Asset owner and manager awards added to FT/IFC Sustainable Finance Awards: March 14 deadline

Organisers say addition reflects growing pressure for ESG in institutional investment.

The International Finance Corporation (IFC), the private financing arm of the World Bank, has added two major awards for Sustainable Asset Owner of the Year and Sustainable Asset Manager of the Year to its Sustainable Finance Awards held jointly with the Financial Times on June 16. The deadline for submissions by asset owners and managers to the awards is March 14th. Hugh Wheelan, Managing Editor of will moderate a panel on private equity investments in emerging markets at a daytime conference before the evening awards. The FT/IFC Sustainable Finance Awards were formerly known as the Sustainable Banking Awards but have widened their categories to include more investment. The organisers said it reflected a major shift taking place across the banking and investment community, which faces growing pressure to incorporate environmental, social and governance (ESG) factors intoall levels of decision-making, from risk management and product design to actual investing and financing. The other main categories in the awards are Sustainable Bank of the Year, Achievement in Basic Needs Financing, and Achievement in Financing at the Base of the Pyramid. The Sustainable Asset Owner of the Year award will reward the institution that has shown innovation or leadership in creating environmental, social and financial value. It is open to all asset owners, including sovereign wealth funds, life insurance firms and pension funds. The Sustainable Asset Manager of the Year award will highlight innovation or leadership in integrating ESG factors into their investment philosophy and approach. It is open to all asset managers (including private and public equity participants) across all asset classes.
Link to conference site
IFC Contact: Miguel Martins