Over the weekend, AGL won the Energy Supply Association of Australia’s (esaa) 2010 Sustainability Reporting Award. The award recognises the best public sustainability or integrated annual report within the Australian energy supply sector. Reports produced by Ausgrid and Hydro Tasmania were highly commended.
In naming AGL’s as the winner, the esaa “recognised AGL Energy’s strong systematic approach to identifying material sustainability issues and their drivers, supported by a robust framework of targeted metrics to evaluate and track performance”.
AGL publishes an annual sustainability report so that its stakeholders can gain an understanding of the social, environmental and economic challenges and opportunities that face the organisation and the industry, and the steps it is taking to address these responsibly to enhance the long-term value of its business.
Entries for the awards were judged by a panel of three independent experts comprising Victorian Department of Primary Industries Energy Sector Development Division Director Ralph Griffiths, Latrobe Institute for Social and Environmental Sustainability’s Research Fellow Stephen Muir and Sustainable Investment Research Institute’s (SIRIS) Associate Director of Research, Ben Spruzen.
This award follows on from AGL being named in November last year as the joint winner (with Westpac) for the best report by an ASX Top 50 listed company at the ACCA Australia Sustainability Reporting Awards for its 2009 report.