Platinum Bank is rated №2 at the Readers’ Choice Awards in Non-financial Reporting
The report on Platinum Bank’s sustainable development “2011: The Road to Sustainable Future” was awarded 2nd place at the Readers’ Choice Awards in Non-financial Reporting, organized by the Centre “CSR Development”.
For the second year in a row Platinum Bank submits its reports on sustainable development, and in the report of 2011 the level of implementation «B» was raised according the requirements of the international GRI standard. This time the bank demonstrated a larger amount of GRI indicators, defined in relation to banking business.
The Readers’ Choice Awards in Non-financial Reporting stimulated the companies to focus more attention on reporting their CSR activities, which, in turn, improves the quality of their preparation.
The evaluation criteria for 32 submitted reports were the following factors: essential issues, stakeholder involvement, completeness of provided information, balance, clarity and compliance. The winners were defined by the votes of the expert jury and by the votes of the users of http://www.csrinfo.org.ua.
“We pay as much attention to developing CSR in our bank, as we pay to developing all other business aspects – the principle of responsibility is a fundamental one for us. Due to that, every year, an important part of our work becomes the preparation and submission of open reports for all stakeholders: clients, shareholders, employees and public in general. We are very glad to know that our sustainable development report for 2011 was awarded such a high position in the rating, and we hope that in future we will show results no less impressive”, - says Todd Esposito, Chairman of the CSR Committee, Chief Financial Officer with Platinum Bank.
The Platinum Bank’s report “2011: The Road to Sustainable Future” was done in full compliance with all principles of non-financial reporting, with special attention being paid to the balance of the material – bank’s activities were reported regardless of whether their results were positive or negative, and the structural parts of the report were presented as proportionately as possible.
The report by Platinum Bank “2011: The Road to Sustainable Future” can be found at: http://www.platinumbank.com.ua/upload/files/PTB_2012_web.pdf