Making your business more sustainable can save you money in several ways. Firstly, any energy-saving improvements should lower your electricity use and cut your monthly utility bills. Taking steps to create a more eco-friendly business should also attract a wider range of potential customers and improve your overall brand image by showing your support for a healthy and sustainable future. This should help you increase sales and profits in the long-run. With this in mind, here are some of the best ways to make your business greener and save money.
Switch to renewable energy
Switching to renewable energy is one of the biggest steps in creating a greener business. Traditional fossil fuels like coal and gas produce large volumes of carbon emissions which contribute to global warming, whereas renewable energy comes from green sources and causes no damage to the environment.
There have been significant developments in the renewable sector in recent years and modern businesses now have easy access to clean, renewable energy like wind and solar power. Many companies have had solar panels installed on their business premises to generate their own source of green energy. Besides the obvious environmental benefits, solar power can also save your business money as it is cheaper in the long-run and you won’t have to worry about electricity price increases in the future. Alternatively, you could consider switching to a green energy provider who produces energy from renewable sources. Switching providers is simple and you may be able to secure much lower and more affordable business energy rates for your company.
Book an energy audit
Having an energy audit carried out on your business premises can be an excellent way to reduce your energy use and lower your carbon footprint. During an energy audit, a certified assessor will inspect your business premises and provide a detailed assessment of the energy efficiency of the building. You will also receive recommendations on how to make your business premises more energy-efficient and reduce related costs.
Some common energy-saving upgrades include installing additional insulation, sealing cracks, upgrading to energy-efficient appliances, and maintaining HVAC systems. According to experts, a quality energy audit can reduce energy costs by 10% to 40%. For that reason, it is always worth having an up to date energy audit carried out on your business premises to help you identify ways to improve efficiency and cut unnecessary expenses.
Create a business recycling program
Businesses produce huge volumes of commercial waste, and this must be disposed of in a way that is eco-friendly and responsible. Research has found that a massive 70% of a business’s landfill waste can be recycled. You can easily reduce the amount of waste ending up in landfills by creating an efficient business recycling program. Make sure you start by identifying what waste products can be recycled within your business and try to avoid using items that cannot be recycled. Once you have a recycling program in place, you must get your employees on board with your green policies. Offering incentives can be an effective way to encourage and motivate your staff to follow green policies in the workplace.