Warrigal Care NSW wins gold again
New South Wales (NSW) provider Warrigal Care, has won a gold award in the annual Australasian Reporting Awards for the third year running. The awards celebrate excellence in public accountability and to help improve the quality of annual reports.
Candidates for the awards are judged according to a set of international standards in reporting which is updated regularly in response to stakeholder expectations and statutory requirements.
Warrigal Care’s chief executive officer, Mark Sewell, told Australian Ageing Agenda that public accountability was a core part of the organisation’s philosophy.
“Often these days people talk about the triple bottom line but really organisations are going to have to start thinking about the quadruple bottom line – and the fourth element of that is governance,” he said.
“It is increasingly important to be publicly transparent and to win the public’s trust by clearly and easily reporting your strengths and weaknesses.
“A lot of the big corporates have to have high standards of reporting to be accountable to ASIC and their shareholders but for us it is a natural extension of what we think is important”.
The organisation has been focusing on its annual reporting for a decade now, collecting a number of bronze and silver medals before it won the first of its three gold medals in 2007.
Other gold award winners in 2009 included the National Australia Bank, the Port of Brisbane Corporation and Wesfarmers.