Maruti Suzuki India received the gold award at the prestigious LACP 2020-2021 Vision Awards for its Annual Integrated Report.
The 2020-2021 Vision Awards Annual Report Competition is organised by the League of American Communications Professionals (LACP), USA. The LACP global awards in particular recognise outstanding focus on shareholders, their interests and their need to understand the strategic and tactical decisions their companies are making.
The competition receives applications from about 1,000 global companies, across 24 countries spread evenly over Americas, Europe, Middle East and Asia Pacific regions. 63 of top Fortune 100 and 9 out of the top 10 Fortune 500 firms have participated in LACP competitions.
The Maruti Suzuki Annual Integrated Report achieved 100 percent in 6 out of 8 parameters, which were Letter to Shareholders, Message Clarity, Report Narrative, Report Financials, First Impression and Report Cover. This places Maruti Suzuki at the #1 slot among all automobile companies of the world.
Speaking on the achievement, Kenichi Ayukawa, Managing Director & CEO, Maruti Suzuki India said, “Leading the automakers in the global list of Top 100 Annual Reports, alongside renowned companies across business domains and countries, is a matter of pride for the Indian business fraternity. We believe that open and transparent communication with stakeholders is the foundation of the trust we have been able to build over the years.”