Awards Criteria

FT/IFC TRANSFORMATIONAL BUSINESS AWARDS 2019

INN

OV

AT

ION

SC

ALA

BIL

ITY

IMPA

CT

S

LEVEL 1Business As Usual

LEVEL 2Adequate

LEVEL 3Commendable

LEVEL 4Notable

LEVEL 5Transformational

Business Model Approach Proven approach Best practice in existing marketsInnovative approach within country context

Innovative approach within regional context

Transformative initiative

Market InnovationExisting products or services to existing markets

New products and services to existing markets

New products and services to new domestic markets

New products or services to new regional markets

Transformative products or services to new markets

Financial Structure Proven structure Best practice in existing marketsInnovative approach within country context

Innovative approach within regional context

International groundbreaking structure

Approach to Diversity and Inclusion

Proven approach Best practice in existing marketsInnovative approach within country context

Innovative approach within regional context

International groundbreaking structure

Environmental Impacts & Benefi tsNo environmental benefi ts, potential negative impacts

No signifi cant environmental benefi ts

Limited environmental benefi tsSignifi cant environmental benefi ts and mitigation of material impacts

Exceptional environmental benefi ts and full mitigation of material impacts

Social Impacts & Benefi tsNo social benefi ts, potential negative impacts

No signifi cant social benefi ts Limited social benefi tsSignifi cant social benefi ts and mitigation of material impacts

Exceptional social benefi ts and full mitigation of material impacts

Economic Impacts & Benefi ts Negative economic returns Variable economic returns Stable economic returns

Signifi cant economic returns, demonstrate potential for exceptional returns in the medium/long-term

Exponential economic returns

Potential for Scalabilityand Replicability

Not scalable or replicable without loss of benefi ts

Limited replicability, loss of benefi ts in scaling up

Limited replicabilityPractice likely to be replicated within market segment, increased benefi ts in scaling up

Practice likely to be replicated as a new international standard, signifi cant benefi ts increase in scaling up

Financial Sustainability Negative fi nancial returns Variable fi nancial returns Stable fi nancial returns

Signifi cant fi nancial returns, demonstrated potential for exceptional returns in the medium/long term

Exceptional fi nancial returns