Enabling activities and Real-time treasury: Difference between pages

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1. ''Sustainability - European Union - European Commission - EU Taxonomy.''
The concept of a treasury with fully automated routine processing which is updated instantly and data displayed immediately.  


Under the EU Taxonomy, enabling activities are ones that:
Real-time treasury aims to helps treasurers make timely decisions based on live information.


(1) Do not themselves contribute directly and substantially to the six environmental objectives of the EU Taxonomy, but;


(2) Directly ''enable'' other activities that make direct positive contributions to the environmental objectives.
Key benefits of real-time treasury include:


* eliminating labour-intensive processes
* reducing the need for hedging and liquidity buffers
* lowering gross debt
* eliminating FX exposures faster
* reducing local bank credit risk


To qualify as an enabling activity, an activity must:


*Not lead to a lock-in of assets that undermine long-term environmental goals, considering the economic lifetime of those assets, and
<span style="color:#4B0082">'''Vision for the future'''</span>
*Have a substantial positive environmental impact, on the basis of life-cycle considerations.


:While a fully real-time treasury remains a vision for the future, its building blocks are already in place, with the instruments, solutions and technology that real-time treasury will rely on already proven and in use.


The six environmental objectives of the EU Taxonomy are:
:''The road to real-time treasury, Deutsche Bank, page 24''


*Climate change mitigation.
*Climate change adaptation.
*Sustainable use and protection of water and marine resources.
*Transition to a circular economy.
*Pollution prevention and control.
*Protection and restoration of biodiversity and ecosystems.




2.
==See also==
* [[Real-time gross settlement system]]
* [[Real-time Payments]]
* [[Real-time transmission, processing or settlement]]


Similar activities in other contexts.
[[Category:Cash_management]]
 
[[Category:Treasury_operations_infrastructure]]
 
== See also ==
* [[Biodiversity]]
* [[Draft Delegated Act]]
* [[EU Taxonomy]]
* [[European Commission]]
* [[European Union]]
* [[Natural capital]]
* [[Stakeholder]]
* [[Sustainable Development Goals]]
* [[Sustainable finance]]
* [[Sustainability]]
* [[Transitional activities]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Ethics]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Revision as of 11:54, 8 October 2020

The concept of a treasury with fully automated routine processing which is updated instantly and data displayed immediately.

Real-time treasury aims to helps treasurers make timely decisions based on live information.


Key benefits of real-time treasury include:

  • eliminating labour-intensive processes
  • reducing the need for hedging and liquidity buffers
  • lowering gross debt
  • eliminating FX exposures faster
  • reducing local bank credit risk


Vision for the future

While a fully real-time treasury remains a vision for the future, its building blocks are already in place, with the instruments, solutions and technology that real-time treasury will rely on already proven and in use.
The road to real-time treasury, Deutsche Bank, page 24


See also

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