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    Sustainability in treasury

    As sustainability becomes a higher priority for corporates in Asia, what does this mean for treasurers – and how can they help their organisations achieve their sustainability goals?

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    A sustainable future

    Sustainability is an evolving issue and one that can’t be ignored. Treasuries have a role in helping to fulfil the company’s corporate social responsibility – but it isn’t always clear how they can help. Here, we take a look at some of the options available to embrace ‘greener’ business, without impacting profits.

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    The only way is ethics

    For a business, ‘doing the right thing’ is important for a number of reasons. But is there a difference between a truly ethical business and one that has merely subscribed to a corporate social responsibility (CSR) programme? In the final part of Treasury Today’s ‘Sustainability’ series, we consider these differences and look at how perception can affect business.

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    Taking sustainability seriously

    Echoing the economist Milton Friedman, cynics argue that corporate social responsibility (CSR) is a flawed idea; that the pursuit of profit, not social goals, remains the primary objective of business. Yet some corporates and financial institutions are making a huge difference to communities, using their considerable financial firepower to launch environmental sustainability programmes and to fund social responsibility initiatives.

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    Building a sustainable treasury function

    It might require change, but embedding sustainability into the day-to-day running of the treasury department doesn’t have to be a chore. So keep an open mind and embrace the possibilities.

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    Sustainability: it’s the business

    In this feature, the first of a new six-part series for 2013, we look at the evolution of corporate sustainability. For forward-thinking companies, sustainable business practices are the only option, but a number of ‘dinosaurs’ remain unconvinced. Whose side are you on?