Watercare’s annual report wins gold 12 years in a row

Watercare’s annual report wins gold 12 years in a row and a special award

Watercare has won gold for the 12th consecutive year at the Australasian Reporting Association’s Annual Report of the Year.

Presented with the gold award plus a newly created chair’s commendation for sustained excellence in reporting, Watercare’s chief executive, Raveen Jaduram says he is thrilled the company’s consistent performance has been recognized:
“The Awards are designed to enable organisations to benchmark the quality of their annual reports against criteria based on international best practice.

Watercare is just one of a handful of New Zealand companies to receive an award. This result reinforces the fact that not only are we a quality, reliable organisation in the world of financial reporting, but our annual report is also readable, concise and engaging.”

Watercare’s financial accounting manager Julian Stewart received the award. The council-owned organisation employs 900 people from New Zealand and around the world a fact that was reflected at the awards dinner, with Stewart dressed in his clan’s kilt.

Says Stewart: “We looked very colourful and were definitely a point of difference on the night. This is very much a team award – production involves staff from the office of the chief executive, as well as communications and finance. It takes about 14 weeks to put the annual report together from start to finish and we’re proud of the fact that it’s printed in New Zealand too.”

Work has started already on Watercare’s next annual report, which is due to be released in September.

The Australasian Reporting Association awards have been running for 67 years and in recent times the scope has been extended to include countries from the Pacific, as well as India and Russia.

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