About the Best Practice Investor Relations Awards

RESEARCH METHODOLOGY

With the exception of the Best International Investor Relations Award, the research to determine winners of the 2023 Best Practices Awards will be conducted for AIRA by MarketMeter, an independent, interactive market insights firm.* MarketMeter has provided data for the awards since 2018 and collected approximately 27,000 data points from more than 90 institutions for each campaign.

An online survey is distributed to domestic and international buy and sell-side analysts and fund managers asking them to score each stock out of 10 against set criteria for each of the Award categories.  A mean score is used to determine the winner of each award with the exception of “Most Progress in Investor Relations” and “Best Overall Investor Relations”.

  • The Most Progress in Investor Relations winner is determined by comparing 2023 mean scores against 2022 mean scores.
  • And, Overall Best Investor Relations winner will be determined by the highest mean score across all award categories.

EACH INSTITUTION IS PERMITTED TO SCORE EACH COMPANY ONCE. A minimum number of responses is required for qualification in each award category.

See voting criteria and methodology below for further information about these awards.


The Award for Best International Investor Relations by an Australasian Company is voted on by offshore market participants only.  Data used to determine the winner of this Award is provided by Institutional Investor Research and is based on a survey they conduct of buy-side and sell-side analysts, money managers, securities firms and financial institutions who reside outside of Australia. 

Survey participants are asked to rate companies on the following attributes:

  • Productivity of NDR/Conferences/Calls
  • IR team well informed and empowered
  • Accessibility of senior execs
  • Responsiveness
  • Timeliness of disclosure
  • Consistency and granularity of disclosure
  • Business and market knowledge, and
  • Communication amid COVID-19.

All votes are weighted by rating (five being excellent; one being average) and attributes are aggregated to create the rankings.

 International Award Data Provider:
   

 


Awards Data Provider

 

2023 Best Practice Awards Winners 
Corporate Awards

VOTING CRITERIA

Best Investor Relations by a Company Awards /  Most Progress in Investor Relations

 

Voting Constituents: 

Best IR by a Company / Most Progress in Investor Relations
All buy and sell-side analysts and fund managers in AU / NZ

When voting on this Award, participants will be asked to score each company on a scale of 1 - 10 for each of the following categories and definitions:

Access to CEO / CFO

Availability of senior management (Board, CEO/ CFO) to meet with fund managers and brokers, including regularity of this availability and timeliness of meetings.

Access to Other Management

Availability of senior management (other than Board, CEO/CFO) to answer queries and information requests from fund managers and brokers, including regularity of this availability and timeliness of meetings.

Quality of IR

General engagement of the investment community as an ambassador for the company to ensure its business activities are communicated accurately and appropriately. This entails regularity and usefulness of communications, responsiveness to enquiries, ability to arrange meaningful and timely access to senior and middle management, flexibility in meeting investment community information demands and varying needs.

Clarity of Strategy

How well senior management and investor relations report their corporate strategy such that it is clearly articulated and explained to the investment community. Management’s track record and how well they manage investor expectations is also relevant.

Transparency

Comprehensive and timely reporting of disclosures to the investment community on material changes in operation.  Transparency of financial disclosures including half and full year results announcements, presentations and annual report.  Briefings to the market that have a sufficient level of detail, are timely and readily accessible.

Best Investor Event by an Australasian Company

Voting Constituents: 

All buy and sell-side analysts and fund managers in AU / NZ.

When voting on this Award, participants will be asked to score each company on a scale of 1 - 10 for each of the following categories and definitions:  

Quality of Investor Events 

Considers the quality of information provided, access to senior management at the event, accessibility and usability of information, timeliness, event execution, honesty.

Access to Other Management

Availability of senior management (other than Board, CEO/CFO) to answer queries and information requests from fund managers and brokers, including regularity of this availability and timeliness of meetings.

Best Use of Technology for Investor Communications by an Australasian Company

Voting Constituents: 

All buy and sell-side analysts and fund managers in AU / NZ

When voting on this Award, participants will be asked to score each company on a scale of 1 - 10 for each of the following categories and definitions:

Quality of Website / Tech 

Access to company information via its website, including historical financial reports, non-financial and operational / corporate structure information. Usability is also key in the assessment of a company’s website.

Best ESG / Sustainability Reporting by an Australasian Company

 

Voting Constituents: 

All buy and sell-side analysts and fund managers in AU / NZ

When voting on this Award, participants will be asked to score each company on a scale of 1 - 10 for each of the following categories and definitions:

Sustainability Reporting

Transparency and completeness of reporting ESG disclosures including TCFD, Sustainability reports and other ESG related disclosures

Risk Management

Climate risk management seeks to promote sustainable development by reducing the vulnerability associated with climate change. Climate risk management covers a broad range of potential actions including early-response systems, strategic diversification, financial instruments, infrastructure design and capacity building.
Supply chain risk management whereby the business continuity capability of the company in the event of external shocks to its supply chain including the extent to which it has embedded policies and procedures to address these risks. In particular this encompasses transparency in the prevention of and action against modern slavery in its operations and participating in responsible global supply chains.