Businesses in Greater Manchester have saved £100 million by improving their resource efficiency with specialist support from the Business Growth Hub, new figures reveal.
The milestone saving has been achieved by the Business Growth Hub’s Green Growth service, which helps businesses to make smart savings on their energy, material and water use, thereby maximising productivity and profitability by using resources more efficiently.
The achievement has been made by cutting 25 million tonnes of materials from production processes, reducing water usage by nearly 5 million cubic metres and saving over 552 gigawatt hours (GWh) of energy in day-to-day operations. More than 372,000 tonnes of waste has also been diverted from landfill.
Altogether this has saved 384,000 tonnes of carbon dioxide equivalent (CO2e); equal to the carbon dioxide absorbed annually by 176,000 acres of forest – an area six times the size of Manchester.
Tip of the iceberg
All of these resources were being wasted at great expense. But the savings are just the tip of the iceberg according to Business Growth Hub manufacturing and low carbon manager, Samantha Nicholson.
“These figures are proof that there is significant progress being made in Greater Manchester to boost business competitiveness and profitability by improving resource management”, she said.
“But with government estimating that there are £55 billion in savings waiting to be unearthed, we’ve barely touched the surface of what we can achieve.”
The Green Growth service, which incorporates the award-winning ENWORKS service, offers tailored support to SMEs across Greater Manchester to help improve resource efficiency with a hands-on programme of technical on-site support and an impressive track record.
One of the programme's biggest achievers in Greater Manchester is Oldham-based building products manufacturer, Quantum Profile Systems Ltd, which has achieved annual cost savings of £147,000 since 2012.
‘Critical to success’
Richard Jeffery, director of Business Growth Hub, said: “The Green Growth service is a core component of the Business Growth Hub’s support package because improving efficiency is critical to the success of any business”, he said.
“Our Green Growth team has worked closely with senior managers in countless SMEs across Greater Manchester and this remarkable £100 million achievement shows that all businesses can benefit from going green – there are many more businesses out there sitting on top of huge savings just waiting to be unlocked with the right support.”
Leading the transition
Councillor Sue Derbyshire, who leads on low carbon for the Greater Manchester Combined Authority (GMCA), added: "The business community has an absolutely critical role to play in helping us realise our vision for Greater Manchester, both in creating new jobs for the area and in contributing to our carbon emissions reduction targets.
“That's why initiatives like this, which help businesses reduce their costs at the same time as supporting the environment, are so important. Greater Manchester could be the greenest economy in the UK, and it is support from services like the Business Growth Hub that are helping to lead the transition and make this a reality.”
To find out more about the Business Growth Hub’s Green Growth service, visit the website.