June 24, 2024

Miles Slaven

Market Disruption

Resource Efficiency – What It Means and Why It Matters

Introduction

The world is changing and some of the biggest impacts are happening on a micro level. As we create more waste and use more resources, we’re causing a lot of damage to our planet. The good news is that you can do something about it – especially if you’re in business! In this blog post, we’re going to look at what resource efficiency means for your business and why it matters. We’ll also explore some ways to become more resource efficient so that your business can be part of the solution instead of being part of the problem.

What is resource efficiency?

Resource efficiency is the ability to use resources efficiently. It’s a key element of sustainability, which means that we can meet our needs without damaging the environment or depleting Earth’s natural resources.

To understand resource efficiency, it helps to think about what happens when you’re working on a project in your home or office: if your goal is to get done quickly and efficiently, then you’ll probably choose different tools than if your goal were just getting done–even if those tools are more expensive or take up more space. In other words, resource-efficient practices will help us achieve our goals with fewer inputs (like money and materials) per unit output (e.g., units produced).

Why does sustainability matter?

There are many reasons to be concerned about sustainability, but the most important one is that it’s what will keep us and our children alive.

Sustainability is about protecting the environment and natural resources so that they can continue to provide clean air, water, food and shelter for generations to come. It also means making sure that we have enough resources (such as energy) to meet our needs now and into the future. We need these things in order for life on Earth as we know it today not only survive but thrive!

Why should I care about resource efficiency in my business?

Resource efficiency is all about reducing your business’s environmental impact and saving money. It can help you:

  • Save money by reducing waste, which means less to pay for disposal or recycling services.
  • Improve efficiency by making sure that every penny spent on raw materials goes toward creating products and services, rather than wasted in transportation or processing costs. This will lead to improved productivity and shorter lead times for deliveries of goods from suppliers.
  • Improve sustainability by reducing emissions from manufacturing facilities (which means lower energy bills), cutting back on harmful chemicals used in production processes (which makes employees healthier), minimizing pollution associated with shipping goods around the world (which reduces global warming), reusing products instead of throwing them away after one use (this reduces landfill space needed), etcetera ad nauseam!

How do I become more resource efficient?

You can start by taking a baseline assessment of your current resource efficiency. You need to know where you’re starting from, so that you can measure progress as you go.

Next, identify the biggest opportunities for improvement. This will help keep you focused on what’s most important and avoid wasting time on smaller initiatives that won’t have much impact.

Once those two steps are completed, it’s time to start tackling low hanging fruit–the easy wins that can make a big difference without requiring too much effort or investment of time/money/etc., but still provide value nonetheless in terms of getting things done quickly without sacrificing quality (or at least not too much). The key here is finding ways around obstacles rather than trying unsuccessfully brute force through them; sometimes just making small tweaks here and there can really open up doors towards new possibilities!

If all else fails though…don’t be afraid! There are lots of resources out there offering advice on how best practices should work within each industry sector which may help guide decisions made along these lines – including tips&tricks from experts who’ve already walked down similar paths before yours (which means they know exactly where potholes could form).

How can I measure the impact of my efforts?

To measure the impact of your efforts, you will need to use a tool like EPA’s ENERGY STAR Portfolio Manager. This free online tool allows you to measure baseline energy use, track progress over time and benchmark against similar companies in your industry.

Here are some helpful tips for using ENERGY STAR Portfolio Manager:

  • Start by measuring baseline energy use at your business location(s). You can do this by entering information about each building into the database or uploading reports from utility bills or other sources that show historical information on electricity consumption at each location. Once this data is entered into EPA’s database, it becomes part of their national database and can be compared with other buildings in similar types of industries nationwide. This gives businesses an idea of how efficient they are relative to their peers nationwide — providing valuable information on where they should focus their efforts going forward!
  • To ensure accuracy during this process, EPA recommends completing an audit first before entering any data into its system so that any inaccuracies or omissions can be corrected prior
  • To ensure accuracy during this process, EPA recommends completing an audit first before entering any data into its system so that any inaccuracies or omissions can be corrected prior

Being more resource efficient saves money and helps the planet.

Resource efficiency is a way to save money and help the planet. It’s also a way to help the environment, which means that it helps all of us who live on this planet. Resource efficiency is the use of fewer resources in order to achieve a goal, such as reducing your carbon footprint or making sure you have enough food for everyone in your community.

Resource efficiency can take many forms: using less water when taking showers, turning off lights when not needed (or using motion sensors), recycling materials instead of throwing them away–there are many ways that you can be more resource efficient!

Conclusion

The above is just a sample of what you can do. The possibilities are endless, and we encourage you to get creative with your own ideas.