Press Releases

FT Announces Short Lists for 2009 Sustainable Banking Awards

London, April 16, 2009─The Financial Times and IFC, a member of the World Bank Group, have announced the shortlists for the 2009 FT Sustainable Banking Awards. The Awards, now in their fourth year, were created to recognise banks and other financial institutions that have shown leadership and innovation in integrating social, environmental and corporate governance considerations into their operations.

The Awards have grown in popularity and 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 judging panel, which includes leading figures involved in sustainable finance and development, met last week at the Financial Times offices in London to agree on a short-list of five institutions for each category of award except Emerging Markets Bank of the Year, where three banks were nominated for each regional sub-category. The nominees are as follows:

Sustainable Bank of the Year

       Deutsche Bank, Germany

       Grupo Santander Brasil

       Industrial Bank, China

       Standard Chartered, UK

       Triodos Bank, Netherlands

Sustainable Emerging Markets Bank of the Year

Africa/Middle East

       Access Bank, Nigeria

       Equity Bank, Kenya

       Nedbank, South Africa


       ACLEDA Bank, Cambodia

       Industrial Bank, China

       YES Bank, India

Eastern Europe

       AccessBank, Azerbaijan

       Center-Invest Bank, Russia

       Industrial Development Bank of Turkey (TSKB)

Latin America

       Banco do Brasil

       Banco Galicia, Argentina

       Itau Unibanco, Brazil

Achievement in Basic Needs Financing

       Acumen Fund, US

       MicroEnsure, UK

       ParaLife Group, Switzerland

       Trust Bank, Ghana

       Water Capital, Mexico

Banking at the Bottom of the Pyramid

       ABN AMRO India

       Bank of Kathmandu, Nepal

       Opportunity International, UK

       Root Capital, US

       Wizzit, South Africa

Sustainable Investor of the Year

       Actis, UK

       Calvert Foundation, US

       E+Co, US

       Global Environment Fund, US

       Pictet Asset Management, US

“The entries to this year’s Awards were of particularly high quality, underlining the extent to which financial institutions are focusing on environmental, social and corporate governance considerations in these challenging times,” said Lionel Barber, editor of the Financial Times. “We are especially pleased to see the growing global interest in these awards, reflecting the increasing importance of sustainability across all markets.”

"The crisis has underscored the vital role of finance in economic growth and development, as well as the need to incorporate the principles of sustainability into business and banking models," said Lars Thunell, IFC Executive Vice President and CEO. "The high level of interest in this year’s awards is an encouraging sign that commitment to sustainability remains strong in the financial community."

The judging panel that selected the nominees and will choose the award winners includes leading figures involved in sustainable finance and development:

       John Willman, Former UK Business Editor, Financial Times (co-chair)

       Rachel Kyte, Vice President, Business Advisory Services, IFC (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)

Leading consultancy Sustainable Finance Ltd is technical advisor for the programme.

The winners of the awards will be announced at a special dinner at the Renaissance Chancery Court Hotel in London on 4 June 2008.

The awards dinner will conclude the 2009 FT/IFC Sustainable Banking Conference, a full-day gathering of major decision-makers, strategists and visionaries involved in sustainable finance. Confirmed speakers for the Sustainable Banking Conference include:

       Fabio Barbosa, Chairman, Banco Real

       Beet Heemskerk, Chairman, Rabobank International

       Simon Zadek, CEO, AccountAbility

       Alex Counts, President and CEO, Grameen Foundation

       Prof Jules Pretty OBE, Professor of Environment and Society, University of Essex

       Tom Scholar, Managing Director, International and Finance, HM Treasury

       Lars Thunell, Executive Vice President and CEO, IFC

For further information on the Awards and Conference, please contact:

Emma Gilpin-Jacobs, Financial Times, London, +44 (0) 20 7873 4447

Lizzie Allen, Financial Times, London, +44 (0) 20 7873 4463

Azmar Sukandar, Financial Times, Hong Kong, +852 2905 5519

Lotte Pang, IFC, Washington, DC, +1 (202) 758 4290

Notes to Editors:

About the Financial Times

The Financial Times, one of the world’s leading business news organisations, is recognised internationally for its authority, integrity and accuracy.  Providing extensive news, comment and analysis, the newspaper is printed at 24 print sites across the globe, has a daily circulation of 431,900 (ABC figures, March, 2009) and a readership of 1.3 million people worldwide. is the definitive home for business intelligence on the web, providing an essential source of news, comment, data and analysis for the global business community. attracts 7.1 million unique users, generating 72 million page views (ABCe figures, March 2008) and now has over 1.2 million registered users.

About IFC

IFC, a member of the World Bank Group, creates opportunity for people to escape poverty and improve their lives. We foster sustainable economic growth in developing countries by supporting private sector development, mobilizing private capital, and providing advisory and risk mitigation services to businesses and governments. Our new investments totaled $16.2 billion in fiscal 2008, a 34 percent increase over the previous year. For more information, visit