• 21 July 2015

Achieve better business performance through energy efficiency

Could your business be more energy efficient? In a new article, produced exclusively for International Workplace, Project Lower provides its top five tips for reducing energy bills and improving your business performance.

Improving your business through energy efficiency

Climate change and global warming have impacted businesses around the world, providing organisations with greater insight into the effects of over-zealous energy usage.

By taking the time to work on improving their energy efficiency, many businesses are finding that they can not only reduce their carbon footprint, but also save money in the long run.

How exactly can improving your energy efficiency help your business?

There are endless environmental reasons as to why your company should be performing to a high standard regarding its energy consumption. However, there are also valuable business reasons for creating an energy efficient workplace:

  • Save money – the cost of energy is increasing. Until you can implement new, efficient technologies that utilise renewable sources, saving energy wherever possible is the simplest and quickest way to reduce your energy bill.
  • Attract customers – the majority of customers prefer to associate with businesses that are noticeably environmentally responsible.
  • Attract employees – 61% of UK employees would feel happier if their offices were more environmentally friendly.
  • Increase the value of the property – whether you own or rent the property, maintaining a high level energy performance is recognised when buildings are valued.

Five steps to creating a green workplace

42% of office workers in the UK believe that the recession has made workplace sustainability more crucial than ever. It is therefore vital that your organisation gets off on the right track when creating an energy conscious environment.

Here are five steps to ensure that your business achieves its energy goals:

  1. Conduct an energy audit of your business – take note of your monthly bills and monitor meter readings to gain an understanding of your energy consumption so that you can assess where savings can be made.
  2. Find out how much you are paying your energy supplier and shop around – if your energy bills seem excessively high, shop around for quotes from alternative suppliers to ensure that you are getting the best energy deal possible.
  3. Alter habits throughout your workplace – introduce recycling bins, switch to energy saving light bulbs and make sure employees are turning off all electrical appliances (with the exception of white goods) at the end of each working day. A single computer left to function for 24 hours could be costing your business up to £50 a year.
  4. Encourage sharing and caring – Incentivise the small things such as making hot drinks in rounds and car-sharing to help employees get into and maintain greener practices.
  5. Make use of digital tools and resources – distribute reports and other documents on Cloud based sharing platforms to reduce your paper use and wastage. This should be similarly borne in mind when preparing for meetings; do you need to provide print outs for all attendees or can you put the presentation on a screen and share with the group at a later date?

Maintain efficient practices to reap business results

Changing the way your company perceives its responsibility to the environment should be a part of a long term strategy to becoming a sustainable workplace, and it is important to recognise that you may not reap immediate results. But rather, in order to reduce your energy costs and improve your economic efficiency, it is vital that you take the above steps and maintain these habits in order to achieve the desired effect.