Have you ever wondered what the business benefits of going green are?
World leaders officially signed and adopted the Agenda for Sustainable Development which includes the 17 Sustainable Development Goals in September 2015.
Businesses all over the world have been called upon to help implement these plans and thus play a key role in the conservation of our environment.
Despite the structural transformation needed by corporations and small businesses to get in line with this agenda, there are also accompanying benefits that balance out the internal changes being made.
Let’s take a look at five of these benefits.
1. Going green can boost employee work ethic
Businesses want their employees to be at the top of their game when in the workplace. They expect their staff to be focused and display razor-sharp business sense; however, this is not always the case.
In today’s world, at least 70% of employees complain that they feel distracted at work. 54% say they would like to perform better, 50% say they find themselves less productive, and 20% feel that they don’t think they can reach their full potential.
Interestingly, studies show that simple improvements in the workplace such as adding plants, increasing the amount of natural light streaming in, and even adding indoor water features can improve employees’ productivity.
2. Going green lowers your energy bill
Did you know that replacing your incandescent light bulbs with LED bulbs can lower your energy bill because LED bulbs consume 75% less energy? How, you may be asking? This is because LED lights are more efficient and cost-effective compared to traditional light bulbs.
When you’re purchasing new equipment for the office, always buy appliances that bear the ENERGY STAR certification emblem. These are guaranteed energy-efficient appliances that will streamline operations by keeping energy consumption to a minimum.
Additionally, the use of solar panels to generate electricity and power up facilities can also go a long way in reducing your business’ month-to-month energy bill. If you would like to know how to go about reducing your energy bill, the first step is to carry out an energy audit of your current energy needs and identify places where you can make sustainable changes to help keep costs low.
3. Being eco-conscious lowers your water bill
Choosing to be eco-conscious about water in your business can lower your water bill while also conserving water.
Businesses particularly those in the service industry such as hotels and restaurants consume large amounts of water every day and this, in turn, means that operating costs for these institutions are also very high. For example, 3,000 to 7,000 gallons of water are used every day by the average sit-down restaurant for various purposes.
There are numerous ways to repurpose and recycle water in your business. Regular toilets, for example, can be replaced with modern water-saving versions. According to the EPA, simply installing water-efficient fixtures can result in using 20% less water. Ensure that these fixtures bear the WaterSense label.
4. Going digital helps you save money
Every business is always looking at ways to tighten up expenditure and keep operations lean in order to retain profits. Adopting green initiatives such as going digital will save you a ton of money every year.
Ask yourself if you really need to print letters or an email will do just fine. Do you need to print marketing brochures or e-brochures will do the job just as well? What of company reports, case studies, and other printable material. Can it not all be sent electronically?
Another reason to go digital is that it reduces the number of trees cut down. The paper demand of the United States alone causes 68 million trees to be cut down every year. Play your part by going digital whenever you can in your business.
5. Become a trusted business by the government
The government is serious about these environmental issues and in order for them to do business with companies, they now insist on certain procurement policies being met first and on working with companies that are engaged in green initiatives.
By operating a green business you not only become a trusted business by the government but you strategically position yourself to win more business from other corporations interested in working with companies with sustainable practices in place.
The bottom line
It’s obvious to see that there are numerous benefits to be had by going green and becoming an environmentally conscious enterprise. Join in our efforts to promote sustainability in businesses. If you’re keen to get your business started on the right foot in terms of swapping out products, check out our extensive range of eco-friendly products.
Find out which companies have gone green – 9 Major Businesses Going Green