Now, more than ever, we appreciate the importance of recycling. We have seen the damage that plastic and other non-biodegradable materials have had on our natural environment, as well as the problems that pollution causes.
When running a SME, it is important that we are as eco-friendly as possible by implementing appropriate systems and procedures. Not only because we want to do the right thing, but because it can also improve the company’s profits.
Here are some of the main benefits your business will reap when you recycle.
Reduce Outgoings
When you recycle as much as possible, including glass, plastic, paper and cardboard you will significantly reduce the amount of waste your business sends to landfill. This will save your business money that you would have had to fork out for Landfill Tax, which increases in price in line with the weight of the waste. The price is increasing from April 2019 to £91.35 per tonne, so get recycling to boost your bottom line. Companies such as First Mile offer low cost, easy recycling services that include collection up to 3 times a day, 7 days per week so you don’t have to worry about piling up your recycling in the corner!
Improved Reputation
By showing that your business is green and eco-friendly, you will no doubt attract new customers and retain current ones. Depending on your business, it may be a talking point which will win you contracts over your competitors that may not be using sustainable systems.
Save Money on Upgrades
If your business utilises technology (which I’m sure 99% do!) you can often trade in your old electronic goods rather than throwing them away. Many retailers will give you a discount off your new electronic item as an incentive for recycling. This can be anything, from the computer a pub landlord uses to the smartphone of a salesman – so most businesses can take advantage of these schemes.
Avoid Potential Penalties
All businesses have varying degrees of legal obligation when it comes to responsible waste disposal. Depending on the industry you work in, you may have stricter rules to follow. Items such as electronic equipment, batteries or vehicles must be disposed of correctly – if businesses fail to do so they may face penalties, fines or prosecution which will be massively detrimental. Implement robust systems and procedures which ensure your business is recycling and disposing of waste in the most effective way possible.
