2015 Scottish Heat winners press release

Three Scottish businesses shortlisted for Finance for the Future Awards

Three Scottish based companies have been short-listed as finalists in the 2015 Finance for the Future Awards, following the inaugural Scottish heat of the event, which took place in Edinburgh this week. Edinburgh-based The Gupta Partnership went through in the Innovative New Idea Category; Auchterarder-based building and civil engineering contractors, Castle Group Scotland in the SME category; and The Green Investment Bank, who are head-quartered in Edinburgh, in the Driving Change in Others category.

The three Scottish finalists will be hoping to echo the success of Edinburgh-based eco-packing company, Vegware, who won the SME category in last year’s awards. The awards recognise the role played by the finance profession in helping create sustainable business models and economies. The judges will assess the finalists on 4 September and the winners will be announced at an awards ceremony in London on 8 October.

The Finance for the Future Awards is organised by ICAEW and The Prince’s Accounting for Sustainability Project (A4S) to highlight the importance of embedding sustainability in decision making – and how finance teams contribute to positive long-term environmental, social, economic and financial outcomes. The awards, which are in their fourth year, go beyond traditionally-recognised green issues and corporate responsibility. Instead, they celebrate organisations that put sustainability at the heart of their operations and strategy with leadership and support from the finance team.

Richard Spencer, ICAEW’s Head of Sustainability, who introduced the Edinburgh event, said: “The winners of the inaugural Scottish heat have all shown how committed they are to tackling the social and environmental challenges we face. They have demonstrated their determination to promote sustainability and understand the role that finance function plays in the process. We have reached the point when real changes are needed when it comes to how we do business and these companies have proved that this can be both achievable and beneficial to business. The awards celebrate the companies that lead the way and contribute to achieving the ultimate goal of a sustainable world.”

Jessica Fries, Executive Chairman of The Prince’s Accounting for Sustainability Project (A4S), said: “Leadership and support from the finance team is crucial to ensuring that sustainable policies and practices are embedded throughout an organisation. The finalists highlight the great work being done by finance and accounting professionals in Scotland driving change by creating resilient businesses and contributing to a sustainable future for us all.”  

The companies took part in the inaugural Scottish heat of the awards, which was held at the University of Edinburgh Business School and endorsed by IEMA and ICAS. They will join over twenty other companies from across the UK – and beyond – in the final in London this autumn. 

For more information, visit http://www.financeforthefuture.co.uk/

 

-ENDS-

 

Media enquiries:

Contact Jane Walker; Regional Team, ICAEW Scotland, on 07855 801 337, or email janewalker_copy@hotmail.com

Deborah McSkimming, The Prince's Accounting for Sustainability Project on 07476 147 573 or email deborah.mcskimming@royal.gsx.gov.uk

 

Notes to editors:

ICAEW is a world leading professional membership organisation that promotes, develops and supports over 142,000 chartered accountants worldwide. We provide qualifications and professional development, share our knowledge, insight and technical expertise, and protect the quality and integrity of the accountancy and finance profession.

As leaders in accountancy, finance and business our members have the knowledge, skills and commitment to maintain the highest professional standards and integrity. Together we contribute to the success of individuals, organisations, communities and economies around the world.

Because of us, people can do business with confidence.

ICAEW is a founder member of Chartered Accountants Worldwide and the Global Accounting Alliance.

ICAEW Scotland, has over 1,500 members who live and work in Scotland

 

A4S was established up by HRH The Prince of Wales in 2004 to catalyse action by the finance and accounting and community to support a fundamental shift towards resilient business models and a sustainable economy. 

A4S's work demonstrates the business case for the integration of sustainability into financial decision-making and develops the leadership, systems, tools and guidance required in response. 

Core to A4S's work is its CFO Leadership Network, established in 2013, and its Accounting Bodies Network, the members of which represent over two million accountants globally.