LONDON: The Financial Times and IFC, a member of the World Bank Group, today launch an awards programme to showcase business initiatives that can create long-term, transformative solutions to environmental, social, and corporate governance challenges, particularly in developing nations.
The FT/IFC Transformational Business Awards: Sustainable Solutions to Today’s Development Challenges expand the FT/IFC Sustainable Finance Awards, which established themselves over eight years as the leading global awards for environmentally and socially responsible banking and investment. The 2013 Sustainable Finance Awards attracted a record 254 entries from 221 organisations in 61 countries.
The Financial Times and Citi are pleased to announce that Sanergy has been named the global winner of the 2013 FT/Citi Ingenuity Awards: Urban Ideas in Action programme. The Nairobi based non-profit organisation was selected by a distinguished panel of judges, including last year’s winner, for developing a sustainable and hygienic sanitation system that recycles human waste to generate electricity and fertilizer for local farmers.
Regional winners were also recognised for their work in fuelling urban progress:
The Financial Times is extending its content matching service ‘FT Smart Match’ to global advertising clients after a successful initial trial. The technology, provided by Smartology, recognises the meaning of news articles, allowing advertisers to match their content to relevant news stories in real time on FT.com.
Piloted in June 2011 and going well beyond the industry standard of keyword recognition, FT Smart Match uses an emerging technology called ‘semantic profiling’ which analyses text through weighting ‘concepts’ and ‘categories’ to derive matching accuracy for advertiser content on FT.com. By automating advertising placement from content, the technology solves a major problem for advertisers and pioneers a new approach to display advertising.