Royal Approval for Outstanding Business Performance
Staff and stakeholders of the organisation - including
representatives from Shared Interest's overseas offices - gathered
at Newcastle's Mansion House, the official residence of the Lord
Mayor of Newcastle upon Tyne, for a formal presentation of what is
the most prestigious UK award for outstanding business
Lord Mayor Margaret Wood, Bishop of Newcastle the Right Reverend
Martin Wharton and Newcastle Central MP Chi Onwurah were in
Lord-Lieutenant, Nigel Sherlock said: "It was a pleasure to
present Shared Interest with their Queen's Award for
"Being selected as one of five Queen's Award winners in Tyne and
Wear is recognition of the organisation's continued ethical and
social motivation. Shared Interest should feel very proud of
this special achievement."
Shared Interest Society in Newcastle upon Tyne uses investment
from UK residents to provide trade finance to fair trade businesses
across the globe. It is the second time that the not for profit
organisation has received the coveted Queen's Award in the
Sustainable Development category.
Managing Director Patricia Alexander said: "Being awarded a
Queen's Award for Enterprise for the second time makes this a very
"As an organisation we talk about trade not aid; we are about
building sustainable livelihoods so that is why to receive such a
significant accolade in the sustainable development category is so
important to us.
"Since winning the Award for the first time in 2008, we have
increased our overseas offices to four; adding one in Peru and
another in West Africa. "We hope being a second-time Queen's Award
winner proves to be a driving force in achieving our vision of a
world where justice is at the heart of trade finance."