Given the impact of climate change, businesses should consider strategies to reduce their environmental footprint. This not only contributes to a healthier planet but aligns with the increasing number of consumers who prefer products from environmentally responsible companies. 

Moreover, sustainable practices have tangible positive effects on a business’s bottom line, such as improved productivity and reduced operational costs. Research from an NTT study reveals that 44% of companies experience improved profitability as a result of implementing sustainability measures. 

Here are some changes that businesses can implement to minimize their impact on the environment.

Create an Environmentally Friendly Product

When creating new products, businesses should use recycled material to minimize its environmental impact. This approach effectively lessens the demand for new materials, ultimately reducing greenhouse gas emissions and energy consumption. A recent study even revealed 85% of consumers look to purchase products that are sustainable. For example, FirstBank uses Recovered Ocean Bound Plastic (ROBP) Visa® cards for its customers. This benefits the environment and gives a new life to discarded plastics and materials that may end up in the ocean or landfill.

Partner With Sustainability-Focused Nonprofits

When a business forms a partnership with a nonprofit organization, it highlights the vital work they do. This collaboration not only raises awareness but aligns your business with customers who are motivated to contribute to the cause. Some organizations, like FirstBank, help their communities by letting their customers and employees participate in giving back to the causes they care about. For instance, FirstBank introduced a campaign that allowed customers to put “banking for good” into action by supporting nonprofits committed to saving critical parts of our environment. More information can be found at

Accommodate Employees on Bad Ozone Days

With increasing environmental threats such as forest fires and high pollution in urban areas, it is important for businesses to prioritize the well-being of their employees and the environment. A potential solution is for companies to establish regular work-from-home days. FirstBank, for example, has introduced Ozone Alert Days, allowing headquartered employees to work remotely during periods of poor air quality. This initiative helps reduce emissions by decreasing the number of cars on the road during peak traffic hours.

Invest in Sustainable Energy

By transitioning to renewable energy sources, companies can achieve long-term cost savings and reduce greenhouse gas emissions that contribute to pollution. One way to achieve this is by adopting commercial solar energy systems. Renewable energy alternatives can be more reliable and capable of widespread power transmission compared to conventional fossil fuels.

Environmentally friendly practices benefit both businesses and communities. These transformations not only create positive change globally, but ultimately help businesses reduce waste and save money long term. To learn more about FirstBank’s environmental initiatives, read 8 Ways FirstBank is Helping The Planet. 

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