HDFC Bank wins 'Best Annual Report Award'
HDFC Bank won the award for the Best Annual Report at 2013 Annual
Report Awards of the Association of Development Financing Institutions
Asia Pacific (ADFIAP) in Moscow, Russia recently.
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Chief Manager (Credit), HDFC Bank Manjula Dissanayake with
the award. |
ADFIAP Annual Report competition is considered a platform which
encourages excellence in the presentation of information covering
transparency, social accountability and good governance among members'
business entities in the field of financial reporting.
The integrated Annual Report 2012 of HDFC Bank was recognised for its
superiority in the sphere of financial reporting and corporate
disclosures on environmental, social and economic performance.
As the baseline for reporting, the HDFC Annual Report made reference
to "Sustainability Reporting Guidelines-G3.1, developed by Global
Reporting Initiative (GRI) and the prototype framework for integrated
reporting released by the International Integrated Reporting Council (IIRC).
The Association of Development Financial Institutions in Asia and
Pacific is the focal point of all development banks and other financial
institutions engaged in financing development in the Asia-Pacific
region.
It has over 125 member-institutions in 45 countries and territories
and partner-organisations around the world, working with a strong
continuing commitment to its motto of "financing sustainable
development".
ADFIAP is a founding member of the world Federation of Development
Financing Institutions.
The Association is also a member of the United Nations Environment
Program Financing Initiative's Asia-Pacific Task Force and a
collaborating partner of Asia-Pacific Economic Corporation (APEC)
Business Advisory Council.
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