May 19, 2020

6 ways to create a sustainable working environment

Leadership
Australia
sustainability
working environment
Uwear
3 min
6 ways to create a sustainable working environment

Transforming your business into a sustainable working environment can deliver business benefits in addition to benefits for our surroundings. This is especially true in the not-for-profit sector, where several people are happy to work at a company that is environmentally-friendly.

Most companies receive direct benefits from investing in sustainability, particularly in energy efficiency, cost savings and staff engagement.

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However, it does take time and energy to make sustainable improvements to your workplace, as you also need to analyse your operations and measure performance in order to achieve the best results.

As the world searches for new ways to help protect the environment, it takes everyone—both individual people and companies. Among the best ways to achieve that is through sustainability, as there are many small, simple tasks businesses can use to help cut back their carbon footprint and move toward more friendly environmental initiatives.

Below are six ways your company can reshape itself into a more sustainable business, according to ProBono Australia.

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1. Purchase compact fluorescent lights (CFL)

These lights last much longer while using 20-30 per cent less energy than normal light bulbs. The energy reduction will be substantial over time.

2. Purchase electronic machinery

This could be a major move for factories and warehouses. Electric machines are just as reliable and durable as their gas-fueled rivals, but still reduce consumption and amounts of pollution.

3. Install solar panels

Since they don’t require anything except sunlight, solar panels are a much more renewable and abundant options than using coal or gas. Those who use it may have a noticeable difference in both prices and utility consumption rates after installing them.

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4. Turn off lights when not using them

Although this is obvious and more of a mindset than a necessary purchase, turning off lights or outlets when they aren’t needed will reduce energy consumption and is a big step toward helping the environment.

5. Install new windows

Since older windows let cool or warm air escape during the summer and winter respectively, it also allows air from the outside into the building. There’s a sizeable difference between a fully-functioning window and one that’s working just moderately, as it will help reduce your energy bill and help your company conserve.

6. Use recycled paper and printing goods

Recycling paper is one of the best ways to save trees, as some types have even become endangered. Switching over to chlorine-free paper as well as recyclable toner cartridges and non-toxic printing ink will also help eradicate hazardous materials that pollute the environment.

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Jun 13, 2021

Seo JungJin: Who is EY’s World Entrepreneur of 2021?

EY
entrepreneurs
Leadership
celltrion
Kate Birch
3 min
From just US$45,000 capital in 2003 to a world-leading biopharma giant with revenues of US$1.69bn today, Seo JungJin is crowned EY World Entrepreneur 2021

Seo JungJin, founder of biopharma firm Celltrion, which most recently developed an antibody treatment for COVID-19, has been named the EY World Entrepreneur of the Year 2021, becoming the first South Korean in the award’s 21-year history.

Regarded as one of the world’s most prestigious business awards program for entrepreneurs, the EY Entrepreneur of the Year celebrates visionary and innovative leaders from across 60 countries who are transforming the world and fostering growth.

JungJin, who is now honoroary chairman of Celltrion Group, was up against a worthy cast of entrepreneurial competitors, taking the crown from among 45 award winners across 38 countries and territories.

Speaking during the virtual event, JungJin described his own interpretation of entrepreneurship as something that brings together “a group of people toward a common vision, embracing challenges as opportunities and committing oneself to contribute to the greater good”.

Why was JungJin crowned King Entrepreneur?

A South Korean native and now 63 years of age, JungJin founded biopharmaceutical firm Celltrion in 2003. In the nearly two decades since its founding, Celltrion has lived up to its goal of advancing health and welfare for all by developing ground-breaking drugs to treat autoimmune disease, various forms of cancer and, most recently, COVID-19.

The company, which JungJin started with just US$45,000 and five of his colleagues, has since growth to more than 2,1000 employees with sales permits in more than 90 countries and revenues exceeding US$1.69bn.

According to the panel, JungJin’s story is a shining example of the power of an unstoppable entrepreneur to change the world with the pandel moved by both his incredible story and his purpose-driven leadership, innovative mindset and entrepreneurial spirit.

Described by the chair of the EY judging panel Rosaleen Blair as “representing everything an unstoppable should be” from taking on the world’s biggest health care challenges to consistently creating long-term value for his company, JungJin’s story is one of incredible tenacity and perseverance that the judging panel felt most represented the entrepreneurial spirit.

“He’s taken breathtaking risks, both personal and professional, to found Celltrion and grow it into one of the world’s leading biopharmaceutical companies,” says Stasia Mitchell, EY Global Entrepreneurship Leader. “His passion for creating affordable, life-saving health care and flair for tackling global problems has led to many treatments that have helped millions of people worldwide and was especially evident this past year through the creation of a COVID-19 antibody treatment.”

How did JungJin get there?

JungJin's entrepreneurial journey started at an early age when he worked as a taxi driver to get himself through Konkuk University in Seoul, South Korea. After studying industrial engineering, he rose through the ranks of Daewoo Motor Co. before losing his job amid the carmaker’s financial troubles following the 1997 Asian economic crisis.

Following this, JungJin started collaborating with colleagues to explore business opportunities in different industries, though none delivered lasting success. The turning point came after he attended a talk hosted by renowned scholars, which inspired him to focus on the biopharmaceutical sector.

And so he founded Celltrion with just US$45,000 of his savings. The launch of Remsima, credited with being the world's first antibody biosimilar, quickly moved Celltrion up the ranks of the country's fairly underdeveloped pharmaceutical sector. Celltrion followed this success with the launch of drugs for breast cancer and lymphoma that today are being used worldwide.

With ambitions to be the world’s first in different areas, Celltrion has pioneered numerous uncharted areas to great success over the past two decades, most recently responding to the global pandemic by successfully developing an antibody treatment for COVID-19 and working to ensure a timely supply of the safe and effective treatment.

“When I first started, my vision was to help patients gain access to safe, effective and affordable medicines and thereby enhance the quality of people’s lives,” explains JungJin. “The success of Celltrion has enabled me to expand on this while finding new ways to fuel my entrepreneurial drive.”

 

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