Every prosperous entrepreneur or professional encounters this critical question: What is the method to your business success? Often, the answer credits integrated sustainable business practices.
Adam Ferrari is the founder of the mineral acquisitions company Ferrari Energy. Mr. Ferrari was initially trained as a chemical engineer and graduated magna cum laude. After graduation, Ferrari entered the business sector, where he gained experience in finance and investments. As he went from chemical engineer graduate to thriving entrepreneur, Ferrari found many triumphs in instilling sustainable business practices.
Ferrari stands behind the importance of these implementations; here, he provides a step-by-step guide to creating and integrating sustainability in the workplace.
What are sustainable business practices?
Sustainable business practices are characterized by a long-term outlook that explores opportunities outside of sole profitability. Many leaders in the business industry attest to their fortune through this business practice because such a method allows them to accomplish something much more significant in life than profitability. A sustainable business model is economically viable, socially responsible, and environmentally friendly. Businesses with a sustainable mindset strive to have a more positive impact on society and the environment.
Examples of sustainable business practices would include paperless billing or electric company vehicles. Starbucks chooses to invest in sustainable farming and ethically sources its coffee supply from partners’ operating in their local communities.
For business owners looking for ways to begin a more sustainable path, consider this guide:
Step 1: Start with water and power
Sustainable business practices involve a more than just action- it is about mindset, too. An excellent place to kick off you and your company on your journey to sustainability is from the office. Merge a more environmentally cautious mentality into your employees’ work culture by focusing on water and electricity conservation. Cut down on wasting these primary resources or replace kitchen and bathroom appliances with energy-efficient options. You will be glad you did once you see your decreased water and power bills.
Step 2: Go green
Recycling is another excellent and easy sustainable initiative. Invest in recycling bins for paper, plastic, and aluminum to put in the office. Expand your impact by offering free bins for employees to take home. Pay attention to where you are ordering your office supplies and try– within your capabilities and budget–to order eco-friendly products.
Step 3: Explore product changes
For product-based businesses, there is plenty of room for maximum impact. Companies can make a massive impact on the future of our planet’s ecosystem by exploring and choosing more environmentally friendly materials to replace the current elements that make up the product. Plus, sustainable companies are the preferred choice for today’s average consumer.
About Adam Ferrari
Ferrari Energy took its name from its founder, chemical engineer Adam Ferrari. Adam is a native of Chicago and was formally trained as a chemical engineer. He completed his degree at the University of Illinois at Urbana Champaign and finished at the top of his class, graduating magna cum laude. As a young professional, Adam worked in the operations and business sides of the energy industry. After gaining ten years of direct industry experience, he decided to launch his own company, Ferrari Energy.