Enhanced Analytics Initiative and Bainbridge Graduate Institute are the winners of Ceres and Trillium Asset Managements inaugural Joan Bavaria Awards for Building Sustainability into the Capital Markets.
EAI won for impact for bringing together an international group of 30 pension funds, money managers and other institutional investors to encourage investment research that considers the impact of environmental and social factors on long-term company performance. Bainbridge won for innovation for offering an MBA in sustainable business, integrating social and environmental responsibility across its graduate business curriculum.
In distinct, yet equally important ways, both EAI and BGI are building the infrastructure for integrating sustainability into the capital markets and corporate world, Ken Sylvester, one of the award judges, said in a statement. He is assistant comptroller for pension policy in the New York City comptrollers office, which oversees the $127 billion New York City Retirement Systems.
Ceres, an organization composed of investors that addresses environmental issues related to corporations, and Trillium, a socially responsible investment manager, plan to present the awardsannually. The awards are named for Ms. Bavaria, a socially responsible investment pioneer who co-founded Trillium and Ceres.
Nominations for the 2009 Bavaria Awards are being accepted at http://www.ceres.org/bavaria_awards.
Evaluation Associates LLC, also known as EAI, has no connection to Enhanced Analytics Initiative.