Eliminating waste

January 25th, 2012 posted by admin

I love the 30 minutes I spend walking every day. This is the time when I am absolutely alone and can allow my brain to think into the directions it really wants to. It helps me relax myself mentally and of course the fresh air outside certainly has its own benefits. One of the things that really catch my attention during this walk are the Pop up stands and what they publish. There is no doubt that some of these pop up stands are absolutely eye catching. One that really got my attention yesterday was an investment company inviting small and medium size investors to invest into green energy.

One thing is for sure, companies around the world are absolutely working towards making their operations as green as possible. This is not really because they love the planet, well it could be one of the reasons as well. But the major reason I think is to save money. When I was working with GE, I remember the management always stressing on finding lean ideas to reduce the waste. Once you are producing the maximum you can produce and cannot further increase the margin of profit, then the easiest way to increase profit is by eliminating waste or reducing the cost of production.

Eliminating anything that is being used unnecessarily or is eating up on resources unnecessarily can save money. This saving will reduce the cost of production and will indirectly increase the profit. Eliminating waste is the best way of making operations greener. A very important aspect of making a company more eco friendly is to do carbon accounting. Unfortunately more the 80% of companies in UK are unprepared to do carbon accounting. There is a lot of education that needs to go into the accounting department to make the Green theme a success and the planet a winner. Together we can do great and one day we will have a better world.

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