Sustainability successes can help a financial services company outperform competitors in difficult market conditions, improve margin, increase customer loyalty and employee engagement, and reduce overall resource consumption. Many companies in the finance sector are beginning to recognize that energy efficiency, carbon emission reduction, and sustainable business practices represent an untapped opportunity. Some of the benefits these early adopters are achieving include:
- Demonstrable results in social responsibility
- Adherence to government regulations
- Significant energy and carbon cost savings
- Increased profits
- Define the strategy: Invest the time and resources required to define an actionable strategy that has the appropriate, high-level executive buy-in and commitment.
- Deliver efficiency: Codify and resource the strategy as a corporate program where potential energy efficiency projects are prioritized and funded, and execution plans are developed to deliver efficiency improvements.
- Sustain the results: Make programs and projects a part of the broader corporate focus on continuous improvement to sustain the initial results and to provide new inputs and ideas for additional energy and carbon reductions.
Some banks are adding sustainability leaders to their executive teams, are publically reporting on targets, and are working to improve energy efficiency across the enterprise, including corporate facilities, branch offices and data centers. Those who are successful have initiated programs that follow a relatively simple methodology:
To discover why and how financial organizations are adopting data-driven, long-term sustainability programs, download the Schneider Electric white paper “Impact of Sustainability and Energy Management Programs on Finance Industry Performance.”