Samantha Richardson presented on how businesses can incorporate sustainability practices to increase profits. She discussed conducting audits to identify wasteful spending on energy, waste, and water. This allows businesses to save money by reducing inefficiencies. She also recommended greening supply chain management, improving transportation efficiency, investing in green technology, and aligning investments with ethical values. Overall, the presentation provided tips on how adopting sustainability practices can benefit the environment while boosting business profits and performance.
2. PRESENTED BY SAMANTHA
RICHARDSON
SAMANTHA IS THE UPCOMING
AUTHOR OF, "THE
ENTREPRENEURIAL GUIDE TO A
PROFITABLE SUSTAINABLE
BUSINESS".
SAMANTHA’S PASSION FOR
SUSTAINABILITY INCORPORATES
BUSINESS PRACTICES WITH ETHICS
TO INCREASE PROFITS.
3. INVESTED IN SUSTAINABILITY IN 2005
B Y T H E N U M B E R S
$ 2 . 3 T
3 8 %
3 0 K
AVERAGE INCREASE IN PROFIT
MINIMUM NUMBER OF WORLDWIDE
ETHICAL SMALL BUSINESSES
5. GET YOUR FINANCES ORGANIZED
YOU NEED TO UNDERSTAND WHERE YOU ARE TO FIGURE OUT
WHERE YOU WANT TO GO. IF YOU KNOW HOW MUCH YOU'RE
SPENDING ON GAS, ELECTRICITY, WATER, WASTE REMOVAL
AND RUNNING YOUR BUSINESS EACH MONTH, YOU CAN
EASILY DECIDE WHAT TO CHANGE AS THE 'LOW HANGING
FRUIT'.01
6. HOW MUCH ARE YOU SPENDING?
ARE YOU SPENDING MONEY ON A
NECESSARY COST? THERE ARE SO MANY
HIDDEN COSTS FOR THINGS THAT YOU MAY
NOT NEED OR WANT!
ARE YOU RUNNING THE MOST EFFICIENT
BUSINESS POSSIBLE?
UNFORTUNATELY, MANY BUSINESSES ONLY
CONSIDER THEIR 'DISPOSAL WASTE' BUT
INEFFICIENCIES COST BUSINESS MILLIONS
EVERY YEAR.
Taxes
17%
Waste
26%
Operating Cost
51%
Others
6%
Greening Your Office: Strategies That Work
7. HOW TO FIX IT?
CONDUCT AUDITS ON
ENERGY
WASTE
WATER
TO ESTABLISH A 'WASTE
HIERARCHY' & BEST NEXT STEPS TO
FIX 'LOW HANGING FRUIT'.
8. COMMON WASTE
David Suzuki's Green Guide
WATER
DUAL FLUSH OR LOW-FLOW TOLIETS
LOW-FLOW TAPS
ELECTRICITY
POWER DRAIN FROM IDLE DEVICES (LAPTOPS, PHONES)
LED VS CONVENTIONAL LIGHTS
ENERGY EFFICIENT POWER BARS
PACKAGING
REFUSE, REDUCE, AND REUSE
EXCESS PACKAGING INCREASES OPERATING COSTS BY UP TO 20%
WHEN COMPANIES INFUSE ENVIRONMENTALLY CONSCIOUS IDEALS INTO BUSINESS,
THEY SAVE MONEY BECAUSE THEY FIND INNOVATIVE WAYS TO REDUCE THEIR
IMPACT ON THE PLANET;
9. 02
SUPPLY CHAIN MANAGEMENT
WHO DO YOU BUY YOUR SUPPLIES FROM? DO YOU
KNOW HOW THEIR OPERATIONS IMPACTS YOUR
COMMUNITY?
IF YOU ASK FOR ALTERNATIVES AND INNOVATION, YOU
CAN LOWER COSTS WHILE REDUCING YOUR
ENVIRONMENTAL FOOTPRINT.
10. SUPPLIER SCORE CARD
WASTE DIVERSION
POST-CONSUMER
RECYCLING
FOREST
CONSERVATION
BIODEGRADABILITY
WWW.STOPWASTE.ORG
CARBON FOOTPRINT
WORK ENVIRONMENT
TRIPLE-BOTTOM LINE
BUSINESS AS A FORCE
FOR GOOD
WWW.BCORPORATION.
ORG
THIRD PARTY
CERTIFICATIONS:
REVIEW GREEN SEAL FOR
A LIST OF CERTIFIED,
SUSTAINABLE
COMPANIES.
WWW.GREENSEAL.ORG
CREATE A SCORECARD FOR SUPPLIERS. THIS GIVES MANAGERS A
ROADMAP FOR SOURCING AND PURCHASING DECISIONS.
SUPPLIERS CAN BE MEASURED ON;
11. SUPPLIER CODE OF CONDUCT
CREATE OR AMEND A COMPANY PURCHASING POLICY TO INCLUDE
ENVIRONMENTAL CONSIDERATIONS.
TYPICALLY THIS INCLUDES BUYING PRODUCTS THAT ARE;
NON-TOXIC
MADE IN ENERGY-EFFICIENT FACTORIES
CREATE MINIMAL OR NO WASTE
MADE FROM POST-CONSUMER RECYCLED MATERIAL
EMPLOYEES ARE PAID A LIVING WAGE
THIRD-PARTY CERTIFIED
12. PURCHASING CONSIDERATIONS
REVIEW SUPPLIES AND
CATALOG THOSE THAT
NEED TO BE REPLACED.
ASK IF THERE ARE NON-
TOXIC, ECO-FRIENDLY
ALTERNATIVES.
ASK QUESTIONS:
"WHY DO WE BUY THIS
PRODUCT?"
"CAN WE USE LESS?"
FOR WHITE GOODS AND
MACHINERY, CONSIDER
IT'S ENTIRE LIFE CYCLE.
ENERGY EFFICIENCY,
PRODUCT YIELDS,
CONSUMPTION RATE,
AND END-OF-LIFE
RECYCLING OPTIONS.
CAN YOU BUY YOUR
SUPPLIES FROM GREEN
COMPANIES? REVIEW
THE [NORTH AMERICAN]
GREEN PAGES FOR
RECOMMENDED
SUPPLIERS.
WWW.GREENPAGES.ORG
13. 03
TRANSPORTATION
CHANGING DRIVING AND COMMUTING HABITS CAN AT
FIRST BE DIFFICULT, BUT REAPS SUBSTANTIAL REWARDS.
THE COST SAVINGS OF DRIVING
START BY ENCOURAGING YOUR WORKERS TO BIKE,
WALK OR CARPOOL TO WORK.
14. TRANSPORTATION SAVINGS
THESE SAVINGS LARGELY COME THROUGH BEHAVIORAL CHANGES.
CHANGES TO DRIVING HABITS, SCHEDULING ADJUSTMENTS, USING DIFFERENT
MODES OF TRANSPORT. ADOPT THESE CHANGES FOR MAXIMUM SAVINGS:
FRUGALENTREPRENEUR.COM
USE WAZE APP FOR REAL-TIME TRAFFIC UPDATES TO AVOID CONGESTION
(LOTS OF FUEL IS USED WHILE IDLING IN TRAFFIC).
CONSIDER ALTERNATIVE VEHICLES (SCOOTERS, ELECTRIC OR HYBRID
VEHICLES, BICYCLES).
TAKE ONE LARGE TRIP TO DO ERRANDS, RATHER THAN MULTIPLE SMALL
RUNS. UNNECESSARY TRIPS COSTS LOTS OF MONEY.
MONITOR CAR IDLING - IT CONSUMES A QUARTER TO HALF GALLON OF FUEL
PER HOUR, ACCORDING TO US DEPT OF ENERGY
INC.COM
SLOW DOWN! GOING 65 MPH INSTEAD OF 70 CAN SAVE 5% ON FUEL. REDUCE
SPEED TO 60 MPH AND SAVE UP TO 12%.
15. 04
TECHNOLOGY
INVESTING IN TECHNOLOGY UPGRADES FOR YOUR
COMPANY WILL MAKE YOUR OPERATIONS MORE
EFFICIENT IN THE LONG RUN, AND WILL HELP LOWER
YOUR CARBON FOOTPRINT.
16. ACCESS LEAN BUSINESS WITH TECH
SAVE TIME & REDUCE
PAPERWORK WITH
ONLINE BANKING TO
PAY BILLS, VENDORS &
EMPLOYEES
HOME MONITORING
THERMOSTATE DEVICES
- NEST
- ECO-BEE
ELIMINATE PHANTOM
POWER DRAIN WITH
TRICKLE STAR POWER
BARS
MODERN TECHNOLOGY ALLOWS BUSINESSES ACCESS TO MONITORING AND
EFFICIENCIES THAT CAN SAVE A LOT OF MONEY.
CLOUD
DIGITAL STORAGE
- DROPBOX
- GOOGLE DRIVE
SAVE TRAVEL COSTS
WITH TELECOMMUTING
- ZOOM
- SKYPE
SHOPPING APPS TO
FIND GREEN PRODUCTS
- GOODGUIDE
(CLEANING)
- THINK DIRTY
(MAKEUP)
- FOODUCATE
WWW.TRICKLESTAR.COM
17. 05
INVESTMENTS
ALIGNING YOUR MONEY WITH YOUR BELIEFS ARE CAN
BRING YOU A MORE STABLE RETIREMENT FUND, MORE
PREDICTABLE RETURNS, AND ULTIMATELY MORE MONEY.
18. 2
4
6
8
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
0
RETURN ON INVESTMENT
INVESTING MONEY IN COMPANIES WITH AN ECO-FRIENDLY MISSION PAYS BIG
DIVIDENDS. THEY OUTPERFORM CONVENTIONAL COMPANIES OVER TIME.
HARVARD BUSINESS SCHOOL
21. FOR MORE TIPS AND
ACCOUNTING SERVICES, CONTACT
SAMANTHA RICHARDSON
WRITINGPIXELS@GMAIL.COM
LINKEDIN.COM/IN/SAMANTHARICHARDSONWP
CALENDLY.COM/WRITINGPIXELS
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