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Unsure about the cost in what way? - in a way that purchasing reusable office supplies would be more expensive? Or not bothered about saving on costs for the company? Sounds a good idea to me, I wouldn’t be against it.
We do double-sided printing, and we have refill stations for office supplies.
Sometimes, the more sustainable route isn’t always the cheapest. We started a similar initiative and focused on the cost-effective options first. Energy efficient lighting and power strips, as they needed to be replaced. That is something else important, going and changing a bunch of things is a waste. Better to make plans like that at first.