BUY AS YOU VIEW’S £6M INVESTMENT TO GO GREEN

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 2, 2010 -- The investment made by Buy As You View throughout 2009 supports the firm’s eco policy to significantly cut its carbon footprint.

Andrew Deeley, Commercial Director for BAYV, said: “During the past 12 months, the economic climate has forced many companies to cut back on their investments but Buy As You View has bucked the trend by committing more than £6m to eco-friendly measures. The company is dedicated to reducing its carbon emissions and is still putting environmental issues high up on the agenda.

“£6m is a significant investment in eco technology and Buy As You View is proud to have made that commitment.”

The investment includes £5m to replace the fleet of 500 company cars to an eco-friendly model and £900,000 for a greener home delivery service which will reduce the corporate carbon footprint by up to 20 percent. This involves the installation of a specialist logistic management tool – Paragon Multi Depot Software – to enable Buy As You View to plan and allocate daily delivery patterns and regular customer home visits more efficiently. This will considerably cut carbon emissions among the fleet by reduced mileage and greater fuel efficiency as well as improving the firm’s distribution operation and customer service levels.

The firm has also invested £250,000 on handheld computers for account managers based out in the field to reduce paper wastage and £28,000 on waste disposal facilities which will enable 80 percent of commercial waste to be recycled instead of going to landfill. It is estimated this measure will convert 180 tonnes of waste into recyclable materials.

Mr Deeley continued: “Our employees welcome the news that Buy As You View is going the extra mile to go green. We all need to do our bit for the environment and this considerable investment across the board will make a real difference as well as creating operational cost efficiencies. There are many changes companies can make to go green and we would urge others to make a similar commitment. Every step adds up to make an overall contribution and if the measures can help cut the operating costs of the business too then there really is no downside.”

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Buy As You View (BAYV) is a retail and consumer finance company, selling a range of electrical goods and furniture for the home. It provides a coinmeter repayment and credit facility for a personal, convenient and manageable way to finance and plan purchases. Products are bought on a hire-purchase weekly-payment basis with no deposit and no credit checks.

Customers pay weekly for their products through the coinmeter which is linked to their television. Account managers visit customers on a regular basis to empty meters and offer after-sales customer care. BAYV is a responsible lender and, before offering credit, run through a full evaluation of affordability with each customer.

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