Green Allowance
What is a Green Allowance?
A green allowance encourages eco-friendly choices by funding purchases that contribute to environmental sustainability. This could include renewable energy credits, carbon offset programmes, sustainable household goods, or electric vehicle charging costs. Employers offer this benefit to align workforce spending with corporate sustainability goals, reinforcing their commitment to environmental responsibility while giving employees practical support to adopt greener habits.
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Benefits to Employer
A green allowance aligns employee behaviour with corporate sustainability goals. Employers can strengthen their ESG credentials for investors and clients while fostering a culture of environmental accountability. This can also preempt regulatory requirements and attract partnerships with eco-conscious suppliers or customers.