The FT Sustainable Banking Awards, the leading global awards for socially and environmentally responsible banking and investment, have marked their fifth year by generating 156 entries from 110 institutions in 44 countries.
The large number of entries shows the extent to which financial institutions in developed and emerging markets are incorporating environmental, social, and corporate governance issues into their decision-making, amid the impact of the global financial crisis, the challenge of climate change, and the pressures of poverty.
The awards created by the Financial Times and IFC, a member of the World Bank Group, have grown in popularity since their launch in 2006, when 98 entries were submitted by 48 banks in 28 countries.
Entries this year were received in five categories: Sustainable Bank of the Year, Emerging Markets Sustainable Bank of the Year, Achievement in Basic Needs Financing, Banking at the Bottom of the Pyramid, and Sustainable Investor of the Year.
The judging panel that will meet next month to select the shortlists of award nominees 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
- Mary Ellen Iskenderian, President and CEO, Women’s World Banking
- Richard Laing, Chief Executive, CDC Group Ltd.
- Herman Mulder, international sustainable development advisor
The winners will be announced and the awards presented on June 3, 2010 at a gala dinner at the Renaissance Chancery Court Hotel in London.
The dinner will conclude the 2010 FT Sustainable Banking Conference, the major annual summit on sustainable banking and finance that will gather some of the world’s most renowned visionaries, strategists, and financial decision-makers.
“We are delighted to see such a response to the 2010 awards, particularly from an industry still in transition after the worst crisis in decades,” said Martin Dickson, FT Deputy Editor and Co-Chair of the awards judging panel. “As the financial sector begins to recover, the focus will be on the quality of that recovery, with an increasing emphasis on the role institutions can play in providing long-term solutions to the world’s most pressing issues.“
”The entries this year positively reflect how financial institutions are reassessing their roles as corporate citizens,” said IFC Executive Vice President and CEO Lars Thunell. “Their high quality reflects the increased focus financial institutions are placing on environmental and social issues. We are particularly happy by the response we received from financial institutions in emerging markets, showing that development and financial success go hand-in-hand.”
Leading consultancy Sustainable Finance Ltd. is technical advisor for the programme.
The list of participating institutions for the 2010 FT Sustainable Banking Awards is in the attached Appendix. For more information, including registration for the Sustainable Banking Conference and Awards dinner, please go to www.ftconferences.com/sustainablebanking.
For further information, please contact:
Harriet Mallinson, Financial Times, +44 (0) 20 7873 3882 or harriet.mallinson@ft.com
Azmar Sukandar, Financial Times, +852 2905 5519 or azmar.sukandar@ft.com
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 extensive news, comment, and analysis, the newspaper is printed at 25 print sites across the globe, has a daily circulation of 390,203 (ABC figures February 2010), and a readership of 1.3 million people worldwide. FT.com is the definitive home for business intelligence on the Web, providing an essential source of news, comment, data, and analysis for the global business community. FT.com attracts 11.4 million unique users, generating 83.2 million page views (ABCe figures, March 2009) and now has over 1.8 million registered users.
About IFC
IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. We foster sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments. Our new investments totaled $14.5 billion in fiscal 2009, helping channel capital into developing countries during the financial crisis. For more information, visit www.ifc.org.
APPENDIX
Entries to the 2010 FT Sustainable Banking Awards were received from the following 110 institutions:
Aavishkaar Venture Management, India
ACBA Leasing, Armenia
Access Bank, Nigeria
Acumen Fund, US
Alalay Sa Kaunlaran (ASKI), Philippines
Alsis Funds, US
Ameriabank, Armenia
ANZ Bank, Australia
Bamboo Finance, Swtizerland
Banco Azteca, Mexico
Banco BHD, Dominican Republic
Banco Bradesco, Brazil
Banco de Bogota, Colombia
Banco de Galicia y Buenos Aires, Argentina
Banco do Brasil
Banco do Nordeste do Brasil
Banco Espirito Santo, Portugal
Banco Santander, Spain
Banco Santander Brasil
Bank of Kathmandu, Nepal
Bank of Nanjing, China
Bank of the Philippine Islands
Bank Sarasin, Switzerland
Banque Misr, Egypt
BBVA Bancomer, Mexico
BBVA Group, Spain
BMCE Bank, Morocco
BRAC Bank, Bangladesh
Calvert Foundation, US
Center for Agriculture and Rural Development Mutually Reinforcing Institutions, Philippines
China Merchants Bank
Citi Banamex, Mexico
Compartamos, Mexico
Co-operative Financial Services, UK
Credit Agricole, France
Daegu Bank, South Korea
Deutsche Bank, Germany
Developing World Markets, US
Diamond Bank, Nigeria
Eastern Bank, Bangladesh
Ecclesiastical Investment Management, UK
Ecobank Transnational, Ghana
EcoEnterprises Fund/The Nature Conservancy, US
EIRIS – Sustainable Investment Research Organisation, UK
Equity Bank, Kenya
Exim Bank, Tanzania
F&C Asset Management, UK
Federation Nationale des Caisses D’Epargne, France
Fideicomisos Instituidos en Relacion con la Agricultura (FIRA), Mexico
Financial Information Network and Operations, India
Financiera Educativa de Mexico
FINCA International, US
First MicroFinanceBank, Afghanistan
First MicroFinanceBank, Pakistan
Five Talents, UK
Fund For Sustainable Development, Russia
Global Environment Fund, US
GLS Bank, Germany
Goodwell Investments, Netherlands
Guaranty Trust Bank, Nigeria
Habib Bank, Pakistan
Hatton National Bank, Sri Lanka
HSBC, UK
IFMR Capital, India
Industrial Bank, China
Industrial Development Bank of Turkey (TSKB)
Inecobank CJSC, Armenia
Itau Unibanco, Brazil
JP Morgan Chase, US
KBC Asset Management, Ireland
Mahindra & Mahindra Financial Service, India
MAP International, US
MDM Bank, Russia
Mibanco, Peru
Microcredit Enterprises, US
MicroEnsure, UK
MicroLoan Foundation, UK
Minlam Asset Management, US
Morgan Stanley, US
National Australia Bank
National Bank of Egypt
Nature Elements Capital, China
Nedbank Group, South Africa
One Acre Fund, Kenya
Partner Microcredit Foundation, Bosnia and Herzegovina
Pictet Asset Management, Switzerland
Piraeus Bank, Greece
Platinum Bank, Ukraine
Raiffeisen Bank Albania
Raiffeisenbank (Bulgaria)
Robeco, Netherlands
Royal Bank of Scotland, UK
Russian Agricultural Bank
RZB Group, Austria
Scotiabank Peru
Sinapi Aba Trust, Ghana
Small Industries Development Bank of India
Spandana Sphoorty Financial, India
Standard Bank, South Africa
Standard Chartered Bank, UAE
Suvidhaa Infoserve, India
Turk Ekonomi Bankasi, Turkey
Ventureast Fund Advisors, India
Ventureast Micro-Equity Managers, India
Wells Fargo, US
WestLB, Germany
XacBank, Mongolia
Yellow Pepper, US
YES Bank, India
Zambia National Commercial Bank
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