Sustainability as a concept has been best defined by the United Nations Brundtland Commission as 'meeting the needs of the present without compromising the ability of future generations to meet their own needs'.

A group of organisations from both the coin and banknote sectors have joined forces to support a first-of-its-kind in-depth study into the environmental impact of cash versus digital payments.

Kusters, a family-owned company founded in 1911, has been at the forefront of destruction and shred handling equipment for both banknotes and coins since the 1970s, and has an installed base of more than 700 systems in various applications in over 80 countries.

To coincide with the Cash & Payments Sustainability Forum™ in mid-November, Reconnaissance issued a whitepaper – ‘What Goes Round Comes Round’.

Crane Currency has inaugurated a new filtration system that will reduce water consumption by as much as 500,000 cubic meters per year and remove more cotton fibres for reuse in paper production at its paper mill in Tumba, Sweden.

A year ago, the white paper, ‘Cash: A Roadmap to Sustainability,’ recorded a pleasing level of activity and progress across the cash industry on environmental sustainability, with plenty of evidence of organisations striving and achieving to do better.

The Science Based Target initiative (SBTi) has approved De La Rue’s near-term science-based emissions reduction target.

CCL Secure has won an Energy Management Award, together with its sustainability partner Verco, at the 23rd Energy Institute Awards ceremony, which was held on 23 November in London.

This year the profile of sustainability has increased, with climate volatility evident in many countries. Last year’s white paper on the cash industry's work showed that much has been done and this industry has been doing good work for some time.

Companies in our sector are not only working to reduce their environmental footprint and contribute to a greener future, in some cases their solutions are being used to further it.