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Banking and Financial News
Green business initiatives 'cost-effective' - 11/07/2007
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Green business initiatives not only benefit the environment but can be cost effective for businesses, according to Global Action Plan.
A spokesperson from the practical environmental charity, Charlotte High, said that "going green" can be "highly cost effective" and can be achieved through low-cost and even zero-cost measures.
Some of the moves she recommended included reducing paper consumption in offices and reducing waste.
Ms High, SmartWorks programme manager at Global Action Plan, said: "Going green can be highly cost effective for small businesses as environmental savings often translate into financial savings as well.
"There is plenty you can achieve through low cost measures such as looking at business processes and installing low tech changes.
"Businesses we've worked with have made significant savings through looking at their operations and identifying energy and waste efficiencies.
"Offices can make a difference too," she added.
"For example through some no-cost measures an office we worked with recently managed to reduce its annual paper consumption by 28 per cent - saving £800 a year in itself, not to mention the extra costs they would have incurred having most of that very same paper disposed of later on."
Global Action Plan was created in 1993. With offices around the world, it focuses on people and how they can take practical action to help the environment in their everyday lives.
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