Global Finance has announced its selections for the fourth annual Sustainable Finance Awards for 2024. Winners have been chosen across multiple global and regional categories as well as in 53 countries, territories & districts.
A full report on Global Finance’s Sustainable Finance Awards 2024 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 in London. Date and venue TBA.
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.
Global and regional winners have been chosen in areas such as overall sustainability financing, excellence in bond issues, community support, resource management, transparency & reporting, infrastructure and emerging-markets sustainability funding.
All 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 2023 to December 2023.
“Climate change concerns, regulations and increasing investor awareness have ensured growing demand for sustainable investments,” said Global Finance founder and editorial director Joseph Giarraputo. “Innovations in clean technologies, green finance instruments, and data analytics are also making sustainable finance more attractive and accessible, creating new market opportunities for banks.”
Global Finance’s awards and recognition programs are the trusted standard of excellence for the financial industry. They are backed by a 37-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 Global Finance’s Sustainable Finance Awards 2024 follows.
For editorial information, please contact Andrea Fiano, editor, afiano@gfmag.com
GLOBAL AWARDS
Best Bank for Sustainable Finance
Societe Generale
Best Bank for Green Bonds
CIBC
Best Bank for Social Bonds
DBS
Best Bank for Sustainable Bonds
CIBC
Best Bank for Sustaining Communities
CaixaBank
Best Bank for Sustainability Transparency
OTP Bank
Best Bank for Sustainable Infrastructure Finance
ING
Best Bank for Sustainable Project Finance
Societe Generale
Best Bank for Sustainable Financing in Emerging Markets
Scotiabank
Best Bank for Transition/Sustainability Linked Loans
Bradesco BBI
Best Bank for Transition/Sustainability Linked Bonds
Nordea
Best Bank for ESG-Related Loans
Industrial Bank of Korea
Best Multilateral Institution for Sustainable Finance
IFC
REGIONAL AWARDS – AFRICA
Best Bank for Sustainable Finance
Societe Generale
Best Bank for Sustaining Communities
Societe Generale Madagasikara
Best Bank for Sustainability Transparency
Absa
Best Bank for Sustainable Infrastructure Finance
Standard Bank
Best Bank for Sustainable Project Finance
Standard Bank
Best Bank for Sustainable Financing in Emerging Markets
CIB
Best Bank for Green Bonds
Nedbank
Best Bank for Social Bonds
IFC
Best Bank for Sustainable Bonds
Absa
Best Bank for Transition/Sustainability Linked Bonds
Rand Merchant Bank
Best Bank for Transition/Sustainability Linked Loans
Standard Bank
Best Bank for ESG-Related Loans
Standard Bank
REGIONAL AWARDS – ASIA-PACIFIC
Best Bank for Sustainable Finance
DBS
Best Bank for Sustaining Communities
BPI
Best Bank for Sustainability Transparency
DBS
Best Bank for Sustainable Infrastructure Finance
Bank of China
Best Bank for Sustainable Project Finance
CTBC Taiwan
Best Bank for Sustainable Financing in Emerging Markets
DBS
Best Bank for Green Bonds
Bangkok Bank
Best Bank for Social Bonds
Industrial Bank of Korea
Best Bank for Sustainable Bonds
Bank of China
Best Bank for Transition/Sustainability Linked Bonds
Bank of China
Best Bank for Transition/Sustainability Linked Loans
ING
Best Bank for ESG-Related Loans
Industrial Bank of Korea
REGIONAL AWARDS – CENTRAL AND EASTERN EUROPE
Best Bank for Sustainable Finance
Bank Pekao
Best Bank for Sustaining Communities
IsBank
Best Bank for Sustainability Transparency
OTP Bank
Best Bank for Sustainable Infrastructure Finance
Akbank
Best Bank for Sustainable Project Finance
OTP Bank
Best Bank for Sustainable Financing in Emerging Markets
OTP Bank
Best Bank for Green Bonds
Bank Pekao
Best Bank for Social Bonds
Akbank
Best Bank for Sustainable Bonds
Raiffeisen Bank International
Best Bank for Transition/Sustainability Linked Bonds
Bank Pekao
Best Bank for Transition/Sustainability Linked Loans
Akbank
Best Bank for ESG-Related Loans
OTP Bank
Best Development Bank for Sustainable Finance
Development and Investment Bank of Türkiye
REGIONAL AWARDS – LATIN AMERICA
Best Bank for Sustainable Finance
BTG Pactual
Best Bank for Sustaining Communities
BTG Pactual
Best Bank for Sustainability Transparency
Banco do Brasil
Best Bank for Sustainable Infrastructure Finance
Itaú BBA
Best Bank for Sustainable Project Finance
Bradesco BBI
Best Bank for Sustainable Financing in Emerging Markets
BTG Pactual
Best Bank for Green Bonds
BBVA
Best Bank for Social Bonds
Bradesco BBI
Best Bank for Sustainable Bonds
Itaú BBA
Best Bank for Transition/Sustainability Linked Bonds
Bradesco BBI
Best Bank for Transition/Sustainability Linked Loans
Scotiabank
Best Bank for ESG-Related Loans
Scotiabank
REGIONAL AWARDS – MIDDLE EAST
Best Bank for Sustainable Finance
QNB Group
Best Bank for Sustaining Communities
Arab Bank
Best for Sustainability Transparency
Boursa Kuwait
Best Bank for Sustainable Infrastructure Finance
SAB
Best Bank for Sustainable Project Finance
QNB Group
Best Bank for Sustainable Financing in Emerging Markets
QNB Group
Best Bank for Green Bonds
QNB Group
Best Bank for Sustainable Bonds
Emirates NBD Capital
Best Bank for Social Bonds
First Abu Dhabi Bank
Best Bank for Transition/Sustainability Linked Bonds
Abu Dhabi Islamic Bank
Best Bank for Transition/Sustainability Linked Loans
First Abu Dhabi Bank
Best Bank for ESG-Related Loans
National Bank of Kuwait
REGIONAL AWARDS – NORTH AMERICA
Best Bank for Sustainable Finance
Scotiabank
Best Bank for Sustainability Transparency
Scotiabank
Best Bank for Sustainable Infrastructure Finance
CIBC
Best Bank for Sustainable Project Finance
CIBC
Best Bank for Sustainable Financing in Emerging Markets
Scotiabank
Best Bank for Green Bonds
CIBC
Best Bank for Social Bonds
Scotiabank
Best Bank for Sustainable Bonds
CIBC
Best Bank for Transition/Sustainability Linked Bonds
Scotiabank
Best Bank for Transition/Sustainability Linked Loans
CIBC
Best Bank for ESG-Related Loans
Scotiabank
REGIONAL AWARDS – WESTERN EUROPE
Best Bank for Sustainable Finance
CaixaBank
Best Bank for Sustaining Communities
CaixaBank
Best Bank for Sustainability Transparency
LGT
Best Bank for Sustainable Infrastructure Finance
ING
Best Bank for Sustainable Project Finance
ING
Best Bank for Sustainable Financing in Emerging Markets
Societe Generale
Best Bank for Green Bonds
ING
Best Bank for Social Bonds
CaixaBank
Best Bank for Sustainable Bonds
Societe Generale
Best Bank for Transition/Sustainability Linked Bonds
Societe Generale
Best Bank for Transition/Sustainability Linked Loans
Nordea
Best Bank for ESG-Related Loans
CaixaBank
COUNTRY, TERRITORY & DISTRICT AWARDS
AFRICA
Egypt
CIB
Ghana
Ecobank
Kenya
Absa
Nigeria
Access Bank
South Africa
Nedbank
ASIA-PACIFIC
China
DBS
Hong Kong
OCBC
India
DBS
Indonesia
Bank Rakyat Indonesia
Japan
MUFG
Malaysia
OCBC Malaysia
Philippines
BPI
Singapore
DBS
South Korea
Industrial Bank of Korea
Taiwan
DBS
Thailand
Bangkok Bank
Vietnam
SHB
CENTRAL AND EASTERN EUROPE
Armenia
Ameriabank
Czech Republic
CSOB
Hungary
OTP Bank
Poland
Bank Pekao
Slovakia
VUB Banka
Turkey
Akbank
LATIN AMERICA
Brazil
BTG Pactual
Chile
Scotiabank
Colombia
Bancolombia
Dominican Republic
Banco Popular Dominicano
Ecuador
Produbanco
Mexico
Citibanamex
MIDDLE EAST
Bahrain
National Bank of Bahrain
Jordan
Arab Bank
Kuwait
Kuwait Finance House
Qatar
QNB Group
Saudi Arabia
SAB
UAE
First Abu Dhabi Bank
NORTH AMERICA
Canada
Scotiabank
United States
Bank of America
WESTERN EUROPE
Austria
Erste Bank
Belgium
KBC Group
Denmark
Nordea
Finland
Nordea
France
BNP Paribas
Germany
Commerzbank
Greece
Eurobank
Italy
Mediobanca
Luxembourg
Spuerkeess
Netherlands
ING
Norway
Nordea
Portugal
Millennium BCP
Spain
BBVA
Sweden
Nordea
Switzerland
UBS
United Kingdom
NatWest
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About Global Finance
Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories. 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 37 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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