CAN
2017 Canadian Business Trends: Making Your Company More Environmentally-Friendly and Sustainable
With every change that takes place in Canadian government, policies shift and new trends come into play. Whether you agree with them or not, there’s money to be saved (and made!) by implementing environmentally-friendly operations and following through with them.
Some of the better-known methods include:
- Switching to solar power or other green energy strategies, such as converting waste to cheap energy.
- Sourcing raw materials from local suppliers. This reduces fossil fuel consumption and boosts the local economy.
- Choosing recycled materials where possible. This lowers the pressure on landfills, saves water, and can also help you market to environmentally sensitive consumers.
- Using less packaging materials or switching to bio-degradable ones.
- Making products repairable.
This trend toward more environmental sustainability will have other impacts on 2017. Expect to see a greater focus on mindfulness. This includes maintaining a high performance, collaborative culture.
Further, Corporate Social Responsibility programs are becoming more serious and providing opportunities for companies to benefit their communities. We also expect to see corporate buying programs more seriously focus on making sustainable purchases.
Finally, Increased workforce competencies will enable employers to avoid duplication and over-staffing – a factor that affects both efficiencies and profitability.