Going Green has it’s advantages, it is not just a trend. Going ‘green’ can have a significant impact on your company’s bottom line as well as reputation, both of these impacts being positive impacts for business.
MG Rentals is here to support companies that decide to ‘Go Green’ and can provide you with solutions and options to further your effort.
In addition to these options, the following are a few ways that going green can benefit your business.
Reducing unnecessary waste can trim operating costs for the business, for example recycling and E-recycling reduces the amount of waste your business outputs, resulting in a better bottomline. Going green can improve the overall efficiency of a business.
The goal of making a change to go green, is to preserve natural resources by using those that are sustainable, or by taking measures to reduce the amount consumed. The larger value of going green relates to maintaining the health of the environment. Utilizing sustainable methods can prevent the waste of natural resources, helping reduce the risk of depletion on the long run.
Studies have shown that employees feel good about their company doing something postive like contributing to the effort for a better environment and supporting the move towards going green. Providing green options within a company can offer overall workplace improvements.
With green initiatives increasing in popularity, economic studies have shown that companies utilizing green technology are seeing an increase in profits. Large well known companies have incorporated green changes such as composting, recycling and adding solar energy. As a result, these companies have seen customers respond positively.While public response alone is not necessarily the only motivation for going green, it can be a good side effect.
Legal and Tax Advantages
Going green has many advantages. For example, the IRS allows businesses that use company cars such as hybrids to take an alternative motor vehicle credit on federal taxes. The federal government also allows businesses to take a tax credit of up to 30 percent for the use of solar and wind energy. States such as California have tightened up emissions allowances, some companies have incorporated green technology in order to reduce emissions and comply with state standards. Tax credit and incentives at the state level are also available. In Florida, companies that produce and sell electricity from a renewable energy facility to take a corporate income tax credit. Florida businesses are also eligible for a sales tax exemption for using solar energy systems, equipment, machinery and other renewable energy technologies. The Solar Energy System Incentives Program allows Florida companies to take rebates, and the Renewable Energy and Energy-Efficient Technologies Grants Program provides grants for Florida companies using solar and renewable energy sources to run the business. This is not the end of the benefits that are sure to form as we move forward in the future, starting to go green now, can insure a jump on most businesses and will make the transition much easier in the long run, as processes and procedures will be set in place when the mainstream finds out the benefits and joins the effort to ‘Go Green’.