GRI Readers Choice Awards 2010 winners all from Brazil

GRI Readers Choice Awards 2010 winners are Banco do Brasil, Banco Bradesco, Vale and Natura Cosmeticos, all from Brazil. Are sustainability awards becoming the new American Idol or a national beauty pageant competition?

The GRI Readers’ Choice Awards are decided by report readers (not expert judges). In 2008, Europeans were the largest regional group of participants. In 2010, the crown obviously went to Brazil. List of winners & runners-up is provided below. For detailed information on how the finalists were determined and voting patterns, please click here.  See also my previous blog post: Are Awards a Barrier to Sustainability Reporting? 

Overview of the Winners & the Runners-up 

Engage Award - recognizing the organization that has been scored best by its internal stakeholders.
The Winner
Banco do Brasil - Brazil
Runners-up
Polymer Group, Inc. (PGI) – United States of America
Fundacao Bradesco - Brazil
Grupo Los Grobo Agropecuaria - Argentina
Larsen & Toubro (L&T) - India 

Civil Society Award - recognizing the organization that has been scored best by civil society.
The Winner
Vale - Brazil
Runners-up
Eletrobrás - Brazil
Itaipu Binacional - Brazil
FURNAS Centrais Elétricas - Brazil
Natura Cosmeticos - Brazil 

Value Chain Award - recognizing the organization that has been scored best by its own value chain.
The Winner
Natura Cosmeticos - Brazil
Runners-up
Banco do Brasil - Brazil
Arcor SAIC - Argentina
Apple – United States of America
Larsen & Toubro (L&T) - India 

Investor Award - recognizing the organization that has been scored best by the investor community.
The Winner
Banco do Brasil - Brazil
Runners-up
Banco Bradesco - Brazil
Vale - Brazil
3M – United States of America
Ford – United States of America 

Most Effective Report Award – recognizing the organization whose report best matched reporters’ objectives with readers’ needs.
The Winner
Banco Bradesco - Brazil
Runners-up
Itaipu Binacional - Brazil
FURNAS Centrais Elétricas - Brazil
Walmart Stores – United States of America
Gas Natural BAN - Argentina 

GRI Readers’ Choice Award – Best Overall – recognizing the organization that has been scored best across the four stakeholder Awards categories.
The Winner
Banco do Brasil - Brazil
Runners-up
Vale - Brazil
Banco Bradesco - Brazil
FURNAS Centrais Elétricas - Brazil
Natura Cosmeticos - Brazil