5 Paylogix Co-Op Funding Partners Named Sustainability Leaders by Dow Jones Sustainability Index
Congratulations to five Paylogix Co-Op Funding Partners on being recognized for their sustainability efforts. Each year, over 3,400 publicly traded companies are invited to participate in RobeoSAM’s Corporate Sustainability Assessment (CSA). Of these, the largest 2,500 global companies by market capitalization are eligible for inclusion in the flagship Dow Jones Sustainability Index. The 2017 RobescoSAM CSA included: Aflac, Chubb, Lincoln Financial, MetLife, and Travelers.
The RobecoSAM CSA process is a in-depth evaluation for a company to undertake. In North America, 614 companies were invited to participate and 150 companies made the index. In insurance specifically, 32 companies were invited to participate. One of the dimensions that they are measured on is waste reduction, including paper. As a provider of online billing and reconciliation services to our Co-Op Funding Partners, Paylogix is proud to help reduce the amount of paper that would have been produced in the normal course of business. Also included in the RobecoSAM CSA are many brokers and employers that are powered by Paylogix, reducing their solid waste contributions in the process.
For over 20 years, Paylogix has contributed to solid waste reduction in the insurance industry. Many of these paper saving services have become standard, but we are still working hard to eliminate the need for paper in 4 ways:
We provide a secure online environment for our business partners to exchange data in paperless transactions.
We allow clients to pay insurance bills within a paperless environment.
We produce and store documents electronically with state-of-the-art document imaging and make these available online.
We communicate information via email and secure electronic file exchange.
Many of our clients are happy to be saving time, money, and hassles with our online services. The DJSI is an important reminder that business efficiency can also has a positive impact for our planet.
More information about our Co-Op Funding Partners' commitment to social responsibility can be found here:
