The benefits of becoming a sustainable business

clock
The benefits of becoming a sustainable business

Last year, for the first time ever, a new record was set where over 50% of the UK's electricity demand was met by renewable sources. Use of renewable energy in the UK is slowly growing, now accounting for more than 20% of the country's electricity. This growth has been largely down to sustainability becoming a greater strategic focus for businesses -Haven Power's own research revealed 80% of businesses are placing increased value on where their energy comes from.

Social and environmental awareness is not just ‘on-trend' but is fast becoming a cornerstone of mass tourism. Big brands such as Thomas Cook and Ryanair have recently announced ambitious new sustainability strategies, with Ryanair's sights set on becoming the world's greenest airline.

Similarly, Gatwick Airport recently became one of the world's first airports to achieve carbon neutral status. Rachel Thompson, Sustainability Manager, at Gatwick Airport said: "Gatwick was among the first airports in the world to go for 100% certified renewable electricity, helping to reduce UK carbon emissions. That's credit to our Engineering (Utilities) and Procurement departments, for having the vision to choose renewable electricity and to Haven Power, for being able to provide it."

It won't be long until other businesses are judged by their commitments to bettering the environment and promoting sustainable practices. In fact as a recent study revealed 54% of holidaymakers are more likely to book with operators with a social conscience.

But how can businesses that lack procurement and sustainability departments compete with bigger brands with access to this expertise? How can they unlock the potential created by being sustainable? Using renewable power is one option.

Why renewable?

Switching to renewable electricity can be good for any business in terms of their Corporate Social Responsibility (CSR), but there are often bigger priorities to worry about. However, switching to renewable energy or becoming a prosumer - by generating and selling your own electricity - can provide a lot of benefits to businesses.

A good example of this is Low Costa Mill, which operates a collection of seven holiday cottages in the Yorkshire Moors. The cottages run on a mix of self-generated energy and renewable electricity provided by Haven Power. This mix has enabled Low Costa Mill to be awarded Gold Eco Leader status on TripAdvisor, which has not only boosted their overall profile but has also driven more customers to stay and book holidays with them. Speaking to the owner, he made the point that being more energy efficient has let them enhance their offering while reducing the overall operational costs.

As part of its energy strategy, Low Costa Mill uses an automatic meter reading (AMR) device to keep track of the exact amount of usage. This allows them to understand exactly what it is they are paying for and stay in control of their bills. To measure the return on investment of the self-supply set up, the owners monitor their daily consumption (every 30 minutes). The investment they made in renewables, and generating their own energy, has resulted in lower energy bills and contributed to them doubling their occupancy rates.

We are experiencing a moment of unprecedented change within the energy market. With more providers, businesses and the government pledging to be more environmentally responsible, renewable electricity ought to be an important consideration for all businesses, in every sector. The travel industry is already seeing a shift in consumer behaviour in how they choose their operators and destinations, and this will have an impact on all operators big and small, so now is the time for savvy small business owners to get ahead of the charge and look at becoming more sustainable.

The end goal of becoming a lower carbon Britain with a growing, dynamic economy is not the only journey we're on at Haven Power. We also want to help businesses to understand how they can be more energy efficient and help them regain control of their electricity spend.

To find out how your business can support its sustainability programme by using Haven Power's renewable electricity and other energy services, please call 01473 725943 or visit www.havenpower.com/contact-us

Find transformative ideas for a new energy future at havenpower.com/change

More on Energy

The London Tube network is one of the UK's biggest electricity consumers | Credit: iStock

TfL opens bidding to power London Tube network with renewable electricity

Transport for London launches first in planned wave of tenders for wind and solar power purchase agreements

Michael Holder
clock 27 June 2022 • 2 min read
Boris Johnson hints at major reforms to 'frankly ludicrous' energy market

Boris Johnson hints at major reforms to 'frankly ludicrous' energy market

Prime Minister signals desire to tackle link between energy bills and gas prices, as National Grid ramps up efforts to expand access to smart grid cost savings

James Murray
clock 27 June 2022 • 6 min read
Alex Smith (pictured, left) is one of the first recruits to the new initiative. Credit: Centrica

Green battalion: British Gas to recruit former service personnel to net zero workforce

British Gas-owner Centrica says trainees will install EV charge points, smart meters, and heat pumps, and support solar and battery storage projects

clock 27 June 2022 • 3 min read