“No one would want to lead or invest in a company that destroys or wastes the resources upon which it depends; yet we can see evidence of economic growth patterns that perpetuate human consumption beyond the earth’s capacity to sustain such consumption.”
MARY A. FERDIG
Sustainability Leadership Institute, Middlebury, VT, USA
Let’s face it, we need to act on environmental issues, and this quote from Mary A. Ferdig is interesting because it uses the word ‘invest’ – suggesting that we have a choice to make when it comes to our business decisions. You can read her full article on models of leadership and change here.
Going Digital is Better for the Environment
Paperless is better for the environment and ID-Pal definitely helps with reducing the paperwork.
Saving The Environment or Saving Money?
The environmental benefits of going paperless are clear, and it certainly carries cost savings for companies. Because our unique Identity Verification platform-based solution can be fully integrated with the existing business the ID-Pal solution is more sustainable in the long term.
In 2019 the number of mobile phone users is forecast to reach 4.68 billion and 49% of consumers now conduct their banking primarily on their desktop or smartphones.
One of the key onboarding best practices is to make the paperwork as pain-free as possible. Both the business and newly onboarded customers will benefit from this practice, and digital identity verification has deep benefits for our environment.
We all want to live a more eco-conscious life but sometimes we are not sure where to start, or whether our efforts will even make a difference. Being eco-friendly, using ID-Pal is an excellent way to contribute to a reduction in the carbon footprint of your business.
By 2020 80% of all accounts will be opened online. In a crowded marketplace, how do you choose which is the best option for your business? In the next blog we detail why ID-Pal is the best identity verification experience for on-boarding new customers.
#sustainability #leadership #holistic #environment #socialresponsibility