ABN AMRO wins Crystal Prize for most innovative annual financial reporting

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On 21 November 2017, ABN AMRO was awarded the Crystal Prize for the most innovative annual financial reporting in the Netherlands. The award was given by the Transparency Benchmark jury with special mention of the bank's pioneering ways of reporting about human rights. In addition to winning this award, ABN AMRO can boast a total benchmark score of 193 out of 200 points, which places the bank among the top 10 Dutch companies.

Publication of a human rights report distinguishes ABN AMRO from other banks, the jury said. The bank has garnered particular appreciation for having the courage to be vulnerable. The jury also awarded ABN AMRO extra points for the high degree of relevance and clarity in the integrated 2016 Annual Report. 

ABN AMRO’s Director of Sustainable Banking Richard Kooloos is rather pleased with such substantial recognition of the bank’s efforts in the field of transparent reporting. “Human rights as a topic within the financial sector is important to us. We take that very seriously and our Annual Report is one of the ways in which it shows. We have also been taking feedback on board, though: a point of improvement was that we could expand even further on things that did not go so well. This year we included all of our dilemmas in the Annual Report. The following report will definitely cover such matters in more detail.”

ABN AMRO aspires to report about its performance in the most transparent way possible. This information is made available in the bank’s integrated Annual Report, the Human Rights Report, the Sustainable Banking newsletter, and in online communication. 

The Transparency Benchmark is an annual survey by the Dutch Ministry of Economic Affairs to assess the content and quality of corporate social responsibility reporting in the Netherlands. By measuring up against the Transparency Benchmark, companies vie for the Crystal, a coveted prize for good corporate social responsibility. Over 250 Dutch companies compete for the award.

For more information about the Transparency Benchmark, visit www.transparantiebenchmark.nl.

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