, but also what the outcomes were. This award recognises high quality disclosure on a board review. Strong reports in this category will offer clear insights into the approach taken to reviewing the board and why that approach was the most appropriate for the company.
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This award recognises companies that understand the relationship between sustainability and strategy, and that focus their efforts on what will keep their business in operation for years to come.
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