As a company keen to share ideas about sustainable practices, we’re elated to see our founder and CEO share his expertise and our experience at industry events. Today Mario Insenga has been speaking at the Philagreen Conference, run by the Philagreen Hospitality Association, an initiative comprised of hospitality and environmental professionals joining together to create sustainable “green” business practices.
The Philagreen Hospitality Association encourages and supports hospitality professionals to green their operations in a variety of ways, from using environmentally friendly cleaning products to obtaining LEED (Leadership in Energy and Environmental Design) certification.
Following a great introduction from Philagreen’s Francine Cohen, which outlined some of the experience we have gained over our thirty years in business (- did you know we’ve worked with more than 20 thousand hotels around the world?), Mario and was given the opportunity to explain how getting greener can and should be something that is an instant return on investment – and how these two types of ‘green’, the environment and the bottom line are not mutually exclusive – and even going so far to say that green doesn’t mean a thing in business if it doesn’t make or save money.
The event was engaging, and Mario got some interesting feedback on our approach – the benefit and ease of extending the life of furniture past the seven year amortization period, how globally-respected brands have saved 80 percent by adopting refinishing and reuse, and changing attitudes so furniture is seen – and classified financially – as an asset, and not a disposable line item. And the other price we each pay as 80 acres of rainforest is destroyed every minute.
Next week we’re going to share some more of Mario’s thoughts in an interview with him, as we ask where furniture should go as a line item on your balance sheet – expense or long term asset?