Sustainability Lessons from the Local Grocery Store
Blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
Oct 13, 2011 9:28 AM ET
Taiga Company blog by Julie Urlaub, Founder and Managing Partner at Taiga Compa…
When the business world discusses profitability, the discussion typically turns to one of two efforts: increase sales or decrease costs. Based on the nature industry or the state of the company, choosing a ‘revenue vs. cost’ business focus may be easy. However, our sustainability consulting finds that companies do not always choose the optimal path.
Leveraging the Environmental Leader whitepaper, 10 Ways to Slash Energy Cost & Reduce Budget Uncertainty, our sustainability consulting practice suggests there are many paths to the bottom line. Specifically targeting the retail sector, the study examines the industries second biggest cost and single biggest opportunity to increase profitability and have a true sustainable business impact.
“After payroll, energy is among the largest operating costs for any grocery retailer. In fact, energy cost may amount to roughly half or more of net profit. A 10% reduction of energy cost can increase net profit by 5% to 10%.” Click here to continue reading Sustainability Lessons from the Local Grocery Store.
Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".