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Green visions drive forward sustainability

Building on its success in 2012, the Zayed Future Energy Prize, launched in 2008 and managed by Masdar, will award five distinct categories during its 2013 awards ceremony.

CATEGORIES FOR THE PRIZE

Five distinct categories during the 2013 awards ceremony:

Large Corporation: recognition award

Small and Medium Sized Enterprises (SME): 
US$1.5 million

Non-Governmental Organisation (NGO): 
US$1.5 million

Lifetime Achievement Award: US $500,000

Global High School Prize: US$500,000 divided among five regions with each school awarded up to US$100,000 (Africa, Asia, the Americas, Oceania, and Europe).

All categories are assessed on the basis of four key criteria: impact, innovation, leadership and long-term vision.

The award ceremony will take place on January 15, 2013, as part of the Abu Dhabi Sustainability Week.

The initiative represents the vision of the late Shaikh Zayed bin Sultan Al Nahyan, founding father of the UAE, who championed environmental stewardship and sustainability as a fundamental aspect of the UAE’s heritage. The annual award celebrates achievements that reflect impact, innovation, long-term vision and leadership in renewable energy and sustainability.

The Zayed Future Energy Prize has recognised some of the most innovative, visionary leaders in global sustainability. Winners, finalists, and other entrants have made a significant positive impact on the world’s environment with their path-breaking solutions.

In a six-part series, we profile organisations that have shown leadership and long-term vision in championing the cause of renewable energy and sustainability. In this concluding part, we profile the company Build Your Dreams (BYD), which has been nominated in the Large Corporation category.

The China-based company was founded in 1995 with a team of 20 and a capital fund of 2.5 million renminbi, with the Nickel–Cadmium (Ni-Cd) battery as its main product. Build Your Dreams (BYD) has since then grown to become an international company covering IT, auto, and new energy sectors with around 180,000 employees and 11 industrial plants in China. BYD is committed to research and development in battery technology and energy storage and has registered significant success in the electrical vehicles sector.
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