2017 finalists press release

Finance for the Future Awards 2017 finalists announced

The finalists for Finance for the Future Awards 2017 have been announced today by the founding organisations, ICAEW and A4S, in partnership with Deloitte. The awards highlight good business practice, by recognising the role of finance in helping to embed sustainability into organisations’ decision making. Now in its sixth year, the awards ceremony will take place on 12 October 2017.

This year, the Finance for the Future Awards have received a record breaking number of entries, seeing a 30% increase from last year. Entries have come from 12 countries from across the world making this a truly global programme. The awards recognise the essential role that finance plays in driving integrated thinking in decision making and in building sustainable business models. Entrants must be able to demonstrate how the role of the finance function and financing is key to building a sustainable organisation – one which delivers long-term financial performance, whilst factoring in environmental economic and social concerns, and generating long-term value for stakeholders.

The 2017 categories and finalists are:

Large business – Recognises businesses with a turnover of more than £100m or more than 1,000 employees:

  • LafargeHolcim (Switzerland)
  • Pladis (UK)
  • TELUS Communications (Canada)

Start-up and growing enterprises – Recognises businesses with a turnover of less than £100m or fewer than 1,000 employees:

  • AEE Power Ventures (Spain)
  • ClearlySo (UK)
  • MEP Werke & Strasser Capital (Germany)
  • UrbanVolt (Ireland)

Public and not-for-profit sectors – Recognises those organisations that are (part of) a government department or local authority, charities or not-for-profit organisations:

  • Finance Alliance for Sustainable Trade (Canada)
  • National Trust (UK)
  • Public Health England (UK)
  • SITAWI (Brazil)
  • University of Cyprus (Cyprus)

Communicating integrated thinking – Recognises organisations that demonstrate a sustainable business model through the use of “integrated thinking” in communications:

  • Anglian Water (UK)
  • British Land (UK)
  • Ferrovial (Spain)
  • Orange Polska (Poland)
  • Philips Lighting (The Netherlands)

Investing and financing – Recognises organisations that advise on financial products and investors whose activity has had sustainable outcomes:

  • Banco Pichincha (Ecuador)
  • Econet Wireless (Zimbabwe)
  • Social Stock Exchange (UK)
  • SyndicateRoom (UK)
  • Turquoise International (UK)

Richard Spencer, Head of Sustainability at ICAEW said: “The finalists have made the shortlist because of their ability to build a sustainable organisation, and keep sustainability at the heart of their operations. This shows dedication to tackling the serious environmental and social issues we face, and shows innovation in finance and accountancy when facing these challenges. The finalists not only deliver real change in their organisations, they are also encouraging others to do the same by leading the way.”

Jessica Fries, Executive Chairman of A4S commented; "Finance leadership requires individuals and organisations to adopt new thinking and approaches in response to the risks and opportunities posed by major social, environmental and economic trends.  The finalists have made it through a rigorous assessment process by demonstrating the kind of innovation and action necessary to position their organisation for current and future success, and to inspire others to act."

Veronica Poole, global IFRS leader and UK head of corporate reporting at Deloitte, said: “This year’s shortlist demonstrates impressive strides by global organisations in achieving sustainable business models. Last year, a new category of communicating integrated thinking was introduced to the awards and attracted excellent entries. Judging and choosing the winner was a real challenge with all competitors not only telling a good integrated story but demonstrating how they live it. It is encouraging to see another year of strong finalists, once again coming from various sectors and different parts of the world.”

For more information, please visit: www.financeforthefuture.org

– ENDS –

Media enquiries:

Contact Natalie Bruce ICAEW Media Relations Executive, tel: +44 (0)20 7920 8718, email: natalie.bruce@icaew.com

Contact Deborah McSkimming, A4S Senior Communications Adviser, +44(0)7391 512090, email: deborah.mcskimming@royal.gsx.gov.uk

Contact Fern Hammond, Deloitte press office, tel: +44 (0)20 7303 2329, email: fhammond@deloitte.co.uk

 

Notes to editors:

About the Finance for the Future Awards

The Finance for the Future Awards were developed by ICAEW and The Prince's Accounting for Sustainability Project (A4S) in 2012 and they jointly run the awards and the Finance for the Future Community.

Entrants are visited by two assessors who then shortlist the finalists invited to attend a judging day for a formal presentation.

The 2017 judging panel includes senior representatives of both co-founders organisations, long-term partner, past winners and experts in their field:

  • Paul Adderley, Managing Director, Beyond Green
  • Andrew Bonfield, Director of Finance, National Grid
  • Ross Campbell, Director, Public Sector ,ICAEW
  • Richard Carter, Head of Finance and Sustainability, Adnams
  • Fong Yee Chan, Senior Product Manager – Sustainable Investment, FTSE Russell
  • Susan Davy, Chief Financial Officer, Pennon Group
  • Paul Druckman, Non-Executive Director, Financial Reporting Council
  • Irene Graham, Chief Executive Officer, ScaleUp Institute
  • Kathryn Haynes, Dean, Hull University Business School
  • Russ Houlden, Chief Financial Officer, United Utilities
  • Emma Howard Boyd, Chair, Environment Agency
  • Leon Kamhi, Head of Responsibility, Hermes Investment Management
  • Doug King, Vice Chairman, Deloitte UK
  • John Lelliott Chair Natural Capital Coalition
  • Charmian Love, Co-Founder and Co-Chair, B Lab UK
  • Baroness Ruby McGregor-Smith CBE    
  • Russell Picot, 2017 Chair of the judging panel
  • Veronica Poole, Global IFRS Leader, Deloitte
  • Jonathan Reid, CFO, Sussex Community NHS Trust
  • Matthew Rideout, Director, Business, ICAEW
  • Helen Slinger, Director, The Prince's Accounting for Sustainability Project
  • Alan Stewart, Chief Finance Officer, Tesco
  • Andrew Wright, Treasurer to Their Royal Highnesses, the Prince of  Wales and the Duchess of Cornwall

ICAEW

ICAEW connects over 147,000 chartered accountants worldwide, providing this community of professionals with the power to build and sustain strong economies.

Training, developing and supporting accountants throughout their career, we ensure that they have the expertise and values to meet the needs of tomorrow’s businesses.

Our profession is right at the heart of the decisions that will define the future, and we contribute by sharing our knowledge, insight and capabilities with others. That way, we can be sure that we are building robust, accountable and fair economies across the globe.

ICAEW is a member of Chartered Accountants Worldwide (CAW), which brings together 11 chartered accountancy bodies, representing over 1.6m members and students globally.

www.icaew.com

 

The Prince of Wales's Accounting for Sustainability Project (A4S)

A4S was established by HRH The Prince of Wales in 2004 to mobilise action and leadership by the finance and accounting community to address the challenges to the economy and society posed by issues such as climate change, increasing depletion of and demand for natural resources, urbanization and inequality. A4S seeks to inspire action by finance leaders to support a fundamental shift towards resilient business models and a sustainable economy.

A4S works with the finance and accounting community to:

  • Inspire finance leaders to adopt sustainable and resilient business models
  • Transform financial decision making to enable an integrated approach, reflective of the opportunities and risks posed by environmental and social issues
  • Scale up action across the global finance and accounting community

A4S has two global networks: the A4S Chief Financial Officers Leadership Network, a group of CFOs from leading companies seeking to transform finance and accounting; and, the Accounting Bodies Network whose members comprise approximately two thirds of the world's accountants.

www.accountingforsustainability.org

 

Deloitte

In this press release Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see About Deloitte to learn more about our global network of member firms.