Singapore, 5 March 2024 – Japan’s MS&AD Insurance Group Holdings, Inc. has emerged as the clear winner with two golds at the 9th Asia Integrated Reporting Awards (AIRA), including the gold medal for the coveted Asia’s Best Integrated Report (Large Company) category.

Ayala Land, Inc. from the Philippines and India’s Reliance Industries Limited won the silver and bronze medals, respectively, in the Asia’s Best Integrated Report (Large Company) category. Reliance Industries Limited secured three medals in total – a gold, a silver, and a bronze – the highest tally achieved by any company.

Organised together with the Asia Sustainability Reporting Awards, the Asia Integrated Reporting Awards recognise growing investor interest in enterprise value creation.

Rajesh Chhabara, Managing Director of CSWorks and founder of AIRA, said: “Winning reports demonstrate how companies strive to apply integrated thinking to their business model to create value over time for shareholders and stakeholder.”

Integrated reporting is the practice of communicating, in a cohesive and efficient manner, how an organization’s strategy, governance, performance, and prospects lead to the creation of value over the short, medium, and long term, as guided by the Integrated Reporting Framework. Backed by investors, the adoption of integrated reporting is on the rise by companies and market regulators worldwide.

AIRA employs a robust, multi-tiered evaluation process with independent judges conducting assessments to identify the top entries in each category. The process includes due diligence on the winners’ stakeholder reputation, alongside report quality assessment.
To view the full list of the AIRA 2023 winners, please visit https://www.csrworks.com/aira/winners-2023/