Climate change is a significant challenge and focus for the world today. Changing weather patterns and increasing natural disasters are impacting communities, as well as our global supply chain. While the pressure has been on national and local governments to act on the changing climate and its impacts, it is becoming more and more clear that Businesses must acknowledge the role that they play in climate change and put strategies in place to become more environmentally responsible. Companies that implement green business ideas will not only protect the environment for future generations but may also achieve cost savings and create a workplace that encourages employee health and morale.
Green Business Practices
Whether simple or more elaborate, every business can make changes to operate more sustainably. Some businesses are already making strides:
- FedEx, which in December received the first of 500 electric delivery trucks as part of its commitment to purchase only electric vehicles after 2025 and completely electrify its fleet by 2040.
- IKEA recently announced its plans to phase out non-renewable and non-recyclable packaging, part of its ongoing efforts to reduce plastic pollution.
While the efforts shown by IKEA and FedEx are on a larger scale, there are also simple and cost-effective changes that can be made to help make businesses greener:
- Switching all light bulbs to LED
- Implementing a thorough recycling program
- Continuing to allow remote work options to lower commute-related emissions
- Eliminating or reducing the use of paper
- Installing fixtures that help conserve water
Additionally, companies looking to make a larger impact and contribute to a greener supply chain may consider building sustainable warehouses, investing in green logistics technologies, and switching to eco-friendly shipping materials. For example, plastic pallets from iGPS generally last four times longer than wood pallets, avoiding deforestation, and are 100% recyclable.
Why Go Green?
For many, incorporating green business ideas has become more than just a feel-good project. A company’s efforts toward going green may be directly related to enhanced employee retention and improved Environmental, Social, and Governance (ESG) activities. It is becoming apparent that for companies to remain competitive in the changing marketplace, environmentally responsible practices must be at the forefront of their focus.
As many businesses continue to work through supply chain disruptions and workforce challenges, they cannot afford to be scrutinized for not making green business efforts a priority. Making strides toward bettering the environment will not only help mitigate the impacts of climate change but can also improve the strength and resilience of a company’s supply chain.
Companies committed to incorporating green business ideas use iGPS plastic pallets for all their shipping needs. Our lightweight, recyclable plastic pallets flow seamlessly through warehouse automation systems and reduce Total Cost of Business. For more information, contact us at 1-866-557-0047, email a specialist at [email protected], or visit our contact page.