Photo: © ToughStuff International, a WBDA 2012 Winner. ToughStuff radio connectors replace D-Cell batteries in mobile phones and other small appliances
World Business and Development Awards:2012 winners
Eleven companies received today the 2012 World Business and Development Awards (WBDA) for their efforts to improve living standards in some of the world’s most disadvantaged communities. Winners were recognized at a ceremony concluding the Business Action for Sustainable Development Business Day taking place during the UN Conference on Sustainable Development (Rio+20).
The Awards recognize innovative business models that deliver both commercial success and help improve social, economic or environmental conditions—otherwise known as inclusive business models—with winning companies engaged in diverse initiatives such as providing affordable clean energy to low-income communities in Kenya and boosting reforestation in India to providing micro-credit in Brazil.
A panel composed of nine independent judges selected the winning initiatives. The 2012 Awards attracted 115 applications from 38 countries.
The 11 winners of the 2012 World Business and Development Awards are:
Small- and medium-sized enterprise 2012 category:
Bright Generation Community Foundation: Ghana Bamboo Bikes Initiative, Ghana
Dream Light Solid Waste Cleaning and Recycling, Ethiopia
Eight19: IndiGo, United Kingdom
Sproxil®, Mobile Product Authentication™, United States
Large organization 2012 category:
Blue Skies: Joint Effort Enterprise, United Kingdom
ITC: Social and Farm Forestry Programmes, India
Nestlé: The Nescafe Plan: Nestlé’s Visionary Coffee Development, China
Unilever, United Kingdom
Winner of the special Brazil-based company category in honour of the Rio+20 host country:
Itaú Unibanco S.A, Itaú Microcredit, Brazil
The 2012 Awards have been awarded explicitly to companies delivering inclusive business models: sustainable, commercially-viable business initiatives that expand access for low-income people to goods and services, or improve their livelihoods by engagement in the business process as direct employees, suppliers or distributors, while also generating sales and profit growth.
Judges also highly commended (in alphabetical order):
BILT (Ballarpur Industries), India
Doi Chaang Coffee Company, Canada
EcoEnterprises Capital Group, LLC,
OSRAM AG, Germany
Simpa Networks, USA
Small- and Medium-Scale
Entrepreneurship Fundamentals Foundation (SMEFUNDS), Nigeria
The Amiran Farmer’s Kit, Kenya
The Procter & Gamble Company,
The Ranger Production Company,
Details at www.worldbusinessawards.net