This week, The Financial Times and IFC, a member of the World Bank Group announced the winners of the 2008 FT Sustainable Banking Awards, with Banco Real of Brazil named as Sustainable Bank of the Year and also taking the overall Emerging Markets prize.
Now in their third year, the awards recognise banks and other financial institutions that have shown leadership and innovation in integrating social, environmental and corporate governance considerations into their operations.The programme has grown in popularity and this year’s winners were selected from a record 182 entries from 129 institutions across 54 countries.
Just really proud of Banco Real and its team (congrats to all!!!), and happy for having had a chance to work there!
The experience was beyond enlightening, encouraging, inspiring!
I remember a comment from an international consultant that worked with the sustainability team of Banco Real (ABN at that time), saying that Banco Real is of its own league, thus it's hard to even benchmark it against anyone else as its being benchmark for others!
Of course its not perfect, but the scale of changes made, the challenges taken up and the extent of trying to integrate sustainability into the core business was very encouraging to witness.