June 9, 2017: The Financial Times and the International
Finance Corporation (IFC), a member of the World Bank Group, have announced
the winners of the 2017 FT/IFC Transformational Business Awards.
This year’s program marks 12 years of collaboration between the FT and
IFC on awarding global initiatives that highlight ground-breaking, commercially
viable solutions to today’s development challenges.
The winners and highly commended are:
Achievement in Transformational Infrastructure
Winner: Truck Alliance, China
Special Commendee: National Freight Information and Transportation Hub
(NAFITH), Jordan and Iraq
Achievement in Transformational Finance
Winner: WorldRemit, Global
Achievement in Sustainable Development, with a focus on Food, Water and
Land
Winner: Winnow, Global
Special Commendee: Ignitia, Sub-Saharan Africa
Achievement in Sustainable Development, with a focus on Health, Wellness
and Disease Prevention
Winner: CarePay M-TIBA Mobile Health Wallet, Kenya
Achievement in Sustainable Development, with a focus on Education, Knowledge
and Skills
Winner: Edukasyon.ph Employment Platform, Philippines
Special Commendee: BRAC STAR Skills Training Programme, Bangladesh
Special Public Sector Award: Achievement in City-Led Transformation
Winner: PACCM Climate Action Programme, Mexico City
Overall Award: Excellence in Disruptive Technologies
Winner: Truck Alliance, China
Overall Award: Excellence in Climate Solutions
Joint winners: Block Island Wind Farm, US, and CrossBoundary Energy Fund,
Kenya, Rwanda and Ghana
Overall Award: Excellence in Transformational Business
Winner: WorldRemit, Global
For 2017, special attention was given to
products and services that harness disruptive technologies and business
models to achieve their sustainability objectives. The awards also again
highlighted solutions that address climate change and help meet key UN
Sustainable Development Goals (SDGs). A total of 148 entries were received
from 152 organisations involving projects in more than 84 countries.
“The superb short-lists this year reflected
the catalytic impact of the Paris Agreement and the Sustainable Development
Goals on initiatives to address climate change and alleviate poverty. It
was not easy to choose a winner among such strong nominees, but we are
delighted with this year’s winners and particularly the role that disruptive
technologies are playing in driving progress,” said Robert Armstrong,
chief editorial writer of the Financial Times and co-chair of the awards
judging panel.
“The FT/IFC Transformational Business Awards have evolved over the years
to provide innovative solutions to pressing development challenges,'' said
Nena Stoiljkovic, Vice President for Blended Finance and Partnerships,
IFC, and judging panel co-chair. “Most recently, the awards have focused
on the central role for the private sector in meeting the SDGs, by combining
capital, innovative thinking, new partnerships-creating opportunities where
they are needed most in emerging markets.”
The awards judging panel consisted of:
· Robert Armstrong, chief editorial writer,
Financial Times (co-chair)
· Nena Stoiljkovic, Vice President for Blended
Finance and Partnerships, IFC (co-chair)
· Samir Abhyankar, partner, TPG Growth
· Kalipso Chalkidou, director, Global Health
and Development Group, Institute of Global Health Innovation, Imperial
College
· Billy Cobbett, director, Cities Alliance
· Chris Locke, founder, Caribou Digital
· Kanini Mutooni, member of the board, Global
Innovation Fund
· Nick Robins, co-director, Inquiry into the
Design of a Sustainable Financial System, United Nations Environment Programme
(UNEP)
· Henrik Skovby, executive chairman, Dalberg
Group
PwC was technical advisor for the programme.
The awards were presented at a special dinner in London attended by around
200 senior decision-makers in business, finance and development. The event
followed a half-day Transformational Business Conference organized by the
Financial Times and IFC.
For more details on the FT/IFC Transformational Business Conference and
Awards, please visit live.ft.com/transformationalbusiness,
where you will also find photographs and video of both events.
About the Financial Times:
The Financial Times is one of the world’s leading business news organisations,
recognised internationally for its authority, integrity and accuracy. In
2016 the FT passed a significant milestone in its digital transformation
as digital and services revenues overtook print revenues for the first
time. The FT has a combined paid print and digital circulation of almost
860,000 and makes 60% of revenues from its journalism.
About IFC:
IFC, a member of the World Bank Group, is the largest global development
institution focused on the private sector in emerging markets. Working
with more than 2,000 businesses worldwide, we use our capital, expertise,
and influence to create markets and opportunities in the toughest areas
of the world. In FY16, we delivered a record $19 billion in long-term financing
for developing countries, leveraging the power of the private sector to
help end poverty and boost shared prosperity. For more information, visit
www.ifc.org.
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