Going Green Could Save Businesses Billions
Businesses could make massive savings on their energy consumption by introducing some simple energy saving measures, a new report has found. The joint report by the Environment Agency and the Energy Saving Trust (EST) advises that businesses could save up to 3.5 billion pounds per year.
Ruth Spellman, Chief Executive of the Chartered Management Institute, echoed this sentiment. Speaking on This Is Money she said 'climate change cynics need to recognise the business case for going green.
'A typical employer is likely to use excessive amounts of paper, ink and electricity. If so, a few simple changes, such as printing double-sided or turning off computers at the end of each day could save money.'
New technologies could help boost a business's green credentials and help to reduce the amount spend on utility bills. Video, web and teleconferencing in place of travelling to meetings would help to save time, money and carbon dioxide emissions.
Setting month by month targets will help firms to keep track of their improvements and help them to identify further ways in which energy usage and CO2 waste could be cut.
Business is currently the biggest contributor of carbon waste in the UK, according to figures released by DEFRA (Department for Environmental, Food and Rural Affairs). Total emissions total 191 million tons of carbon in 2007, equivalent to 35% of the UK's total emissions.
The effect of environmentally friendly policies could be more far reaching than simply reduced bills and emissions. Recruitment researchers have found a link between levels of employee engagement and corporate sustainability policies, as green energy issues become increasingly important to younger employees.
In fact, the significance of CSR issues in the minds of employees has become so strong that many recruitment websites have whole sections of their sites dedicated to job listings with environmentally friendly firms.
Ruth Spellman, Chief Executive of the Chartered Management Institute, echoed this sentiment. Speaking on This Is Money she said 'climate change cynics need to recognise the business case for going green.
'A typical employer is likely to use excessive amounts of paper, ink and electricity. If so, a few simple changes, such as printing double-sided or turning off computers at the end of each day could save money.'
New technologies could help boost a business's green credentials and help to reduce the amount spend on utility bills. Video, web and teleconferencing in place of travelling to meetings would help to save time, money and carbon dioxide emissions.
Setting month by month targets will help firms to keep track of their improvements and help them to identify further ways in which energy usage and CO2 waste could be cut.
Business is currently the biggest contributor of carbon waste in the UK, according to figures released by DEFRA (Department for Environmental, Food and Rural Affairs). Total emissions total 191 million tons of carbon in 2007, equivalent to 35% of the UK's total emissions.
The effect of environmentally friendly policies could be more far reaching than simply reduced bills and emissions. Recruitment researchers have found a link between levels of employee engagement and corporate sustainability policies, as green energy issues become increasingly important to younger employees.
In fact, the significance of CSR issues in the minds of employees has become so strong that many recruitment websites have whole sections of their sites dedicated to job listings with environmentally friendly firms.
About the Author:
Philip Youngwood is a freelance writer who has a partiulcar in helping businesses and homeowners get the best energy deals.
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