Finance

Earning Money While Saving The Planet: How To Go Green For Profit

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June 21st, 2018   |   Updated on April 13th, 2023

While more and more businesses are starting to realize the importance of adopting environmentally friendly policies to leave as less of an impact on the planet’s health as possible, a lot of businesses are still not that fond of it because they think it’s not a profitable path to take for a business.

The truth is far from it for more reasons than one, and on that note, we will now take a look at a few clever ways in which a business can combine sustainable business practices with profit.

 

Saving on Heating and Cooling

Every year, businesses lose out on a significant chunk of money just by paying more for heating and cooling than they should need to. This is a result of the heated/cooled air escaping outside. Once this happens, the HVAC systems need to work hard again to bring down or push up the temperature inside.

This is an ongoing cycle that pushes up the power bill sky-high. To avoid this, try the following tips and save a significant chunk of money, as well as contributing to the green movement by reducing your power consumption needs significantly.

  • Switch plates and outlets on the outside walls should be insulated with foam gaskets
  • Seal all office windows adequately
  • Make sure that doors and windows have rubber sweeps to improve the insulation
  • Make use of programmable thermostats to keep power consumption to a minimum

 

Saving on Lighting

We all know that LED lights use less power and are safer for the environment as well, but that’s not all there is to smart and eco-friendly lighting in a work environment. It’s also about putting in a lighting system that’s efficient enough to achieve maximum illumination, without having to add a single more lightbulb than is necessary to achieve it. For expert advice on how to go about this in the best way possible, contact Conservergy for their free and no-obligation consultancy on energy-efficient lighting solutions.

 

Smart Power Strips and Switches

Even when you have turned off the computers and other machines, they continue to draw tiny amounts of power from the regular outlets, unless every switch is turned off manually or the machines are unplugged. In a residence, this latent consumption of unnecessary power may not feel like much, but when it comes to the workplace, where hundreds of switches might be drawing power unnecessarily, companies lose money by the buckets. Install smart strips and switches which completely stop power from leaking out into switched off machines.

 

Cut Down the Paper Costs

Paper comes from trees and the paper industry is a prime reason as to why deforestation has become one of the most threatening dangers to the planet’s safety right now. Therefore, it is necessary to reduce your paper consumption by going digital as much as possible, but that is not always an option while running a company. When using paper is necessary, employ the following measures to save a fortune on paper expenses.

  • Switch to duplex (double-sided) xerox machines and printers to make use of both sides of the paper
  • Make it a policy among employees to use the duplex setting while making copies, as often as possible

Consider the tips here to be just an introduction to the concept of how much money can be saved by being an environmentally friendly company. There are so many other ways for a business to save money and the planet at the same time that once the potentials are realized, you will probably wonder why you didn’t start earlier.