How to Make Your Business Sustainble
Sustainability is the buzzword of the present and the future, but the word might inspire some discontent with business owners who think that sustainable business practices are more expensive. However, 73% of millennials say they would prefer to buy from a sustainable business meaning that making a business sustainable is worth serious consideration.
The target for any business that wants to be sustainable needs to be Net Zero, which is the UN’s aim for 2050. Net Zero means that carbon emissions and greenhouse gas output are exactly equal to the carbon that’s absorbed by the earth and by carbon capture technologies.
Many businesses think that making their business sustainable costs money – it might in the short term – but it also supports innovation and improves the brand’s reputation. Start by creating Net Zero targets for your business and contribute to society’s broader ambitions.
If you want to make your business sustainable and align with Net Zero targets, you need to pay attention to your energy consumption. Commercial energy consumption is easy to forget about as long as the lights are on and the machines are operational, but important cuts can be made.
Commercial energy can be reduced by using smart meters to monitor consumption and switching to a renewable energy supplier. Businesses can also apply for an energy performance certificate to ensure they are compliant with the latest standards. Savings can also be made.
Every business creates waste, but there are best practices to follow that make your business more sustainable. Not only should you pay attention to your waste cycles, but consider buying recycled, reconditioned, and upcycled products for your office, store, or workplace community.
Office-based businesses that use a lot of paper can buy recycled paper and cut down on water usage in the production process. Technology is also a key waste item for businesses, but again, reconditioned technology is an excellent alternative. Use less and join the circular economy.
The business world is becoming more conscious of its materials and packaging for two reasons; first of all, customers are starting to demand bio-degradable packaging for their products to cut down on plastic waste, and at the same time, governments are supporting them with legislation.
Make sure your business is sustainable with biodegradable packaging and argon gas bottle that improves your brand and supports your Net Zero strategy. Instead of plastics, you can use cardboard, recycled materials, and organic fabrics; then, you don’t have to worry about disposal.
Another important factor in making your business more sustainable is the supply chain. Of course, businesses need a manufacturer, warehousing, and distribution, all of which create carbon emissions that affect your Net Zero targets. But a supply chain can be sustainable.
The first thing to consider is the proximity of the manufacturers and distribution chains to your customer base. It might be more expensive to manufacture products at home, but it creates a more sustainable business that strengthens your brand and makes the business more resilient.