Green technology does more for the business dynamic than merely helping the environment. While this may be an honorable cause, eco-friendly technology could be used to enhance the workplace. From financial boosts to productivity, you may find a lot of benefits by adopting a “green” platform. Read our recent article on 5 must-have products to go green at work. Here are several of the most prolific changes that could be made in the business that could impact your success.
1. Reducing Energy Bills
One of the most obvious benefits of going green in the workplace is reducing the energy bills. Small changes such as using LED lighting can save some money in operational costs each month, but more significant changes could greatly reduce spending. Energy efficiency can be implemented in many ways from the insulation of the building to smart windows that offer shade when ultraviolet levels increase. Through eco-friendly technology and affordable additions, you could reduce energy spending by more than 50 percent each month.
2. Reducing Water Use
While water may be cheap in some areas, technology can be utilized to reduce the use of this component in the workplace. Bathrooms, drinking fountains and gardening are three of the most common uses of water in many businesses. Aerated faucets, efficient toilets and outdoor timing systems could greatly cut into the monthly water bills. Many companies will install motion-sensing faucets which will automatically turn off when no movement is detected. Some businesses have been able to reduce water waste by more than 1000 gallons per month by installing these kinds of appliances.
3. Less Waste in the Workplace
Many organizations pay for the amount of trash that is discarded each month. A lot of these businesses will also pay for paper-shredding services such as insurance companies and those who process confidential information. Moving to a paperless system eliminates a large portion of the waste in the workplace. This has potential to save money in those services as well as reducing the company’s carbon footprint.
4. Reducing General Office Expenses
Utilizing more green technology in the business will also reduce general office supply expenses. While paper may be the most obvious product, take into consideration everything else that is related. Spending for pens, paperclips, markers and more can be reduced by moving into a digital platform. How much does your company spend on printer ink, maintenance and replacements each year? A digital and green system reduces all of that spending. Additionally, your storage for these items could be decreased in order to make room for other equipment and needs.
5. Improving Productivity in the Workplace
Many eco-friendly pieces of technology also deliver improvements for productivity. For example, it’s much easier to find digital documents on the Cloud than to sift through a filing cabinet. Mobile devices, messaging systems and even appliances that improve air quality can make an impact in how people perform their jobs. Some organizations have reported a 25 percent increase in productivity throughout the week by moving to a digital platform. This increase could lead to additional revenues depending on the types of services the company delivers.
6. Improving Budgets for Greater Income
Moving to a green platform has great potential to save money across the board. These savings can then be utilized in other aspects of the business to generate even more revenue. For instance, money saved in electricity bills can be used to improve marketing or product enhancements in a store. It may be possible to reinvest that money for other facets that could improve the business even further such as hiring additional staff or investing more in social media.
7. Improving Employee Health
One of the most effective benefits in the workplace from eco-friendly technology is the aspect of improving employee health. Air quality, temperate climate and other factors can lead to staff calling in sick. This causes a trickle-down effect that makes the business less productive throughout the day. Air purifiers, proper air filtration on HVAC systems and more can offer a healthier workplace. Even the thought of working in a better environment could improve employee morale, which often leads to greater productivity.
8. Improved Disaster Recovery
Green business methods could help the organization recover from even the most devastating of disasters. This is one of the most promising aspects to implementing Cloud-based business services. Important documents, payroll, customer information and more can all be saved online allowing you to immediately get back to work after a catastrophe. Depending on the type of business you operate, it’s theoretically possible to work out of a garage after your establishment has been devastated by a tornado. This alone has potential to save in hardware expenses, technical support staff wages and networking maintenance.
9. Attracting More Customers
There are more people who are conscious about the environment of Earth than you might realize. One out of every five consumers is likely to spend more money with an eco-friendly business. By marketing your company to the general public as being “green,” it could experience a boost in sales and leads. In fact, many hotels have seen a significant influx of customers because they advertised things like solar panels and water-conscious fixtures.
10. Tax Benefits
Depending on the technology you implement, there could be tax benefits for those green devices. For instance, solar panels are still an effective way to receive a tax break worth more than 30 percent of the total installation cost. This doesn’t include the monthly savings in energy expenses. However, you’ll need to look up your area for local benefits. Some cities offer more of a break than others. In any case, reaching for a green business certificate or ranking could reduce your tax liabilities each year.
11. Social Responsibility
Corporate social responsibility is an aspect that more businesses should keep in mind. As a pillar in the community, you can lead by example when it comes to environmental awareness. Many businesses consume more resources in order to stay in operation in comparison to private residences. It would only make sense to reduce the amount of waist that is produced in order to maintain the local environment. By demonstrating how it’s done, those in your community may follow.
These are only a handful of benefits that come from using green technology. As manufacturers become more conscious of the environment, alternatives for many common devices and tools are constantly being developed. Nearly every aspect of almost any business can now be enhanced with eco-friendly technology and products. Consider how this kind of technology can be used to enhance your business practices. You may find other benefits that are not in this list.