The temperature of our planet has slowly been rising, causing unprecedented climate change, a rise in sea levels among other effects. According to experts, this is a direct result of man's activities. For this reason, many governments around the world have made it their priority to do something about this problem. Fortunately, businesses have adopted the same attitude. In the race to become greener, they are using a number of tools, with a sustainability journal being one of the most valuable.
It is extremely important that businesses start early in the journey of implementing any policies and goals which enable them to be environmentally friendly. This is an issue that is going to attract increasing attention and regulation, and any corporation that will have already made the necessary investments will be ahead of its competitors, who will waste valuable time trying to catch up.
Another benefit relates to a reduction in operational costs. For instance, if a business invests in more energy efficient lighting, its electricity bills will decrease. The costs of making a company greener can be recouped from this reduced need to invest in capital and recurrent expenses. The advice from experts to all organizations that want to go green is to do a cost benefit analysis first in order to determine the best approach to use.
Globally, consumers are increasingly aware of how the environment affects their lives, and are voting with their feet, buying only from those companies that continually seek to minimize the impact of their operations on their surroundings. Such firms are thus more likely to be profitable, and in a better position to attract investment.
Firms that fail to go green may have problems on another front; they may be unable to attract highly skilled individuals to work for them. This is rooted in the fact that workers prefer those companies that boost their personal brand. Corporations that do the opposite may find themselves in a great deal of trouble, particularly if they have to compete for workers with skill sets that are hard to find. Workers also know that a firm that is not green will be unable to sell its products, and may have to shut down.
Corporations use billions of Euros every year in order to craft a positive image to consumers and other stakeholders. Going green is a much cheaper way of achieving this goal. According to one study, consumers are even willing to pay more for products from companies that care about the environment. Being Eco friendly is not just a way of enhancing a company's image, but also a method of boosting its bottom line.
Choosing to be environmentally friendly holds other benefits. For instance, it gives a company an edge in the marketplace. Firms spend mind boggling sums of money in order to create and maintain a competitive advantage. Being green is a way of doing the same thing while using a lot less.
Being Eco friendly is not a choice. Government regulations, improving enforcement and consumer preferences have made that clear. Any company that wants to be around in the next century ought to invest in green practices and a sustainability journal as soon as possible.
It is extremely important that businesses start early in the journey of implementing any policies and goals which enable them to be environmentally friendly. This is an issue that is going to attract increasing attention and regulation, and any corporation that will have already made the necessary investments will be ahead of its competitors, who will waste valuable time trying to catch up.
Another benefit relates to a reduction in operational costs. For instance, if a business invests in more energy efficient lighting, its electricity bills will decrease. The costs of making a company greener can be recouped from this reduced need to invest in capital and recurrent expenses. The advice from experts to all organizations that want to go green is to do a cost benefit analysis first in order to determine the best approach to use.
Globally, consumers are increasingly aware of how the environment affects their lives, and are voting with their feet, buying only from those companies that continually seek to minimize the impact of their operations on their surroundings. Such firms are thus more likely to be profitable, and in a better position to attract investment.
Firms that fail to go green may have problems on another front; they may be unable to attract highly skilled individuals to work for them. This is rooted in the fact that workers prefer those companies that boost their personal brand. Corporations that do the opposite may find themselves in a great deal of trouble, particularly if they have to compete for workers with skill sets that are hard to find. Workers also know that a firm that is not green will be unable to sell its products, and may have to shut down.
Corporations use billions of Euros every year in order to craft a positive image to consumers and other stakeholders. Going green is a much cheaper way of achieving this goal. According to one study, consumers are even willing to pay more for products from companies that care about the environment. Being Eco friendly is not just a way of enhancing a company's image, but also a method of boosting its bottom line.
Choosing to be environmentally friendly holds other benefits. For instance, it gives a company an edge in the marketplace. Firms spend mind boggling sums of money in order to create and maintain a competitive advantage. Being green is a way of doing the same thing while using a lot less.
Being Eco friendly is not a choice. Government regulations, improving enforcement and consumer preferences have made that clear. Any company that wants to be around in the next century ought to invest in green practices and a sustainability journal as soon as possible.
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