Why Environmental Best Practices In Business Create Positive Cash Flow

Whether you believe in global warming, climate change and depletion of the ozone layer or not, the fact is that utilising environmental best practices is good for business and you’re already helping but you don’t realise it.

Consider this. You leave the office at the end of the day, the lights and air conditioning are left on. Or you make sure that the last person to leave the office, turns off all the lights and the air conditioning too. Which option would you choose? You’d choose the option to turn off the lights and air conditioning, wouldn’t you? Why? Because it will save on your electricity bill, that is, it will reduce your costs, increase profits and improve your cash flow. At the same time, it will improve your carbon footprint. But I get it. The primary reason for flipping those switches off at the end of the day is to save money. You’re not really thinking about the environmental impact.

Or consider this. You have the option to use vans to deliver your products or you have the option to use bicycle couriers to deliver your products. Now, let’s assume that there’s no significant difference in cost per delivery between the two options. But the van drivers don’t like delivering to the CBD and nearby suburbs as there’s no parking and they have to walk long distances to get to the delivery destinations. Bikes on the other hand can ride up to each address, park their bike and walk straight in. What choice do you make? I know one company that chose bike couriers. Given the assumption that the costs were the same, there would be no financial gain in using the bike couriers. However, relationships were improved with no more whinging and whining and refusal to take deliveries from the van drivers. As an added bonus, there’s a positive environmental impact.

I challenge you to think about what you’re doing in your business where as a by-product of the action, you are helping the environment. 

But you can’t say precisely how much impact you’ve made unless you undertake scientifically-based calculations of your carbon emissions. 

Want to learn more about how to get started?

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We are proud to advise that this article was written by the team and not produced by AI.