Business benefits from reducing waste
Waste is a symptom of an inefficient process. Waste is materials that are paid for and subsequently rendered useless. More money is then paid to dispose of them.
Increased profits
Most businesses can identify significant savings by being more resource efficient. The Invercargill branch of PlaceMakers achieved a 50 percent reduction in waste disposal costs within a one year. Craigs Design and Print save $5,000 every year in rubbish skip costs simply by recycling their waste.
Corporate social responsibility
Organisations can not longer afford to ignore the growing environmental and social awareness of customers, employees and potential investors. Failure to take action could affect your businesses reputation and profitability.
Competitive Edge and Reputation
Customers and investors are actively seeking environmentally friendly products and services. Businesses that are resource efficient motivate people and other businesses to do the same.
Resource efficiency is becoming increasingly important to everyday business practices due to:
- Legislation
- Pressure from suppliers and customers
- Increasing resource costs
- Rising costs of waste disposal.
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