Environmental and sustainability efforts are helping companies contain costs, according to Treasury & Risk's third annual Going Green survey, sponsored again this year by J.P. Morgan. Of the more than 200 finance executives who responded to this year's survey, 88% say their company realizes cost savings from green efforts, up from 83% in 2011 and 79% in 2010. A little more than half (53%) say their company is saving up to 5% of its overall costs, while 23% put the savings at 5% to 10%. Half of the executives say their company has a formal environmental policy or a sustainability program, vs. 52% in 2011, while 44% say environmental strategies are integrated with the company's business plan, up from 39% last year. Just 28% say their company has assessed its carbon footprint, unchanged from last year.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
