The Farmand statue has been awarded annually since 1955, and companies have to sign up to participate. This marks the third consecutive year that Odfjell has participated in the award, and the annual report has consistently been shortlisted among the top candidates each year. The Farmand Award jury, composed of industry experts, evaluates the reports based on various criteria, providing insightful feedback on Odfjell's performance.
This year's evaluation acknowledges Odfjell's solid performance across various sections of the report, as the jury states:
"The comprehensive evaluation of Odfjell's annual report reveals a consistently high standard across all areas. The introductory section effectively paints a detailed picture of the company's evolution over time. The jury commends the presentation of the annual financial statements, highlighting the notes as a valuable source of additional relevant information. The report gains strength from well-crafted qualitative explanations, accompanied by the visual appeal of tables and graphs showcasing decade-long time series.”
The consistent recognition over the past three years underscores Odfjell's dedication to maintaining high standards in its communication with stakeholders, providing transparent and comprehensive reporting.
As work has now commenced on the 2023 annual report, the valuable insights from the Farmand Award evaluation will contribute to further refining our reporting practices.
To revisit the 2022 annual report, read the pdf version below and on Odfjell.com:
