Christian business wins top award for social reporting
A Christian business has won a top award for its approach to social reporting.
Christian-based Traidcraft, which is dedicated to fighting poverty through trade, has earned top honours in the prestigious 2005 ACCA UK Sustainability Awards.
In a 22-strong field which included some of the biggest names in the City, industry, the public sector and the media, Traidcraft plc collected the award for the best social report - the fourth year in succession its name has appeared on the trophy list.
ìAfter three years in which we have been joint runner-up, joint winner and sole runner-up respectively, it is wonderful to be sole winner of the award at last,î said Traidcraft chief executive Paul Chandler.
In their citation, the judges praised the strong focus on stakeholder views in the Traidcraft report as well as the appropriateness of the indicators measured and the methodology used.
They concluded: ìIt is very readable, with limited ëglossí and ëPR fluffí. Instead, it communicates the most relevant and pertinent social issues facing the organisation in a concise and well-presented way.î
Accepting the award, Paul Chandler challenged those who claimed social accounting was too costly or too difficult for any but the largest organisations.
ìI hope our success demonstrates that, with a little thought and commitment, sustainability reporting can be done well, without the need for an unreasonable level of resources. If a small organisation like Traidcraft can do it - and benefit from it - then so can everyone!
ìWe are committed to innovating and to promoting good practices in sustainability reporting which is why we are engaged with some of our European partners in a project called The Responsible Purchasing Initiative, which seeks to develop better indicators for the impact of corporate purchasing practices on communities in the developing world.
ìWe believe that sustainability reporting can make a major contribution towards our vision of fighting global poverty through trade, so we are delighted that many companies, of all sizes, are now adopting the approaches that we played a key part in pioneering.î