What every CEO should know about Energy & Sustainability

Aravind By  June 4, 2023

Hello CEOs, Founders, and Business Leaders!

In today’s fast-moving world, running a business means thinking about many things. One topic that is becoming super important, especially here in India, is Energy and Sustainability. You might think, “Is this just for big companies?” No! It’s for every business, big or small.

Let’s break down what Energy & Sustainability means for your business and why you, as a leader, must know about it.

What is Energy & Sustainability? (Simple Talk)

Imagine your business is like a tree. For it to grow big and strong, it needs sunlight and water (energy) but also needs to live in a healthy environment (sustainability). Energy is about how you power your business – electricity, fuel, etc. Sustainability is about using these resources wisely so that they don’t run out for future generations. It’s also about taking care of our planet.

For example, if a factory uses too much water and pollutes a nearby river, it’s not sustainable. If it switches to solar power, it’s moving towards sustainable energy.

Why Should CEOs Care? (Big Benefits!)

Knowing about Energy & Sustainability is not just good for the planet; it’s good for your business’s wallet and its name!

  • Save Money (Big Time!): When you use less energy or switch to cheaper, cleaner energy sources like solar, your electricity bills drop. Imagine saving lakhs of rupees every year! This directly increases your profits.
  • Good Name for Your Brand: People today care about companies that do good. If your business is seen as “green” or “eco-friendly,” customers, especially younger ones, will love you more. This builds a strong brand image.
  • Stay Out of Trouble (Rules & Laws): The government, both central and state (like in Tamil Nadu), is bringing in new rules about energy use and waste. If you follow them, you avoid fines and legal problems. Being ahead of these rules is always smart.
  • Future-Proof Your Business: Energy costs might go up in the future. By becoming energy efficient now, you are ready for tomorrow. You are also attracting better employees who want to work for responsible companies.

Practical Steps for CEOs (What We Did for Our Clients in Tamil Nadu!)

We’ve helped many businesses in Tamil Nadu adopt these changes. Here are simple steps you can take:

1. Find Where You Use Energy (Energy Audit)

This is like checking your household budget to see where money goes. For businesses, it’s about checking where and how much energy is used. For a textile unit in Tirupur, “Green Weaves Pvt Ltd”, we did an energy audit. We found their old machines used a lot of power. By replacing just two old motors with new, energy-efficient ones, they saved nearly ₹50,000 every month on electricity!

2. Use Sun Power! (Renewable Energy)

Tamil Nadu has plenty of sunshine! Many companies are putting solar panels on their roofs. A packaging company in Chennai, “BoxIt Solutions”, installed solar panels. They now generate 70% of their electricity from the sun. Their grid electricity bill dropped massively, and they became less dependent on the power grid. Plus, government subsidies made it even easier!

3. Waste Not, Want Not (Waste Management)

Every business produces waste. What do you do with it? A hotel chain in Coimbatore, “Aroma Stays”, implemented a strict waste segregation program. Food waste was composted for their gardens, plastic was sent for recycling, and paper waste was collected separately. This reduced their landfill waste by 60% and even created a small income from selling recyclables.

4. Smart Supply Chain (Sustainable Sourcing)

Think about where your raw materials come from. Are your suppliers also “green”? A snack food company in Madurai, “Crunchy Bites”, started buying their vegetables directly from local organic farms instead of distant suppliers. This reduced transport costs, supported local farmers, and reduced their carbon footprint. Their customers also loved that their snacks were made with locally sourced, fresh ingredients.

5. Get Everyone Involved (Employee Engagement)

Your employees are your biggest asset. Encourage them to be energy-conscious. At “TechSolutions India”, an IT company in Chennai, they started a “Switch Off” campaign. Employees were encouraged to turn off lights and ACs when leaving rooms, and computers at the end of the day. They even had competitions between departments for who could save the most energy. This simple step reduced their monthly electricity bill by 10-15%.

The Road Ahead

Embracing Energy & Sustainability isn’t a cost; it’s an investment. An investment in your profits, your brand, and our planet. Start small, take one step at a time, and soon you’ll see big changes.

Your leadership in this area can inspire not just your company but also your industry and community in Tamil Nadu and beyond. Let’s build a greener, stronger future together!

Best regards,

The Consulting, Marketing and Sales Team

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