Financial Times Announces Winners Sustainable Banking Awards

Jun 2009
Washington, United States, June, 11 2009 - The Financial Times and the International Finance Corporation (a member of the World Bank Group) announced the winners of the 2009 FT Sustainable Banking Awards.

Now in their fourth year, the awards recognize banks and other financial institutions that have shown leadership and innovation in integrating social, environmental and corporate governance considerations into their operations.

This year the nominees were selected from among 165 entries from 117 institutions across 42 countries. Three categories - Achievement in Basic Needs Financing, Banking at the Bottom of the Pyramid, and Sustainable Investor of the Year - were open to non-banking financial institutions as well as banks.

The 2009 winners and runners-up in each category are:

Sustainable Bank of the Year

• Winner: Triodos Bank, Netherlands

• Runner-up: Standard Chartered, UK

Emerging Markets Sustainable Bank of the Year

• Winner: Itau Unibanco, Brazil

• Regional winner Africa/Middle East: Equity Bank, Kenya

• Regional winner Asia: Industrial Bank, China

• Regional winner Eastern Europe: Industrial Development Bank of Turkey (TSKB)

• Regional winner Latin America: Itau Unibanco

Achievement in Basic Needs Financing

• Winner: MicroEnsure, UK

• Runner-up: Water Capital, Mexico

Achievement in Banking at the Bottom of the Pyramid

• Winner: Root Capital, US

• Runner-up: WIZZIT, South Africa

Sustainable Investor of the Year

• Winner: Global Environment Fund, US

• Runner-up: E+Co, US

The judges were:

• Rachel Kyte, Vice President, Business Advisory Services, IFC (co-chair)

• John Willman, former UK Business Editor and Former Associate Editor, Financial Times (co-chair

• David Harris, Manager, Responsible Investment, FTSE Group

• Richard Laing, Chief Executive, CDC Group Ltd

• Elizabeth Littlefield, CEO, Consultative Group to Assist the Poor (CGAP)

• Herman Mulder, international sustainable development advisor

• Tessa Tennant, Co-founder, Association for Sustainable and Responsible Investment in Asia (ASrIA)

Source : CGAP

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