Retailer finds only 5% of small businesses saving water despite rising overheads

Water retailer, Wave has found that 95% of small and medium sized businesses are overlooking cost reduction opportunities from reducing water waste, despite rising overheads.

A survey of 500 SMEs carried out independently for Wave found just 5% are cutting down on water usage to address higher costs, despite 87% responding that water is a vital part of daily operations.

Wave commented: “Water usage is at the bottom of the pile when it comes to operational priorities. This highlights that many SMEs aren’t aware of how much their water is costing, or how much is being used, making it difficult to identify areas where savings can be made.”

To support SMEs in their water saving journey, Wave has created e-book covering water waste and providing practical tips and advice on improvements.

Head of operations, Oli Shelley, said: “As the cost of living consistently squeezes UK businesses, it really is a case of every penny helps and we encourage SMEs to explore all avenues for navigating the everyday savings that can be made across the board.”