OREANDA-NEWS. December 15, 2011. For the third consecutive year ICBC won the "Best CSR Report Award" at the recent "2011 Third Annual A-share Listed Companies CSR Report Summit Forum and Honorary Ceremony" organized jointly by Rankins CSR Ratings, China Institute of Social Responsibility of Beijing Normal University and Det Norske Veritas (DNV) in Beijing, reported the press-centre of ICBC.

This year, A-share listed companies were reviewed and summarized in their attempts to communicate corporate performance in CSR report. The aim of the Award is to encourage standard report on corporate social responsibility by the listed companies, increase awareness and accountability on socially responsible investments, and the knowledge and effort put in social responsibility by A-share listed companies and the public. The judging criteria on all the CSR reports from A-share listed companies comprised a range of factors on professional reporting, media reports and stakeholders feedback. Ranked as "AA", ICBC won the award by demonstrating clear reporting structure, rich information and visibility of relevant details in the report.

ICBC has published CSR reports for four successive years since 2007. ICBC CSR report starts from three lines of economic performance, environmental performance, social performance and presented in six themes of value banking, green banking, loving banking, harmonious banking, trust banking and brand banking. The report addresses the needs of different customer groups and fully reflects the features of the banking industry. In terms of transparency, quantitative indexes and qualitative analysis were combined for cross comparison horizontally and vertically. ICBC CSR report shows clear articulation of the meaning of sustainable development between ICBC and social environment. Winning the award is the confirmation from the public on the high quality of the CSR reports compiled by ICBC.