Digital Transformation: Going Green is Helping Businesses Save More than Just the Environment
In 2021, one of the most important global issues surrounds our environment. After years of industrialization and capitalism, humans have taken a toll on our ecosystems and it has set us on a grim path to a devastating future for our climate. Therefore, taking on initiatives such as digital transformation has been a change, for example, that more businesses are beginning to adopt.
By “going green”, which essentially means to reduce their footprint on Earth’s resources, businesses are aiming to recognize this global issue and make real changes. With digital transformation, many companies have naturally been able to convert their paper documents, records, and files to digital. By going digital this means finite resources such as trees, minerals, water, coal can be better preserved and become more manageable.
Although many companies have been using “going green” as a publicity angle, or utilize it as part of their “corporate social responsibility”, it is still critically vital that these businesses honor their commitment to actively participate. In 2017, a study found that only 100 companies were responsible for 71% of the worlds emissions.
A study found that where possible, installing solar panels could cut your energy bills in half. When it comes to lights, using LED lights instead of incandescent ones use about 30% less energy and last 25 times longer, saving electricity costs. As most office buildings have a sizable amount of lights throughout the space, this would significantly reduce overhead cost.
With so much of our everyday tasks becoming digitized, it is now easier than ever to reduce the amount of paper businesses use. The company would not only save on printing costs, but also storage costs for filing cabinets or desks to keep the documents safe. Research from Capgemini Consulting found companies who go digital tend to be 50% more profitable.
All these cost savings make the decision to be more eco-friendly in your business practices easy. Plus, you’d be saving the planet too.
Learn more information on digital transformation.