Capricorn Group has scooped the Regional Company Award at the Annual Integrated Reporting Awards of 2017, hosted by Chartered Secretaries Southern Africa in partnership with the JSE Limited at a recent ceremony held in Johannesburg,
the group said in a statement this week.
Close to 100 companies entered their Integrated Reports in ten categories, with Capricorn Group winning the Regional Company category, which was previously won by a Swaziland-based company in 2015 and 2016.
Chartered Secretaries Southern Africa’s Integrated Reporting Awards have been rewarding excellence in corporate reporting since 1956.
It is an independent professional body with an interest in good corporate governance and committed to promoting reporting excellence in southern Africa.
The ceremony recognised the importance of integrated reporting and the information it provides to shareholders and stakeholders. The judges scored entries against a scoresheet similar to the Integrated Reporting (IR) Framework.
“We are extremely proud that we have been honoured with this award, which is recognition that our 2017 Integrated Report, only our second that adheres to the International Integrated Reporting Council’s IR Framework and our first report that includes our subsidiaries in Botswana and Zambia, is regarded as best practice in transparent communication with shareholders and other stakeholders. As a leading financial institution listed on the Namibian Stock Exchange, Capricorn Group believes that credibility is key to value creation,” said Marlize Horn, group executive of brand and corporate affairs at Bank Windhoek.
She said being part of a bigger, interconnected global system, Capricorn’s approach to being a responsible, regional and global citizen is built into the DNA of all its businesses in Namibia, Botswana and Zambia.
Horn said the 2017 Integrated Report provides a holistic view of the group and reflects the value created during the financial year ended 30 June, adding that the report is primarily aimed at providers of financial capital, but also takes a holistic and stakeholder-orientated view of the social, environmental and governance aspects that are related to the group’s activities and performance.