Reporting research and advisory services firm FutureValue confers the Strategic Reporting Index Accolades to UK listed companies for the quality of strategy-related content in the narrative sections of their 2012 Annual Reports.
Over the last six years FutureValue has gifted its Index rankings annually for the 'strategic value" in corporate reporting awards. The 2012 Awards included a host of star achievers. In this year of impending major narrative reporting change FutureValue is pleased to join with Communicate for the first time to confer this seventh set of honours based on its Strategic Reporting Index
13. 19 Companies shortlisted in total
5 Companies shortlisted for two accolades
16 Companies shortlisted before
2 Companies shortlisted every year
8 Companies have won before
14 Sectors represented
4 Companies come from the FTSE250
14. Foundation of the strategic framework
Defines the logic of the business
Distinct sources of value – created, developing
Basis for sustainable profitability
Encompasses value system of enterprise
15. Foundation of the BAT strategic framework
Embodies the logic of the business
Identifies sources of value created
Specifies investment in value sources
Aids understanding of BAT as a business
16. Complete set of KPIs – financial and non-financial
Ease of intelligibility
Good trend data
Illustrative of strategic progress
Usefulness to Board in monitoring performance
17. Explicit link to strategy
Comprehensive explanation
Target and strategic focus for each KPI
Five years' trend data
Shows integral role of KPIs in managing business
18. Key risk factors relative to strategy
Influences on achieving objectives
Specific management, control or mitigation comments
Risk governance, appetite, management
Clear sensitivity to the future
19. Comprehensive and articulate
Accessible and intelligible
Shows sensitivity to the future
Emphasis on strategic risk
Overall demonstration of strategic management
20. Investment in key strengths and resources
Development of intangibles and hidden assets
Attention to value drivers
Value system wide
Match to indicated demands of strategy
21. 83 qualifying references
Recurrent themes reflect likely demands of strategy
Coverage of whole value system
Annual Report signposts strengths and resources (p25)
Balanced and credible
22. Integration of social, environmental in business strategy
Attention to full range of stakeholders
Clear environmental policy, commitment
Sustainability governance
Reporting of social and environmental performance
23. Unilever Sustainable Living Plan central to business model
Social and environmental aspects fundamental to Group vision
Comprehensive coverage of broad range of stakeholders
Clear environmental and social targets and policies
Integrated reporting builds persuasive case led by CEO
24. Clarity and rigour of strategic thinking
Robust and integrated strategic framework
Strategic management in past, present and future
Development of strategic capability
Clear and persuasive shared value
25. Topped the 2013 Index with 8.6
Clear and intelligible strategic framework
Demonstrated rigour in strategic thinking
Good past, present and future
Comprehensive strengths and resources
Integrated reporting of shared value