20th edition
Tuesday 24 November 2020, Head Office KBC Group, Brussels

Eligible organisations

The  Awards for Best Belgian Sustainability Reports 2020
  • Every organization that issues a sustainability report on its activities in Belgium and beyond – regardless of the size of the organization or its industry – can participate in the Awards. 
  • The report has to communicate on the activities of a Belgian legal entity or on the Belgian activities of a foreign entity. 
  • To be eligible, the report on the Belgian activities of a foreign entity must set clear sustainability objectives and provide sufficient information on the basis of certain selected criteria (targets, results etc.) for Belgium. 
  • The organization has to report on its economic, social and environmental activities and performance.
  • The 2020 edition promotes sustainability reports relating to the year 2019 or - when not available - the most recent sustainability report (for a year prior to 2019) provided that it has been published in 2019 or 2020 and has not been submitted for previous editions of these Awards.
Three categories of organizations in 2020

1. Listed and large organizations: organizations exceeding two of the three following criteria:

  • Net turnover: EUR 35 million,
  • Balance sheet total: EUR 17.5 million, and
  • Average number of employees (full-time): 1000

unless the entities have more than 1000 employees in which case they will by default be categorized as “large organizations”. Public interest entities and quoted companies will be by default considered as “large organizations”.

2. Small and medium-sized entreprises (SMEs)

  • Average number of employees (full-time) between 50 and 1000. 

2. Other organizations:

  • SMEs having less than 50 employees (full-time) on average;
  • NGOs, not-for-profit organisations (ASBL/VZW), international not-for-profit organisations (AISBL/IVZW) or foundations, which are based in Belgium and operate in or outside the Belgian territory;
  • Schools, federations, public sector, etc.
    Two categories of Prizes in 2020

    In 2020, there will be two categories of prizes, one that will be awarded for each of the three organizations' categories: 

    1. The“Best impact Sustainability Report” in each organizations' category: the Jury will short-list nominees focusing on the impact of the reports for organizations (quantified KPI’s, comparison with peers, comparison over the years,…) . The winners will be designated by a public vote on the day of the ceremony, after a short presentation by the nominees.

    And another category which includes 5 specific cross-categories prizes given by the jury: 

    2. The “Best 1st Sustainability Report”;

    3. The “Best pioneering Report on SDG 2030 Agenda”;

    4. The “Best Materiality Report”;

    5. The “Best Stakeholders Inclusiveness and Engagement”;

    6. The “Best Attractive Report”;

    Therefore, 8 organizations will be offered the chance to win a prize. 

    Evaluation Criteria 2020

    The evaluation criteria are based on the Global Reporting Initiative (GRI) guidelines (GRI G4) as these are commonly accepted guidelines which provide for clear criteria and therefore for a strong basis for the Jury to deliberate upon. The criteria now also include the Sustainable Development Goals adopted by the United Nations.

    The evaluation criteria are described in the Code of participation (available here). The Jury members also receive additional guidance (available here) on how to assess the various criteria. This additional guidance is provided for illustrative purposes and is not mandatory.

    SDG Compass which provides guidance for companies on how they can align their strategies as well as measure and manage their contribution to the realization of the SDG, has developped an Inventory of Business Indicators which might help. This inventory maps existing business indicators against the Sustainable Development Goals (SDGs). It allows you to explore commonly used indicators and other relevant indicators that may be useful when measuring and reporting your organization’s contribution to the SDGs.