Aegon is "one of the leaders showing the way forward", said Charles Tilley, chair of the Building Public Trust Awards judging panel and Chief Executive of the Chartered Institute of Management Accountants, at the awards ceremony in Madrid.
Darryl Button, Chief Financial Officer and member of the Management Board of Aegon said: "Trust is at the heart of what Aegon does: deliver financial promises to millions of customers across the world. We are very pleased to receive the Building Public Trust Award. Integrated reporting has helped us to better explain our business and communicate how we create value for our customers, employees, investors, and other stakeholders."
The International Integrated Reporting Framework is principles based and enables companies to report on material issues and describe how the financial and non-financial aspects of their business are interlinked. The award panel for the Building Public Trust Award judged Aegon's integrated reporting to be: "concise, with a simple and accessible depiction of the company's value chain. Aegon's disclosures on its non-financial priorities and performance are especially impressive."
The Building Public Trust Awards are sponsored by PwC. Aegon won the award in a category consisting of around 100 international companies that participated in the International Integrated Reporting Council's (IIRC) international pilot programme. The award selection was made by the IIRC, a global coalition of regulators, investors, companies, standard setters, the accounting profession and NGOs.
