UnitingCare Moreland Hall (Moreland Hall) has received a Silver Medal Award for its 2007-2008 Annual Report at this year’s Australasian Annual Reporting Awards, which is one better than last year’s Bronze medal for the 2006-2007 Annual Report.
The 2009 Award ceremony was held in Melbourne’s Crown Towers Hotel on Thursday June 4th, and recognised around 200 award winners from around Australia, with winners coming from all areas of government, business, academia, arts and culture, religious bodies, not-for-profits and the community sector.
The Awards, which have been going over fifty years, reward and recognise world’s best-practice reporting, with a focus on Annual Reports as part of an accurate and transparent reporting framework and an essential part of effective corporate governance. Those who are recognised to excel in this area are recognised under a Bronze, Silver or Gold Award.
To receive a Silver Award, an organisation’s Annual Report must meet the requirements of the relevant ARA criteria and provide quality coverage of criteria, provide disclosure of key aspects of core business, and address current legislative and regulatory requirements.
The Awards celebrate not only the design and look of reports but particularly concentrates on content and focuses on Annual Reports being an essential tool of transparency of governance and activities of organisations.
“The ARA seeks excellence in an ongoing way,” ARA Chairman Alex Malley told The Australian newspaper. “We look at current issues in reporting and we provide an independent mechanism for companies to substantively prove that they are being good corporate citizens.”
Moreland Hall Chief Executive Officer Laurence Alvis said Moreland Hall was honoured to receive a Silver award this year.
“It’s fantastic that Moreland Hall is being recognised for the quality of our Annual Reports, “ Laurence Alvis said,
“and we’re wrapped that we’ve not only achieved our second medal in a row, but also bettered our result by going from the Bronze to Silver category.”
Mr Alvis said he wanted to thank all of those individuals, Board members and staff of Moreland Hall, who had contributed to the Award by working on the Report in one way or another.