PWC Building Public Trust Awards for excellence in reporting
30 November 2010
PWC's 8th annual awards for excellence in Reporting in the FTSE 100 & 250 were announced in November.
According to PWC, corporate reporting excellence is demonstrated when a balance is achieved between the three pillars of reporting - content, quality and linkage. Within content we look at the information the company has chosen to report – does it include all the elements we would expect to see and focus in on the key messages? Does it provide a balanced assessment of the quality and sustainability of the underlying operating performance of the company? Quality refers to the depth of the information – does the company use only qualitative information or is it supported with quantitative data, benchmarks and targets? Does the reporting cover the past, present and future? Finally, for linkage, we consider how well a company demonstrates a clear and consistent message throughout its reporting and whether the different elements reported relate back to the strategic themes set out as key to company success.
The award winners for 2010 were as follows:
Executive Remuneration Reporting
Executive Remuneration Reporting in the FTSE 100
Winner: Scottish & Southern Energy plc
Highly commended (in alphabetical order): BAE Systems plc, Old Mutual plc
People Reporting
People Reporting in the FTSE 100
Winner: Lonmin Plc
Highly commended (in alphabetical order): InterContinental Hotels Group PLC, Vodafone Group Plc
People Reporting in the FTSE 250
Winner: WS Atkins plc
Highly commended (in alphabetical order): Amlin plc, Northern Foods plc
Tax Reporting
Tax Reporting in the FTSE 100
Winner: Vodafone Group Plc
High commended (in alphabetical order): Kazakhmys PLC, SAB Miller plc
Tax Reporting in the FTSE 250
Winner: Pennon Group Plc
High commended (in alphabetical order): The Rank Group Plc, QinetiQ Group PLC
Building Public Trust Sustainability Reporting award winners
Building Public Trust Awards 2010: Sustainability Reporting in the FTSE 100
Winner: Xstrata plc
Highly commended (in alphabetical order): British American Tobacco p.l.c., Centrica plc
Building Public Trust Awards 2010: Sustainability Reporting in the FTSE 250
Winner: The Berkeley Group Holdings plc
Highly commended (in alphabetical order): Balfour Beatty plc, Ladbrokes PLC
Building Public Trust 'Excellence' in Reporting award winners
Building Public Trust Awards 2010: 'Excellence' in Reporting in the FTSE 100
Winner: Man Group plc
Highly commended (in alphabetical order): National Grid plc, Xstrata plc
Building Public Trust Awards 2010: 'Excellence' in Reporting in the FTSE 250
Winner: Great Portland Estates plc
Highly commended (in alphabetical order): Amlin plc, Logica plc
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