Benefits of buying sustainable goods and services

There’s no legal requirement for you to acquire sustainably, or to buy sustainable products and services, however it could help you to:

minimize your influence on the environment
address social concerns and improve the incomes of people and neighborhoods
enhance your organization’ reputation
save cash over the life of a product or service

Advantages of sustainable merchandise for your company

Sustainable procurement can help your organization to:

save money and lower your products, devices and running costs, eg reducing the volume of waste you send out to garbage dump might reduce your operating expenses, and by utilizing energy and water efficient products and services you can considerably cut your utility costs
win brand-new service and enhance your potential customers when tendering for work – some bigger services and public sector organisations might ask to see how you handle your environmental and social impacts or ask you to satisfy particular sustainability requirements
improve your credibility among staff, customers and the general public
lower your direct exposure to run the risk of, eg by maintaining to date with modifications to environmental legislation which could impact the items you purchase
attract loan providers or investors who work to ecological or ethical principles
benefit from tax breaks such as the Boosted Capital Allowance (ECA) scheme, which provides a tax reward to organizations that invest in energy-saving and water-saving equipment, and low-emission lorries
receive organization assistance and loan plans when buying energy-saving equipment such as interest-free energy efficiency loans from the Carbon Trust

Environmental and social benefits of sustainable purchasing

By buying sustainable products and services you can:

lower your carbon emissions, eg by utilizing renewable resource or purchasing energy effective products to lower your energy use
save natural resources, eg by picking product or services that utilize recycled products or waste as a raw product or resource
decrease waste sent to land fill, eg by buying items which can be reused or recycled
assist your regional or broader neighborhoods, eg by creating work for regional providers or buying fairly traded items to assist enhance living and working conditions
produce a market for brand-new sustainable products and materials to assist the green economy grow and create brand-new green tasks