Going green can be a major advantage for business in many ways. First of all, you have the increase in sales. 72% of Generation Z said they would be willing to pay more for services if they came from a sustainable company. You also have the environmental advantages, as well as the advantages within your workforce. This guide is going to discuss all of them so you can make an informed decision about your green policies.
1. More Sales
As mentioned before, there’s competitive advantage to companies deciding to go green. The reality is that people do consider sustainability to be a top priority for them. They want to do good in the world, and they believe they can do that through being sustainable.
Generating more sales is a priority for anyone who wants to do well in business. Display your green credentials and the evidence shows you’ll be rewarded.
2. It Creates More Employment Opportunities
Companies should consider the impact on their community of going green. They need to take into account the impact they’re having on the local area. It can have an effect on how you’re perceived locally and nationally. Companies that care about their local community are much more likely to gain business because they’re showing that it isn’t all about the money.
One study revealed that after investing $506 million in climate resilient properties it created over 7,500 full-time jobs. As you can see, going green can be life-changing for so many people. Making this sort of impact on the world can do so much for your brand’s image.
3. Boost the Morale of Your Workforce
The reality is your workforce’s morale is everything, if you want to get the best out of them. A team that doesn’t believe in what you’re doing is never going to give their jobs their all. They will do the minimum so they will not be fired.
Boosting the morale of your workforce should be considered a top priority for any CEO. Believe it or not, going green is one tool you can use to boost the morale of your workforce.
The average person wants purpose from their jobs. They want to find something worthwhile in what they’re doing. Unfortunately, not every job is going to give people that because it’s a boring job. It’s difficult to show people how they’re changing the world.
Reposition your company and dedicate some of your profits to going green. People are going to see that they’re making a difference because their company is investing in the future. Bring them into the decision-making process and watch how much their passion and enthusiasm grows.
4. Save Money
You can adopt green policies in a number of ways. You don’t necessarily have to start up a foundation dedicated to stopping deforestation in Brazil. It can be as simple as switching your energy suppliers and installing recycling bins inside the office. Every little bit can make a huge difference in the grand scheme of things.
Most green policies can actually save you money. Use less energy and you’ll be paying less to heat and power your office every month. Over a year or two you will find that you’ve saved thousands of dollars. And the changes don’t have to be disruptive. A simple change in your habits can make all the difference.
5. Use it to Market Yourself
What a lot of people don’t realize is they can easily promote their brand based on their green efforts. A lot of people are receptive to green initiatives, so it can be used to improve your image. Just make sure you’re relating it back to what you actually sell and you’ll be shocked at how people respond to your campaigns.
Experiment with your green initiatives and find something your target audience is interested in. As already mentioned, the general public loves it when the companies they support invest in the world they live in.
So How Do You Get Started?
Now you know how beneficial going green can be for your company it’s time to start thinking about taking action. Getting started is easier than you think because all you have to do is begin looking at some of the options open to you. It can be as big or as small as you like. There are no limitations on what you can do and no limitations on what you can accomplish.
What do you think is the best way for your company to start going green?