Innovative project


Entry criteria

This award recognises innovative projects that have the potential to transform an organisation into a more sustainable one and/or the wider society. The role of the finance function must have been key to the project and those involved should be able to speak about their role during the assessment and judging processes.

This award is open to all organisations.

The entry can be for a particular project (i.e. product, activity, strategy, service, idea or concept) that is, or will be, embedded across the organisation.

Organisations may have worked with external advisors in order to deliver the project. We welcome joint entries in these circumstances.

Examples can include, but are not limited to:

  • Use of technology to deliver more sustainable business practices.
  • Developing products and/or services to address specific issues e.g. financial or social inclusion.
  • Developing a new methodology to measure social or environmental impacts and independencies with the aim of enhancing sustainability and business performance.
  • Developing a new product offering that helps improve business performance and environmental or social outcomes.

In all cases, it is expected that the project is, or has the potential to be, financially significant to the organisation as a whole, or reflects an approach that is or could be integrated across all initiatives, products and services. 
 

The entrant must demonstrate that:

  • The project has achieved, or has the ability to achieve, long-term financial performance while operating within environmental constraints and/or generating positive value for society.
  • The outcomes would not have been achieved without the involvement of the finance function.
  • The project is either of a financially significant size to the organisation OR is a pilot which, if successful, may be scaled up.
  • The project is core to the activities of the organisation.

Please ensure you have reviewed and understood the Conditions of Entry before submitting your entry.

If you have any queries about the categories or awards process, please contact our Awards Manager at info@financeforthefuture.org

Entries for the 2018 Finance for the Future Awards have now closed. This year’s finalists will be announced in August.

Resources

Please see below links to previous awards winners and highly commended projects or initiatives. In considering these, please note that categories in previous years were different from this year’s categories and that projects were considered innovative at the time of the attribution of those awards.

Large business category

  • 2017 winner’s case study: Basing a Work Styles programme around how and where its employees want to work, TELUS Communications introduced the concept of moving information and ideas rather than vehicles.

Start-up and growing enterprises category

  • 2015 highly commended case study: Adnams’ finance team went one stage further and developed a carbon footprint for every beer it produced, which helped them to improve their sustainability and identify cost savings.
     
  • 2014 winner’s case study: Vegware invested in R&D to create new products that would reduce both costs and food packaging waste.

Public and not for profit sectors category

Innovative idea category

  • 2015 winner’s case study: bio-bean demonstrated their technology’s potential to help build a circular economy by turning coffee waste into bio-fuel.

Driving change in others category

  • 2015 winner’s case study: The Carbon Tracker Initiative catalysed changes with the finance and accounting community towards a more sustainable economy.