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Triumph for Black Sun client BAE Systems at the 2011 ICSA Hermes Transparency in Governance awards

16 November 2011

BAE Systems continue with their success from last year, to pick up the award for 'best board disclosure' for FTSE 100 at the 2011 ICSA Hermes Transparency in Governance Awards.

To achieve the success in this winning categories the judges were looking for a 'descriptive, reasoned and explanatory disclosure regarding director development, skills, board evaluation and succession planning with clear links to the company's strategic purpose and with regard to the benefits of diversity, including gender'.

Now in their third year, the ICSA Hermes Transparency in Governance Awards reward high standards of disclosure in a company’s report and accounts, with the aim of encouraging improvements both in the disclosure process and in governance performance itself. They have the backing of the Government, the Financial Reporting Council (FRC), the Association of British Insurers (ABI), the Confederation of British Industry (CBI) and the Financial Times.

Black Sun would like to congratulate all the teams involved at BAE Systems for their continued hard-work in developing their corporate reporting and for being consistently recognised as producing an award-winning Annual Report.

Notes to Editors

For further information please contact:

David Christopherson, CEO:
christophersond@blacksunplc.com
tel: 020 7736 0011

Laura MacSweeny, Business Development Manager:
lmacsweeny@blacksunplc.com
tel: 020 7736 0011

Black Sun Plc is one of Europe’s leading strategic corporate communications consultancies. It brings together corporate reporting, corporate responsibility communications and digital communications. Black Sun Plc delivers integrated reporting solutions that encompass a powerful combination of best practice advice on strategy, creative and multi-channel delivery, through Annual Reports, CSR reports, online reports, investor presentations and corporate websites.

Recent awards include

2011 ICSA Hermes Transparency in Governance Awards: BAE Systems for ‘Best Board Disclosure for a FTSE 100’.
2011 IRS Best Practice Annual Awards: Tullow Oil for ‘Best communication of governance and risk in the Annual Report’, and Xstrata for ‘Best communication of corporate responsibility in the Annual Report’.
2011 14^th Yearly Federal Contest of Annual Reports and Corporate Websites organised by Securities Market magazine and Investor.ru in cooperation with the Federal Service for Financial Markets: NMLK won 1st place for ‘Best all round representation’ and ‘Best interactive Annual Report’ and were awarded 2nd place for ‘Best level of information disclosure in an issuer’s Annual Report’, ‘Best Annual Report in the metals and mining sector’ and ‘Best Annual Report among Central Federal District public companies’.
2011 14^th Yearly Contest of Annual Reports organised by the RTS and MICEX Stock Exchanges:
NMLK for ‘Best presentation of the company’s investment case in an Annual Report’ and ‘Best Annual Report among central federal district companies’. Kazakhmys won 3rd place for ‘Best Annual Report by a foreign company nomination’.

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