(New York, 1 October 2007) – The online sustainability awards scheme - the Readers Choice Awards (RCA) - was launched today by the Global Reporting Initiative (GRI). As one of the partners in the project, the Global Compact will actively promote the awards designed to bring clarity to the relevance and credibility of sustainability reporting.
The Global Compact and the Global Reporting Initiative entered into a strategic alliance in October 2006. The alliance provides the global private sector with an opportunity to embrace a comprehensive and integrated responsible business strategy. The Readers Choice Awards is part of the continuing efforts of the Global Compact and the GRI to promote public accountability and transparency.
The Readers Choice Awards provides for the first time an opportunity for the public to express their views about corporate sustainability reports, and will contribute not only to increase the insight into the identity and preferences of sustainability reports readers but also analyze whether reports meet the needs of companies’ stakeholders.
People interested in participating in the survey are encouraged to select the sustainability reports that interest them most, and provide scores using five simple criteria. The scoring period is open until 31 December 2007. The Awards and an accompanying survey report will be issued at the Amsterdam Global Conference on Sustainability and Transparency in May 2008.
The Global Compact will actively promote the survey and awards scheme through its networks, and will work with specific networks for a more proactive approach to ensure strong readers’ participation in the survey.
Fore more information about GRI, or to participate in the Readers Choice Survey, visit www.globalreporting.org.
Communications on Progress Manager