The Institute of Environmental Management & Assessment (IEMA) has undertaken research into resource management, finding that those who turn waste into useful resources can save up to £5000, while 70% of those who used the services of sustainability professionals were able to make a saving in excess of £10,000 per annum.
Although there is no obligation to use external consultants, IEMA’s research shows that the cost of external advice should be offset by the savings.
There is a free tool available online that can be used to determine how much your business is taking resource efficiency seriously and what further action you could be taken. The Resource Action Maturity Planner consists of nine multiple choice questions, and is available here.
Remember, it is generally more effective to plan and introduce new ideas gradually rather than all at once.
If you would like to speak to us about how you can make savings through better management of your resources, contact us. Also, you might want to take a look at our article on the Waste Hierarchy.