Green Value Articles
- Article 5 – 7/6/2018
- Article 4 – 22/5/2018
- Article 3 – 15/5/2018
- Article 2 – 7/5/2018
- Article 1 – 1/5/2018
Why would a Finance Director be responsible for sustainability?
At their core, both finance and sustainability look to the future, so there are opportunities to align them successfully
Adnams plc, the award-winning brewery and distillery in Suffolk, are demonstrating the success of linking together Finance and Sustainability under the directorship of Richard Carter. With his leadership and Ben Orchard’s management, Adnams:
- Save over £50,000 per year on their energy costs with the eco-distribution centre (This could generate an equivalent profit similar to gaining £250,000 of new business as explained in our previous article 22/5/2018 below)
- Save over £25,000 per year by reducing the amount of glass in the bottles as well as a 21% carbon saving
- Send zero waste to landfill
- Source 100% renewable electricity for their business operations
Adnams are currently looking at aligning their activities to the Sustainable Development Goals (SDGs) to understand their wider social impacts.
Where does Sustainability sit in your organisation?
Your Finance Director can find many ways to generate savings by going green. The question is “where to start”?
Saving £10,000 can be the same as winning £50,000 of new business
Every pound you save through cost reduction is far more valuable than the pounds that come from sales and delivers that value year on year
A pound generated from a sale is reduced by the cost of that sale (commissions and other sales costs, the expense of the product or service you are selling and administrative or overhead costs). In fact, a net profit is all that remains.
- if you sell a product for £100 and you have an 20% net profit margin, that £100 sale is worth just £20 to the business.
- If you save £100, it is worth £100 to the business
a saving of £10k is worth the same in profit as £50k of new business!
The smaller your profit margin, the greater a cost saving is worth to you.
Being more sustainable brings new opportunities to reduce your business costs. This is a truly dynamic and innovative area where new, greener products are being introduced at a rapid rate. They provide you with the opportunity to use less energy, reduce waste and use more renewable resources – and all of these will save you money.
There are lots of ways you can save money by going green. There are opportunities in heating and cooling, lighting, water, waste, transport and resources. The question is “where is the best place for you to start?”
Gain business advantage by going green
A third of consumers are now buying from brands based on their social and environmental impact
Many companies focused on sustainability have seen higher growth than the norm, with an average year-on-year growth rate of 14%. This has been driven by increased demand for purpose-led brands from consumers, alongside employees who choose to work for organisations driven by purpose beyond profit.
But how do you join them? GreenValue can help you identify where your best opportunities are to go green and save money.
Do you have a business plan for the end of the world?
No sustainability in your business plan means
you are planning for the end of the world
… and the end of your business.
Investors, consumers, governments and other businesses require businesses to demonstrate by word and deed that they are sustainable and even have a positive impact on our environment.
Are you one of the 68% of CEOs who want to go green, but have yet to start?
What’s stopping you?
Marks and Spencer saved £750m over the 10 years of their Plan A programme.
A warehouse reduced its annual electricity bills from over £30,000 to less than £10,000 by going green.
A primary school halved its electricity bill by changing to low energy lighting.
There are lots of ways you, too, can save money by going green. There are opportunities in heating and cooling, lighting, water, waste, transport and resources. The question is “where is the best place for you to start?”
What does going green mean for your business?
It means reducing greenhouse gas emissions, using resources more sustainably and producing less waste.
Why should your organisation be interested in this?
Because – Going green can bring value to your business ….
… in lots of different ways. The question is not “should we go green”, but “where do we start?”.
And because you have to! Not only to save the planet, but because Government legislation and schemes will force you to.