Many eco-intelligent process improvements are delivered in ways that have little or no costs, inconveniences or encumbrances. In fact, eco-intelligence seeks to create efficiencies of time, money and health. As a powerful tool for improvement, eco-intelligence aligns our fiduciary duty of care to leave a better planet than we inherited, as a result the choices we make will determine our success.
Innovation is more than “creating new,” it’s about “creating better.” The drivers of eco-intelligence include:
What is measured?
Why it is measured?
Who cares if it is measured?
How it is measured?
Does it impact others?
An eco-intelligent bank is a depository and lending organization that is uncommonly aligned with the interests of society and the environment.
Eco-intelligent banks are unique because of their breadth of knowledge about their constituents. They consider information beyond only financial to derive a more holistic perspective of their customers and suppliers. It is the ability to understand the value of extra-financial information that uniquely qualifies the “eco-intelligent” bank. Because eco-intelligent banks consider details such as environmental policy, community engagement, energy efficiency and stewardship, they are better equipped to make informed decisions and remain aligned with stakeholder interests.
Since eco-intelligent banks are empowered with better information, and use this information for the purpose of environmental responsibility, societal stewardship and financial returns (triple bottom line) they generally make better financial investments.
Banks that are not eco-intelligent rely exclusively on past performance related to a single dimensional view. Banks that do not consider a holistic view including extra financial information, are putting investors, customers and stakeholders at greater risk.
“The balance of priorities toward triple bottom line and the ability to objectively measure a broader data population differentiates eco-intelligent from other banks”
- Dan Parker, Chief Strategy Officer, SustainLINK
Although having a mission statement or marketing pitch that endorses the environment or acknowledges climate change is a start, eco-intelligent banks have gone above and beyond to focus attention on the impact they facilitate.
Banks that claim to be eco-intelligent because of internal practices such as energy conservation, paper reduction or recycled carpet are mistaken. Although these practices are noble contributions, they are baseline expectations at best, that is, what we now expect of any business entity in the normal course of conduct.
A real eco-intelligent bank derives its capability from diverse data views and leverages intelligence for the benefit of all stakeholders. They are committed to facilitating societal stewardship and environmental responsibility not only internally, but how they inspire others to improve. Download-PDF
Consider making an impact through a qualified and appropriately monitored eco-intelligent bank.
Your deposit is your voice…your values…your contribution…
