Business growth through IT and sustainability

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Ever wonder how integrating IT with sustainability can not only benefit the environment but also drive significant growth for your business?

Travis Wilkins
Travis Wilkins
Product Expert, Asset Lifecycle Management
20 december 20237 min
Bustling office setting

In the dynamic landscape of modern business, the integration of IT and sustainability is not merely a trend but a strategic move that holds the key to unlocking business growth. This blog explores how businesses can harness the power of IT assets and sustainability initiatives to drive positive outcomes for both the environment and your hardware budget.

Extend asset life for environmental and budgetary gains

One of the foundational principles is to extend the life of assets, a practice that not only benefits the environment but also contributes to budgetary savings. By deferring new equipment purchases, businesses can significantly reduce e-waste and cut down on shipping and manufacturing emissions. Additionally, opting for refurbished equipment not only supports a circular economy but also reduces manufacturing emissions, presenting a win-win scenario for both businesses and the planet.

Prioritise asset management over new purchases

Shifting the mindset from constantly buying new equipment to effectively managing existing assets is crucial. Establishing robust asset lifecycle standards, including maximising vendor support, transforms the approach to IT asset management. By viewing assets as long-term investments, businesses can reduce the environmental impact of constant turnover and embrace sustainable practices that align with budgetary goals. In addition, ensuring efficient tracking of assets in the digital realm provides a clear inventory view, preventing unnecessary new purchases.

Sustainability as a business accelerator

Rather than viewing regulations like CSRD or the forthcoming Digital Product Passport (DPP) as burdensome compliance requirements, businesses should see them as opportunities for growth. These regulations set the baseline requirements for achieving positive outcomes such as emission reduction and resource maximisation. By embracing sustainability mandates as strategic advantages, businesses can position themselves as leaders in environmental responsibility. Adjusting business practices to align with these mandates becomes a competitive edge, driving down costs, boosting ROI, and achieving desired environmental goals.

Final thought

In the convergence of IT and sustainability, businesses find a powerful catalyst for growth. By extending asset life, prioritising effective asset management, optimising efficiency, and leveraging sustainability as a business accelerator, companies can navigate a path towards a thriving, sustainable future. The synergy of IT and sustainability is not just a choice; it's a strategic imperative for businesses aiming to grow responsibly.