BBLF and partner news

The Best Investors in Human Capital in 2020

May 05, 2021
The Best Investors in Human Capital in 2020

The HR category saw a 30% increase of entries in the Annual Responsible Business Awards

The recent pandemic has put human capital at the heart of every business adding to the regular investment in people the COVID-19 precaution measures, home office support and a renewed focus on work-life balance. All of these have impacted our CSR competition, too.

One of the most competitive categories in the 2020 Responsible Business Awards, the prominent national competition for best practice in corporate social responsibility and sustainable development, is Investor in Human Capital and Working Conditions. 20 entries vie for the prestigious title marking a 30% rise on the previous year.  

Held for the 18th year in a row, the Responsible Business Awards aim to encourage the success of companies in responsibility and sustainability achieved by means of their continuous policies in the professional development of employees and improved working conditions. The pandemic seems to have reminded employers that the people are the driving force of the economy, a source of success, competitiveness and added value for businesses.

The winner of the award in 2019 was Citibank Europe Bulgaria with their Rinker Youth Challenge. The summer internship programme of VIVACOM was ranked second, and Telenor got the third place with Open Mind Bulgaria, a career development programme for people with disabilities.

20 projects of 18 companies vie for the 2020 Investor in Human Capital and Working Conditions prize. The largest share of the nominations come from the trade and consumer goods sector – 35%, followed by the ICT sector with 25% and manufacturing companies with 20%. Companies from the banking and pharmaceutical sectors, as well as from the hotel industry, have also submitted entries. 35% of submissions came from companies outside BBLF, and a quarter of them are located outside of Sofia.

Summaries of all HR entries are available here.

Most of the entries in the HR category also compete for the new special award titled Diversity at Work. It will be granted for the first time ever by the Bulgarian Diversity Charter – a joint initiative of the Bulgarian Business Leaders Forum and the Centre for the Study of Democracy which aims to promote policies for equality, non-discrimination and inclusion policy in the workplaces, and to contribute to building a respectful and tolerant society.

The goal of BBLF as an organiser of the prestigious competition is to honour CSR champions and their contribution to building a fair social environment and a sustainable future. The winners in the individual categories and their runners-up, ranked second and third, will be announced during the prize-giving ceremony, which will take place on June 10 2021 – further details are available here.

For updates: and social media with #bblfawards2020 and #responsible business.

Do not miss the opportunity to promote your brand, product or service as a sponsor of the prestigious Responsible Business Awards 2020.

The companies that entered the 2020 Investor in Human Capital and Working Conditions categoryAladin Foods; Cargill Bulgaria; Danone Serdika; Dundee Precious Metals Krumovgrad; Festo Production; Hewlett Packard GDBC; Kaufland Bulgaria; Lidl Bulgaria; Musala Soft; Nestle Bulgaria; Novotel Sofia; Pharmalex Bulgaria; Philip Morris Bulgaria; Raiffeisenbank; Reichle & De-Massari Bulgaria Production; SAP; Stopanski Deinosti KCM; Titan Zlatna Panega Cement.

More about the 2020 Investor in the Community entries.

More about the 2020 Investor in Knowledge race.


Golden partner

Silver partner

Bronze partner