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Invitation
World Council for Corporate Governance (WCFCG), UK has great pleasure in inviting applications for the Golden Peacock Global
Award for Sustainability. The Award Scheme for Sustainability has been instituted to encourage initiatives in promoting
sustainable development.
The urgency and magnitude of the risks and threats to our collective sustainability, alongside increasing choices and opportunities,
will make transparency about economic, environmental, and social impacts a fundamental component in effective stakeholder
relations, investment decisions, and other market relations.
Transparency about the sustainability of organizational activities is of interest to a diverse range of stakeholders, including business,
labor, non-governmental organizations, investors, accountancy, and others.
The aim of Golden Peacock Global Award for Sustainability is to stimulate and help organizations to rapidly accelerate the pace of stake-holder oriented improvement process. It is a powerful self-assessment process and a way to build an organizations’ brand equity on 'SUSTAINABILITY'. The preparation for the award helps to inspire and align the entire work force, and management functions to this end. The knowledge gained by the organization in describing and self-assessing it's operations would lead to IMPROVED organizational performance in this field.
To objective is to assess the extent of:
- Responsiveness of organizational strategy to the needs of different stakeholders;
- Integration of Sustainable Development issues with corporate functioning;
- Development of innovative partnership models to fulfill social responsibility.
The Golden Peacock Global Award for Sustainability is awarded annually and would be adjudged separately, under various regional and specialized categories (subject to Jury's decision):
Eligible Organizations
Every organization – government, corporate or NGO which is practicing sustainability in its functioning with global bench-marking is eligible to apply. The following defines the broad specification of sectors :
1. Public Sector Units (PSUs) - Both in Manufacturing and Service Sector
2. Private Sector Organizations - Both in Manufacturing and Service Sector
3. Government/Municipal Organizations Undertakings & Public utility Services.
4. NGOs
The decisive factor for eligibility is that the operations of the applicant must adequately correspond to the Award criteria, which can be verified at the time of evaluation. The operations of the applicant must be carried out independently; meaning that the scope of activities, responsibilities, authorities, results, etc. are clearly defined in line with Global Reporting Initiatives (GRI).
Awards Categories
Awards may be given in the following categories:-
- Award for overall Global winner.
- Awards for Regional (continent or subcontinent winners wise)
- Award for a small and medium enterprises (SMEs)
- Award may, in addition, be given separately in any of the following areas:
- Economic Aspects
- Environment Management Aspects
- Social Aspects
- Stakeholder Engagement
- Combating Climate Change and Carbon Management
- Social Innovation
Rules & Regulations
- The Awards Committee reserves the right to alter the Award Scheme.
- The Awards Committee reserves the right to award more than one trophy each year in each category or also to withhold awards if the required standards are not met.
- The Awards Committee accepts no liability for any loss resulting from the disclosure of information concerning an entry, though all reasonable precautions will be taken to maintain secrecy.
- The Awards Committee cannot undertake to return documents or supplementary material submitted with an entry.
- Selected Award finalists may be invited to make a brief presentation to the Jury and reply to their queries, if any, before finalizing the winner.
- The awards secretariat processes the entries for consideration by the team of assessors, who go through initial screening, team assessment and final review by an eminent Jury.
- The decision of the Award Committee, on the recommendations of the Panel of Judges is final and no appeal or correspondence will be entertained.
Non-Disclosure & Confidentiality
Names of applicants, commentary and scoring information developed during the review of applications are regarded as proprietary by the Awards Committee and are kept confidential. Such information is available only to those individuals directly involved in the assessment and administrative process.
The Award Committee will take all reasonable steps to ensure that applications and information therein are treated in strict confidence. However, in no way can the award committee be held responsible for any loss of confidentiality to a third party. Moreover, the award committee cannot be held liable for any damage (to goods, or persons, financial loss or consequential) incurred through the breach of confidentiality or otherwise by the applicants or any third party.
Application Fees
The application fee for Golden Peacock Global Award for Sustainability is Rs 39,500
The fee should accompany your application as per the ‘Self-Assessment Guidelines enclosed, in the form of Bankers cheque in favour of 'World Council for Corporate Governance', payable in UK or through Credit Card or Bank Transfer to HSBC Bank, 186, Baker Street, London NW1 5RU, SWIFT CODE: MIDLGB22. Account Name: World Council for Corporate Governance Account Number: 1133 8447 sort Code: 40 04 26
Application
Hard copies are to be sent at the following address :
Director General
Golden Peacock Awards Secretariat
IOD House
M-52 (Market), Greater Kailash Part-II
New Delhi – 110048, India
Tel: +91-11-41636294, 41636717
Fax:+91-11-29217475
Mobile: 00-91- 9811135151
E-mail:
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Web: www.goldenpeacockawards.com
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