Novo Nordisk to win Globe Award for Sustainability Reporting
The Globe Sustainability Reporting Award 2009 was awarded to Novo Nordisk on 3 June at a ceremony at Grand Hotel in Stockholm by H.R.H Crown Princess Victoria of Sweden. The goal of the Globe Award for Sustainability Reporting, this year presented for the first time, is to discover and encourage companies prominent in sustainability reporting.
“Novo Nordisk's integrated reporting is the culmination of the company's commitment to managing operations using the triple bottom line business principle," says Susan Blesener, Director of Corporate Accountability, Novo Nordisk. "We are very pleased that the Globe Forum has recognized our reporting efforts with this award."
The jury's motivation
The jury motivated its award to Novo Nordisk by these words: "Based on a collective assessment of the criteria, Novo Nordisk is at a highly advanced stage in integrating its sustainability activities into its reporting model. It demonstrates the long-term financial benefits to all stakeholders of the organisations, including shareholders, of its sustainability activities."
The jury group for the Sustainability Reporting Award was chaired by Paul Druckman, Chairman of Executive Board of HRH The Prince of Wales Accounting for Sustainability Project, based the UK. Other members of the jury were Olivier Bouellis-Taft, CEO Federation of European Accountants, Brussels, Belgium and Peter Wong, Member of the Board of Directors Global Reporting, Hong Kong; Brian Ballou & Dan Heitger, Professors and Co-Directors, Center for Business Excellence Farmer School of Business, Miami University, USA and Erik Mather, Managing Director, Regnan Governance Research and Engagement, Australia.
About Globe Award
Globe Award was founded in 2007 in Sweden by the international business network and marketplace Globe Forum with the aim to support and encourage successful and innovative sustainability work. Globe Award 2009 is acknowledging prominent researchers, innovators, cities and companies from all parts of the world within four categories: Sustainability Research Award, Sustainability Innovation Award, Sustainable City Award and the Sustainability Reporting Award.
Globe Awards mission is to highlight and reward good cases and initiatives. A total of four jury groups, each with highly experienced and internationally recognized experts, has ensured that the most innovative and visionary innovators, scientists, cities and companies are highlighted. The Globe Award juries have been chaired by Lars-Olle Larsson, Partner of PricewaterhouseCoopers Sweden.