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Nike, AEP Win in Ceres Environmental Reporting Awards

Nike has won the top prize in sustainability reporting awards run by investment advocacy group Ceres and the Association of Chartered Certified Accountants (ACCA).

In the awards at the Ceres conference in Oakland, Calif., Nike won for best sustainability report, with American Electric Power the runner-up. Anvil Knitwear won for best first-time report. SAP won a commendation for innovative use of web and social media.

The awards began in 2001, and this year there were 98 entries from companies and organizations in more than 20 sectors. From these, 17 reports were short-listed and four winners chosen.

“Nike’s report addresses the new context within which business must operate—one with a rising global population, decreasing natural resources, and an unstable climate—and reveals how Nike, in an effort to take a competitive advantage, is shifting to a more sustainable business model,” Ceres said.

The award organizers said that Nike’s report also “demonstrates the company’s commitment to scaling sustainability solutions through the open sourcing of its audit and design tools and its integral role in the creation of the Green Xchange platform.”

The judging criteria (pdf) address completeness, credibility and quality of communication. The judging panel currently includes nine North American experts representing a broad spectrum of backgrounds in the nonprofit, corporate and investment worlds, Ceres said.

In the CR Reporting Awards 2011, handed out in March by Corporate Register, Hewlett-Packard won the best report award for Changing the Equation, HP Global Citizenship Report 2009. Runners-up were Coca-Cola and Bayer AG, for their 2009 reports.

The CR awards are decided by the votes of Corporate Register users.

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4 thoughts on “Nike, AEP Win in Ceres Environmental Reporting Awards

  1. AEP is the largest emitter of greenhouse gases in the USA. When I go to their website and click “sustainability”, I get told how they comply with environmental regulations (like they should get credit for that), how they make a lot of money, how they employ a lot of people, and how they want to keep their prices low (but, apparently, only by imposing externalities on society, not if it means reducing their profitability).

    I guess I should be glad their reporting only took second place.

  2. AEP burns more coal than any utility in North America and 40 years after the passage of the Clean Air Act, 40% of its plants still lack advanced pollution control limits. Other utilities are working with EPA to acheive strong emissions standards while AEP has drafted a 56-page bill to delay emission limits even longer. Their bill will result in 34,000 premature deaths in the first two years alone.

    Not sure why someone thought they should get a sustainability award. What a joke.

  3. I’m as big a critic of AEP as anyone, but I think this is an award given for the quality of the report (“The judging criteria address completeness, credibility and quality of communication.”), not necessarily the policies, corporate ethic, or environmentalism of the company. Rather than condemn them or the accounting firm, I think we should view the report as valuable information with which to analyze continue critiquing their policies, and give them a pat on the back for providing it to us.

  4. Yes AEP got an Env REPORTING award for disclosure — NOT for environmental performance. Let’s face it, if companies are not encouraged and rewarded for making full disclosure of their impacts, it will continue to be hard to know what they are doing and push them to improve their performance. Making disclosure ONE standard of sustainable business practices is essential to move companies forward and make our economy and climate more stable.

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