8 core criteria are applied to Best ESG Report, Best Sustainability Report for Non-listed Company, Best GRI Report, Excellence in ESG Governance, Newcomer Award and Outstanding Improvement Award.
Strategy
Forward-looking ESG/sustainability strategy integrated with business strategy
Governance
Strong involvement and commitment from the board of directors in leading the organization to manage sustainability risks and opportunities and achieve its sustainability goals
Materiality and stakeholder engagement
Describe the process and address the most significant impacts and issues concerned by stakeholders
Disclosure of management approach
Relevant management approach, initiatives, results achieved, and its evaluation, presented in a balance and coherent manner, going beyond minimum disclosure level.
Performance Targeting
Set measurable and time-bound targets on important KPIs and reported on plans, initiatives and progress in achieving them
Communication
Concise and easy to understand, with appropriate use of graphs, links and innovative presentation approach
Transparency
Transparent, honest account on the organization’s ESG performance including risks, shortcomings and non-compliance, with plans and solutions towards improvement
Sustainability standards and initiatives
Extra points awarded to reports that seek third party assurance, adopted Framework, UN SDGs, TCFD Framework and/or other international sustainability standards and initiatives
Specific Criteria
Excellence in Environmental Positive Impact
Excellence in Social Positive Impact
Identified risks and opportunities within its operations and along its value chain where value can be created
Demonstrated the long-term strategy in making an impact in achieving UN SDGs (e.g. resolving environmental challenges or progressing towards a socially just, coherent and healthy society)
Disclosed actions taken with quantifiable results, scope of impact, targets and future plans of the initiatives
Carbon Neutral Award
Public available statement committing or declaring towards carbon neutrality
Performed carbon audit, reflecting on its carbon emissions
Disclosed actions taken to reduce carbon emissions and set a target along with a carbon management plan
Note: Only publicly available report will be considered for judging the entry. Information and supplementary materials provided in the Entry Form will be taken into consideration. ESG information which is not publicly disclosed or available will not be accepted as a basis for judging.