Why Sustainability Needs To Be A Core Focus in Your Business

Julie Starr • June 3, 2022



A company’s commitment to environmental stewardship and social responsibility is good for the company’s bottom line. A few of the numerous benefits of running a business that is more ecologically friendly include the following:

Reduced costs  

Implementing sustainable practices in your organization will initially cost you money, but it will pay for itself over time and save you money. Using more energy-efficient lighting or reusing existing materials can save money. Commercial property owners may expect to save an average of $500 a month by converting to solar energy, which works out to a savings of $587,377 over the system’s lifetime. Typically, solar panels pay for themselves within five to seven years. The government may also offer subsidies and refunds in exchange for implementing environmentally-friendly practices. Make sure that you have a contingency plan ready in case of any issues, as per Kenny Natiss advice.

Improves a company’s public image.

Reputation management in business refers to the process of preserving a favorable public image by consistent use of messaging and actions. Consumers are concerned about the environment, as seen by the aforementioned figures. As a result, firms with green ideas are eager to advertise them to the general public. Giving back to the environment shows the rest of the world that your priorities extend beyond financial gain. This is an excellent opportunity for your firm to gain exposure and establish a strong brand identity.

An advantage in the marketplace

The more sustainable your firm is, the more money you will make and the better your bottom line will be. All of these factors lead to sustainable businesses making more money: lower costs, more inventive strategies, a better image, and more new customers that appreciate conservation.

What may make it more difficult for firms to be long-term victorious?

Despite the many advantages of sustainability for organizations, implementing these changes may be tough. Companies, particularly small enterprises, have a number of important challenges in their efforts to become more environmentally friendly:

Budgetary restraints

Some firms assume they do not have the time or money to adequately implement sustainability plans. If you want to become a green firm, however, you do not have to do it all at once. You may start small and make little adjustments that are cost-effective rather than doing nothing at all, which is ideal. When your expenses are reduced, you can then begin to implement other adjustments and build them up. 

Having a hard time getting people on board.

For sustainability initiatives to succeed, they must be accepted , taken seriously, or cared for by everyone in the firm, regardless of whether it is top management or employees. Make every attempt to solicit input from all stakeholders while formulating policy. Several employees and managers may have their own thoughts and worries. Rewarding employees with office parties and prizes are a great way to include gamification into the experience. Others need to be recognized, considered, and given the opportunity to have their ideas implemented if they are practical, while yet others need external incentives to get them involved.

The task of being more environmentally friendly in an effective manner is well worth the effort. Successful company people, owners, and leaders view problems as opportunities. Here’s your chance to help the environment while also putting your artistic skills to use. You may come up with new and creative ways to get your firm off the ground with some smart business planning.

 

By Julie Starr October 7, 2024
Becoming more eco-friendly and running a greener business is a responsibility that business owners really need to think more about. The good news is that if you spend a lot of time in your office, there are plenty of ways to make it more eco-friendly without having to overhaul everything and start again (which isn’t just disruptive, but expensive too). So, if you’re ready to get started, here are some simple steps to make your office space more eco-friendly; read on to find out more. Use Energy-Efficient Lighting This idea is a simple one that you can do no matter what else might be on your list of tasks - it’s quick, easy, and really makes a difference; change your light bulbs to something more energy efficient. If you’re still using traditional fluorescent bulbs, it’s time to upgrade to LED which doesn’t just last longer, but also uses a lot less energy. They’re easy to install and they’ll help you cut down on your office’s energy usage almost instantly. If possible, you should make the most of natural light too, so think about rearranging your workspace to let in more sunlight, which saves energy and can boost your mood - it’s a win-win that you can do right away. Prioritize Air Quality The air you breathe matters, and keeping it clean can do wonders for your health and the planet. One way to improve air quality is by adding plants to your workspace because plants are natural air purifiers, and as a bonus, they’ll make your office feel more inviting. Another great idea is to make sure your office’s HVAC system is working efficiently, and having air duct cleaning done by professionals is an easy step you can take to improve air quality and ensure your heating and cooling systems aren’t wasting energy. Clean air ducts mean cleaner air, less strain on your system, and even lower energy bills, so it’s a simple but really effective thing to do. Switch To Reusable Products If your office is still stocking up on single-use plastic items, it’s time for a change - swap your disposable cups, utensils, and plates for reusable ones and you’ll be surprised at how much waste to eliminate. And what about encouraging people to bring their own mugs and water bottles to work? Give them tea, coffee, and water to refill everything with, and you’ll be doing your bit to help the planet and have less waste to deal with as well. And don’t stop with these things either - there are loads of reusable products that could be useful in your office. You could have refillable pens and ink cartridges for your printer, for example. Go Paperless Speaking of your printer, is that an office machine you actually need? If you were to go digital and aim for a paperless office , you might be able to do away with the printer, which means less money spent on ink and paper, and less energy used altogether. You should be able to set up a system where documents can be shared online and stored electronically, and there are plenty of tools around to help you do exactly that (and much more). If you don’t need to print something and you don’t need a physical copy of a document, don’t make one - just use the digital version instead and you’ll be a lot more eco-friendly.
By Julie Starr October 4, 2024
Sustainability often gets pushed on the common person. Joe Public is told to be more sustainable with their daily habits as the government pushes for more eco-friendly measures. This is all well and good - but does it really matter when 71% of greenhouse gas emissions come from just 100 companies around the world? Small business owners are desperate to prove their sustainability, but what are bigger companies in some of the most polluting industries doing to help? We’ve taken three of the least sustainable sectors on the planet and explored the unique ways they’re trying to cut down on emissions and be more eco-friendly. Mining Any industry revolving around drilling underground will not be very environmentally friendly! Mining causes a lot of pollution, but its unsustainability often comes from the way it damages local environments and ecosystems. So, what is this industry doing to change things? It’s largely focusing on more responsible mining practices to reduce waste and mitigate the impact on local environments. This is done through mining dust suppression systems to prevent airborne pollution, reforesting mining sites when they’re no longer in use, and recycling as many materials as possible. Is it perfect? No, but it’s a step in the right direction. Fossil Fuels Shock horror; the fossil fuels industry is the most damaging to our environment. Finding ways to change the scope of this sector is the key to ensuring a better future for all. Some companies in this industry are trying to do this through carbon capture and storage. This is a technique where CO2 emissions are captured before they’re released into the atmosphere and stored underground. Realistically, the main thing fossil fuel companies should be doing is pushing for more renewable energy sources. Many are doing this - though reports suggest they’re not investing as much as they should. If fossil fuel companies dumped more money into developing biofuels and other renewable sources, pollution from this industry would drop dramatically. Fashion The most unbelievable stat to take from this post is that the fashion industry is responsible for 10% of our global carbon footprint . That’s remarkable (and worrying), considering how most of us don’t view it as a “dangerous” industry. Fast fashion is the main problem; poorly-made goods are pumped out at a rapid rate, and consumers constantly buy new things. Fashion companies are trying their best to resolve this. Most big brands will now have sustainable lines using recyclable materials. Consumers also hold the key to solving this problem: stop buying new clothes all the time and wear yours for longer. Or buy pre-owned clothes to slow down the fashion production line. Companies can still do more as well: they are trying to adopt more eco-friendly production processes that use less water and energy. The moral of this post is that everyone can do their bit to fight for a more sustainable future. Keep this in mind for your small business . It doesn’t matter what industry you’re in; there will always be ways to promote eco-friendly practices.
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