The Financial Times and IFC, a member of the World Bank Group, have announced the shortlist for the 2011 FT/IFC Sustainable Finance Awards, the major global awards for environmentally and socially responsible banking and investment.
The FT/IFC Sustainable Finance Awards evolved out of the FT Sustainable Banking Awards, which over five years established themselves as the world’s leading awards for banks and other institutions focused on sustainable development.
“This year’s shortlist reflects the very strong entries we have received across all categories,” said Martin Dickson, FT Deputy Editor and Co-Chair of the awards judging panel. “I am also delighted at the regional diversity of the nominees in the transactional awards such as Achievement in Basic Needs Financing. It’s going to be a challenge for the judging panel to pick the winners from such a high-quality group.”
Rachel Kyte, IFC Vice President, Business Advisory Services commented: “This year’s shortlist reflects the geographical range and record number of entries we received for the redesigned IFC/FT Sustainable Finance Awards. IFC is encouraged by the increasing global reach and influence of the awards program.”
The winners in each category, including an overall winner for Sustainable Bank of the Year, will be announced at a special dinner at the Renaissance Chancery Court Hotel in London on 16 June 2011.
The judging panel consists of:
- Martin Dickson, Deputy Editor, Financial Times (co-chair)
- Rachel Kyte, Vice President, Business Advisory Services, IFC (co-chair)
- Isher Judge Ahluwalia, Chairperson, Indian Council for Research on International Economic Relations
- David Harris, Head, Responsible Investment, FTSE Group
- Richard Laing, Chief Executive, CDC Group Ltd
- Herman Mulder, International Sustainable Development Advisor
PricewaterhouseCoopers LLP is technical advisor for the programme.
The awards dinner will conclude the 2011 FT/IFC Sustainable Finance Conference, a full-day gathering of major decision-makers, strategists and visionaries.
Confirmed speakers for the Conference include:
- Andrew Mitchell, UK Secretary of State for International Development
- Neville Richardson, CEO, Co-operative Financial Services
- Lars Thunell, Executive Vice President & CEO, IFC
- Eustaquio de Nicolás Gutiérrez, Chairman of the Board, Homex
- Morten Bækmand Nielsen, First Vice President, Group Treasury, Nykredit
- Philippe Rohner, Co-Manager, Global Water Fund, Pictet Asset Management
- Laurie J Spengler, President and CEO, ShoreBank International
- Sev Vettivetpillai, CEO/CIO, Aureos Advisers
- Andy Wales, Head of Sustainable Development, SABMiller
The 2011 Awards attracted a record 187 entries from 161 institutions in 61 countries.
The shortlisted nominees are as follows:
Sustainable Bank of the Year
Africa/Middle East
Access Bank, Nigeria
Exim Bank, Tanzania
National Bank of Abu Dhabi, UAE
Americas
Banco de Galicia y Buenos Aires, Argentina
Grupo Financiero Banorte, Mexico
Itaú Unibanco Holding, Brazil
Asia/Pacific
Bank BNI, Indonesia
Bank of the Philippine Islands, Philippines
YES Bank, India
Europe
Co-operative Financial Services, UK
GLS Bank, Germany
Industrial Development Bank of Turkey (TSKB), Turkey
Cross-Regional
Bank of America, USA
Bank Sarasin, Switzerland
Citi, USA
Japan Bank for International Cooperation (JBIC), Japan
Sumitomo Mitsui Banking Corporation, Japan
Sustainable Asset Owner of the Year
Caixa de Previdência dos Funcionários do Banco do Brasil (PREVI), Brazil
Environment Agency, UK
London Pensions Fund Authority, UK
National Pension Service, South Korea
Storebrand, Norway
Sustainable Asset Manager of the Year
Aloe Group, UK
Dragon Capital Group, Vietnam
F&C Management, UK
Pictet Asset Management, Switzerland
Rabo Equity Advisors, India
SAM (Sustainable Asset Management), Switzerland
Stratus Group, Brazil
Achievement in Basic Needs Financing
Al-Amal Microfinance Bank (AMB), Yemen
Financiera Educativa de Mexico (FINEM), Mexico
Itaú Unibanco Holding, Brazil
One Acre Fund, Kenya
Yellow Pepper – Digicel – Scotiabank, USA
Mahindra Rural Housing Finance, India
Social Finance, UK
Achievement in Financing at the Base of the Pyramid
Al-Amal Microfinance Bank (AMB), Yemen
Au Financiers (India) Private Ltd (AUFIPL), India
Bank of America Merrill Lynch, UK
J.P. Morgan, USA
Jordan Micro Credit Company (Tamweelcom), Jordan
MicroEnsure, UK
Tameer Microfinance Bank, Pakistan
Shortlisted nominees can also be found here:
- Ends -
For further information, please contact:
Harriet Mallinson, Financial Times, London, +44 (0) 20 7873 3882
Harriet.Mallinson@ft.com
Lizzie Allen, Financial Times, London, +44 (0) 20 7873 4463
lizzie.allen@ft.com
John Philip McNally, IFC, +1 (202) 458 0723
JMcnally@ifc.org
About the Financial Times:
The Financial Times, one of the world’s leading business news organisations, is recognised internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, the FT has a combined paid print and digital circulation of 605,402 (Deloitte assured, 3 January 2011 to 3 April 2011) and a combined print and online average daily readership of 2.1 million people worldwide (PwC assured, November 2010). FT.com has over 3.4 million registered users and 224,000 paying digital subscribers. The newspaper, printed at 24 print sites across the globe, has a global print circulation of 372,076 (ABC, April 2011).
About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. In a time of global economic uncertainty, our new investments climbed to a record $18 billion in fiscal 2010. For more information, visit www.ifc.org