by Rebecca Walker — March 16, 2011—British businesses could save £23bn each year by going green, according to research backed by U.K. Environment Secretary Caroline Spelman and conducted by Oakdene Hollins, a research and consulting company supporting change toward more sustainable and less carbon-intensive products, processes, services and supply chains.
The study was prepared for Defra, the Department for Food, Environment and Rural Affairs. Titled The Further Benefits of Business Resource Efficiency, it looks at the potential financial and environmental savings from improved resource efficiency and claims huge savings can be realized by making better use of energy and water and by reducing.
Using raw materials more sensibly and generating less waste could be worth around £18bn alone, according to the study. The sectors identified as having the greatest potential were chemicals / minerals, metal manufacturing, power and utilities, construction, and road freight.
The report is available on the Defra Web site.
