FT 2006 Sustainable Banking Awards: shortlist

SUSTAINABLE BANK OF THE YEAR

ABN Amro, Netherlands

Leading adopter of Equator Principles.

From carbon to renewables to microfinance – focused on using sustainability as a driver for business growth and asset quality.

HSBC, UK

Leading adopter of Equator Principles.

World’s first major bank to go carbon neutral.

Focused on development of sustainable business opportunities internationally.

Bank Sarasin, Switzerland

Launched first eco-efficiency fund in 1994, leader in the integration of sustainability into asset management good practice.

Provider of high-level sustainability research and advisory services.

WestLB, Germany

Leading adopter of Equator Principles.

Application across range of business lines including project finance, corporate finance and asset management.

Westpac, Australia

Sole Australian signatory to the Equator Principles.

Ranked number one in the global banking sector for the fourth year in a row in the Dow Jones Sustainability Index.

Seventy per cent of top 100 suppliers subjected to sustainable supply chain policy.

EMERGING MARKETS SUSTAINABLE BANK OF THE YEAR

Banco ABN Amro Real, Brazil

Application of sustainability as a business driver across key business lines with 4,280 socio-environmental deals approved in 2005.

Launch of Brazil’s first carbon credit fund.

Leading role in the development of the BOVESPA sustainability index.

Banco Itaú, Brazil

Member of Dow Jones Sustainability Index.

Provided sustainability credit line financing to 2,600 companies.

Launched the Itaú social excellence fund.

Nedbank, South Africa

First African adopter of the Equator Principles.

Range of sustainability initiatives, including Nedbank affinity programmes, microfinance, and Mzansi previously unbanked accounts.

Standard Chartered, UK

Microfinance loans to 4m individuals.

Renewable energy projects with estimated energy footprint of 2,520MW.

Targeting global reduction of 20 per cent in direct emissions

Yes Bank, India

First Indian bank member of UNEP FI.

Strategic commitment to growing portfolio of sustainable businesses, including IT, biotech, pharma, social infrastructure, sustainable livelihoods and agriculture.

SUSTAINABLE DEAL OF THE YEAR

ABN Amro, Netherlands

Creating the world’s first bank-intermediated carbon credit transaction between two private-sector entities – selling Certified Emissions Reductions (CERs) from two small-scale hydro-electric plants in Fiji.

Banco ABN Amro Real, Brazil

Poupança Florestal: Working with Votorantim in Santa Catarina do Sul in Brazil to finance small scale farmers and landless people as long-term suppliers of eucalyptus.

Citigroup, US/Compartamos (paired)

Compartamos: Placing the first ever peso-denominated investment-grade bond for Mexico’s leading microfinance provider, catalysing an expected 60,000 new loans to women micro-entrepreneurs in Mexico.

Deutsche Bank, Germany

The Global Microfinance Consortium: a $75m fund to combine high-risk catalytic development agency resources with the scale and execution efficiency of the private sector.

HSBC, UK

Santiago City: Creating a partnership with Volvo and the city of Santiago to reduce NOx by 40 per cent

Halving the number of city buses, replacing them with high-capacity, low-emissions vehicles.

SUSTAINABLE ENERGY DEAL OF THE YEAR

ABN AMRO, Netherlands/Banco do Brasil (paired)

Osorio: Financing the $230m Osorio project, the largest wind complex in Brazil, with three wind energy parks totalling 150MW of power

Barclays Bank, UK

Dalry Community Wind Farm: Using local community participation to build the local social operating licence for a six-turbine wind farm in Ayrshire, Scotland, powering up to

13,000 homes each year.

Calyon, France

Wilton 10: Re-financing SembCorp Utilities for the development of Wilton 10 – the UK’s first large wood-burning power station, providing 30MW of power and process steam from biomass.

Credit Suisse, Switzerland

Suntech: Pricing and executing the 22-times oversubscribed $455m initial public offering on the NYSE of Suntech – the first major China-based alternative energy company.

WestLB, Germany

The ASA project: US$275m non-recourse construction and project financing for three 100m gallons a year fuel-grade ethanol facilities in Nebraska, Indiana and Ohio. Providing a clean-burning non-carcinogenic fuel oxygenate additive.

BANKERS OF THE YEAR

ABN Amro, Netherlands

Leading the first global bank intermediated carbon credit deal.

Reducing the bank’s internal CO2 footprint with an expected €3.5m annual cost savings by 2008.

Implementing a country-specific social and environmental risk filter (CSERF) across the bank’s key operations.

Calyon, France

Development and implementation by the deal team of a fully decentralised approach for assessing and managing environmental and social risks in project finance.

Citigroup, US

Systematic application of the Equator Principles across key business lines of Citigroup, a global operation with 300,000 employees and 100 countries of operation.

Mizuho, Japan

Pioneering the application of the Equator Principles in the Asia market.

First Japanese adopter, now moving from risk to opportunity with a business strategy targeting greenhouse as emissions reduction.

WestLB, Germany

Applying the risk management expertise of the sustainability management team to differentiate WestLB as mandated lead arranger for complex transactions.