Leicester has committed to developing more green policies and making better changes, which is reflected by the people and businesses of the city. Businesses looking to succeed in the city should look to go green and make changes where possible. Read on to learn about four reasons Leicester-based businesses should do this.
It Will Match The Environment City
The first reason Leicester-based businesses should go green is that it will suit the city. That’s because the city of Leicester was Britain’s first Environment City. The city’s greening was praised during the 1992 Earth Summit in Rio.
On the international stage, Leicester is considered at the forefront of urban nature conservation with a strong emphasis on sustainable development. If you are looking to open a business in Leicester or have an existing business in the area, going green would be an important part of your business strategy.
It Can Lead To Extra Cash
An unexpected reason to go green in Leicester is that it can lead to extra cash. This can be obtained in a few different ways. Leicester-specific businesses may be eligible for up to £7k if they go green through certain schemes. This relates to reducing their carbon emissions and general energy efficiency. This works by ensuring the businesses use more energy-efficient changes such as solar panels or heat pumps.
Businesses can also save extra cash by changing their supply chain. They can find a more sustainable supplier that reduces the number of trips they take, allowing you to get more of what you need and reduce the amount of money you’re paying for the service.
If you manage to go greener with energy use, you should spend less overall. This is because you will use less energy, reducing your bills. If you use effective green policies, then you should be able to attract more modern customers.
It Will Allow The Business To Do More Good
One of the most important reasons Leicester businesses should look to go green is that it is ethically the right thing to do. All businesses should be looking to reduce their waste and carbon footprint to help protect the planet and act in the best interests of the local and global environment.
The world is changing, and you need to learn how to guide your business correctly and navigate strategic opportunities that may have been presented by climate change. You can sign up for specific courses that educate you on how to combat climate change within your business. The University of Cambridge Institute for Sustainability Leadership offers an online short course that can help you gain insight into the risks associated with climate change and how to manage them. This can help you create a plan that looks to build upon a profitable business model while being sustainable. Not to mention, you will gain valuable and relevant skills that will allow you to make more informed decisions in the future.
Businesses within Leicestershire should be looking to make sustainability a part of their corporate identity. This should start from the top, as it will encourage everyone to do more to enact change. A business can change its culture and be more sustainable by getting more people involved at all levels.
It Can Improve Brand Reputation
An added bonus of a green business within the Leicestershire area is that it can help improve brand reputation. Consider the recent green investments that have occurred within the city of Leicester: the addition of bicycles around the city that you can rent has been a success, with the e-bike share scheme undergoing a major expansion. This led to a major reputation boost for the brand, as it provides a useful service while being green.
The same result could be obtained for your business. It depends on what industry you are operating in and where your business is situated. If you are looking to start any green policies or launch any green products/services that will interest your customers, then you should advertise them and market them in the right way.
Consider what your options could be and what is practical to do. Remember, the reasons that you go green shouldn’t be focused on improving your reputation. It should be done for the right reasons. It’s also worth pointing out that if you are doing it in a disingenuous way, this will harm your reputation, and it could be hard to repair.
Ensure you are doing all your research regarding climate change and work hard to create a plan to transform your business to be greener. Leicester is a city at the forefront of environmental change, so you should do all you can to adapt to the changing world and gain more insights to rewire your business model.
