BACK IN BUSINESS SUPPLIER – MI Global Partners

SUSTAINABLE VENUES DON’T NEED TO COST THE EARTH

There is no doubt ‘sustainability’ is the current buzz word in our industry, and rightly so, because there is no Planet B. And contrary to popular belief, environmental sustainability does not have to be at odds with delivering an incredible venue or event experience. In fact, in many cases, sustainable initiatives can lower costs. In our experience, eco-efficient venue and event practices can save money in many situations, particularly when it comes to renewable energy, sustainable food & beverage planning and design-for-reuse branding.

Increased efficiencies means reduced costs along with decreasing your environmental footprint. Clever and careful management of resources such as electricity and water will reduce consumption which in turn lower utility bills. As will the switch from paper to digital event technology along with reusing event materials, reducing waste and avoiding unnecessary repeat purchasing.

More sustainable practices will also have a major impact on commercial opportunities. Implementing and promoting your green credentials can bring in new sources of revenue as more and more companies seek to align themselves with sustainable venues, with a sustainability lens helping to attract sponsors.

Sustainable practices are also now fast becoming a major consideration when it comes to consumer product decisions. In fact, a major study undertaken by Simon-Kucher & Partners (a UK consultancy firm), revealed that nearly 90% of global consumers are now seeking out more sustainable options.

MI Global Partners collaborate to find sustainable solutions for our event, sport and place partners and are committed to identifying sustainable venue practices allowing for greater economic and sponsorship benefits.

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