5 steps to implementing an effective green strategy
Many businesses across the country are going green in an effort to reduce costs, boost morale and improve their environmental credentials.
However, implementing a whole-of-business energy efficiency strategy can be tricky. Here are five tips to ensure your organisation approaches eco-friendly policies in the right way.
1/ Perform an energy audit
Companies that are serious about creating a green office often conduct an energy audit. This means identifying where the best energy efficiency opportunities are in your organisation.
2/ Select suitable initiatives
Are you opting for large-scale changes, including solar power installations or cogeneration systems? Or are simple strategies such as introducing new recycling plans more appropriate?
Which initiatives you choose will often depend on your industry sector and budget.
3/ Consider financing options
During strategic planning, you will need to research available financing options. Upfront costs for large sustainable investments can be a barrier, but government grants are an option.
Alternatively, lenders may also help you with the initial outlay, allowing you to make more manageable monthly payments. The cost benefits of your energy efficiency upgrades can offset some – or all – of the monthly charges.
4/ Plan and carry out the implementation
A successful implementation will require a detailed strategy that involves all the major stakeholders, including employees and senior executives. It is vital that everyone is on-board with the project to facilitate this process, which means building a strong business case.
Strategy software can help you to create a highly visual demonstration of how energy efficiency schemes align with overall corporate aims. This will ensure everyone is on the same page and is aware of the benefits on offer.
5/ Monitor progress and promote results
Once an energy efficiency initiative has been completed, you still need to monitor its progress to prevent standards from slipping and identify future improvements or opportunities.
Business strategy software can track KPIs and measure performance against established priorities to help optimise sustainability company-wide.