Australian Sustainability Awards Announced
2 December 2010 at 11:38 am
Biopharmaceutical company CSL Ltd has won Ethical Investor's Sustainable Company of the Year Award, announced at a luncheon in Sydney, and Lend Lease has been named Sustainable Company of the Decade.
The Australian Sustainability Awards, now in their tenth year, recognise best practice in corporate sustainability across Australian companies.
As part of its tenth anniversary, Ethical Investor presented a special award, Sustainable Company of the Decade, to Lend Lease.
Ethical Investor says Lend Lease kicked off in 2000 as an early-starter in community support and employee volunteering, had a woman as chair and played a key role in making the Sydney Olympics the green games. In 2004 it completed The Bond, Australia’s first CBD green building.
The company also won the award Social-Community in 2008 for its design (with GPT) of the New Rouse Hill community development and it was recognised in Davos as one of the Global 100 most sustainable companies.
Greens leader Senator Bob Brown, who gave the keynote speech on Tasmania’s forests, presented the Ethical Investor’s Champion of the Decade Award – celebrating 10 years dedicated to Australia’s responsible investment scene – to Erik Mather, managing director, Regnan.
The judges noted that CSL – which researches, develops, manufactures and markets products to treat and prevent serious human medical conditions – is leading it’s sector on environmental, social and governance (ESG) issues, strategically supports sustainability and made solid progress in its sustainability reporting.
Ethical Investor says CSL’s community support in 2010 was valued at $26 million and is intelligently aligned with it’s business activities.
CSL is a prior winner of the award for Social – Community and now the 2010 Sustainable Company of the Year.
Credit union mecu, won the Sustainable Small Company of the Year Award.
The Judges say mecu is a well-established leader in responsible investment with an ethical policy covering all its assets and it thoughtfully supports disadvantaged groups, its environmental programs relate back to the core business and its governance combines a balance between stakeholder interest and financial strength.
Other corporate awards are:
Environment (sponsored by Energetics) – Investa Property Group
Social-Community (sponsored by Kingsgate Consolidated) – Transfield Services
Corporate Governance (sponsored by ING Investment Management) – ASX Group
Sustainable Infrastructure (sponsored by Evans & Peck) – CBD Energy
For more information go to: http://www.ethicalinvestor.com.au/