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ICBC Wins "2010 Award for Best CSR Report in Banking & Insurance Industry"
 

Recently, ICBC won the "2010 Award for Best CSR Report in Banking and Insurance Industry" at the "2010 (Second Annual) A-share Listed Companies CSR Report and Socially Responsible Investment Forum and Award Ceremony" organized jointly by Rankins CSR Ratings, Hexun.com and Det Norske Veritas (DNV) in Beijing.

"2010 Award for Best CSR Report" objectively reviewed and summarized the attempts by A-share listed companies to communicate corporate performance in CSR report. The aim of the Award is to encourage better report on corporate social responsibility by the listed companies and increase awareness and accountability on socially responsible investments. The judging criteria on all the CSR reports from A-share listed companies comprise a range of factors on professional reporting, media reports and stakeholders feedback. ICBC won the award by demonstrating clear rationale for reporting, rich information and visibility of relevant details in the report.

ICBC has published CSR reports for three successive years since 2007. ICBC CSR report starts from three lines of economic performance, environmental performance, social performance and presented in six themes of value banking, green banking, loving banking, harmonious banking, trust banking and brand banking. The report addresses the needs of different customer groups and fully reflects the features of the banking industry. In terms of transparency, quantitative indexes and qualitative analysis were combined for cross comparison horizontally and vertically. ICBC CSR report shows clear articulation of the meaning of sustainable development between ICBC and social environment. Winning the award is the confirmation from the public on the high quality of the CSR reports compiled by ICBC.


(2010-09-27)
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