For those businesses based in a location where it is regulated, you are likely used to the process of recycling well – and have seen the benefits. However, if you are not based somewhere where recycling is mandatory and aren’t sure of the benefits of recycling in business, then read on.
Because we live in a world where money is needed to survive, Latte Lindsay runs a number of affiliate programmes and offers contributed or partnered content. If you choose to click the links and read the posts, the site may earn a commission or receives a payment. All of the opinions are my own. Opinions expressed here are the author’s alone, not those of any partner brands/company(s), beauty & lifestyle brands, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities unless specified.
Looks Good
While it is great for the environment, and that is fantastic – ultimately, it makes your business look better. Consumers are highly aware of the impact that not recycling has, and they understand why it is important. They also vote with their money and are more likely to spend with a company that has an obvious interest in reducing their waste. For great PR and a little more spice in the storytelling, recycling and sustainability, and eco-vision just makes sense.
Profits
When strictly speaking about the business benefits for everything from stopping staff from buying plastic bottles on the premises to e waste recycling – profits are a big one. Anything that would typically be disposed of could be classed as lost money because you are effectively throwing it away. When you have a process that is focused on waste reduction, you will see an increase in profits.
Less wastage = more profits, and that might be the biggest benefit of all.
This is an impact that can be seen more readily in businesses that use fabrics, metals or other raw materials to create a product. When they have access to low-wastage machinery and software, the raw material costs will reduce and in some cases, it can be dramatic.
Culture
True, for every advertised job, you might be getting between 400-500 applicants, but the job market is still in favour of the applicant. They will look for businesses that have some sort of culture that they can relate to. In fact, applicants were happy to take less pay if other areas of the business were things that they believed in, like hybrid working, sustainability and even for those who had allocated volunteer days.
It is those businesses that have a positive and progressive workplace that are more likely to see some of the highest-educated, highly skilled and highly-saught after talent apply.
Grants
When a business doesn’t already have a recycling framework, or perhaps the funds to help make it happen – there are usual grants available for this process. There is a high value on businesses that have recycling plans, and this benefit could mean your whole sustainability and recycling project is backed by outside finance.
Job Creation
While you might not be opening up jobs within your office, what you are doing is helping increase the number of jobs in the waste management and recycling industry. When waste goes straight to a landfill, there aren’t many jobs that come from landfills.
By taking part in recycling, you can help contribute even further to the local economy.
To look more in-depth at where you can make an impact within your business and which areas you can build into your sustainability project, read this: How To Ensure Your Business Is Eco-Friendly – Latte Lindsay.