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May 27, 2010

Brazil leads the way in sustainability reporting

Brazilian companies dominated the 2010 Global Reporting Initiative (GRI) Readers’ Choice Awards for sustainability reporting, taking out all six awards.

Brazilian bank Banco do Brasil claimed the best overall title by scoring the highest average score across all the award categories.

Banco do Brasil also won the best report as judged by the investor community and the best award as judged by internal stakeholders.

The other winners were:

  • Mining company Vale won the best report as judged by civil society;
  • Cosmetic company Natura Cosmeticos won the best report as judged by its own value chain; and,
  •  Private bank Banco Bradesco won the most effective report award.

More than 3,600 readers in 55 countries participated in the scoring process, marking 1,100 reports from 60 countries.

GRI Readers Choice Awards ceremony was held at the Amsterdam Global Conference on Sustainability and Transparency on 27 May.

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