Sustainability emerges as important bottom line factor

Two thirds of chief financial officers are closely involved in spearheading sustainability strategies in their companies, reports a new study by Deloitte, and more than half of those CFOs report that their involvement has increased within the last year.

The survey polled 250 CFOs across 14 countries and five continents, and revealed that sustainability is no longer just a marketing point about corporate responsibility, but is instead becoming a driving factor in financial performance and business continuity.

Most heavily focused areas of sustainability initiatives for CFOs tend to be an increased vigilance over sustainability’s impact on tax and financial reporting and an increased investment in resource-efficient technology.

For example, many companies have increased practices such as video conferencing, data center efficient equipment upgrades and the use of electric-powered company vehicles. Businesses have also invested in sustainable furniture asset management – a renovation tactic that is not only environmentally-friendly, but also helps save a company’s budget and bottom line.

The Refinishing Touch offers on-site, safe and sustainable furniture asset management services, which include refinishing with low VOC lacquers, reupholstering using a top quality line of Touch Textiles fabric, and remanufacturing with little to no downtime. Our eco-friendly services are a great way for organizations to reduce their furniture expenditures by 80 percent and helps contribute to the preservation of nine million trees and counting. That is how we won the prestigious General Service Administration (GSA) 2000 Evergreen Award for innovative, environmentally friendly practices.

To learn more about how your corporate organization can benefit from our award-winning furniture restoration services, visit The Refinishing Touch’s website at www.therefinishingtouch.com or follow us on Twitter: @RefinishTouch.

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