PRESS RELEASE: Global Finance Announces the Sustainable Finance Awards Regional Winners for 2025

Global Finance has announced the winners of its fifth annual Sustainable Finance Awards, honoring achievements in 2025. Winners across multiple regional categories are presented here. Honorees have also been chosen in global categories and in 53 countries, territories and districts. These awards are listed in separate press releases available on GFMag.com. 

A full report on Global Finance’s Sustainable Finance Awards 2025 will be published in the March print and digital editions as well as online at GFMag.com. Winners will be honored at Global Finance’s Investment Bank and Sustainable Finance Awards Ceremony on May 13 at London’s iconic Searcy’s at the Gherkin.

This awards program recognizes global, regional and local leadership in Sustainable Finance—funding for initiatives designed to mitigate the negative impacts of climate change and help build a more sustainable future for humanity.

Winners have been chosen in areas such as overall sustainability financing, excellence in bond issues, community support, resource management, transparency and reporting, infrastructure and emerging-markets sustainability funding.

“Sustainable finance continues to demonstrate remarkable growth. However, challenges like greenwashing, inconsistent regulatory standards, and limited data transparency remain significant barriers to fully embedding sustainability into mainstream financial systems,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Global Finance’s Sustainable Finance Awards recognize financial institutions that excel in supporting a comprehensive range of initiatives essential for a sustainable future while demonstrating creativity in addressing long-term challenges.”

Regional winners were chosen by the editors of Global Finance, based on entries, which were required for consideration, as well as independent research. Criteria for evaluation included governance policies and goals as well as measurable achievements in environmental and social sustainability financing. This awards program focuses on activities from January 2024 to December 2024.

Global Finance’s awards and recognition programs are the trusted standard of excellence for the financial industry. They are backed by a 38-year history of editorial accuracy and integrity. Global Finance’s corporate and financial audience relies on these awards because they are credible, reliable and have stood the test of time.

The list of winners of Global Finance’s Sustainable Finance Awards Regional Honorees for 2025 follows.

Country, Territory and District Award Winners

AFRICA

Best Bank for Sustainable FinanceStandard Bank Group
Sustainable Finance Deal of the YearAbsa (Developing African Capital Markets w/ the Tanga Water Infrastructure Green Revenue Bond)
Best Impact Investing SolutionAbsa
Best Bank for Sustainable Infrastructure/Project
Finance
Rand Merchant Bank
Best Bank for Sustainable Financing in Emerging
Markets
CIB
Best Bank for Green BondsRand Merchant Bank
Best Bank for Social BondsRand Merchant Bank
Best Bank for Sustainable BondsSociete Generale Madagasikara
Best Bank for Sustaining CommunitiesSociete Generale Madagasikara
Best Bank for ESG-Related LoansStandard Bank
Best Bank for Sustainability TransparencyCIB
Best Bank for Transition/Sustainability Linked LoansStandard Bank

ASIA-PACIFIC

Best Bank for Sustainable FinanceDBS
Sustainable Finance Deal of the YearCTBC (Project Trinity/Offshore Wind)
Best Platform/Technology Facilitating Sustainable
Finance (Non-Bank)
Central China Depository & Clearing Co
Best Bank for Sustainable Infrastructure/Project
Finance
Societe Generale
Best Bank for Sustainable Financing in Emerging
Markets
Maybank
Best Bank for Green BondsBank of China
Best Bank for Social BondsIndustrial Bank of Korea
Best Bank for Sustainable BondsBPI
Best Bank for Sustaining CommunitiesBPI
Best Bank for ESG-Related LoansDBS
Best Bank for Sustainability TransparencyMaybank
Best Bank for Transition/Sustainability Linked LoansDBS

CENTRAL & EASTERN EUROPE

Best Bank for Sustainable FinanceOTP Bank
Sustainable Finance Deal of the YearAkbank ($500M Sustainability Senior Unsecured Eurobond)
Best Impact Investing SolutionIsbank
Circular Economy Commitment AwardVUB Ban
Best Bank for Sustainable Infrastructure/Project
Finance
Akbank
Best Bank for Sustainable Financing in Emerging
Markets
Akbank
Best Development Bank for Sustainable FinanceDevelopment and Investment Bank of Türkiye
Best Bank for Green BondsRaiffeisen Bank International
Best Bank for Social BondsAkbank
Best Bank for Sustainable BondsRaiffeisen Bank International
Best Bank for Sustaining CommunitiesAkbank
Best Bank for ESG-Related LoansRaiffeisen Bank International
Best Bank for Sustainability TransparencyRaiffeisen Bank International
Best Bank for Transition/Sustainability Linked LoansOTP Bank

LATIN AMERICA

Best Bank for Sustainable FinanceBTG Pactual
Sustainable Finance Deal of the YearBTG Pactual (Águas do Rio SPT “Saneamento para Todos” financing conclusion)
Best Impact Investing SolutionBTG Pactual
Circular Economy Commitment AwardBTG Pactual
Best Bank for Sustainable Infrastructure/Project
Finance
Scotiabank
Best Bank for Sustainable Financing in Emerging
Markets
Itaú BBA
Best Bank for Green BondsBradesco BBI
Best Bank for Social BondsBradesco BBI
Best Bank for Sustainable BondsBradesco BBI
Best Bank for Sustaining CommunitiesBTG Pactual
Best Bank for ESG-Related LoansItaú BBA
Best Bank for Sustainability TransparencyScotiabank
Best Bank for Transition/Sustainability Linked LoansItaú BBA

MIDDLE EAST

Best Bank for Sustainable FinanceFirst Abu Dhabi Bank (FAB)
Sustainable Finance Deal of the YearQNB Group (Sovereign USD 2.5B Green Bond)
Best Impact Investing SolutionEmirates NBD Capital
Best Bank for Sustainable Infrastructure/Project
Finance
QNB Group
Best Bank for Sustainable Financing in Emerging
Markets
QNB Group
Best Bank for Green BondsQNB Group
Best Bank for Social BondsArab Bank
Best Bank for Sustainable BondsQNB Group
Best Bank for Sustaining CommunitiesBoursa Kuwait
Best Bank for ESG-Related LoansQNB Group
Best Bank for Sustainability TransparencyQNB Group
Best Bank for Transition/Sustainability Linked LoansQNB Group

NORTH AMERICA

Best Bank for Sustainable FinanceBank of America
Sustainable Finance Deal of the YearSumitomo Mitsui BC (Dow Chemical Company’s inaugural green bond issuance)
Best Impact Investing SolutionBank of America
Best Bank for Sustainable Infrastructure/Project
Finance
Scotiabank
Best Bank for Sustainable Financing in Emerging
Markets
Scotiabank
Best Bank for Green BondsCIBC
Best Bank for Social BondsScotiabank
Best Bank for Sustainable BondsScotiabank
Best Bank for Sustaining CommunitiesCIBC
Best Bank for ESG-Related LoansSumitomo Mitsui BC
Best Bank for Sustainability TransparencyScotiabank
Best Bank for Transition/Sustainability Linked LoansScotiabank

WESTERN EUROPE

Best Bank for Sustainable FinanceSociete Generale
Sustainable Finance Deal of the YearNordea (Valmet’s inaugural USD 205M green bond)
Best Impact Investing SolutionSociete Generale
Circular Economy Comittment AwardNordea
Best Bank for Sustainable Infrastructure/Project
Finance
ING
Best Bank for Sustainable Financing in Emerging
Markets
Societe Generale
Best Bank for Green BondsNordea
Best Bank for Social BondsCaixaBank
Best Bank for Sustainable BondsSociete Generale
Best Bank for Sustaining CommunitiesCaixaBank
Best Bank for ESG-Related LoansING
Best Bank for Sustainability TransparencyLGT
Best Bank for Transition/Sustainability Linked LoansNordea

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For editorial information, please contact Andrea Fiano, editor, afiano@gfmag.com

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 188 countries, territories and districts. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

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