Tuesday, September 1, 2009

Going Green Could Save Businesses Billions

A recent report by energy saving experts has suggested that businesses could make massive cost savings by implementing changes to their energy usage. The joint report by the Energy Saving Trust (EST) and the Environment Agency found that up to 3.5 billion pounds could potentially be saved through green energy measures.

Speaking to This Is Money, Ruth Spellman, Chief Executive of the Chartered Institute of Management, agreed. 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.'

A business's green credentials could be boosted through innovative uses of new technologies, which can also help to cut expenditure. Trying video, web or teleconferencing instead of travelling long distances to meetings would save money, time and CO2 emissions.

Progress should be monitored on a month by month basis so that firms can track exactly where improvements have been made and where further effort needs to be placed.

DEFRA released figures which outlined that business is the biggest contributor to CO2 waste in the UK. Their emissions added up to 191 million tons or 35% of UK carbon emissions in 2007.

The benefits to business of going green could go much further than simply cost and carbon emission reductions. Increasingly, green energy issues are becoming important to employees and recruitment researchers have found a link between employee engagement and corporate sustainability.

Monster has been one of several firms to dedicate a section of is careers site to job listings with environmentally friendly companies, highlighting the importance of CSR in the recruitment process.


Philip Youngwood is a freelance writer who has a partiulcar in helping businesses and homeowners get the best energy deals.

Get all the information and photos:: http://coringa.info/business/going-green-could-save-businesses-billions

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