16 banks shortlisted for Financial Times & IFC "sustainable banking" awards: ABN Amro in all 5 categories

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19 May 2006

Complaint Against Calyon over Controversial Uruguayan Papermills could Frustrate Financial Times Sustainability Prize

Author: Center for Human Rights and Environment (CEDHA)

The Financial Times published a few days ago a short-list of international financial institutions under consideration for their new “Sustainable Banking Awards”. Amongst the pre-selected candidates of over 90 submissions, Calyon is one of five banks in consideration for the category: “Sustainable Banker of the Year”. Calyon, a French-based subsidiary of Crédit Agricole is slated to replace ING Group of the Netherlands as lead arranger of one of the controversial papermill investments taking place in Uruguay. Yesterday, 9 civil society organizations from around the world, filed a complaint against Calyon precisely for violations of environmental and social safeguards in the papermill project.

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18 May 2006

Shortlist unveiled for sustainable banking awards

Author: Environmental Finance

ABN Amro has been short-listed for every category of the Financial Times' sustainable banking awards. The most sustainable banks from around the world are to be singled out for recognition by this new programme of awards, launched by the Financial Times in association with the International Finance Corporation, the private sector arm of the World Bank. [Banks shortlisted in one or more of the 5 categories "Sustainable Bank of the Year", "Emerging Markets"; "Sustainable bankers"; "Sustainable deal"; "Sustainable Energy Finance Deal": ABN Amro, Bank Sarasin, HSBC, WestLB, Westpac, Banco ABN Amro Real, Banco Itau, Nedbank, Standard Chartered, Yes Bank, Calyon (part of Credit Agricole), Citigroup, Mizuho, WestLB, Citigroup, US/Financiera Compartamos, Deutsche Bank, HSBC, Barclays Bank, Credit Suisse]

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1 May 2006

[Financial Times website]: "Sustainable Banking Awards"

Author: Financial Times

The [Sustainable Banking] awards — created with International Finance Corporation to recognise banks that have shown leadership and innovation in integrating social, environmental and corporate governance objectives into their operations — have surpassed expectations in their inaugural year.

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