Within 6 months of being classified by the UN as the first building material in the world to be eligible for UNFCC carbon credits, Rapidwall’s recognition as one of the most environmentally friendly, innovative and sustainable building materials in the world has continued after being announced the winner for the FT/IFC 2014 Transformational Business Awards in the category of:

Achievement in Project Finance – Construction & Affordable Housing

The FT/IFC Transformational Business Awards, presented in London – June 2014, attracted 237 entries from 214 institutions in 61 countries. The Awards highlighted innovative, commercially viable, and replicable products and services that can create long-term, transformative solutions to development needs in areas such as infrastructure, energy, food and water, affordable housing and health. Other award winners included; JP Morgan Chase, US/Lion’s Head Global Partners and Standard Chartered Bank.

The FT/IFC Transformational Business Awards, presented in London – June 2014, attracted 237 entries from 214 institutions in 61 countries. Featured here are the winners from all award categories.

The award submission by Rapid Building Systems, demonstrated Rapidwall’s ability to convert natural and waste (synthetic) gypsums into water resistant glass re-inforced load bearing wall panels suitable for a broad range of construction applications, in particular the mass housing projects in emerging economies where the demand for housing is growing rapidly.

Co-chair of the awards judging panel and US Managing Editor of the Financial Times, Martin Dickson said “The judges were delighted with the quality of the entries in this inaugural programme. Many of the initiatives highlighted on the short-list were fascinating in their level of innovation and the impact they could have if replicated widely. It was not easy to pick the winners and those that prevailed should be congratulated.”

Martin Dickson, US Managing Editor of the Financial Times and Co-chair 
of the awards judging panel.