Yes it is true, paper production and its consumption not only hurts the environment, but also your businesses time and money.
Did you know paper increases the cost of running your business….takes 60% of your time….accounts for 40% of stress related issues and more. Here are few more facts that you must know about paper filing and its effect on businesses.
- - Businesses spend hundreds of millions of dollars every year on business mail.
- - An estimated 55% of office waste is paper – much of it printed on only one side.
- - One multi-office audit found employees used an average of 39 reams each – that’s 19,500 sheets of paper per employee.
- - If employees printed double-sided on just half of that paper, it would save $60 per employee or $600 for an office with ten people.
- - Printing, copying, packing, posting, storing, filing, finding, recycling and disposing of paper can cost businesses up to 31 times as much as the price to buy the paper.
- - The average photocopier uses $1500 worth of electricity, $24,000 worth of paper and $15,000 worth of toner over 7 years.
Paper costs businesses millions in wasted time:
- Research indicates that it costs up to $120 in labor to find a mislaid document.
- On average, staff spends 9.6 hours a week searching for information.
- A company of 1000 workers wastes $7 million in staff time looking for information.
That’s not all; now let’s shed light on the consumption and manufacturing of paper and its effect now and in future.
§ Recent US Department of Commerce figures indicate that paper and printing purchases represent between 5% and 15% of all corporate expenditures exclusive of labor.
§ The average US office worker uses over 10,000 sheets of printing and copying paper per year.
§ The average US office worker generates 2 lbs. of paper waste per day.
§ Per capita consumption of paper in the US is currently over 748lbs.
§ Paper consumption has increased six-fold over the past 50 years.
§ Each person in the United States uses approximately 750 pounds of paper each year. This equals approximately 187 billion pounds per year.
§ 4 billion trees are cut down each year just to satisfy the world’s paper needs.
§ The world consumes approximately 300 million tons of paper each year.
§ The world consumes five times more paper now than in 1950
§ Most of the world’s paper supply, about 71 percent, is not made from timber harvested at tree farms but from forest-harvested timber, from regions with ecologically valuable, biologically diverse habitat.
§ Global production in the pulp, paper and publishing sector is expected to increase by 77% from 1995 to 2020.
§ Industrialized nations, with 20 percent of the world’s population, consume 87 percent of the world’s printing and writing papers
§ The paper industry is the largest consumer of forests in the Southern US, currently logging an estimated 5 million acres of forests (an area the size of New Jersey) each year.
§ More than 40 percent of logged trees is used for paper.
§ All recycled papers now account for less than 10 percent of the paper market.
Hence, considering the above facts, it is clear how badly paper manufacturing and its consumption is degrading our once healthy and green environment and it is our responsibility as citizens to protect our world from future harm, in fact we should work towards generating our world back to its health and green self.
As we said earlier, greentax2290.com has taken a step forward in promoting good health of the environment by providing electronic filing form 2290 services. Now its upon individuals, to take a step ahead and join us in our efforts by using the services of greentax2290.com to e file tax form 2290.
This is a copyrighted© article written by Diva who is associates with www.greentax2290.com. No permission is granted for commercial use. You may reproduce this article with written consent from the TRS Holdings, Inc, parent company of greentax2290.com by emailing to support@greentax2290.comor by calling at 800-578-2290
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