“Many banks, investment houses and other financial institutions are transforming their business and providing ground-breaking products and services that address some of the key concerns of our time.
These expanded Awards recognise this shift at a time when the financial industry is seeking new opportunities for growth after the worst crisis since the Great Depression,” said Martin Dickson, FT deputy editor and co-chair of the awards judging panel.
The FT/IFC Sustainable Finance Awards reflect the major shifts that are taking place across the banking and investment community, which faces growing pressure to incorporate environmental, social and governance factors into all levels of decision-making, from risk management and product design to actual investing and financing.
“IFC sees huge potential for innovation and better corporate governance as the industry develops products and services that deliver finance in a way that lifts people out of poverty, helps create sustainable jobs and fights climate change” Lars Thunell, IFC executive vice president and CEO.
Applications are being accepted until March 14, 2011 in the following five categories: Sustainable Bank of the Year, Sustainable Asset Owner of the Year, Sustainable Asset Manager of the Year, Achievement in Basic Needs Financing, and Achievement in Financing at the Base of the Pyramid.The winners will be announced on June 16, 2011 at a gala dinner at Renaissance Chancery Court Hotel in London. Details on the awards and the Sustainable Finance Conference can be obtained at ftconferences.com