Short List of banks nominated for the 2007 FT Sustainable Banking Awards announced

The judging panel will meet again in June to pick the winners in each category. Winners will be announced at a special dinner at the Landmark in London on June 7. A major conference on sustainable banking, addressing the views of banks, their stakeholders, and civil society, will take place earlier in the day.

Lionel Barber, Editor of the Financial Times, commented: “The impressive short list reflects the diversity of financial institutions entering the 2007 awards, and we hope the continued growth of this program brings more attention to the issues of sustainability in finance and sparks further discussions on how banks around the world can advance in this area.”

“Consideration of sustainability issues by financial institutions is now moving into the mainstream,” said Lars Thunell, head of IFC. “The number of entries to this competition and the quality of the short list show that more and more banks see the benefits of integrating sustainability into their business.”

The judging panel includes leading figures involved in sustainable finance and development:
John Willman, U.K. business editor, Financial Times (panel co-chair)
Lars Thunell, head, IFC (panel co-chair)
Paul Clements-Hunt, head of unit, United Nations Environment Programme Finance Initiative (UNEP FI)
Sergio Rosa, chief executive officer, PREVI
Paul Grimes, chief operating officer, FTSE Group
Tessa Tennant, cofounder, Association for Sustainable and Responsible Investment in Asia
Leading consultancy Sustainable Finance Ltd. are technical advisers on the awards.

(This is the Press Release of IFC)

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