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Cost Savings

By using the Reuse website to find new homes for unwanted office furniture, fixtures and fittings, we can save both the University and the environment in terms of cost and CO2 emmissions.

Reuse furniture and equipment

Why are we calculating the financial savings?

New purchases at the University of Leeds can be divided into two main areas. Items purchased for new buildings and refurbishments and items purchased by departments on an ad-hoc basis. As the University only purchases items through approved suppliers, the financial information is relatively easy to acquire. With increasing pressure to reduce our spending at the University, we can use this information to give an accurate record our financial savings through reuse.

How do we calculate the financial savings?

As data is readily available from our approved suppliers, we are able to use actual financial values to keep a running total of our reuse. We take the cheapest cost of replacement as the standard price for any items reused. This means that, although not an accurate portrayal of our savings, our total is a minimum value – meaning that our actual savings are likely to be much higher!

How is the data reported?

Once an item is reserved on the system, it is the responsibility of the users to discuss collection. Once collected, the items need to be signed off by the collector. Once signed off, this information is automatically recorded on a database which is managed by the sustainability team at the University. This information can be extracted as required and can be used to report our carbon savings.

Click here to view the yearly financial savings