Treasury organizations are getting serious about saving money, boosting efficiency and reducing their environmental footprints.
A new research-based strategy could encourage more consumers to embrace electronic statements and bill presentment/payment, creating substantial benefits for billers and their financial institutions such as environmental preservation and increased customer satisfaction. Find out more in this new white paper from NACHA and Javelin Strategy and Research.
In this study, the Accenture Institute for High Performance finds that J.P. Morgan has adopted sustainability as a necessary component of success and longevity. The bank's sustainability practices extend from helping clients navigate environmental markets, to extending the rewards of entrepreneurship through microfinance, to improving the quality of life for the communities in which it operates.
Responsible companies understand that sustainable business practices can drive better financial performance today and a better future for our planet. This insight is gaining traction within corporate Treasury departments, where traditional paper-based operations can easily generate 5.5 tons of paper every year.
Businesses today face heightened expectations around their role in society and the world, with turning a profit only one of many criteria by which performance is measured. Rising in importance is the impact a company has on its stakeholders, society, and even the planet. Integrated reporting, which encompasses elements of traditional financial reporting, sustainability reporting, and governance reporting within a single presentation, represents a growing trend that reflects these new expectations.