Target audience
Banks, fintechs, PMs, telcos, retailers, issuers and financial service organisations.
Detailed definition
The Best ESG Initiative in Payments category is open to organisations that have successfully embedded ESG improvements into their strategy and are making a substantial positive impact on the environment, social and corporate governance. This award is not for a one-off initiative and aims to look at long-term ESG strategic improvements.
The award is given to a project that can demonstrate a clear and effective embedded ESG strategy. Judges will be looking for a clear explanation of the strategy, how it is being lived out, and its near and long-term objectives.
Judges will be looking for how the ESG strategy is aligning with UN Sustainable Development Goals, as well as how the ESG strategy is aligning with stakeholders close to the organisation or in the organisation’s immediate community.
The entry should focus on a case study as part of the ESG strategy and the results achieved with the aid of a specific technology/service so it is a submission driven by a use case.
Initiatives must be live and out of the test phase at the time of submission.
The initiative may be running in any country/countries.
Please provide the following information:
Nominee and nominator
- Name of nominating organisation
- Solution/Initiative name (entry title)
- Name(s) of nominated organisation(s)
- The nature of the business relationship between you as the nominator and the nominee company
Solution description
The judges will assess your entry against the following criteria. You are free to describe the programme and support your case with additional material as you think appropriate. However, we strongly suggest NOT to submit generic promotional material and sales brochures. Please limit your submission to a maximum of 1,500 words.
The criteria are:
- The initiative must be reflective of your environmental, social and governance (ESG) strategy – strategic intent. For the avoidance of doubt, this includes equality, equity, diversity and inclusion
- How the initiative aligns to the UN Sustainable Development Goals
- The initiative demonstrates and provides evidence of impact metrics relating to the E, S or G in ESG, where applicable
- The initiative is truly innovative and has performed well and the submission is supported with quantitative evidence of success from a reliable source
- The initiative stands out from its competition or through its innovation
Evidence of success/metrics
Please provide as much information as you can and quote the source of that information. Such information might include the following, but this is not an exhaustive list and in each case the judges will be looking for evidence that supports your claims about the key benefits of the programme:
- How the initiative is embedded in the strategy
- Measurements: How is it being measured?
- Impacts: Please demonstrate the impact, number of users, recipients, experiences, data, etc.
- How has this transformed the user experience?
