INFOTECH: Businesses Encouraged to 'Green' Annual Reports
Recent Western Cape Business News
With end-of year financial reporting season fast approaching, hundreds of businesses and organisations around South Africa are currently preparing their various annual reports, many of which could contain up to 300 pages and distributed to thousands of people.
Benon Czornij, co-founder and technical director of Cape Town-based HelloComputer, a digital brand agency that specialises in conceptualising and executing corporate websites, says these thousands of pages do massive damage to company bottom lines as well as the environment.
“South African companies can save millions of Rands by posting their annual reports online rather than creating hard copies. Companies should also be focusing on minimising their total carbon footprint. In many cases, producing physical reports is outdated and unnecessary,” says Czornij.
“Research shows that in western industrialised countries, over 10 000 sheets of paper are used annually by an average office worker. Paper consumption not only incurs basic printing costs, but also results in purchasing, storage, copying, labour, postage, disposal and recycling costs. Reducing individual paper footprints means saving electricity, water and the environment. If companies are willing to use the advances of modern technology, they will be able to reduce their paper usage between 10% and 30%,” says Czornij.
“Websites and online reports are a great way to communicate and share information,” says Czornij. “With the new technology available today, online reports can be designed to be engaging and allow for a far higher amount of interaction than hardcopy versions.
“This is the case with Spier Wine Estate in Stellenbosch, for which we produced an innovative, interactive digital format which parallels Spier’s business model of combining industry and ecology.”
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