The Secretary of State for Finance, Trade and Investment, Mr Patrick Payet, is the recipient of the 2019 Best Sustainable Finance Solution Award at this year’s Treasury Today’s Adam Smith Awards. SS Payet accepted the award along with other Overall and Highly Commended Category Winners during the celebratory Adam Smith Awards Gala Presentation, held yesterday, 20 June, at the prestigious Plaisterers’ Hall in London.

Best Sustainable Finance Solution is a new category for the 2019 Adam Smith Award that recognises the steps companies and organisations are taking to address the environmental, social and governance (ESG) issues when arranging finance. Solutions could include sustainable funds, green bonds, impact investing, active ownership and credits for sustainable projects. Finance related to the mitigation of and adaptation to climate change also qualify.

SS Payet received the award in recognition of his efforts leading to the issuance of the world’s first sovereign ‘blue bonds’ last year, and establishing a framework for their issuance.

President Danny Faure has congratulated SS Payet for winning the award and said Seychelles is honoured to celebrate this accomplishment which not only raises the Seychelles flag in a new sphere, but reflects the continuous hard work and devotion of public servants.

The Adam Smith Award is a universally recognised award as the ultimate industry benchmark for corporate treasury achievement and showcases the successes of Treasurers, CFOs, Finance Directors and their teams in placing corporate treasury in the spotlight.

This year, Treasury Today received a record-breaking 244 nominations from a diverse universe in terms of geography, company size and industry sector, with over 30 countries represented.

Competition for these coveted awards is extremely strong and the winners had to demonstrate exceptional best practice, innovation, collaboration, creativity, teamwork and determination in order to be recognised.

Editor’s Note:

For more information about the award, click here: https://treasurytoday.com/adam-smith-awards