Asian banks are being urged to enter the Financial Times’ first global
awards recognizing banks that have integrated social and environmental
objectives into their operations while continuing to maximize their
shareholders’ gains.
The awards, created with the International Finance Corporation, part of
the World Bank group, will be in five categories – Sustainable Bank,
Emerging Markets Sustainable Bank, Sustainable Bankers, Sustainable
Deal and Sustainable Energy Finance Deal.
The judges will examine the environmental, social and financial value
created by sustainable approaches and the deals in which the banks have
been involved.
Lionel Barber, editor of the Financial Times, said: ‘Teams of
specialist bankers have emerged whose mandate is to find innovative
ways of financing projects or creating products with significant social
and environmental benefits, while also meeting their banks’ profit
targets and protecting their shareholders.’
The judges include Tessa Tennant, chair of the Association for Sustainable and Responsible Investment in Asia.
Entries should be in by 1 March. Shortlists will be drawn up by 31
March and the winners will be announced at a gala ceremony in London on
6 June.
