These days, there’s a lot of talk about the carbon footprint of products, services and even whole organisations, and which companies have announced how much they are emitting. But carbon footprinting your business might seem like more hassle than it’s worth, and not relevant to your organisation.
To help you see exactly what carbon footprinting could do for your business, we’ve assembled our top five reasons to carbon footprint in your business. These are all from our experience working with businesses, who have found out what their emissions are, and are seeing these benefits in their organisations right now.
1. Save money
Cutting overheads is a big priority for all businesses. Any costs that you can cut, goes straight on your bottom line. Knowing exactly where and how you are using your resources – and so generating a carbon footprint – is the best way to do this.
And a recent study suggests that electricity prices will rise by up to 88% by 2020. But if you know how and where you use your electricity, and other costly resources, you’ll be able to cut your costs, without cutting down on productivity.
Customers, stakeholders, staff and potential investors are all becoming increasingly aware of the environment, and there is a growing interest in businesses that show they are environmentally aware. 65% of consumers want to purchase products from companies that take environmental responsibilities seriously.
Knowing your carbon footprint – and especially taking steps to reduce it – sends a clear message that you know this, and are responding. And carbon footprinting is also a great way to get your entire supply chain involved as you work together to cut costs and emissions, for everyone’s benefit.
3. Get more work
Knowing your carbon footprint and being environmentally aware will open up new markets to your business. Public sector companies are now obliged to reduce their overall carbon emissions, and sustainability and CSR are often assessment criteria for public tenders.
And it’s not just the public sector – leading private companies often also have carbon reduction targets. If you know the carbon footprint of your products, and have taken steps to reducing them, you can help contribute to their sustainability and carbon reduction targets, helping you to stand out from the competition.
4. Be prepared – for regulation
If your industry is, or may become, subject to carbon reporting, monitoring your carbon footprint is the first vital step. If you have already got this sorted, your business will be sure to comply with all the regulations you need to.
But even if regulation of carbon emissions is still some way off for your sector, why wait? A Carbon Trust study last year found that 70% of the British public would like organisations to disclose their emissions. So making the first move with voluntary carbon footprint disclosure – and any plans you have to cut that footprint down – will make your company stand out to customers.
5. Find out how to cut your emissions
If your business is cutting emissions, you won’t be able to do it without knowing how and where you are producing CO2. And you won’t be able to see your progress and success without knowing where you started.
This is where carbon footprinting comes in. It is the best, most comprehensive way to measure your emissions, and will show you where you can cut them down.
Find out more about carbon footprinting – and what it could do for your business. CO2Sense has expert consultants that will give you consistent and transparent carbon footprint data about your products, services, and overall business activities.