Sunday, 8 December 2024

7 ways to become an eco-friendly business

7 ways to become an eco-friendly business

Even if you’re not a green tech company (let’s face it, we can’t all be that cool!), there are plenty of ways your company can become an eco-friendly business.

Track your carbon footprint

The biggest problem our planet faces right now is global warming due to the presence of greenhouse gasses (mainly carbon dioxide) in our atmosphere.

The private sector is one of the biggest carbon dioxide producers, which means the best (and fastest) way your company become environmentally friendly is by tracking your carbon footprint. Only once you’ve got a clear picture of your impact can you then make plans for reducing it.

Conduct a life cycle assessment (LCA)

No matter what kind of products or services you provide, you can conduct a life cycle assessment (LCA) on each of your products or services.

Reduce your carbon footprint

After you’ve put tracking in place and/or conducted a life cycle assessment, now you can start to reduce your carbon footprint reduce your carbon footprint. You might start with cutting down on business travel, switching to clean energy providers, installing LED light bulbs to improve your energy efficiency, and engaging with environmentally friendly suppliers.

Overview of Greenly's interface for carbon footprint

Offset your emissions

Go carbon neutral or net zero by first reducing your carbon output as much as you can, and then purchasing offsets or removal credits to compensate for the impact of your essential emissions.

Go zero-waste

Assess your company’s waste and commit to zero waste business principles. Recycle as much as possible, carefully consider new products and procedures, and purchase used and recycled items where you can.

Report on ESG

Although many companies around the world aren’t yet legally required to publish ESG reports, doing so can help you measure and reduce your environmental impact, set targets, stay accountable, and communicate your environmental commitment both internally and externally.

👉 Plus, companies with better ESG scores have higher ROI, lower risk, and better resilience in crises.

Fund environmental projects

Consider donating to environmental initiatives, either locally or internationally. Many projects need help getting off the ground or require continued support from donations.

Although we often talk about environmental impact in terms of reduction and mitigation, donating to worthy projects is a great way to go beyond simply minimizing your negative impact, by making a positive environmental impact. And if you don’t have the cash for it, consider giving employees paid time off to volunteer for an environment-related cause. Here are some important environmental organizations you can donate to today.

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