Cornerstone Capital Inc. has been shortlisted as a finalist for the 2014 Finance for the Future Awards in the small and medium-sized business category. The UK-based awards program, which recognises the role of the finance function in creating sustainable business models and economies, will be judged on 5 September. Winners will be announced at an awards ceremony on 14 October in London.
The Finance for the Future Awards, which are in their third year, are organised by ICAEW and The Prince’s Accounting for Sustainability Project (A4S) to highlight the important role that finance teams play in helping businesses achieve positive long-term environmental, social, economic and financial outcomes. The awards go beyond green issues and corporate responsibility and celebrate organisations that are drawing on the leadership and skillset of the finance team to put sustainability at the heart of their operations and strategy, with finance teams key to that change.
Michael Izza, ICAEW’s Chief Executive, said: “Those organisations that have made it to the shortlist have demonstrated a real commitment to sustainability. It has never been more important to take seriously the enormous social and environmental challenges we face. We have gone beyond the stage where small changes and adjustments can solve anything; we need instead a much bigger, transformative vision to re-think how we do business. We believe that the involvement and leadership of the finance function is essential if we are to achieve the goal of a sustainable world. These awards recognise those organisations that are leading the way.”
Jessica Fries, Executive Chairman of The Prince’s Accounting for Sustainability Project (A4S), said: “The finance function plays an integral role in any organisation, providing vital information and analysis to support better strategic and operational decisions. The finance teams from the shortlisted organisations are leading the way in redefining finance for the future – ensuring that material environmental and social impacts, risks and opportunities are properly reflected in decisions taken and playing a core part in ensuring the long-term success of their organisation.”
ICAEW is a founding member of Chartered Accountants Worldwide and the Global Accounting Alliance.
A4S was set up by HRH The Prince of Wales in 2004 to catalyse action by the finance, accounting and investor community to support a fundamental shift towards resilient business models and a sustainable economy.
To learn more about Finance for the Future, visit the awards site.