The Financial Times and IFC today announced the short list of banks nominated for the 2007 FT Sustainable Banking Awards. Selected from 151 entries representing more than 100 banks in 51 countries, the diverse nominees reflect the rising importance of sustainable banking around the world, especially in the emerging markets.
The FT and IFC, the private sector arm of the World Bank Group, created the awards to recognize banks that have shown leadership and innovation in integrating social, environmental, and corporate governance objectives into their operations.
The judging panel, which includes leading figures involved in sustainable finance and development, met last week in London to short-list banks for each of the five categories of awards. For the first time, the awards also highlight regional leadership under the Emerging Markets category. The 2007 nominees are:
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