Green signals environmental awareness, but it's also shorthand for money. And in fact 80% of the finance executives who responded to Treasury & Risk's first annual Going Green survey, sponsored by J.P. Morgan, say green strategies or sustainability efforts have saved or are expected to save their company money. Certain green strategies are quite popular, including converting to electronic transactions, which was cited by 71% of the more than 200 finance executives surveyed. But corporations still have a ways to go: Just 31% say their company has assessed its carbon footprint, only 37% say the company's environmental strategy is integrated with its business plan, and a mere 20% have factored climiate change into business sustainability plans.
From the July-August 2010 issue of Treasury & Risk magazine