Business sustainability is in focus of Green Frog Award 2011

Budapest, 14 September 2011 – this year again Deloitte announces the "Green Frog Award". From this year on, sustainability is in focus as shown by the name of the report; also the selection of judges and the evaluation system will be renewed. The prize itself is also a novelty. The winner of the award will receive a gift designed by young artists in expression of the concept of sustainability.

Róbert Reiniger, director of Deloitte's Environmental Consulting service line, commented:  Any company registered in any of the Central European countries will have a good chance in competing for the Central European Sustainability Report Award, i.e. also known by its popular name, the Deloitte Green Frog Award, irrespective of the business sector or the number of employees. Deloitte hopes that the award has a significant role in that the annual statements of companies in the region would not be limited solely to the financial implications of the companies' business.

When evaluating applications, the panel this year will assess based on the report how important the principle of business sustainability is for the operation of the company and to what extent the report complies with the international GRI (Global Reporting Initiative) requirements. GRI in itself is naturally no guarantee, only a useful tool for the preparation of an "appropriate" sustainability report which helps assess and compare the impacts of companies irrespective of the sector in which they operate.   

The judges will also assess the planning of sustainability performance and whether the applicants are capable of presenting their objectives and achievements in a concise, quantifiable and verifiable manner, transparently and clearly for the public. The objective is that companies should understand: it is essential that apart from professionals their reports should be understandable for a wider public.

Process of selecting the best reports

Gergely Jancsár, senior consultant of Deloitte's Environmental Consulting service line emphasised: The judging panel will consist of Deloitte's experts committed to sustainability issues, who do not participate in either the preparation or the verification of the corporate environmental reports subject to review. The judging panel will review and evaluate publicly available reports on the companies' websites but it is also possible to send the reports by e-mail or post.

The panel will evaluate English language reports. Should a company's environmental performance be presented as part of its annual report, the judges will only consider sections of the report that are relevant. Please note that starting this year the judges will evaluate reports and award prizes using the same criteria for both sustainability and environmental documentation.

After the deadline for applications is closed, for the first time this year Deloitte announces the Competitors' Choice Award. The leaders of participating companies who are responsible for the sustainability report will vote for the best report of competitors.

Useful information for applicants

Deadline for submission: 10 October 2011. Results will be announced at the award giving ceremony in November in the framework of a professional conference in Budapest related to the 2011 Green Frog Award, where the future and development trends of corporate sustainability practice will be discussed.

Application is free of charge for companies; please, read more on the Green Frog Award site.

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Introducing Deloitte's experts:

Róbert Reiniger, director

Leader of the Environmental Consulting business line

Róbert Reiniger the Director of Deloitte's environmental consulting business line, which is a pioneer on the Hungarian market, is the department's expert for the preparation and monitoring of the environmental aspects of large projects and the implementation of standalone environmental projects. Under his leadership Deloitte has recently prepared several hundred environmental impact assessments due diligence projects, state assessments, performance evaluations, and remediation plans.

Róbert Reiniger specialises in the following areas: 

×        Environmental assessments, reviews, performance evaluation and audits

×        Environmental impact assessments and integrated environmental permit documents

×        Corporate environmental/sustainability reports

×        Environmental manuals

×        Environmental information systems

×        Comprehensive environmental risk assessment

×        Reduction of greenhouse gas emission, emission trade

×        Verification of annual company reports on greenhouse  gas emission

×        EU and domestic grants policy concerning environmental protection (and transport infrastructure)

×        Review of the packaging waste recording and reporting system

Jancsár Gergely, senior consultant

Jancsár Gergely, senior consultant of Deloitte's Environmental Consulting service line. He has broad experience in the verification of sustainability reports and the preparation of preliminary studies, environmental impact assessment documentation, integrated environmental permit documents and feasibility studies. He is an expert of the steel industry, the oil and gas industry, cement production and the utilisation of renewable energy sources.

Gergely Jancsár specialises in the following areas: 

×        Verification of sustainability reports

×        Consultancy related to sustainability

×        Environmental permit procedures (IPPC, EV, KHV)

×        Environmental due diligence

×        Reviews and consultancy related to the environmental product charge

×        Review of environmental provisioning

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