10 finalists have been announced for the inaugural award, which is being launched in association with Organic Monitor.
The award will go to a raw material or ingredient which makes a significant environmental or social difference in the area of sustainability, and will be distributed in a three-tier category of gold, silver and bronze.
Amarjit Sahota, president Organic Monitor said: "Selecting a winner for this award was difficult because of the large number, and high calibre, of entrants. The panellists spent many hours mulling over the finalists and eventual winners."
The winners will be announced during the show’s Award Ceremony on Wednesday 2nd April 2014.