Vegware has been shortlisted as a finalist for the 2014 Finance for the Future Awards in the SME category.
The awards, which recognise the role of finance in creating sustainable business models and economies, will be judged on September 5 with the winner announced on October 14.
They are in their third year and are organised by The Institute of Chartered Accountants in England and Wales (ICAEW) and The Prince’s Accounting for Sustainability Project (A4S).
Vegware’s catering disposables are made from recycled and sustainably sourced eco materials and are compostable so can be recycled after use.
Run from its Edinburgh HQ, Vegware has operations in the UK, US, South Africa, Australasia and UAE, with a Europe-wide network of distribution partners from Iceland to Portugal.
Michael Izza, ICAEW’s chief executive, said the shortlisted organisations have demonstrated a commitment to sustainability.
“It has never been more important to take seriously the enormous social and environmental challenges we face,” he said.
“We have gone beyond the stage where small changes and adjustments can solve anything; we need instead a much bigger, transformative vision to re-think how we do business.
“We believe that the involvement and leadership of the finance function is essential if we are to achieve the goal of a sustainable world.”