Becoming a green company is almost like a passage of rite in the business world of the 21st century. Even Wal-Mart has had their own green revolution, which saved millions of dollars and created a new face for a company who has frequently struggled with its public image. The property management industry is no exception, as there are several benefits of going green with your property. Being environmentally friendly is a great PR move, and is actually able to help businesses save on energy costs and taxes. Here are some tips on how to be sustainable and green in property management…
Create an emissions reduction plan
The first thing that any property must do to become sustainable is create a detailed plan of how they will accomplish their goals, and the steps that they must take to do so. While this plan must include a host of details, the most important is figuring out how the property will reduce their emissions, as this is often the most complicated step to take, and also the one that will yield the most economic benefits. There are several investments that can be made towards this goal, such as installing carbon management information systems to keep track of emissions, as well as installing utilities and technology that will require less energy for tenants.
Offer recycling
This is one of the simplest steps that a property can take towards becoming sustainable. Offering your tenants the option to recycle an easy way to reduce the waste that is being generated by your property. This is also an important step for any property that hopes to qualify for certain sustainability tax credits.
Use compost for property landscaping
When it comes to the landscaping that is found on your property, it is very easy to move in a more sustainable direction. Recycled compost is very easy to find, and can be found at most landscaping stores. Recycled compost is just as good as first-time compost, and is made up of the same organic materials. However, it takes much less energy and materials to arrive on your property than buying brand new compost.
Reducing waste saves money
While it is just the right thing to do for our communities to move towards a more sustainable business plan, altruism isn’t the only factor that benefits a move towards reducing your waste and emissions. Reducing these things actually saves your business money, in the long run, by reducing the overhead costs on energy and new materials.