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Sustainable choices that could save you money

From meal planning to upcycling furniture, small changes could help reduce your carbon footprint and save you money.

Here are some things you can try:

Plan your weekly meals

According to the Office for National Statistics (ONS), UK households waste 6.6 million tonnes of food each year, with households losing an average of £60 each month by throwing away food. 

Creating a weekly meal plan could help you save money. By knowing what you’re having each day, you’ll only need to buy the necessary ingredients. You can then label any leftovers to eat later and reduce waste. 

Here are some other tips to avoid food waste:

  • Review what you have – before you go food shopping, check what’s in your cupboards, fridge, and freezer to avoid buying items you already have
  • Use your freezer – extend your food’s lifespan by freezing it
  • Consider food labels when meal planning – 'best before' is for quality, while 'use by' is for food safety (you shouldn't eat food after its 'use by' date)

Recycling

According to WWF, 8 million tonnes of plastic litter the oceans each year. Single-use plastics (eg water bottles and food containers) are some of the worst offenders. In England, Wales, and Northern Ireland, the overall recycling rate for these plastics is an estimated 29%. However, we can give plastic another life by recycling correctly. 

For example, WWF recommend washing glass jars and using them to store things like teabags or leftovers. This saves glass from going to landfill and could save you from buying new storage containers. 

Reusing and repairing electronics

According to the Energy Saving Trust (EST), 53.6 million tonnes of electronic waste was produced globally in 2019. By keeping an old phone or repairing a broken gadget, we can prevent electronics from being sent to landfill. 

If you’re buying a new gadget, you can sell your old one second-hand to prolong its life. If your gadget is beyond repair, you can search for a recycling unit that accepts electronics. EST points out that we only recycle 20% of electronics, and increasing this percentage could reduce our carbon emissions.

Re-usable products

Many coffee shops encourage customers to bring their own cups in exchange for a small discount. Not all single-use cups are biodegradable, so you can reduce waste by bringing your own. 

A reusable cup could reduce your carbon footprint and potentially save you some money through coffee shop discounts. Similarly, using a bag-for-life can stop you from spending money on a new single-use plastic bag. 

Visit WWF for more tips on how to reduce plastic waste. The Energy Saving Trust also has information on how to be part of the solution to plastic pollution

Making more conscious purchasing decisions

WWF states that buying second-hand clothing could save you money. Buying second-hand can also reduce the amount of clothes going to landfill and the carbon footprint from manufacturing new clothes. 

If your clothes wear and tear, you can find online tutorials that teach sewing and embroidery to give your garment a new life. Alternatively, you could get some money back by selling your old clothes through a second-hand clothing platform or at a car-boot sale. You can also donate your clothes to a charity shop.

Upcycling furniture

Instead of throwing away old furniture, you can sell them and potentially claim some money back. You can also buy good quality second-hand pieces, which may cost less than buying new furniture. According to GOV.UK, the Reuse Network estimate that they have provided reused furniture to 1.1 million households, leading to £427m in savings.

Many online tutorials show you how to fix appliances and furniture when they break. WWF highlights the 3 positives of upcycling your furniture: 

  • Potentially save money
  • Reduce waste
  • Learn new skills

You can also visit WWF: Ways to help our world on a budget for inspiration on what you can do.

Today we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit www.hsbc.com/sustainability

Verified by energy saving trust

Energy Saving Trust

Energy Saving Trust is an independent organisation dedicated to promoting energy efficiency, low carbon transport and sustainable energy use to address the climate emergency.

Any reference in this article to Energy Saving Trust has been verified by Energy Saving Trust. Last updated April 2024.

This article was last updated on 02/05/2024, 10:59