Harnessing Green Innovations: Why You Need To Act Now

Discover the advantages of green energy innovations and accelerate your journey to zero-carbon

Journey to Net Zero

Jump to: Spotlight on Electric Vehicles | Embracing Green Energy Innovations

Climate change is high on the news agenda, and it’s driving companies to improve their environmental impact and decarbonise their operations and supply chains. But it’s clearly a complex challenge, which cannot be solved overnight.

Nonetheless, it’s important that organisations quickly underpin their green credentials with practical actions. After all, over 33% of consumers say they consider green credentials when selecting where to make a purchase. Businesses who take responsibility for their carbon emissions and accelerate their CO2 reduction journey will find themselves with a significant business advantage.

There are many ways in which organisations can improve their environmental impact and reduce their carbon emissions. Just one of these options is the implementation of green innovations. These are defined by the University of Naples as: “Innovations that consist of new or modified processes, practices, systems and products which benefit the environment and contribute to environmental sustainability”.

Green innovations encompass technical capabilities, such as battery storageelectric vehicles and solar. But equally important, and often forgotten, are the less tangible green innovations - such as evolving your brand and business strategy to promote environmental concerns.

By implementing green energy innovations, organisations can benefit from:

Reduced Carbon Emissions

Green innovations can decrease your carbon footprint, making for a positive environmental impact.

Competitive Advantage

Your organisation stay ahead of the competition, through improved overall performance and enhanced brand perception

Ensured Regulatory Compliance

Green innovations can help businesses to adhere to increasing volumes of government-led environmental legislation.

Enhanced Green Credentials

Helps built your environmental credentials which in turn improves your brand reputation and your shareholder confidence.

Futureproofed Operations

Your organisation will have more resilience against non-renewable cost fluctuations, availability and climate change.

Elevated Brand

Showcasing your green innovation efforts can help you to attract new people into your company, and ensure you retain existing talent.

Download our Powering the Transition to Electric Vehicles whitepaper

Spotlight On Electric Vehicles

Electric vehicles (EVs) have been a real headline grabber in recent years. They’re a great example of a green innovation that has the potential to reduce carbon emissions on a big scale. What’s more, since their cost has dropped and the range of available models has continued to grow, the transition has never been more compelling or accessible.

Nonetheless, when it comes to businesses moving from petrol or diesel vehicles to EVs, it is not a straightforward swap. Like many green innovations, there are additional complexities that must be considered. To keep costs under control and ensure the uninterrupted operation of EV infrastructure, organisations require visibility and control over their electricity usage. This means taking control of energy use, supply and storage. Ways to do this include:

Our Distributed Energy Future Trends report found that 77% of organisations plan to make the switch and adopt EVs into their fleets in the next five years. They recognise the wide range of benefits that come attached – they can become a more sustainable business; reduce costs and enhance productivity; boost their organisational reputation; and may even have the opportunity of generating a new revenue stream.

of businesses are considering trialling an EV charging point
of all fleet owners intend to adopt EV in the next five years
public EV charging points can be found in the UK
The benefits of EVs are clear – and the potential consequences that can occur if organisations delay adoption is obvious too. Fleet managers and businesses that fail to capitalise on green innovations, such as EVs, may find they are left behind by sharper competitors. The time to act is now.

Embracing Green Energy Innovations

Adopting green innovations, such as EVs, require a new approach to managing energy. Greater visibility and control over power usage is critical, if organisations are going to keep costs under control. What’s more, it’s also paramount that the uninterrupted operation of the green innovations is protected. Any power outage could have a significant financial and reputational impact on your business. It’s vital that appropriate measures are put in place to ensure resilience.

That’s where Centrica Business Solutions can help. We provide the expert advice, insights and carbon-reducing technologies that enable organisations to harness more innovative energy practices, address sustainability challenges, and secure competitive advantage.

Green innovations can help you accelerate your journey to becoming a more sustainable, environmentally-friendly organisation. We can help you navigate the journey, and ensure 2020 becomes the decade of delivery, rather than discussion.

Read our latest report to learn more about the ways in which Centrica Business Solutions can help you to power the transition to Electric Vehicles.

Download our Powering the Transition to Electric Vehicles whitepaper

Sources: Distributed Energy Future Trends Report - Centrica Business Solutions research, statistics based on a ten country survey of more than 1,500 energy decision-makers in large organisations.