The adoption of different types of renewable energy in the business strategy of a company can benefits in multiple areas.
In recent years, the adoption of renewable energy has become a priority for many companies due to its ability to reduce energy costs, improve efficiency and reduce carbon footprint. It can be a complex process, however it is a measure that makes it possible to achieve business sustainability and reduce dependence on fossil fuels.
GK, one of the most solid and innovative groups in the region, with a presence in countries such as Mexico, the United States and the Dominican Republic, has prioritized integrating this type of energy into its business model.
Mohammad Yusuf Amdani, Chairman of the corporation, assured through the 2020-2022 Sustainability Report that environmental impact is one of the priority issues within its business strategies. That is why they have directed their efforts to develop environmentally sustainable processes and strategies.
At the moment, 60% of the installed energy capacity in GK’s operations comes from renewable sources. In addition, it has planted more than 100,000 trees, and is approaching 100% recycling of all its waste.
Steps to Integrate Renewable Energy Adoption
Integrating renewable energy adoption into a company’s business strategy can offer a number of benefits, from cost reduction to brand strengthening and improved stakeholder relations. To do this, companies need to follow the following steps:
- Set clear goals
It is important that companies define specific, realistic, achievable and measurable goals in terms of the amount of renewable energy they wish to incorporate into their business strategy.
- Carry out an assessment of their carbon footprint and current energy consumption
Through this evaluation, the company will be able to identify the areas in which improvements and reductions in energy consumption can be implemented, and then design an action plan that contemplates the adoption of renewable energy sources, such as the implementation of solar panels. or wind turbines.
- Consider the implementation of energy efficient technologies
In addition to embracing renewable energy, businesses must also work to reduce energy consumption in general. They can do this by implementing energy-efficient technologies, such as LED lighting, more efficient heating and cooling systems, and energy-efficient office equipment.
- Consider purchasing renewable energy
Instead of investing in their own infrastructure, companies can consider purchasing renewable energy, such as wind or solar power. This can also help them reduce their energy costs in the long run.
- Seek alliances with renewable energy providers
Companies can seek alliances with renewable energy providers to gain access to it at a lower price and with less investment in infrastructure.
Through these steps, companies can integrate the adoption of renewable energy into their business strategy to care for the environment while reducing costs, strengthening their brand, and improving relationships with stakeholders.