Money can grow on TREEs!
A new and free online resource has been launched to help SMEs identify areas where savings can be made through improved environmental practices.
The new tool called TREE (Tool for REsource Efficiency) was officially launched by An Taoiseach Enda Kenny, who joined Green Business, which is funded by the Environmental Protection Agency and provides free, expert and confidential advice to SMEs to help them to achieve cost savings through greater efficiencies in water, waste and energy.
The tool, which allows business to carry out a quick assessment of their current business practices and awareness, takes less than 15 minutes to complete.
From the short questionnaire, businesses then receive a tailor made report with recommendations of where efficiencies relating to the management of their energy, water and materials within their business can be made.
Green Business has worked with hundreds of companies throughout Ireland and identified more than €9 million worth of potential cost savings for businesses large and small such as Kerry Foods, ABP Food Group, Ballon Meats, and Dun Laoghaire Shopping Centre.
According to James Hogan, Programme Manager with Green Business, the tool is aimed at the 90% of Irish businesses that have 10 or fewer employees:
“All of these businesses have the potential to improve efficiency and reduce costs, thereby improving the sustainability of their business, increasing profitability, and in turn securing jobs through a circular economy.”
Helping to launch the tool, An Taoiseach Enda Kenny said: “I would encourage all SMEs in Ireland to avail of the free online tool TREE. The tool identifies where and how low cost yet high yield improvements can be made. It is vital for businesses all over the country to realise and understand how improved management and sustainable practices not only reduces your carbon footprint but also your outgoings.”
The Tool for REsource Efficiency is available on the Green Business website: greenbusiness.ie