Sustainability in Business: Curtailing environmental impacts can cut costs

As environmental sustainability becomes increasingly recognised as an indicator of good business practice, Irish companies are paying considerably more attention to this area, according to Declan White in the competitiveness department at Enterprise

Declan White, Enterprise Ireland
Declan White, Enterprise Ireland

“Companies see the opportunities to gain a competitive advantage through better resource efficiency and winning a greater market share in key export markets,” said White.

“Implementing sustainable practices helps companies to better manage their environmental impacts while identifying potential cost savings on resources, such as, energy, waste and water used in their processes.”

White said that focussing on resource usage could help companies achieve a more competitive position.

The state agency ...