STOCKHOLM, MAY 13, 2009 - Five companies have been nominated for the Globe Award 2009 for outstanding sustainability reporting. The finalist will be presented on June 3rd, and awarded by H.R.H. Swedish Crown Princess Victoria, at a ceremony in the Winter Garden of Grand Hotel in Stockholm, Sweden.

The goal of the Globe Award is to discover and encourage innovators, researchers, cities and companies that are prominent in sustainable development. Globe Award highlights and rewards good cases and initiatives within four categories: Sustainability Innovation Award, Sustainability Research Award, Sustainable City Award and the Sustainability Reporting Award.

The Sustainability Reporting Award is given to companies in which sustainability reporting provides the key stakeholders with a clear understanding of the significance of sustainability impacts to key business activities, and which have taken strategic actions in response to these impacts.

Four jury groups, each with highly experienced and internationally recognized experts will assess the nominees. The jury is chaired by Lars-Olle Larsson, Partner of PricewaterhouseCoopers.

- It is crucial for the future to motivate large companies and cities to adaptation, change and transparency, leading towards sustainable development. A Globe Award demonstrates pro-activity and best practice in the largest challenges we have ever faced, says Lars-Olle Larsson.

Chairman of the jury group for the Sustainability Reporting Award is Paul Druckman, Chairman Executive Board of The Prince's Accounting for Sustainability Project, UK.

- The Globe Sustainability Reporting Award gives organisations the chance to really show how they connect their sustainability performance to their mainstream strategy. So often it is the separate CSR report that is judged for awards in isolation. However stakeholder interest, especially in this economic cycle, has changed to require links to corporate performance against targets across the business, says Paul Druckman.

The nominated companies are:
CLP Holdings Limited, Hong Kong www.clpgroup.com
ICA AB, Sweden www.ica.se
Novo Nordisk, Denmark www.novonordisk.com
Royal Dutch Shell, the Netherlands www.shell.com
Stora Enso Oyj, Finland www.storaenso.com

For more information please contact:

Lars-Olle Larsson, Chairman of the Globe Award jury, Partner PricewaterhouseCoopers Sweden. Mobile: +46-709 29 39 83, e-mail: lars-olle.larsson@se.pwc.com

Martina Nee, Manager Globe Award, Globe Forum, Stockholm, Sweden, Mobile: +46-73 317 53 55, e-mail: martina.nee@globeforum.com


The nominees for the Globe Sustainability Reporting Award:

CLP Holdings Limited: "As one of the largest investor-owned power businesses in the Asia Pacific region, CLP has been strongly committed to operate our business in a sustainable way. In addition to financial performance, CLP focuses its attention on social and environmental considerations. The principles of sustainable development have been incorporated not just into the Group's core values, but also in its day-to-day business decisions". Based in Hong Kong.

ICA AB: "The ability to gain and retain the confidence of customers and other stakeholders is critical to any successful retailer. Thorough and consistent corporate responsibility work and reporting is therefore a cornerstone of the ICA Group's business philosophy." Based in Sweden.

Novo Nordisk: "Novo Nordisk manages its business in accordance with the Triple Bottom Line business principle. In making decisions, the company seeks to balance three considerations: Is it economically viable? Is it socially responsible? And is it environmentally sound?Since 2004, the company has reporting on financial, social and environmental performance in one combined report." Based in Denmark.

Royal Dutch Shell: "The Sustainability Report describes Shell's efforts to live up to our commitment to contribute to sustainable development and is sent to special publics. Shell's ongoing efforts to help meet one of the defining challenges facing society this century: providing more energy and lower CO2 emissions." Based in the Netherlands.

Stora Enso Oyj: "Stora Enso is a global paper, packaging and forest products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. Sustainability has been identified as one of the key success factors in the Group's business strategy: Stora Enso aims at superior performance and image in the area of sustainability." Based in Finland.


The Jury:

Paul Druckman, Chairman Executive Board of The Prince's Accounting for Sustainability Project, United Kingdom. Chairman Globe Award's Sustainability Reporting Award.

Brian Ballou & Dan Heitger, Professors and Co-Directors, Center for Business Excellence Farmer School of Business, Miami University, USA

Erik Mather, Managing Director, Regnan - Governance Research and Engagement, Australia

Olivier Boutellis, CEO Federation of European Accountants, Belgium

Peter Wong, Member of the Board of Directors Global Reporting, Hong Kong

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Globe Award was founded in 2007 in Sweden by the international business network and marketplace Globe Forum with the aim to support and encourage successful and innovative CSR work. Globe Award 2009 is acknowledging prominent researchers, innovators, cities and companies - from all parts of the world - within four categories Sustainability Research Award, Sustainability Innovation Award, Sustainable City Award and the Sustainability Reporting Award www.globeaward.org, www.globeforum.com