Business report on going green

Fourteen organizations from across the state received grants for projects in line with the mission of the Red Ants Pants Foundation.

Business report on going green

When a company makes a concerted effort to reduce its negative environmental impact that is going green. It can manifest as taking measures to reduce utility costs, to starting recycling and reusing procedural programs, to buying green products and services in the service of the company. What are the benefits of going green?

Legal Compliance Most states and countries have laws on the books that mandate environmental compliance in various ways and forms, to varying extents.

The Environmental Protection Agency launched its Action Agenda and it is a truly mind-bogglingly comprehensive plan to reduce carbon emissions, while promoting sustainability and has actionable consequences, as well as incentives for being ahead of the green curve.

Saves Money Increasing energy efficiency saves on utility costs. Reusing existing material in creative ways means that fewer dollars are spent purchasing new stock to create products. Streamlining transportation of employees or shipping saves the earth as well as a substantial amount of money.

Although there is often a bit of money to be spent establishing green business procedures, it saves a lot of money over time. United Airlines developed a partnership with AltAir Fuels to begin using sustainable biojet fuel.

Purchasing low-carbon, renewable fuel for their airline is price-competitive with tradition fuel, and allows United Airlines to reduce costs overall. Green Marketing Awareness A business going green makes customers feel that it is a trustworthy business.

InNielsen surveyed 30, consumers and 42 percent of those consumers in North America agree they would pay more for products from sustainable sources. This is a 7 percent increase from a similar Nielsen survey two years before. By showing how much the earth means to them this fosters a sense of community thus a favorable impression of the business.

Employees feel safer working for green businesses.

business report on going green

Involving workers in company-wide green initiatives boosts morale. Establishing Status As more and more internationally known companies go green, the idea of going green becomes that much more tantalizing. The computer company Dell launched a recycling program that enables customers to return notoriously difficult-to-recycle electronics for free.

business report on going green

Auto manufacturer Honda is now known as one of the greenest businesses in the auto industry by optimizing fuel efficiency, among other measures. Going green gives a company a seat at the table of the big companies, in a sense, because only the most established companies go green.

When it comes down to it the benefits of going green for a business, the benefits far outweigh any negatives. The time and money it takes to establish new environmentally green protocols pay back in dividends over the years, not only in money but also in feeling good that the company is good to the planet.Latest news, expert advice and information on money.

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Business News, Personal Finance and Money News - ABC News In fact, this is not the case! In recent years, many big-name companies have realized their way towards more sustainable and eco-friendly business practices.
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Pensions, property and more. A business going green makes customers feel that it is a trustworthy business. In , Nielsen surveyed 30, consumers and 42 percent of those consumers in North America agree they would pay.

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