Sustainable Banking Conference andAwards
Description
The Financial Times, in partnership with IFC, a member of the World Bank Group, has launched the 2010 edition of the FT Sustainable Banking Awards, the leading programme recognising banks and other financial institutions for leadership and innovation in integrating environmental, social and governance considerations into their operations.
Now in their fifth year, the Awards come at a crucial time, as the world grapples with the challenge of climate change, the financial and social impact of the global economic downturn, particularly on the world’s poor, and the continued under-supply of basic needs such as food, water and energy.
The 2010 Awards are also launched as the financial industry begins to emerge from the worst crisis since the Great Depression, amid sustained debate over whether the traditional models of banking and investment should shift in favour of more transparent businesses that demonstrably deliver value to society and actively consider environmental impact while adding to the financial bottom line.
To underline these persistent concerns, the 2010 Awards for the first time maintain the categories of the previous year, emphasising the continuing need to address the plight of those at the Bottom of the Pyramid as well as highlight the scarcity of essential goods across society.
Entries will be accepted until February 28, 2010 in the following categories:
* Sustainable Bank of the Year
* Emerging Markets Sustainable Bank of the Year
* Achievement in Basic Needs Financing
* Achievement in Banking at the Bottom of the Pyramid
* Sustainable Investor of the Year
The awards for Achievement in Basic Needs Financing, Banking at the Bottom of the Pyramid, and Sustainable Investor of the Year, are open to all financial institutions, including non-banks. The other two categories are open only to banking institutions.
As in previous years, the overall Emerging Markets award winner will be chosen among the winners of four Regional Leadership awards covering Africa/Middle East, Asia, Eastern Europe and Latin America.
A high-level judging panel will select short-lists for each category in April 2010. 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 attended by senior bankers and decision-makers in the area of sustainability.