Top tips to green your business this year
Let's cut to the chase: integrating eco-solutions into your business is not only beneficial for the environment, it can boost sales.
The motivation to go green remains relevant in the business environment, alongside spurring innovation and advancing technology. In fact, many—if not most— environmental concerns can be dealt with through green initiatives in terms of production, manufacturing, and servicing.
Another thing is that consumers are already becoming increasingly educated and engaged in the environmental impact of markets and human activity. According to 2015 Nielsen Global Corporate Sustainability Report, 66 percent of global consumers say they are willing to pay more for sustainable brands, while 73 percent of global Millennials are willing to pay extra for sustainable offerings. In addition, companies that demonstrated commitment to sustainability have grown more than 4 percent globally, while those without grew only less than 1 percent.
Fortunately, being more energy efficient and nature-friendly does not need drastic change or huge company overhaul. We have rounded up some tips and actions that can help your company put environmental responsibility on top of its priorities.
1. Minimize your use of paper and reduce paper waste
Using less paper on your processes can reduce impact on forests, and cut energy use and climate emissions. You can opt to share materials to personal devices via electronic files, voice mail, and email than paper memos. Think twice before printing emails—do you really need a hard copy?
2. Provide filtered drinking water
While filtered drinking water can stave off your employees from dehydration and increase their work concentration, it can save the environment. With ready water source around, your employees no longer need to bring in water contained in plastic bottles that take hundreds of years to completely decompose.
3. Use LED lights
Proper lighting is essential in any business and it contributes to around 40 percent of energy bill. By replacing your lighting from traditional incandescent light bulbs to LED ones you could reduce your lighting bill by as much as 90 percent. LED bulbs can also be recycled and can help reduce carbon emissions.
4. Turn off all electrical equipment properly
If you work in an office-based environment, make sure that all your staff are aware and directed to turn off all their electrical equipment properly when not in use or at the end of the day to ensure that there is no energy wastage. Lighting should also be put on a detection sensor so lights will turn off in areas that are not in use. This means you are not paying unnecessary energy bills and preventing avoidable damage to the environment.
5. Install solar panels
Going solar with your business may seem a pricey initial investment but in the long run, it is a cost-effective alternative to traditional power. Studies suggest that most commercial property owner could reduce overall energy costs by as much as 75 percent. Not only can it reduce your utility bill but it will lower your carbon footprint.
Sustainability is now a worldwide concern that continues to gain momentum. There is an increasing number of consumers and employees alike demanding sustainability actions as an imperative than just a value-add. Entrepreneurs should integrate these eco-friendly ideas into their companies not only for gaining marketing edge but really, to be truly beneficial for the nature.
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