10 February 2010 | Luca Del Buono
Carbon, Climate Change, Energy, Finance/insurance, Water, Europe, North America

 

Pretend with me for a moment global warming is a hoax. It's the Y2K for 2010 and an excuse to push an agenda. All the same, that doesn't mean that paper, water and energy waste doesn't cost businesses profitability.

Right now, everyone not-named Bill Gates wants to save money while the globalised economy tries to recover.

Going green is good for the environment, but it's good for the wallet too. Energy prices are unquestionably rising. Oil prices, natural gas, and electricity are all likely to increase further.

In the long term, water will become a scarcity. Paper, an essential office commodity, consumes a great deal of energy and water to manufacture. In the United Kingdom, 4.5% of business profit is lost simply due to energy waste.

The key is to jump ahead of the curve before these costs rise further and before the government begins to penalise companies that fail to curb energy use.

By tracking the costs and setting benchmarks you can curb waste, limit climate change, and make money; sustainability software provides the information on supply consumption and how to reduce it.

Everyone wants to spend less money on waste and its easier to achieve when waste is quantified and targeted. Companies like Adobe, Ford, Sunoco, and Aerojet have made the investment. Since, Adobe has seen 37% in energy savings, 41% in water, and found 94% of their waste diverted.

You don't need to be an environmentalist to understand its foolish to spend money on wasted supplies, but you might become one once you see how much money you save.

Author: Michael Good | Climate Action

Images Provided By: The Truth About... | Flickr

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