Report Ratings - A-Z List

AR on AR 2019  |  Report ratings  |  Positives and negatives  |  Rating panelists  |  Panelists' favorites  |  Best Reporting practices  |  Evaluation criteria

Of the 1000 annual reports that are reviewed, these are the top 300 performers (A+ to B-) according to the ReportWatch team and panelists.

Company CountryRating
AbbottU.S.B
AccorFranceB
ACSSpainB+
Adaro EnergyIndonesiaB-
AdeccoSwitzerlandB+
AdidasGermanyA
AeroflotRussiaB+
Ahlstrom-MunksjöFinlandB+
Ahold DelhaizeNetherlandsB+
Air France-KLMFranceB
Air LiquideFranceB+
AirbusNetherlandsB
AkzoNobelNetherlandsA+
Alfa LavalSwedenA
ANA (All Nippon Airways)JapanA-
AndritzAustriaB+
Anglogold AshantiSouth AfricaB+
Anheuser-Busch InbevBelgiumB
ArkemaFranceB+
ArlaDenmarkB+
ARMUKB+
AsahiJapanB+
Aspen PharmacareSouth AfricaA-
Assa AbloySwedenA-
Associated British FoodsUKA-
Astellas PharmaJapanB+
AstraZenecaUKA-
Atlas CopcoSwedenA
AuchanFranceB
AudiGermanyB
AurubisGermanyA-
AutolivSwedenB+
AxfoodSwedenA-
BabcockUKB+
BAE SystemsUKB+
BarcoBelgiumB+
BarloworldSouth AfricaB+
BarrickCanadaB
BASFGermanyA-
BashneftRussiaB+
BayerGermanyB+
BCECanadaB+
BilfingerGermanyB+
BillerudKorsnäsSwedenA-
BiogenU.S.B-
BMWGermanyB
BolidenSwedenA
BombardierCanadaB-
BonavaSwedenA-
BonduelleFranceB
BouyguesFranceB
BPUKB+
British American TobaccoUKB+
British LandUKA-
BritvicUKA-
BTUKB+
Cairn EnergyUKB+
CarlsbergDenmarkB+
CarrefourFranceB
CascadesCanadaB+
CasinoFranceB+
CentricaUKB+
CherkizovoRussiaA-
Chugai PharmaceuticalJapanA-
CityconFinlandB+
ClariantSwitzerlandB+
CloettaSwedenA+
CloroxU.S.B+
CLPHong Kong-ChinaA
Coca-ColaU.S.B-
CompassUKB+
Concordia MaritimeSwedenA-
ContinentalGermanyB+
Cosmo EnergyJapanB
CovestroGermanyB+
CramoFinlandB+
Daiichi SankyoJapanB+
DaimlerGermanyB+
Daiwa HouseJapanB+
DanoneFranceB+
Deutsche BahnGermanyA-
Deutsche Post DHLGermanyB+
Deutsche TelekomGermanyB+
DiageoUKB+
DIMO (Diesel & Motor Engineering)Sri LankaB+
Docomo (NTT Docomo)JapanB+
Dr. Reddy's LaboratoriesIndiaB
DSMNetherlandsB+
EDP (Energias de Portugal)PortugalB+
EGCOThailandB-
EisaiJapanB+
ElectroluxSwedenA
ElektaSwedenB+
En+Cyprus-RussiaB
EnagasSpainB+
EnBWGermanyB+
ENIItalyB
EniroSwedenB
EntergyU.S.B+
EpirocSwedenA-
EricssonSwedenB+
EssitySwedenA-
EVNAustriaB+
Evonik IndustriesGermanyB+
EvrazUK-RussiaB+
ExxonMobilU.S.B+
Fast RetailingJapanB+
Federal GridRussiaB+
FedExU.S.B
FergusonJersey-SwitzerlandA-
FerrovialSpainB+
FinnairFinlandB+
FLSmidthDenmarkA-
FortumFinlandA-
FujitsuJapanB+
G4SUKB+
GazpromRussiaB
GeberitSwitzerlandB
General ElectricU.S.B-
General MillsU.S.B
GetingeSwedenB+
GivaudanSwitzerlandB+
GlencoreSwitzerland-JerseyB+
GrängesSwedenB+
GSK (GlaxoSmithKline)UKB
HachetteFranceB
HalmaUKB+
HammersonUKB+
HayleysSri LankaB+
HaysUKB+
HeidelbergGermanyB+
HeinekenNetherlandsB+
HenkelGermanyB+
Hitachi MetalsJapanB
HochtiefGermanyB+
HolmenSwedenA-
Hugo BossGermanyB
HusqvarnaSwedenA-
IAG (International Airlines)Spain-UKB
IberdrolaSpainB+
ICASwedenA-
IHG (InterContinental Hotels)UKB+
InditexSpainB
Infineon TechnologiesGermanyB+
InfosysIndiaB-
IntelU.S.B+
IOIMalaysiaB
IpsenFranceB
ISSDenmarkB+
ItochuJapanB+
J SainsburyUKB+
Japan TobaccoJapanB-
JenoptikGermanyB+
JKH (John Keells)Sri LankaB+
JMSwedenB+
Johnson MattheyUKA-
KemiraFinlandB+
KeppelSingaporeB+
KeskoFinlandB+
KoneFinlandB
Konica MinoltaJapanB+
KPNNetherlandsB+
L'OréalFranceB+
LandsecUKA-
LanxessGermanyB
LindabSwedenA-
LindeGermanyB+
Lindt & SprüngliSwitzerlandB
LixilJapanB+
LonzaSwitzerlandB+
LufthansaGermanyB+
LukoilRussiaB+
LVMHFranceB
M&S (Marks & Spencer)UKB+
MarshallsUKB+
MarubeniJapanB
MegafonRussiaB+
MekonomenSwedenA-
MerckGermanyB+
MetroGermanyB
Metsä BoardFinlandB+
MetsoFinlandB+
MichelinFranceB+
MitsubishiJapanB+
Mitsubishi Tanabe PharmaJapanB+
MitsuiJapanB+
MolHungaryB-
MondiUK-South AfricaB+
MothercareUKB+
MVV EnergieGermanyB+
National GridUKB+
NesteFinlandB+
NestléSwitzerlandB+
NobiaSwedenB+
NobinaSwedenB+
NokiaFinlandB+
Nornickel (Norilsk Nickel)RussiaA-
NovartisSwitzerlandB+
Novo NordiskDenmarkA-
NovozymesDenmarkA
NTTJapanB+
NutrienCanadaA-
NyrstarBelgiumB-
OlympusJapanB+
OmronJapanB+
OMVAustriaB+
OrexoSwedenB+
OrstedDenmarkB+
Pacific BasinHong Kong-ChinaB+
PanasonicJapanB+
PearsonUKB+
PepsiCoU.S.B-
Pernod RicardFranceB+
PfizerU.S.B+
PhilipsNetherlandsA-
Phoenix MecanoSwitzerlandB+
PiramalIndiaB
PostnordSweden-DenmarkB+
ProSiebenSat.1GermanyB+
PumaGermanyB+
RandstadNetherlandsA-
REE (Red Electrica de Espana)SpainB+
RELXUKB
RenaultFranceB
RenewiUKB+
Rentokil InitialUKA-
RocheSwitzerlandA-
Rogers CommunicationsCanadaB
Rolls-RoyceUKB+
RosneftRussiaB+
RostelecomRussiaB
RTLLuxembourgB
RusHydroRussiaB+
Russian RailwaysRussiaB+
SaabSwedenA-
SafaricomKenyaB
Saint-GobainFranceB+
SandvikSwedenB+
SanofiFranceB
SappiSouth AfricaA
SASSwedenA-
SasolSouth AfricaA-
SCASwedenA+
Schmolz + BickenbachSwitzerland-GermanyB+
SebFranceB+
SecuritasSwedenA-
SegroUKB+
SemperitAustriaB+
Severn TrentUKB
SGSSwitzerlandB+
Shell (Royal Dutch Shell)Netherlands-UKB+
ShiseidoJapanB+
SkanskaSwedenA
SKFSwedenA
Smith & NephewUKA-
SmithsUKB+
SobiSwedenB+
SodexoFranceB
SolvayBelgiumB+
Speedy HireUKB
SSE (Scottish and Southern Energy)UKB+
ST EngineeringSingaporeB+
Stora EnsoFinlandA+
StrabagAustriaA-
StraumannSwitzerlandB+
SuekRussia-CyprusA-
SumitomoJapanB+
Sumitomo ChemicalJapanB+
SwecoSwedenB+
Swedish MatchSwedenA-
Swiss Prime SiteSwitzerlandB+
SwisscomSwitzerlandB+
Takeda PharmaceuticalJapanB+
Tata MotorsIndiaB
Tata SteelIndiaB
Tate & LyleUKB+
TDCDenmarkB
TeijinJapanB+
TelusCanadaA
Thomas CookUKB
Thomson ReutersU.S.-CanadaB
ThyssenKruppGermanyB
TM (Telekom Malaysia)MalaysiaB+
TNB (Tenaga Nasional)MalaysiaB+
TorayJapanB+
TranscontainerRussiaB+
TransnetSouth AfricaA
TrelleborgSwedenA+
TUIGermanyB+
UCBBelgiumB+
UmicoreBelgiumB+
Unibail-Rodamco-WestfieldFranceB
UnileverNetherlands-UKB+
United UtilitiesUKB+
UPMFinlandA
UralkaliRussiaB+
ValeoFranceB+
ValmetFinlandB+
VattenfallSwedenA
Vestas Wind SystemsDenmarkB
VodafoneUKB+
VolkswagenGermanyB
VolvoSwedenA+
Volvo CarSweden-ChinaB+
WalmartU.S.B-
WärtsiläFinlandA-
WessanenNetherlandsB+
WeyerhaeuserU.S.B-
WhitbreadUKB+
WienerbergerAustriaA
WiproIndiaB-
WolfordAustriaB
Wolters KluwerNetherlandsB
WoolworthsAustraliaB+
WPPJersey-UK-IrelandB+
X5 RetailRussia-NetherlandsB+
YamahaJapanB
YaraNorwayB+
YITFinlandB+

Best annual reports 2019 badge

Rating scale 

A+5First-rate
A4.5Excellent
A-4Very good
B+3.5Sound
B3Average
B-2.5Uneven
C+2Common
C1.5Substandard
C-1Poor
D0.5Uncompetitive