DFICA is in the fortunate position
Economic sustainability involves
"Sustainability profit" refers to the financial gains or benefits that result from sustainable business practices. Traditionally, profit is measured solely in terms of monetary gains. However, with the growing emphasis on environmental and social responsibility, businesses are increasingly recognizing the importance of sustainability in their operations.
Here's how sustainability can contribute to profit:
- Cost Savings: Implementing sustainable practices such as energy efficiency, waste reduction, and water conservation can lead to significant cost savings over time. For example, investing in renewable energy sources can lower utility bills, while reducing waste can minimize disposal costs.
- Operational Efficiency: Sustainable practices often promote operational efficiency by streamlining processes and optimizing resource use. This can result in increased productivity and reduced overhead costs.
- Risk Mitigation: Embracing sustainability can help businesses mitigate various risks, such as regulatory compliance issues, supply chain disruptions, and reputational damage. By proactively addressing environmental and social concerns, companies can enhance their resilience and long-term viability.
- Market Differentiation: Consumers are increasingly prioritizing sustainability when making purchasing decisions. By positioning themselves as environmentally and socially responsible companies, businesses can attract a larger customer base and command premium prices for their products or services.
- Employee Engagement and Retention: Adopting sustainable practices can boost employee morale and engagement, leading to higher productivity and lower turnover rates. Employees are often more motivated to work for companies that align with their values and contribute to positive social and environmental outcomes.
- Access to Capital: Many investors and financial institutions are incorporating environmental, social, and governance (NZG) criteria into their investment decisions. Companies with strong sustainability performance may have better access to capital and lower borrowing costs.
SUSTAINABILITY PLANET
Sustainability team
Goals – To encourage and work towards becoming the most environmentally sustainable construction company in NZ, while also considering corporate social responsibility towards our community and the planet.
Writing material
Our stationery usage has been analyzed and eco-friendly alternatives have been found for high usage products, i.e. carbon neutral paper, metal or bamboo pens with refills, etc.
Cleaning products
All cleaning products purchased are environmentally friendly.
Print Media
All printed stationery is purchased through Soar Print, which has the strongest sustainability credentials of any NZ printing company. They are ISO14001 compliant, CarbonZero (CertTM) certified and offer both FSC and PEFC paper stock.
SUSTAINABILITY PEOPLE
Employee Engagement Survey
In February 2019 we conducted our first employee engagement survey and, although improvements can always be made, we are very pleased with our initial results. Some results include:
Q. Are you happy with your work? 75% answered 8 or higher out of ten
Q. Would you refer someone to work here? 84% said yes
Q. Do you feel valued at work? – 80% said yes
People's Initiative
Everyday Better Sessions with Sir Graham Henry DFICA Shadow Board - Future Shapers
Innovation and Experience Session
Ongoing professional development and training
Buddy System Guidance
NZIOB Award for Excellence
Financial literacy and advice
Health monitoring and flu vaccination
Stress and Fatigue Management
health insurance
flexible working arrangements regular social events EAP Services