How To Go Green and Increase Your Bottom Line
A company can derive maximum benefits by overall adoption of green activities intended at minimizing environmental pollution. Poor environmental conservation may result in adverse conditions like global warming which have impacted negatively on a number of businesses all over the world. Some businesses have had to be closed down because they could not hit the required environmental conservation standards of going green. In order to go green, a company identifies the parts of its operations that impact on the environment most.
There are a myriad of potential benefits to a company that can improve its bottom line including reduced costs on power, waste hauling and trash hauling costs. This saves the company a lot of money. The following are some ways on how to go green and increase your bottom line.
Go paperless as much as possible
It is a common tradition with many companies to print business circulars like memos and job advertisements before circulating them. However, this is not the best option given a lot of paperwork is involved leading to accumulation of trash which is not environmental friendly. To cut down on paper trash, you should consider going paperless as much as possible by going digital in your advertising. For instance, forward emails instead of circulars.
Managed Printing services
Managing your printing services allows you to save on paper supplies. In addition to going digital as mentioned above, take measures like using both sides of paper to make copies and use single spacing rather that double spacing. Managed printing services in the long run helps to save on supply costs and at the same time saving trees. According to a recent research done by Portland office of sustainable development, a company can save up to 35% on paper cost, especially by using recycled paper which is much cheaper.
Buy green office products
Green office products are those environmental friendly products which are made from recyclable materials or the ones which help you save on the use of resources like power. For instance, energy saving bulbs is the best example of a green product you can incorporate into your office shopping list. Research has confirmed that energy saving bulbs can save about 75% of power compared to traditional bulbs. You should also embrace the use of recyclable paper which can help you save approximately 20% of your printing costs since it is cheaper than regular printing paper.
Conserve energy by powering down
The use of energy saving bulbs is not enough to cut down on energy utility costs at your work place. It is estimated that a business can cut down on power consumption by about 30% per year according to a research conducted by the US Small Business Administration. This can be achieved without compromising on quality of services a business offers or employee comfort. One of the best ways to conserve energy in the workplace includes installing energy-efficient windows and HVAC systems.
Adopt a composting program
This is the best idea for restaurants to go green by allowing them to minimize on the amount of food garbage and hence save on money. Composting programs turns food which would otherwise be thrown away into forms which can be disposed safely. This saves the business on the money it would spend on hauling trash bins.