Environmental measures have been identified by businesses as cost cutting mechanisms.
A survey of companies by government-funded Envirowise revealed that 85 per cent of businesses rated waste prevention, reducing raw material use and energy recovery as the best steps to cut business costs.
According to the organisation, the findings show that enterprises are becoming aware of the benefits of 'going green'.
Programme manager Elaine Sharp said: "With fuel, energy and raw material costs continuing to rise and changes in the economy persisting in creating challenging marketplaces, there has never been a better time to lead the way in using resources wisely, eliminating waste and ultimately raising environmental standards."
A "difficult and risky climate" for business has been forecast for the next six to nine months by the British Chamber of Commerce, making any costs savings important for the survival of businesses.
There are various steps which can be implemented in buildings to reduce their overall environmental impact and their costs.
Water conservation and energy efficiency devices can significantly reduce bills, with Envirowise claiming that taking care of water can save up to 30 per cent on water costs.
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