Sustainability Centre Stage in Frankfurt

Some were in Frankfurt for the European football in the final week of June, but not all. The second Cash Sustainability Forum saw two and a half days of discussion, presentations and debate focused on reducing the environmental impact of cash and the cash cycle.

What became clear is that sustainability is now a ‘thing’, a topic or even an action agenda item for many, many organisations.

For some central banks sustainability is a standalone reportable topic, but it appears to be part of the mix now even for countries and cash cycle organisations where that is not the case. In terms of reporting, the private sector appears to be ahead of central banks, but few seem to be ignoring it completely.

Certainly, across stakeholders there are very different levels of knowledge, engagement and plans, but a great deal is being achieved and there is real momentum in most areas to do better.