Now more than ever we are hearing of businesses taking a more eco-conscious route when it comes to their daily practices. This could be the energy they use, employee and customer incentives, recycling, planting greenery, and so on. These steps and more can all lead to a happier, healthier planet which is extremely important with the way things have been going. So, in this article we are going to take a dive into the main reasons why so many businesses are making the choice to operate with the environment in mind – it goes far past just helping the planet. Let’s get into it.
More Evidence of Climate Change
As the impact of climate change is more prominent than ever, with forest fires spreading across the globe and endangered species reaching extinction, the time for rapid action is now imperative. A lot of countries are listening up and taking the necessary steps to become more eco-friendly through renewable energy sources, as we can see from an overview of the PPA prices in Europe. When businesses choose to use solar power, for example, they are greatly reducing their carbon footprint. If all the businesses in the world took these steps, then this would massively slow down the negative effects of the excessive usage of harmful fossil fuels.
Long-term Financial Savings
Once set up and ready to go, many eco-conscious ways of working can actually help businesses financially. This could be automated lighting that turns off when nobody is in the room, going paperless, or recycling in-office. These are relatively straightforward to arrange, and once they’re in place you’ll quickly adapt and start seeing the benefits in the business bank account.
Net Zero Target
A number of the richest countries in the world have agreed to reduce emissions by 45% by 2030 and reach net zero by 2050. The first target is drawing ever nearer each year, so many governments offer businesses incentives, grants and schemes to become more eco-friendly. It’s a good idea to look into this to see if you could be eligible. Governments want to encourage and reward businesses that help them to reach their own decreased emission goals.
To Have the Edge on Competitors
If you are a green company, you will appeal more to people who value sustainability. This goes for investors, customers, employees, and so on. It will give you an edge on your competitors who don’t go the extra mile in regards to being eco-conscious. Every little helps.
Technological Advancements
These days, there’s no excuse not to go down the sustainability route. Eco-conscious technology is better than ever and can not only do good for the planet, but also your business. For instance, there are plenty of benefits to opting for solar or wind power options over fossil fuels. The energy industry and blockchain may even be able to go hand in hand in the future, which would prevent the chance of renewable energy fraud, whilst creating a peer-to-peer energy marketplace. Renewable energy is the future!
