Bao Viet Holdings, a Vietnamese financial and insurance service group, has been honoured as the firm with the most transparent financial report in Asia by the Singapore-based sustainability services provider CSRWorks International.

Among the 17 categories of the Asia Sustainability Reporting Awards 2018 (ASRA), Bao Viet’s report was nominated in four categories – Asia’s Best Sustainability Report (Stand-alone), Asia’s Most Transparent Report, Asia’s Best Materiality Reporting and Asia’s Best Sustainable Development Goals Reporting.

It won the Asia’s Most Transparent Report, the first time a Vietnamese company has received an award in this category.

The Bao Viet report was praised by the ASRA judging panel for using the new Global Reporting Initiative (GRI) Standards and a creative presentation format.

Not only providing financial information, but this report also detailed non-financial information like development strategy, corporate governance quality, social activities and environmental issues. — VNS