In 2004 the award was received by Tessa Tennant from the United Kingdom. With a background in environmental studied, she had played a central role in the world of green finance. To mention a few of her achievements, she contributed to the founding of the UK’s first sustainable investment fund during the 1980s. A decade later, she formed Asia’s first fund for sustainable investing. By building public opinion and presenting good examples, she convincingly proved the significance of socially responsible investment funds, based on the conviction that investments also should contribute to society’s social and environmental development.
"The City of Göteborg International Environment Prize for 2004, SEK 1 million, has been jointly awarded to Joan Bavaria, USA, and Tessa Tennant, UK, for their pioneering efforts in the strategic future forum “sustainable investment,” the purpose of which is to promote socially, environmentally and economically responsible investing. Both dynamic women – by building public opinion and their own investment companies and funds with this focus – have contributed to an increasing number of businesses adopting more sustainable development. Therefore, they can also inspire us in Göteborg and West Sweden to steer development towards long-term, sustainable investments in the broadest sense of the word."