Diligent cash management is important to the workings of public sector treasury teams. They are often managing taxpayer money and hence under the public eye. Delays, issues and inefficiencies are called out.
They also have a specific responsibility towards the jurisdiction they operate. They perform critical services, be that running hospitals or public transportation. The social good should be core to their ethos.
This can also translate to how they manage their money. Which financial counterparties they work with, what liquidity products they select, how cash flow is forecast. An integrated ESG cash management policy should consider all these elements.
Sustainable Deposits supports public sector organisations in the development of sustainability considerations to their cash management policy. We offer a focused and independent “one stop shop” for sustainable cash management practices and decision-making.