The Financial Times and IFC, a member of the World Bank Group, announced on June 16 the winners of the 2011 FT/IFC Sustainable Finance Awards, with Storebrand of Norway wining the award for Sustainable Asset Owner of the Year.

The FT/IFC Sustainable Finance Awards, the major global awards for environmentally and socially responsible banking and investment, attracted a record 187 entries from 161 institutions in 61 countries in 2011.

"The FT/IFC Sustainable Finance Awards highlight how financial institutions create shared value that benefits both shareholders and society," said IFC Executive Vice President and CEO Lars Thunell. "This year we are also recognizing how sustainable finance, notably pension funds and private equity, is supporting small and medium-sized enterprises, a key source of job creation and economic growth in most countries".