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Winners Announced in CRI Awards

31 May 2010 at 10:47 am
Lina Caneva

EnergyAustralia and PricewaterhouseCoopers have won top awards in the seventh Corporate Responsibility Index (CRI) Awards at the 11th National Business Leaders Forum on Sustainable Development

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Lina Caneva | 31 May 2010 at 10:47 am

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EnergyAustralia and PricewaterhouseCoopers have won top awards in the seventh Corporate Responsibility Index (CRI) Awards at the 11th National Business Leaders Forum on Sustainable Development announced at Parliament House, Canberra.

The awards were presented by Dame Julia Cleverdon DCVO, CBE (Vice President, UK Business in the Community) and Peter Hanlon (Group Executive People & Transformation, Westpac).

The Corporate Responsibility Index (CRI) is a leading, independent measure of responsible and sustainable business practice. The Index (CRI) is part of the National Responsible Business Practice Project funded by the Federal Government, through Treasury to enable St James Ethics Centre to engage Australian businesses in identifying and adopting more responsible business practices.

The winners and their categories were:

EnergyAustralia (Best Overall Performance Platinum Award)
PricewaterhouseCoopers (Best Progress Gold Award)
New Zealand Post Group (Best Progress Silver Award)
Western Power (Best Progress Bronze Award)

Platinum Award certificates were also presented to Australian Broadcasting Corporation and Country Energy for achieving the new Platinum level introduced to the CRI in 2009 for companies that achieve an overall score of 95% and above.

Other results from the seventh CRI include:

Top four companies in order of performance were EnergyAustralia, Australian Broadcasting Corporation, Country Energy and Diageo Australia.
Average overall 2009 Aus/NZ CRI score was 85.4% (silver). This is the highest score achieved since the CRI was first launched in Australia and New Zealand in 2003.

Over 350 companies have participated in the CRI globally to date including 70 in Australia and New Zealand.

The CRI review says the most striking results that mark out this year’s Australian/ New Zealand CRI participants as leading companies, include the average overall scores of 90% achieved for CR leadership (Gold) and 99% achieved for CR advocacy (Platinum).

It says It should come as no surprise that the Index results evidence a strong positive correlation between Board and/or Senior Executive commitment to corporate responsibility and overall performance in the Index – the higher the number of senior company representatives with accountabilities in this area, the higher the Index score.

The 2009 Australian and New Zealand Index participants have now been on the CRI journey for an average of three years each. A seven year record of CRI participation is held by Foster’s Group Limited. This includes three years of Gold level achievement from 2006 to 2009.

EnergyAustralia has also participated in the CRI for the past six consecutive years. The report says that with this commitment to corporate responsibility best practice, EnergyAustralia has won the 2009 Best Overall Performance Platinum Award – for the company that has achieved the highest overall score in the 2009 Aus/NZ CRI.

This is the third consecutive year in which EnergyAustralia has won this award.

For more information go to: www.corporate-responsibility.com.au