Land Securities picked up top award from Price Waterhouse Coopers for its annual report & accounts.
LandSecs won the overall category award for a FTSE 100 company in the 2006 Price Waterhouse Coopers Building Public Trust Awards. The awards, now in their fourth year, celebrate the commitment by the UK’s leading business and private sector organisations to build transparency and trust into their reporting.
For the first time, the overall category was split into two to take account of the different environments in which the FTSE 100 and 250 companies operate. Associated British Ports Holdings the FTSE 250 award.
According to an independent judging panel, LandSecs’ annual report gives a coherent explanation of its business and what it is trying to do to create shareholder value: ‘The report is brought to life with clear and accessible information and tables on its market and key areas of performance, underpinned where appropriate by relevant benchmarking.
‘Its strategy reporting - especially at segmental level - is of a very high standard. Narrative is provided for each business division covering market overview, risks and performance, all linked into the group strategy. The company’s analysis and disclosure of its risks is a model for others to follow.’
LandSecs finance director Martin Greenslade said: ‘This year we have made a particular effort to introduce a comprehensive operating and financial review - and we are delighted that our efforts have been recognised’.