When it comes to considering the impact of our activities on the environment, the initial cost is often one of the first obstacles many businesses face. Eco-friendly products can sometimes feel like a hefty investment compared to their non-green alternatives, deterring companies from making the switch. However, when you weigh the long-term savings, many sustainable choices quickly pay for themselves.
For example, a reusable beeswax food wrap set may cost around £5, while a roll of clingfilm could be as low as £1.25. But you would go through that roll of clingfilm quickly—let’s say in a month—meaning you’ll be buying it again and again. Over the course of a year, that’s a total of £15, compared to the £5 for a beeswax wrap that will last all year.
The key takeaway? Eco-friendly practices not only help the planet—they often save you money over time.
Corporate Responsibility = Increased Sales
nterestingly, Harvard Business Review found that companies practicing corporate responsibility can see their sales revenue increase by up to 20%. In a world where consumers are increasingly concerned about sustainability, being a green business gives you a competitive edge.
How Can ISO 14001 Save You Money?
Implementing ISO 14001 (Environmental Management System) might come with an initial investment, but the long-term savings are significant. By working with our expert consultants at Candy MC, we help businesses identify opportunities to reduce costs while improving their environmental impact. Here’s how:
- Streamlined Processes = Reduced Waste & Increased Productivity
Our consultants often identify areas where business processes can be optimized, leading to less waste and higher productivity. When employees are clear on their roles and processes are more efficient, they work smarter, not harder—leading to greater output with fewer resources. Studies have also shown that ISO standards have a positive effect on employee satisfaction, as they feel they are contributing to meaningful, impactful work. - Improved Energy Efficiency = Lower Bills
ISO 14001 helps companies optimize energy consumption, which directly reduces energy costs. Implementing more efficient energy practices and renewable energy solutions not only saves your business money but also lowers your environmental footprint—making it a win-win for both your bottom line and the planet. - Lower Public Liability Insurance Costs
Did you know that ISO 14001 can help lower your public liability insurance premiums? By demonstrating your compliance with environmental standards and showing that you’re actively reducing your carbon footprint, insurers often reward you with significantly lower rates—helping you protect your business without breaking the bank.
Ongoing Improvement for Continued Success
ISO standards, such as ISO 14001, are designed to ensure continual and consistent improvement. With the right implementation and support, you can evolve your practices over time, adapting to new challenges and opportunities, ensuring long-term sustainability and success.
Stand Out and Save This Year
Ready to reduce costs, help the environment, and give your business a competitive edge? Implement ISO 14001 this year with Candy MC and start seeing the benefits.
Get in touch today and speak to one of our consultants to learn more about how ISO 14001 can save you money and make your business more sustainable.