#Success&U

06 Sep 2017

5 reasons why your business should “Go Green”

by RAKBANK

In a world striving for sustainability, adopting environmental friendly measures means staying competitive. Recycling and reusing, adhering to non-polluting manufacturing processes, increasing the energy efficiency of your organisation and using bio degradable cleaners are just some of the ways that can help your business contribute towards a better environment. Want to know the best part? They also result in cost efficiency and an improved brand image.

 

Let's a take a look at 5 main reasons why your business should go green:

 

1. It helps save costs: Going Green provides an opportunity to bring down your Energy bills and improves business processes. This leads to cost saving and can help deliver a more competitive organisation. Think of this - printing less paper or on both sides of the paper is guaranteed to cut down on your paper consumption. Also, refilling your ink cartilages instead of throwing them away and buying new ones will reduce the amount of plastic you throw away each year.  Actions like these basically mean you get to decrease your utility costs and increase your company's bottom line.

 

2. Improves Morale of the company employees: Working towards sustainable commerce, can serve as a great morale booster for your employees. You might find that implementing energy efficient measures lead to increased productivity and helps your company function better. For instance, indoor air quality (IAQ) is said to be typically two to five times worse than the air outdoor; employees working in such unhealthy environment have been noted to suffer health issues such as headaches and asthma. On the other hand, research shows that companies with better IAQ show less absenteeism due to sickness and an increase in employee productivity. One can improve the indoor air quality by simply planting more plants inside the office. Similarly, its becoming quite common for employees ? especially young professionals - to seek companies that are environmentally responsible. Taking a green initiative is known to improve employee morale and loyalty!

 

3. Provides a more competitive market position: Implementing best practice recommendations not only results in a leaner cost base, but also nurtures an environment of innovation. It also helps in positioning your company as a sustainable and environmentally friendly organisation. As consumers grow more and more environmentally conscious, they are checking labels, websites and market reputation of the company. A company that is seen as cost efficient and environmentally friendly, will score over another company that offers the same benefit but doesn't take the load off the environment.  This is the reason why market share of sustainable products continues to grow.

 

4. Reduced Waste: For reducing the amount of waste bring produced by your organisation, you would have to setup more efficient practices. These will not only reduce utility costs but also improve your company?s bottom line. For example: Evaluate the packaging used in your business. Can you eliminate single-use containers? A simple switch from corrugated cardboard to reusable plastic shipping containers saved Pepsi-Cola $44 million. Similarly, try and reduce paper wastage. CBRE recently went paperless at its downtown Los Angeles world headquarters. The office purged over 5 million sheets of paper, saving money on the real estate required for storage, and reducing ongoing printing needs by 50 percent.

 

5. It helps the environment: Beyond the prudent economic reasons to go green, it's an important step in preserving the Earth for the long-term. Cutting emissions of carbon dioxide and other gasses reduces the impact of global climate change (97 percent of scientists confirm it is man-made), while cutting back on the use of paper and other materials in packaging can help protect important natural habitats. It's not just good for the bottom line; it's good for the Earth. It's something that can make shareholders, and your own conscience, happy.

 

Going green is a smart business strategy that can deliver a multitude of rewards, ranging from an increase in the revenues to improved market share. Further, communicating that you care about the environment using various platforms such as your home page, social media pages and blog will further benefit your brand. 

 

We hope you found these reasons compelling. In our next article, we shall talk about how you can get started with making your business 'Go Green'!


Tags :




5 reasons why your business should “Go Green”

06 Sep 2017

Tags :

In a world striving for sustainability, adopting environmental friendly measures means staying competitive. Recycling and reusing, adhering to non-polluting manufacturing processes, increasing the energy efficiency of your organisation and using bio degradable cleaners are just some of the ways that can help your business contribute towards a better environment. Want to know the best part? They also result in cost efficiency and an improved brand image.

 

Let's a take a look at 5 main reasons why your business should go green:

 

1. It helps save costs: Going Green provides an opportunity to bring down your Energy bills and improves business processes. This leads to cost saving and can help deliver a more competitive organisation. Think of this - printing less paper or on both sides of the paper is guaranteed to cut down on your paper consumption. Also, refilling your ink cartilages instead of throwing them away and buying new ones will reduce the amount of plastic you throw away each year.  Actions like these basically mean you get to decrease your utility costs and increase your company's bottom line.

 

2. Improves Morale of the company employees: Working towards sustainable commerce, can serve as a great morale booster for your employees. You might find that implementing energy efficient measures lead to increased productivity and helps your company function better. For instance, indoor air quality (IAQ) is said to be typically two to five times worse than the air outdoor; employees working in such unhealthy environment have been noted to suffer health issues such as headaches and asthma. On the other hand, research shows that companies with better IAQ show less absenteeism due to sickness and an increase in employee productivity. One can improve the indoor air quality by simply planting more plants inside the office. Similarly, its becoming quite common for employees ? especially young professionals - to seek companies that are environmentally responsible. Taking a green initiative is known to improve employee morale and loyalty!

 

3. Provides a more competitive market position: Implementing best practice recommendations not only results in a leaner cost base, but also nurtures an environment of innovation. It also helps in positioning your company as a sustainable and environmentally friendly organisation. As consumers grow more and more environmentally conscious, they are checking labels, websites and market reputation of the company. A company that is seen as cost efficient and environmentally friendly, will score over another company that offers the same benefit but doesn't take the load off the environment.  This is the reason why market share of sustainable products continues to grow.

 

4. Reduced Waste: For reducing the amount of waste bring produced by your organisation, you would have to setup more efficient practices. These will not only reduce utility costs but also improve your company?s bottom line. For example: Evaluate the packaging used in your business. Can you eliminate single-use containers? A simple switch from corrugated cardboard to reusable plastic shipping containers saved Pepsi-Cola $44 million. Similarly, try and reduce paper wastage. CBRE recently went paperless at its downtown Los Angeles world headquarters. The office purged over 5 million sheets of paper, saving money on the real estate required for storage, and reducing ongoing printing needs by 50 percent.

 

5. It helps the environment: Beyond the prudent economic reasons to go green, it's an important step in preserving the Earth for the long-term. Cutting emissions of carbon dioxide and other gasses reduces the impact of global climate change (97 percent of scientists confirm it is man-made), while cutting back on the use of paper and other materials in packaging can help protect important natural habitats. It's not just good for the bottom line; it's good for the Earth. It's something that can make shareholders, and your own conscience, happy.

 

Going green is a smart business strategy that can deliver a multitude of rewards, ranging from an increase in the revenues to improved market share. Further, communicating that you care about the environment using various platforms such as your home page, social media pages and blog will further benefit your brand. 

 

We hope you found these reasons compelling. In our next article, we shall talk about how you can get started with making your business 'Go Green'!