Sustainable Production cost savings in the motion picture industry were determined years ago but are only recently becoming popular. In 2009 Green Screen Toronto released a report titled Green Practices Handbook- Environmental Options for the Film-based Industries that noted significant savings. On a large feature film, for example, reducing office paper use and print double sided could save approximately $17,500. A 20% reduction in set construction and 25% reuse of the materials could result in savings of approximately $27,000 for tipping fees (see figure below).
Thousands of dollars can potentially be saved by going green!
The LA Times recently published an article titled, Greener film shoots can also save costs, report says. The report referred to in the article is Going Green & Saving Green: A Cost-Benefit Analysis produced by the PGA Green, a nonprofit organization formed by the Producers Guild of America in 2009 to spread awareness about how filmmakers can go green. The report notes many cost saving strategies to slash budgets. For example using reusable water bottles instead of plastic water bottles may reduces the production’s water budget by 51%, composting, recycling, donating materials may reduce waste disposal budgets by 40%, and using rechargeable batteries instead of disposable nine-volt batteries can decrease the battery budget by approximately 60%.
Thinking more broadly and looking at what other industries are doing, saving money is the number one reason executives today give for moving towards more environmentally sustainable business practices noted in a recent article by Environmental Leader and a report produced by Grant Thornton.
Environmental Leader succinctly notes that the Grant Thornton report, titled Corporate Social Responsibility: Beyond Financials draws on more than 2,500 interviews with business leaders in 34 economies and looks at what companies are doing to make their operations more sustainable and why. One report result: Cost management (67 percent) emerges as the key sustainability driver (see chart on the right).
Going green and saving green is not a myth it’s a reality now!