ABN AMRO nominated for Investor Award at The Circulars 2018

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ABN AMRO has been selected as one of the finalists of ‘The Circulars 2018’. The Circulars are awarded to individuals, companies and public and social organisations in recognition for their contributions to the circular economy. The Circulars are an initiative of the World Economic Forum and the Forum of Young Global Leaders, in partnership with Accenture Strategy. ABN AMRO has been nominated for an Investor Award. The winners will be announced on 22 January 2018, at the Annual Meeting of the World Economic Forum in Davos.

‘ABN AMRO is proud to have been nominated for an Investor Award. We’re leading the way in the transition toward a circular economy in the Netherlands, and this nomination recognises that role. We believe that the linear economy is finite, and needs to make way for an economy that’s based on circular models. The emergence of technologies such as the Internet of Things will accelerate this development,’ explains ABN AMRO’s Head of Sector Advisory Sander van Wijk. ‘For the Netherlands to realise its ambition of having an economy that’s wholly circular by 2050, thousands of companies, big and small, will need to adopt new business models. To achieve this, we must we act now, and experiment with new circular models to retain our relevance in an economy where circularity is becoming more and more commonplace.’

ABN AMRO’s nomination for the Investor Awards is based on its clearly defined ambitions to boost the transition toward the circular economy. These ambitions form part of the bank’s strategy, which calls for a minimum of 100 deals across all sectors by 2020, to finance one billion euros in circular operating assets and cut CO2 emissions by one million metric tons. ABN AMRO has developed new financing models to support companies seeking to switch to a circular business model. To this end, the bank has updated its services to accommodate circular income models and the associated risks. It also brings businesses together, acting as a guiding partner and helping Dutch companies to seize the opportunities that the circular economy represents.

Circularity as an operational pillar

ABN AMRO’s place in the finals of The Circulars is recognition of the bank’s efforts to bring about visible and concrete acceleration in the transition toward a more sustainable and circular society. The circular pavilion Circl at the bank’s head office in Amsterdam is an inspiring example, and one that yielded experience with circular building and sustainable use of real estate. The bank will draw on this expertise to advise its clients.

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