NST is a Swiss foundation, established in 2007 by four members of the Nobel family. Formerly known as the Nobel Charitable Trust, its name was changed to the Nobel Sustainability Trust in 2011 so as to more accurately represent its role and activities. Its board of trustees today includes five members of the Nobel Family.
To promote the activities described above, NST encourages research, development, action and implementation of sustainable solutions. A key component will be the creation of Awards for Sustainability. These awards, given annually, will form an accolade for those who make outstanding contributions to sustainability. The winners will be presented with the awards at a dinner held in connection with a symposium, organised by NST, in major cities around the world.
NST, via its secretariat and main office in Switzerland and its representative offices in Sweden, Pakistan, Japan and Costa Rica, will assist in the selection of universities from various countries, which will collect the proposed projects and candidates. One of these will also be the Award Coordinating Entity (“ACE”), This entity, in consultation with NST, will select and maintain the list of sourcing universities. The ACE will create a committee, the Sustainability Award Committee, which will have final say in the selection of the award winners. This body will include members from various academic institutions. NST's different offices will plan and manage the annual conferences and related events. It will liaise with the media and organise and propose invitations for the award ceremonies.
Stringent efforts will be made to ensure that the NST Awards will be recognised, by all concerned, as being independent of the traditional Nobel Prizes and that no administrative or commercial relations exist between the Nobel Foundation and NST.
NST’s financial support will come from sovereign entities, family offices and corporations who support its agenda. A clear understanding of the origin of these funds is essential, so NST will work with licensed and registered entities, which are regulated by the financial authorities in their respective jurisdictions.
The members of the Nobel family, founders of the Nobel Sustainability Trust (“NST”) have, with great concern, been observing the devastation of the world’s vital, natural and non-renewable resources. This overconsumption has led to an increase in global temperatures and pollution of land, food, water and air. The founders believe that the economic and social health of civilisation will, to a large extent, depend on the availability of energy and a sustainable approach to agriculture, forestry, industrial manufacturing and water reclamation. This will require substantial intellectual and financial effort. It is the aim of NST to assist with this process. The objective of NST is to improve quality of life, which is, today, threatened by pollution, climate change and depletion of natural resources. Sufficient food, water, air and energy, in clean conditions, is essential to reaching this objective.
NST aims to contribute in the following areas:
- Climate change with emphasis on reduction of global warming;
- Advances in clean and renewable technologies and policies;
- A pollution-free, life-sustaining environment;
- Inspiration for present and future generations