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News - 9 August 2006

Environment Agency report highlights business opportunities

The Environment Agency's annual Spotlight report illustrates how good environmental performance can save you money and give your business a competitive edge.

According to the Environment Agency, good environmental performance could save UK industry £5.8 billion every year, enhance reputation with customers and investors, drive innovation and create markets; all giving business a competitive edge. 

Minimising waste alone could save UK Industry up to £3 billion in operating costs, energy efficiency another £1.8 billion and water efficency could cut bills by 30 %.

Good environmental performance can also make you money.  The Environment Agency reports that companies with high environmental standards can financially out-perform other companies by up to 43%.  Ethical investment is worth about £5.5 billion and ethical shoppers spend about £26 billion a year.

It would seem then to make sense for businesses, large or small, to consider their environmental performance and changes that could be made that will make them stand out from the crowd.

This is an opportunity not to be missed, but businesses don't have to do this alone.  A number of organisations can provide advice on resource efficiency and the savings that can be made. 

For further information and a copy of the Environment Agency's report click on the links below.

www.ecosys.org.uk

www.envirowise.gov.uk

www.carbontrust.co.uk

www.est.org.uk

 

 

 

Click here to download download a copy of the Spotlight report


Read related items on:
Climate Change
Environment Agency


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