Newspaper article The Journal (Newcastle, England)

Midas Touch Shows Real Results for North-East Businesses; in Association with One North-East Energy and Environment Review

Newspaper article The Journal (Newcastle, England)

Midas Touch Shows Real Results for North-East Businesses; in Association with One North-East Energy and Environment Review

Article excerpt

AN initiative to help companies manage their resources more effectively is already having a positive impact on the profits of North-East businesses.

The pounds 1.6m Midas programme run for One NorthEast by Newcastle-based energy company TNEI aims to show businesses how more efficient use of energy, water and other materials increases profits and competitiveness as well as minimising waste and pollution.

Removals and storage company Quicksilver, founded 20 years ago on Tyneside, has experienced rapid growth in recent years and has just constructed additional purpose-built premises at Throckley.

Like other businesses in the region, Quicksilver has had to deal with big rises in waste and energy costs. Although the company tried to offset these cost increases by putting a waste management policy in place, the Midas analysis showed it would benefit from a formalised Environmental Management System (EMS).

This will allow the company to analyse its environmental risks more closely but also provide a clear policy and identify actions to integrate resource management into its daily operations.

Through Midas, the company was helped to analyse, design and integrate the EMS and hopes to achieve ISO14001 accreditation.

The MKW Group is made up of four companies based at Ryton providing engineering solutions from design to manufacture, testing and installation as well as maintenance and project management.

One of the companies manufactures the Gazelle wind turbine which is being installed on Tesco stores around the country. In total, the MKW Group employs 150 people with a turnover of about pounds 8m. Group managing director Michael Wright said: "This year we were faced with a 50% increase in our energy bill so we were keen to raise awareness of this among our employees, develop a proactive approach to energy management and prioritise low-cost and no-cost opportunities for making savings. …

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