Enhanced Analytics Initiative and Bainbridge Graduate Institute are the winners of the Ceres and Trillium Asset Management Corp.'s inaugural Joan Bavaria Awards for Building Sustainability into the Capital Markets.
EAI, based in London, won a Bavaria award 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, based in Bainbridge Island, Wash., won a Bavaria award 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, assistant comptroller for pension policy in the New York City comptroller's office, which oversees the $127 billion New York City Retirement Systems, said in a statement. Mr. Sylvester was one of the judges.
No prize money comes with the awards, according to Ceres spokesman Peyton Fleming. The awards are named for Ms. Bavaria, a socially responsible investment pioneer who co-founded Trillium, a Boston-based socially responsible investment manager, and Ceres, a Boston-based organization of investors that addresses environmental issues related to corporations.Barry B. Burr
Evaluation Associates LLC, also known as EAI, has no connection to Enhanced Analytics Initiative.