With almost seven out of 10 UK bosses responding to the slowing economy by seeking to trim costs, energy efficiency has emerged as on of the top cost saving priorities within many organisations.
That is the finding of a major survey of more than 850 senior executives carried out by the Carbon Trust, which found that energy efficiency measures are being widely preferred to redundancies, and recruitment and salary freezes as the best means of initially lowering overheads.
The survey revealed that nearly a third of respondents were encouraging staff to reduce energy waste and over a quarter were prioritising more general energy efficiency measures. In contrast, 17 per cent rated redundancies as the favoured cost cutting options, while just 24 per cent identified salary freezes or below inflation pay rises as their preferred option.
“Our research shows that energy efficiency measures, not job cuts or salary freezes, are the cost-cutting steps businesses are considering first during this economically challenging time,” said Hugh Jones, solutions director at the Carbon Trust. “It’s an encouraging sign that wise companies are realising that cutting carbon and being green is the easiest way to make a business lean.” Read more
Source: Business Green
Related posts:
By Email
RSS
