ISAR Honours 2023

ISAR Honours 2023


In 2023, ISAR Honours received a total of 70 applications, showcasing remarkable growth as it has more than doubled in size since its first pilot edition in 2018.

By increasing awareness and spreading international best practices, ISAR Honours intends to draw attention to the efforts made by organizations of all sizes around the world to promote and harmonize sustainability and SDG reporting.

The increasing interest towards ISAR Honours proves organizations’ commitment and efforts on enhancing the quality and comparability of companies’ reporting on their contribution to the 2030 Agenda for Sustainable Development, and its usefulness for monitoring the implementation of the Sustainable Development Goals (SDGs).


UNCTAD announced recipients of the ISAR Honours 2023 at the 8th World Investment Forum on 17 October 2023 in Abu Dhabi, UAE. From the policy, institutional or capacity-building initiatives received this year the Review Committee has selected the top three national and international honourees. Additionally, three special nominations in the national category and three in the international category were proposed by UNCTAD.

The number of applications from developing countries has increased significantly. In the international category, ISAR Honours accepted 25 diversified initiatives that include training, institutional developments, awards programs, cooperation between existing initiatives as well as harmonization of practices, and alignments of reporting requirements and tools. Nominations were submitted by private and public organizations of all sizes, and with balanced representation of developed, developing, and countries with economies in transition.


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“I am pleased to hear about the latest developments in sustainability reporting that incentivize and encourage entities to take action towards transparency in the ESG disclosures across the world, including developing countries. These initiatives align and complement the work of the UNCTAD-ISAR, enabling us to make a significant progress towards implementing a more harmonized sustainability reporting global framework that will facilitate attainment of the Sustainable Development Goals.

UNCTAD will continue supporting the fund industry and the accounting and reporting sector to embed sustainability in investments, improve disclosure and transparency, and tap into sustainable investment opportunities in developing economies through exchanges of best practices […].”

Rebeca Grynspan
Secretary-General, UNCTAD


National category

Nairobi Securities Exchange

The Institute of Chartered Accountants of India

For its initiative: “Sustainability Reporting Standards Board (SRSB)

Nairobi Securities Exchange

For the initiative “Publication of ESG Disclosure Guidance Manual

Alianza Empresarial para el Desarrollo

For the initiative “Sustainable Business Strategy and Governance

International category

Global Reporting Initiative

For the initiative “Business Leadership Forum on Corporate Reporting as a Driver to Achieving the SDGs

The European Financial Reporting Advisory Group

For the initiative “Reporting of non-financial risks and opportunities and the linkage to the business model

United Nations Economic Commission for Africa

For the initiative “Integrated Planning and Reporting Toolkit

Special Nomination

National Category

Family Enterprise Canada

For its initiative “Family Business for Sustainable Development

Chartered Governance and Accountancy Institute in Zimbabwe

For its initiative “Excellence in Corporate Governance Awards with Section B on Stakeholder Practices and Sustainability Reporting

Hong Kong ESG Reporting Awards Limited

For its initiative “Hong Kong ESG Reporting Awards

International category

Association of Eurasian Institutes of Certified Public Accountants

For its initiative “Eurasian Regional Initiative for the Development of Educational and Certification Programs in Sustainability Accounting and Reporting (ERIEC)

Global Real Estate Sustainability Benchmark

For its initiative “GRESB Assessments & Benchmarks

The Good Governance Academy

For its initiative “The ESG Exchange