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Taking Treasury Lean and Green in 2019

 

It’s that time of year when we all start thinking about being better versions of ourselves. Businesses, too, are contemplating ways to care more for their people, improve their processes, and look after the planet. As such, proactive treasurers – and their banks and vendors – are becoming more involved in Corporate Social Responsibility (CSR) and Diversity & Inclusion (D&I) initiatives – from supporting them financially to promoting them internally.

There are a number of ways treasurers can do this, including:

  1. Supply chain initiatives such as SCF which keep the supplier ecosystem moving
  2. Digitisation projects to reduce treasury’s paper usage
  3. Ethical investments such as green deposits
  4. Inclusive recruitment processes
  5. Green and sustainable finance – from green bonds to positive impact loans

To recognise this growing part of the treasurer’s role, as well as the work being undertaken by providers of treasury services, TMI has launched the Treasury4Good Awards - www.treasury4good.com. The deadline for submissions is 1st February 2019 – so this is a quick reminder to get your nominations in. After all, you have to be in it to win it!

Find out which Awards your treasury team could be eligible for by reading through our category list below. You can also nominate your banks and vendors for Treasury4Good Awards (or they can nominate themselves), as outlined here: https://www.treasury4good.com/about/

Top Treasury CSR Award

For this Award, the judges will be looking for a treasury team that has truly gone over and above to embed CSR into treasury processes. We’re looking for a treasury team that lives and breathes CSR and is always looking for new ways to support their organisation’s CSR goals.

Best Treasury Diversity & Inclusion Drive

Does your treasury team have a great mix of demographics? Have you gone out of your way to be more inclusive in your hiring? Are you championing LGBT+ initiatives in the workplace? This Award recognises those treasury teams actively supporting diversity and inclusion – in every sense.

Best Sustainable Finance Project 

From green bonds to positive impact loans and green RCFs, this Award is for those corporates using sustainable finance to make a difference to their organisation and the world around them.

Best Ethical Investment Initiative 

Ethical investing isn’t just for the retail space. Corporates are now increasingly aware of where they park their cash and for this Award, we’re looking to hear from treasury pioneers who are championing ethical investments.

Most Sustainable/Ethical Supply Chain Initiative

Whether it’s supporting your smaller suppliers through SCF or implementing supplier selection processes that are linked to ethical and sustainable criteria, this Award recognises initiatives designed to raise awareness of CSR in supply chains.

Best CSR Technology Solution

Have you taken your treasury paperless by embracing digital solutions? Or cut down on the department’s electricity consumption by using cloud computing instead of on-premise technology? Or perhaps you’ve introduced a portal to track CSR metrics and help with non-financial reporting? Whichever route you’ve chosen, this Award recognises treasury’s efforts to leverage technology as a CSR tool.

Clean and Green Treasury Award

Does your treasury team make an extra effort to be clean and green? Perhaps you’ve run teambuilding activities designed to help the environment – like tree planting or litter picking? Then this Award could have your name on it.

Outstanding Treasury4Good Leader (personal Award)

Is there someone in your treasury team who is a true CSR or D&I champion? Or someone in another company’s treasury who you’d like to nominate? This personal award recognises the efforts of those people who go the extra mile when it comes to CSR and D&I.

We look forward to receiving your submissions – and presenting the winners with their Awards on 18th April 2019 in London.


Photo of Eleanor Hill
Eleanor Hill
Editor, TMI