PACIFIC BASIN ECONOMIC COUNCIL
MAIN PAGE | EVENTS & PROGRAMS | 2002 | ENVIRONMENTAL AWARD | JUDGING CRITERIA

4th PBEC Environmental Award Judging Criteria After entries for the PBEC Environmental Award are reviewed by the PBEC International Secretariat and the Environmental Working Committee, winners are determined by an international panel of distinguished judges. The judges select the award recipients based upon preestablished judging criteria. This criteria reflects what PBEC believes to be the heart of the issues in the relationship between the environment and economics. The Award is based upon four key areas of judgement: Conservation Benefits, Business Benefits, Beneficial Uses of Technology and Managerial Innovations. Each category is weighted as indicated below. To insure transparency and best practices, the same criteria is adhered to every year. 1. CONSERVATION BENEFITS Weight: 35% Project’s impact on fostering environmental stewardship through the conservation of ecosystems, reduction in waste products, reuse of waste products, protection of wildlife and physical sites, and/or development of long-range land use practices and implementation of sustainable development techniques that reduce environmental stress and loss of assets. 2. BUSINESS BENEFITS Weight: 35% Project’s positive impact on profitability, competitive advantages, and increased core competencies of PBEC member company. 3. BENEFICIAL USES OF TECHNOLOGY Weight: 15% Project’s use of, or development of, technology that supports conservation, hazards management, biodiversity management, and/or advances scientific knowledge beneficial to the environment. This includes, but is not limited to, technology that abates contaminants or mitigates hazards, which impact human populations and ecosystems. 4. MANAGERIAL INNOVATIONS Weight: 15% Project’s development or use of new environmental management techniques or methods. This includes, but is not limited to: innovative land-use policies and land-use planning; managerial techniques for sustainable development; new financing programs that encourage conservation; compatible development; and sustainable communities.