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With the support of
21th edition — Tuesday 29 November 2022 at KBC Head Office (Brussels)

How to participate?

  • Check the conditions to participate below (eligibility of your organization, category of your organization and evaluation criteria), also summarized in the Code of participation 
  • Apply for the Awards 2022 and fill in the two links available after logging in (“add a participant entity” and “add a report”), before 8 July 2022 (SMEs and Other organizations will be admitted until 18 July).
Eligible organizations in 2022
  • 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 disclose on its environmental, social and governance activities and performance (ESG).
  • The 2022 edition promotes sustainability reports relating to the year 2021 or - when not available - the most recent sustainability report (for a year prior to 2021) provided that it has been published in 2021 or 2022 and has not been submitted for previous editions of these Awards.

Reporting may rely on national frameworks, Union-based frameworks or international frameworks. All organizations that are reporting on sustainability based on such frameworks are eligible for the Awards. Nevertheless, for organizational purposes and for the reasons described in the evaluation criteria (see below), participants will be evaluated on criteria based on the internationally recognized Global Reporting Initiatives Standards (GRI).

Three categories of organizations in 2022

1. Large organizations: organizations exceeding two of the three following criteria:

  • Net turnover: EUR 34 million,
  • Balance sheet total: EUR 17 million, and
  • Average number of employees (full-time): 250

Public interest entities and quoted companies will be by default considered as “large organizations”.

2. Small and medium-sized entreprises (SMEs): all organizations between 50 and 250 full time employees (FTE) not considered as large organizations

3. Other organizations:

  • Small-sized companies: companies smaller than 50 FTE;
  • 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.
    Evaluation Criteria 2022

    The evaluation criteria are summarized in the Code of participation. If you would like more explanation, please have a look at the criteria and additional guidance provided to the Jury members to help them on how to assess the various criteria. This additional guidance is provided for illustrative purposes and is not mandatory.

    Even if the evaluation criteria are based on the Global Reporting Initiative (GRI) Standards, for organizational purposes and for reasons explained in the criteria themselves, as explained above sustainability reports may rely on national frameworks, Union-based frameworks or international frameworks. The criteria also includes the Sustainable Development Goals adopted by the United Nations and integrates requirements of law of 3 September 2017 on non-financial information disclosure in the evaluation of large organizations.

    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 developed 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.

     Linking the SDGs and the GRI Standards (March 2020) is also available to assist companies to report on progress in support of the UN Sustainable Development Goals (SDGs) through the GRI Standards. It covers the 17 SDGs and maps them against the Standards and disclosures that apply for each. This makes it easier for organizations to use their reporting through the GRI Standards to assess how they impact the SDGs.