IMD-Pictet Sustainability in Family Business Award
Celebrating commitment to sustainability by family businesses
The IMD-Pictet Sustainability in Family Business Award rewards family-owned enterprises that are leaders in sustainability, demonstrating exceptional breadth and depth in their sustainability strategy with exemplary implementation and impact.
Criteria & process
The award celebrates family-owned businesses that are leaders in sustainability, with a specific focus on both breadth and depth in strategy, initiatives, impact, implementation, and stakeholder engagement.
The eligibility criteria are:
- Second generation or older
- Business operates in at least two countries
- Has a turnover of at least USD 200 million
Companies involved in industries such as weapons, hazardous materials, or tobacco are not eligible.
Award process
Award Prizes
A trophy crafted by Chopard and complimentary seats on our IMD Family Business Programs are awarded to the winner and finalists. A case study and articles about the winning family business are published by IMD’s Award Director Professor Sameh Abadir and the award research team.
Symbolizing the extension of the totem pole linking heaven and earth, the award trophy is crafted by Chopard, a family-run business and expert in watches and jewelry. It is made from recycled materials in the shape of the leaf of a tree and designed as a further development to the IMD Global Family Business Award trophy.
Jury
The jury is composed of members of globally leading family businesses and senior experts within the field of sustainability and/or family business.
Responsibility, authority and compensation
- Full confidentiality applies at all times for all Award activities and communications
- Jury members receive an extensive report on finalists which they are asked to read to prepare for the annual jury meeting and anonymous online vote.
- There is no compensation for time or other expenses.
Get to know the voting members of the jury, displayed in alphabetical order
Discover our non-voting members, presented in alphabetical order