The HarbourClub, which is responsible for the award ceremony and the implementation of the rating, has responded to the trend announced in many places of shifting annual reports to the web and has massively expanded the online judging area. As with the printed reports, the juries first assessed the value reporting and design of all 249 reports separately, before a final jury assessed the best ones in more detail. The winner in the online category was Nobel Biocare. Swisscom took first place in the printed annual report category.
After this year's rating, one thing is clear: the shift from print to online will probably take longer than many thought. As yet, less than ten percent of listed companies offer more than just a PDF of their annual report online. More is needed for a convincing online presence. Bernhard Schweizer, President of the online closing jury, demands: "More vitality and speed, video interviews with the CEO or Chairman of the Board of Directors, Web 2.0 presentations, interactive graphics, analysis tools, customizing of the annual report". Plus compatibility with smartphones and iPads. The business magazine Bilanz states: "The big online leap has been postponed - for the time being. Corporate Switzerland is moving in typical Swiss fashion - step by step." However, the overall online jury knows where the frontrunners are to be found. In addition to the medal winners Nobel Biocare, Roche and Georg Fischer, they also include Actelion, ABB, Credit Suisse, Sulzer, Swiss Re, Xstrata, Kuoni, Swisscom and UBS. Online seems to have a paralyzing effect on many companies. Although online is being approached cautiously, the uncertainty in the choice of channels means that not much innovation is taking place in the area of printed reports. Stephan Howeg, member of the final print jury and Head of Communications at Adecco, summarizes the situation as follows: "The annual reports in this year's rating are very solid, well-made and have been tried and tested for years, but there are few surprises or trendsetters." This year's winner of the printed reports was Swisscom. It presents a well-rounded annual report with background information, details of important non-financials, trend analyses, risk information, information on value-oriented management and aspects of sustainability. However, it was undoubtedly the "Solar Impulse" brochure enclosed with the annual report that tipped the scales in its favor. This publication is about the partnership with Bertrand Piccard and his project, which shares many values with Swisscom.
Peter Rothwell, CEO and communicator
The 24th Swiss Annual Report Rating Event was once again held this year at the Zurich University of the Arts. Thanks to a 270-degree projection, the 200 or so visitors were able to immerse themselves in the world of annual reports. Dirk Schütz, editor-in-chief of Bilanz, led the audience through the event quickly and without embellishment, presenting the winners, interviewing heads of communication and those responsible for the juries. Guest speaker Peter Rothwell, CEO of Kuoni, spoke about his company's integrated communication. And more than rightly so. Last year's overall winner also won gold in the Design Print and Design Online categories this year. The evening traditionally ended with an aperitif riche, where the successful annual report makers further strengthened their networks. The Swiss Annual Report Rating is made possible by the sponsors KPMG, Linkgroup, Papyrus and Swiss Smart Media.
Which annual reports were evaluated?
The annual reports of all listed companies represented in the SPI were included in the 2011 annual report rating. In addition, the 50 companies with the highest turnover in 2010, the 15 insurance companies with the highest gross premiums in 2009 and the 25 banks with the highest total assets in 2009 (sample of 249 reports).
How was it chosen?
Prof. Alexander Wagner, project manager Florian Eugster and students from the Institute for Banking and Finance at the University of Zurich evaluated the printed and online annual reports according to defined content criteria for value reporting. At the same time, experts under the direction of Peter Vetter, Zurich University of the Arts, looked at all aspects of the design of the printed annual reports and compiled a ranking list for print and online. The addition of both ratings according to ranking points resulted in the overall best. The print and online final juries then selected the overall winners of the 2011 annual report rating. Andreas Jäggi