Green Business Changes The Principles, Policies, And Practices

Businesses who participate in environmentally friendly practices will become more profitable. There are difficulties and costs that a business will face and profit takes time but is proven to positively impact a business. “The reluctance to address the forces that are polluting the planet always comes down to money (Smith, “6 Reasons Nations Don't Go Green.”). Implementing environmentally friendly practices within a company “will win them customers, and increase profits” (McDonald, “Why Do (or Don’t) Companies Go Green?”). Many global companies today carry out environmental management tools to adapt to environmentally friendly practices, which helps gain customers, and in turn becomes more profitable. In this paper, I will go into further detail explaining why businesses should be more environmentally friendly, the benefits to be gained, costs that come with being environmentally friendly, and management ways that help a company become environmentally friendly.

After tons of research, it turns out that global warming plays a key role in the climate we are experiencing today, and we are living in its effects. With the expansion of the greenhouse effect, the high temperatures caused by fossil fuel emissions are leading to the melting of glaciers and rising sea levels. The Southwest

The colder temperatures in Europe due to the shutting down of the thermohaline circulation could have an adversarial affect on the agriculture in Europe. Plants that grow in Europe that require warmer weather would not be able to survive, and many crops, and farms as a result, would die because their new environment would not be equipped to best help them grow.

In addition to this the global climate has begun to rise significantly, especially since the late 1970's. The National Academy of Sciences expects doubling of atmospheric carbon dioxide and other greenhouse gases by the end of the 21st century, and this could raise the Earth's temperature anywhere from 1.5-4.5 celsius degrees by that time. Global warming affects the climate patterns of Earth in many ways, such as rises in temperature and precipitation and decreases in soil moisture. Agricultural productivity will increase in northern regions, but without moisture in the south it will drop dramatically. In addition there will be more frequent and violent storms and a plethora of local impacts around the world.

(Swim et al., 2016). In addition to rising temperatures, this includes more frequent wildfires and hurricanes, rising sea levels, longer periods of drought in some regions and an increase in the number,

The biggest peril change to humanity this century is the change in climate. Regional and

The Impacts of Climate Change on Society: Global climate change has the ability to adversely impact and disrupt many sectors of society —including, people’s health, agriculture and food supply, water supply, ecosystems, and more. Extreme weather events, such as decreased rainfall, lead to prolonged and more intense wildfire seasons which result in decreased air quality for those in proximity. Droughts increase the stress placed on ground water supplies which is resulting a reduction of water quality due to increased contamination following intense period of rainfall (“Impacts”). Rising temperatures and increased greenhouse gas emissions have led to increased air pollution (i.e. aerosols and black carbon) which is detrimental to individual’s with respiratory problems. Additionally, dry conditions have resulted in an increase in the intensity and duration of allergy seasons in addition to an increase in the spread of insect borne diseases (“Global Warming”). Furthermore, sea level rise and more intense storms puts coastal communities at risk of catastrophic storm surges and flood damage (“Impacts”). Ecosystems that act as natural buffers to combat the impacts of severe weather related events (such as floods and fires) are being devastated. For example, increasing acidification of the oceans in addition to overfishing have disrupted marine-based food production and harmed fishing industries (“Impacts”). The United States energy infrastructure, primarily relating to electricity,

Climate change is one of the major issues surfacing earth over the past century. The earth’s temperature has increased over the years leading to detrimental effects on the economic and life sources of people, especially that of agricultural production and livestock. The Merriam-Webster online dictionary (2014), defined climate change as a change in global climate patterns apparent from the mid late 20th century. The Intergovernmental Panel on Climate Change, IPCC, (2007) predicts that by 2100 the increase in global average surface temperature may be between 1.8° C and 4.0° C. With increases of 1.5° C to 2.5° C, approximately 20 to 30 percent of plant and animal species are expected to be at risk of extinction. Moreover, the IPCC (2007)

The Glaciers and snowy mountains are also disappearing. In 1910 Montana’s Glacier park had 150 glaciers compared to today where they now only have 27[Global Warming Fast Facts]. Another thing that is highly affected climate change are Coral reefs they are very sensitive to small temperature changes and the slight gains of PH in the water. The main sign that a coral reef is dyeing is that they will bleach, turn an off-white color. A survey of the coral reefs in 1998 showed some reefs had been 70% bleached[Global Warming Fast Facts].

Green Consumerism is one such initiative that several multinationals adopt across the world in order to survive competition, win over people’s hearts and also to ensure that business profitability is sustained. Green consumerism basically

Green manufacturing is a key player in providing cleaner energy resources, reducing greenhouse gases and other harmful emissions, degrading the impact of these gases, conserving natural resources and minimizing wastes. Not only will it be beneficial to grow the renewable energy and clean technologies industries for environmental purposes, but it will also be beneficial to the global economy, as “It is estimated that green energy can save [Europe] 3 trillion Euros by 2050”. “Green jobs are growing faster than overall job growth in the United States”, thus showing that being environmentally sustainable is a necessity and is becoming a major component of a manufacturers business plan to stay industrially competitive. Green

Lean green strategy focus on the firm becoming socially responsible, by complying with existing regulations, with out the need of a communicating their green initiatives to consumers due to their concern of being differentiated from competitors because of their use of green business practices, as they might not be always sustainable. The main objective of this strategy is to achieve a cost competitive advantage through product development over the rest of competitors, in order to reduce costs through their environmental initiatives. A few examples of the users of this strategy are Budweiser and Coca-Cola, as they have engage in environmental practices by reducing the amount of aluminum in their product cans, and starting recycling programs which helps saving millions of dollars to them each year. However they don’t advertise these green initiatives, due to the fact that linking them to their brand and product could affect them adversely.

Selling environmentally friendly products and services has gone mainstream. Not only is this good for the planet, it 's also great news for your business because consumers are often willing to pay more for products that protect the natural environment by conserving energy or resources and reducing the use of toxic agents, pollution and waste. The vast diversity and availability

 Green marketing is a vital constituent of the holistic marketing concept. It is particularly applicable to businesses that are directly dependent on the physical environment; for example, industries like fishing, processed foods, tourism and adventure sports. Changes in the physical environment may pose a threat to such industries. Many global players in diverse businesses are now successfully implementing green marketing practices.

Few years ago when climate change really started to come into focus and people began to think how to protect our mother Earth and of  the ways to create a sustainable hospitality industry, many hotels and resorts started  their green programs  being a first choice for many guests and travelers since last decade.