The UKSIF award for:
Best Sustainability in an Annual Report
Ed Thacker, Land Securities Group, and Penny Shepherd, UKSIFJohnson Matthey plc
Land Securities Group plc
Northumbrian Water Group plc
J Sainsbury plc
This award recognises the best sustainability in annual reporting by a FTSE100 or a FTSE250 company. Sustainability is integral to strategic thinking and to strategic management, but many companies prepare a separate sustainability or corporate responsibility report. What really matters, though, is for a company to show how it integrates its approach to social, environmental and economic matters and the related governance processes into the overall strategy for the business. The Annual Report is the key document for demonstrating the interdependent linkage and communicating the coherent discussion.
Ultimately, the judges decided the award should go to Land Securities Group. Quite simply, Land Securities leaves the users of its 2010 Annual Report in no doubt as to its long-term, fundamental commitment to corporate responsibility or of the integral strategic importance of sustainability to the Group. This is not a mere précis or paraphrasing of a separate corporate responsibility report. Land Securities Group portrays here sustainability as an intrinsic element of the business.
About UKSIF:
UKSIF, the sustainable investment and finance association, promotes responsible investment and other forms of finance that support sustainable economic development, enhance quality of life and safeguard the environment. It supports the UK finance sector to be a global leader in advancing sustainable development through financial services. Founded in 1991, it has over 250 members including over sixty asset managers and other financial institutions, together with pension funds, investment consultants,
research providers, non-governmental organisations and financial advisers. For more information, visit www.uksif.org.