What is our Sustain Service?

Blog / Sustain - October 2022

Tungsten Corporate Solutions is a leading accountancy firm based in South Wales that helps businesses navigate the complex landscape of finance and accounting. In recent years, Tungsten has also made a significant push towards promoting sustainability in the industry through its unique "Sustain" initiative. This program offers businesses diverse services to help them become more sustainable, reduce their environmental impact, and save costs.  In this blog post, we will take a closer look at Tungsten's Sustain service and how it can benefit businesses looking to impact the environment while saving money positively.

What is Sustain?

Sustain is a programme that offers businesses diverse services to promote sustainability in their operations. This includes services such as energy audits, waste management, and environmental reporting. The program aims to help businesses become more sustainable by reducing their environmental impact, improving efficiency, and ultimately saving costs.  By taking a holistic approach to sustainability, Tungsten can identify opportunities for businesses to make positive operational changes that benefit the environment and their bottom line.

How does Tungsten's Sustain initiative work?

The first step for our Sustain service is to conduct an energy audit. This involves an assessment of the business's energy consumption and efficiency, including analysing their energy bills, equipment, and usage behaviours. Based on this assessment, Tungsten can identify areas where energy consumption can be reduced, such as by using more efficient equipment or changing usage patterns. By reducing energy consumption, businesses can save money on their energy bills and reduce their carbon footprint.

The second step in Tungsten's Sustain initiative is implementing waste management strategies. This involves an assessment of the business's waste production and disposal practices, including an analysis of their waste streams and the types of waste they generate. Based on this assessment, Tungsten can identify waste reduction and recycling opportunities and ways to improve waste disposal practices. By reducing waste production and improving waste management practices, businesses can save money on waste disposal costs and reduce their environmental impact.

The third step is to provide environmental reporting services. This involves tracking and reporting the business's environmental impact, including its carbon footprint, energy usage, and waste production. By providing this information, Tungsten can help companies identify areas to improve to reduce their environmental impact. Environmental reporting can also be used as a marketing tool, allowing businesses to showcase their commitment to sustainability to customers, investors, and other stakeholders.

What are the benefits for you?

There are numerous benefits to signing up to Sustain. Perhaps the most obvious benefit is the potential for cost savings.  By reducing energy consumption, improving waste management practices, and implementing other sustainability measures, businesses can save money on energy bills, waste disposal costs, and other expenses. These cost savings can be significant, particularly for companies that consume large amounts of energy or produce a lot of waste.

In addition to cost savings, there are other benefits to joining Sustain, for; example, businesses implementing sustainability measures are often seen as more attractive to customers, investors, and other stakeholders. This is because sustainability is becoming increasingly important to consumers, who are growing more concerned about the environmental impact of the businesses they support. By demonstrating a commitment to sustainability, companies can differentiate themselves from competitors and build stronger relationships with customers and other stakeholders. 

In addition, our experts can help businesses identify key areas where they can implement sustainable practices to reduce waste, increase efficiency, and ultimately lower costs.  This includes everything from energy-saving measures to waste reduction strategies and environmentally friendly supply chain management.

At Tungsten, we understand that every business is unique and requires a tailored approach to sustainability. That is why we work closely with clients to understand their needs and challenges and develop customised solutions to help them achieve their sustainability goals.

One of the ways we do this is by conducting comprehensive sustainability audits, which involve a thorough analysis of a company's operations and processes to identify areas for improvement. Our experts work with the business to develop a sustainability plan considering their goals, resources, and budget, and we team you up with three departments for this, accountancy, waste management and engineers, to ensure you benefit from all the knowledge and relevant guidelines.

A critical aspect of our Sustain offering is our expertise in green technology and renewable energy solutions. For example, we can help businesses explore the options and suitability of renewable energy sources such as solar, wind, and geothermal power and advise on the implementation of energy-efficient technologies such as LED lighting and intelligent HVAC systems.

In addition to the environmental benefits of implementing sustainable practices, there are also financial benefits for businesses. Businesses can significantly reduce operating costs and increase profitability by reducing waste, optimising resource use, and lowering energy consumption. Furthermore, implementing sustainable practices can also improve a business's reputation and increase customer loyalty, as more consumers are becoming conscious of the environmental impact of their purchasing decisions.

Sustain is a valuable resource for businesses looking to improve their environmental impact while reducing costs and increasing profitability. With our expert guidance and customised solutions, companies can achieve their sustainability goals and contribute to a more sustainable future for all.

One example of how we have helped businesses with our sustainable service is with our waste reduction strategies. For example, we worked with a manufacturing company that was producing a significant amount of waste, costing them money and negatively impacting the environment. Our experts conducted a waste audit and identified several areas where the company could reduce waste, such as implementing a recycling program and reusing materials. By implementing these strategies, the company could significantly reduce waste production and save money on waste disposal costs.

Another example is our work with a retail company looking to improve their supply chain sustainability. We conducted a supply chain analysis and identified opportunities for the company to reduce their carbon footprint by sourcing materials from sustainable suppliers and implementing more efficient transportation methods. By implementing these strategies, the company could improve their environmental impact and save money on transportation costs.

At Tungsten Corporate Solutions, we are committed to promoting sustainability and helping businesses reduce their environmental impact. Our Sustain service is just one way we are working towards this goal. We believe sustainability is good for the planet and business and are dedicated to helping our clients achieve both.  Tungsten Corporate Solutions is a trusted partner for businesses looking to improve their sustainability and reduce costs. Companies can achieve their goals and thrive in an ever-changing business landscape with our Sustain service and expert services. Contact us today to learn more about how we can help your business achieve sustainability and success.