Finance Industry Contemplates Banking Crisis at Newly Green Meeting

When they meet next week to discuss issues surrounding the country's banking and credit crises, members of the Association of Financial Professionals (AFP) will be doing so in the context of their industry's largest green and socially responsible event. That's because AFP has announced a new initiative called AFPAware that will for the first time promote social and environmental consciousness at the AFP Annual Conference, taking place in Los Angeles Oct. 19-22.

A typical five-day conference with 2,500 attendees will use 62,500 plates, 87,500 napkins, 75,000 cups or glasses, and 90,000 cans or bottles, according to AFP, which cites data from Meeting Strategies Worldwide. For that reason, the association—which counts among its members treasury and finance professionals from companies such as GE, Goldman Sachs, Google and Bank of America—decided to implement several environmentally friendly policies at this year's annual conference in Los Angeles.

"California's Zero Waste policy, which encompasses recycling/proper disposal, waste reduction, reuse/conservation and environmental protection, provides a perfect setting to launch the AFPAware program," reads a statement released by AFP this week.

As part of AFPAware, AFP at its conference next week will:

• Meet at the Los Angeles Convention Center, a so-called "green community" that features a comprehensive recycling program, an indoor air filtration system, energy-saving programs and solar power.

• Provide breakout presentations and handouts electronically via CDs and the AFP Annual Conference Web site.

• Print event brochures, flyers and signage on recycled, chlorine-free paper using soy-based inks.

• Host a volunteer day at L.A.'s third largest homeless shelter, The Midnight Mission.

• Serve organic and locally grown food and beverage on reusable dishware, flatware and linens.

• Transport attendees in shuttle buses that have a low environmental impact thanks to new engines, tires and logistics technology.

• House attendees in hotels that green programs.

For more information about AFPAware, visit