Earth Day 2023 – What can your business do to lower its carbon footprint?
“The only way forward, if we are going to improve the quality of the environment,
is to get everybody involved.” ~ Richard Rogers, Architect, Environmentalist
Earth Day 2023, an annual global event, reminds us that we must preserve the earth’s resources. It’s not just for now or ourselves but for future generations. This year’s theme continues from last year. “Invest in Our Planet” focuses on the importance of working together to protect our planet economically and environmentally.
Earthday.org is the organization that created Earth Day. They encourage businesses, governments, and citizens worldwide to come together to improve the environment and how we interact with it. The earth’s condition is everyone’s responsibility, so everyone needs to contribute to making a change.
Kathleen Rogers, the President of Earthday.org, explains, “Businesses, governments, and civil society are equally responsible for taking action against the climate crisis and lighting the spark to accelerate change towards a green, prosperous, and equitable future. The time is now to Invest in Our Planet.”
Environmental Challenge – Paper Reduction
We face many environmental challenges, such as water pollution, climate change, the abundance of single-use plastics, and soil degradation. But one of the most enduring environmental problems is deforestation.
The Global Forest Resources Assessment, a report by the Food and Agriculture Organization of the United Nations, highlights the current state of the environment. It reports, “The global forest area continues to shrink – by an average of 4.7 million hectares per year.”
Reducing paper use is a highly effective strategy for decreasing your company’s environmental footprint. Manual payment methods are notorious for generating significant amounts of paper waste, such as handwritten ledgers and paper checks. By automating your payments, you avoid much of the paper typically used in the accounts payable process.
Automated End-to-End Payments Lower Your Carbon Footprint
Data capture capabilities automate the intake process and mean less paper handling and storage and no manual entry of paper invoices. In addition, automated payments generate digital payments and reconciliation records that further reduce a company’s dependency on paper use. There is also the added convenience of cloud-based access to faster, more secure, frictionless payments.
Edenred CSI and Edenred IPS are companies that care about what we do and how it affects the planet. We are committed to sustainability and environmental preservation. It is our goal to reduce our carbon footprint in all our operations.
Edenred’s “Ideal” Corporate Social Responsibility (CSR) policy is upheld by three pillars – People, Planet, and Progress. It aims to improve quality of life, preserve the environment, and create value ethically and responsibly. Edenred has achieved a high level of CSR success using this system.
Take Action for Earth Day
Whether your company focuses on CSR or Environmental, Social, and Governance (ESG), take action for Earth Day 2023. Businesses can work against climate change, pollution, and deforestation. Payment automation is one small step to improve your workflow while helping the environment.
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Corporate Spending Innovations (CSI) is a global FinTech leader providing innovative payment solutions to world-leading brands across all industries. CSI’s end-to-end payment solution automates and digitizes B2B payments with a safe and highly secure cloud-based payments platform. For a more efficient way to manage payables, including virtual credit card, B2B Payments Network, ACH, and check, book a demo here.
CSI is an Edenred Company, the global leader in payment solutions for the working world.
