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You are here: Home / BUSINESS / Benefits Of Introducing A Company Environmental Policy

Benefits Of Introducing A Company Environmental Policy

8 May 2018 by Australian Women Online

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Benefits Of Introducing A Company Environmental Policy

Stock photo by fotolia

Nowadays, we all have a duty to do our bit for the environment. It does not matter what type of business you run – be it a financial services firm or a manufacturing company – you need to make an effort to reduce your environmental impact. However, implementing an environmental policy offers many more benefits than you may realise.

Read on to discover everything you need to know regarding the reasons for introducing an environmental policy at your business.

The environmental impact

Of course, there is only one place to begin, and this is with the benefits to the environment. You don’t need us to tell you that humans have done exponential damage to the planet over the years. It is only now that most of us are starting to realise the real impact that we are having. Companies, especially, are responsible for a large amount of waste that ends up landfills, as well as noise and air pollution. Businesses, therefore, have a duty to look for ways to make their practices more efficient and to reduce their negative environmental footprint. By doing this, we can ensure that our planet survives and thrives, and this is the main reason to put together an environmental policy.

The cost impact

However, by doing so, there are a number of other benefits you will gain in the process. This includes creating a business that is more sustainable while reducing your costs in the process. There are a number of methods you can use to make your business more energy efficient. Click here for further information on your options regarding solar power wind power and such like. While these approaches may require you to invest a bit of money to begin with, you will soon make back this money and much more because you will reduce your utility bills. Not only this, but you are future proofing your business by moving from reliance on non-renewable resources to renewable resources.

 There are a number of methods you can use to make your business more energy efficient

There are a number of methods you can use to make your business more energy efficient. Photo credit: www.pexels.com

The employee impact

The third benefit that is associated with implementing an environmental policy is that it will increase job satisfaction employees want to work for companies that have good morals and ethics. They want to work for companies that care about the planet. By aligning your goals with that of your employees, it will increase their job satisfaction and this will boost employee retention rates in the process. Your workforce will feel like you are giving them a channel to do their bit for the environment too, and this can only be a good thing. You could even consider running competitions to see which employee can reduce their carbon footprint by the greatest amount. Carpooling and biking to work should be encouraged, for example.

The customer impact

Last but not least, we have the customer impact. There is no denying that implementing an environmental policy will help you to look good in the eyes of your consumers as well. This will show your business as a responsible and trustworthy company that cares about the environment. People will be more likely to do business with a firm like this as opposed to one that has no care for their carbon footprint. Also, make sure you publicise your environmental efforts. Do not only praise yourself for the work you have done so far but outline the improvements you need to make and your commitments going forward. You need to show that you are committed to constantly improving your eco-friendliness and helping to protect the planet.

As you can see, there are many reasons why you should introduce an environmental policy at your business. Not only will this ensure that your company is acting responsibly and doing your bit for the planet, but it can also reduce your on-going operational expenses. Moreover, it can make your employees feel satisfied with their job and it can boost your brand image, as customers will see that you are a responsible and an ethical business. So, what are you waiting for? Start putting together your environmental policy today.

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