Investors in the Environment (IiE)
Topic of the practice
environmental accrediation scheme for businesses
Good Practice Information
IiE is a demand side measure; a not-for-profit environmental accreditation scheme, designed to help businesses save money and reduce their impact on the environment. It is designed to fill a gap in the accreditation market; ISO-14001 can be expensive and difficult for smaller businesses to achieve. IiE is applicable to all businesses and has its own Environmental Management System.
With start-up supported by the Environment Capital Partnership, the Environment Agency and Peterborough City Council (amongst others), IiE is now financially self-sustaining, as companies pay for accreditation. The initial start-up funding was £12,500, made through initial LPSA funding.
Evidence of success
IiE was initially launched by Peterborough Environment City Trust, not only to help local businesses by reducing their environmental impact, through implementing an environmental management system, but to also get the extra support to ensure that you are on track and to promote your green initiatives. Within two years, Yorkshire Energy Partnership launched the first iiE franchise to cover Yorkshire and Humberside, this was soon followed by The Nottingham Energy Partnership who manages Nottinghamshire and Derbyshire.
Currently IiE is a nationwide scheme that can help any business small or large to become environmentally aware and to reduce their impact on the environment and save money. Over 700 companies have pledged to undergo accreditation, with 100 having done so already.
Contact details to obtain further information on the practice
Peterborough Environment City Trust
Annex completed on: 09-24-2012