Maruti Suzuki wins LACP 2020/21 Vision Award

The carmaker had to compete with around 1,000 global companies to win the gold recognition.

Published On Mar 07, 2022 07:32:00 PM

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Maruti Suzuki Annual Integrated Report cover

Maruti Suzuki has just been awarded the gold recognition at the prestigious League of American Communications Professionals (LACP) 2020/21 Vision Awards for its ‘Annual Integrated Report’. For context, the LACP was established in 2001 as a forum to facilitate discussion on the best communication practices and also recognising those companies that perform well in the area.

This competition receives roughly 1,000 entries from global companies spread across 24 countries in the Americas, Europe, Middle East and Asia Pacific regions. The participating companies are also of a high calibre, with 63 of top Fortune 100 companies and nine out of the top 10 Fortune 500 firms participating in the latest LACP awards.

Maruti Suzuki was able to rank first among all the automobile companies of the world this year, as its Annual Integrated Report achieved a 100 percent score in six out of the total eight categories, which included Letter to Shareholders, Message Clarity, Report Narrative, Report Financials, First Impression and Report Cover.

Speaking on the achievement, Kenichi Ayukawa, managing director and CEO, Maruti Suzuki India Limited said, “We take this global recognition from LACP with gratitude and humility. 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.”

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