UK businesses are under increasing pressure to reduce their carbon footprint. Stakeholders, employees, customers, and the government alike are all demanding quantifiable sustainable practices. The good news? Going green doesn’t have to break the bank. Ripple offers a simple, affordable solution for businesses to take meaningful environmental action.
Slashing Carbon Footprints, Boosting Credibility
Ripple helps businesses to co-own renewable energy sources such as solar parks and wind farms. This allows companies to power themselves with genuinely green electricity, thereby reducing reliance on fossil fuels, and significantly lowering operational carbon footprints. Reduced monthly energy bills are a further benefit of embracing the cooperative energy ownership model.
“We’re increasingly thinking about the CO2 emissions impact of our manufacturing. The difficulty is, in most cases still, the greenest solution is not the cheapest one and in a competitive market place you’ve got to be competitive.” Darren Joint of Viking Signs, a Ripple business member, noted. “Consumers are beginning to choose the more sustainable choice and we’re trying to drive that with the tools that we can create ourselves. With Ripple the opportunity to create new [energy] generation was what we were attracted to. As with many SMEs, we don’t own our building, it’s leased. So that’s an advantage of the cooperative model of remote resource.”
Such commitment to sustainability not only benefits the environment and business bottom lines, but also demonstrates a company’s position as an environmental leader in its sector. This, by looking at alternatives to commonplace ESG strategies which can include corporate Power Purchase Agreements and green tariffs. Instead, with Ripple, companies directly increase the UK’s renewable energy capacity while also reaping profitable rewards.
Engaging Stakeholders, Attracting Top Talent
Stakeholders are increasingly scrutinising professional environmental practices and ESG strategies. Aligning with Ripple’s mission of green energy for all represents a significant step in the right, planet-first, direction. Furthermore, recent data suggests that employees are increasingly drawn to companies that prioritise sustainability and reward such operations with low staff turn-over, another significant cost-saving.
Making The Switch Is Simple
Ripple makes transitioning to renewable energy effortless. Interested businesses can use the online calculator to understand how much their chosen number of shares will cost and what this will mean in terms of monthly bill savings for decades to come. Flexibility is built-in with companies able to create a green energy portfolio across multiple projects, equating to a maximum of 120% of their annual electricity consumption. Purchase and onboarding can all be managed online, or with assistance from the Ripple for Business team.
Once a project is built and operating, real-time generation and savings data is displayed on a personalised dashboard, making stakeholder reporting simple.
Leading The Green Revolution
By partnering with Ripple, businesses can significantly reduce their environmental impact, contribute to a country-wide push for sustainable practices, enhance their reputations, and attract top talent – all at an affordable price. Ripple membership represents a growing movement of UK businesses taking a stand for a greener future, today.
