Almost three-quarters (73%) of businesses surveyed have developed a more detailed knowledge of their spending and resource use as a result of the recession, according to The Envirowise Business Thrift Shift Report.
This includes everything from investment in raw materials, transport and energy, to staffing, equipment and professional services.
For the hotel and catering industry, reduction of water and energy use was the biggest area of cut back (75%), with a large number also minimising spend on raw materials and consumables. And this ‘thrift shift’ is set to continue when the recovery comes, with 79% of respondents citing a greater emphasis on energy efficiency in particular as a possible legacy of the recession.
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