Workplace Safety Mistakes

Being a sustainable business not only protects the environment but also helps increase productivity and reputation. Here’s how…

Have you ever thought about how your business impacts people, society and the environment? Do you have progressive environmental and human rights policies in place?

This approach is called sustainability.

Sustainable business or green business strives to minimize negative impacts on the global or local environment, economy, and community. For example, it stresses the supply of eco-friendly products and services. Besides, a sustainable business also has waste disposal policy.

Can sustainability benefit your business? How going green and productivity are interrelated?
As customers are getting aware of environmental issues, they are likely to buy from a sustainable business. No wonder that big brands like Nike, Unilever, Walmart, and IKEA are serious about waste disposal, carbon footprints, climate and water efficiency.
Here’s why sustainability is important for your business success.

Giving You Competitive Edge:

More customers are likely to purchase from companies that practice sustainable habits. They consider a company’s impact on the environment. According to one study by HP and Planet Ark, Australian consumers are willing to spend more money if a product is eco-friendly. The study also revealed that more than 90% of Aussies are concerned about sustainability and the environment. That’s why being a sustainable business can be beneficial for your brand image.

Improving Production and Minimizing Costs:

The way your business use your water, waste, energy and other resources can help you minimize costs. For example, using energy efficient lightings will help you save more on energy bills. Getting your dripping taps or faucets fixed will save you water bill and water as well. Many businesses use geothermal heating and cooling systems at their workplace. Although they may seem expensive investment, it will help you save resources and costs down the line.

Encouraging Employees to Stay with You:

Like customers, employees want to work with organizations that practice sustainability. According to one survey, the majority of Australian employees want their organization to be sustainable.

It Helps You Comply with the Regulations:

Environmental laws in Australia are complex. They vary based on territories and imposes a large number of obligations on companies. Violations attract great penalties and, with managers and directors being personally responsible, the exposed risk in this area is huge. Becoming a sustainable business means you are taking care of your environment and communities as well. It will help you avoid getting penalized.

So these are some benefits of becoming a sustainable business in Australia. To know how to make your business sustainable, it is better to work with an environmental auditor or workplace health and safety consultant in Australia.