Profitability of Environmentally Friendly Companies

Recycling helps the Earth and environment more than the average person realizes. Conserving energy, or finding more efficient and more eco friendly ways of getting energy also helps keep the Earth healthy. If more people recycle and factories and industries reuse their materials, the hunt for more raw materials will not be as necessary and harmful to the Earth. A lot of materials are not reused and instead new materials have to be brought in and that wastes not only materials but energy too. Recycling steel could reduce energy uses by 60% and easily help conserve a lot of energy. A ton of companies use steel so it would not be very difficult to do. A form of recycling that is not very well known is burning trash instead of burying it the way we do in the U.S.. Sweden practices this concept and their theory is that the majority of the things they burn in the fire were part of the carbon cycle not very long ago so it is as if they are speeding up the carbon cycle without hurting their environment. This plan also is helpful

Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

The New Sustainable Advantage showcases the importance of how organizations, large and small can identify areas in which their sustainable measures can improve their green thumbprint as well as increase their overall revenues in about 5 years. Bob presents this model in a systematic way pursuing that organizations can improve productivity and become more sustainable over time without sacrificing revenue. This should begin at the CEO Level of every organization as well. Without upper management cooperation and understanding, it will be much harder and near impossible for a company as a

Our company wants us to be mindful of the environment when carrying out our work. In our hotel we all recycle; we reuse scrap paper for note paper, and we also have bee hives on the roof of the hotel. The bee’s numbers are dropping in the UK so we feel obliged to help look after them. We also use local suppliers who are keen on reducing their carbon emissions. As well as all of these, we do our best to keep electricity and water use to a minimum.

2). Implementing environmental friendly programs comes with many benefits such as: gaining like-minded consumers, possibly bringing in newer clients, saving the company money through the use of eco-friendly business practices, providing a healthier workplace for employees, thus reducing sick days which decrease efficiency in the workplace, and tax

2) Tips on how to recycle(the solution) Practicing the concept of recycling will benefit us in our everyday life. Have you given a thought to the amount of energy you waste on an everyday basis? Do you really require the light to be switched on at your sink in the morning? Therefore, reduce the use of energy. This is simply because, a lot of materials are

As we can see , environmental challenges in recent years have increased the trend of “going green” in businesses like never before. There are two main factors that are currently pushing toward environmental-friendly business practices, harsher international and local regulations, and the high fluctuations of fossil-fuel prices.

Greening is the act of saving energy and creating products that is eco-friendlier. Businesses that owns air dryers in their public restrooms, using reusable bags when shopping, buying cars and trucks that are fuel efficient or hybrids, and having solar panels built on the roof of a house to use energy given directly from the sun are just four examples of greening. Three businesses that are going green are: Wal-Mart, Starbucks, and Bank of America. Wal-Mart is putting its plan to power each and every one its stores using 100% renewable energy sources in the works; one of the many examples of Starbucks going green is now they sell customers a semi-permanent cup which only costs $1 and it lasts for about a month, instead of them giving away

This company has implemented so many different methods for going green, therefore I will be only discussing two as follows; the first strategy is a slogan that is being used by the organization on a regular basis called by the name; Reduce, Reuse, Recycle. All the stores that the company has have taken the initiative to reduce the impact we as human beings create on the earth by reducing paper by going paper less, composting, using vegetable based inks etc. Reuse- this is done by reusing materials whenever it becomes possible. The company provides the use of reusable grocery bags to its customers, new stores are constructed with reclaimed wood and bricks and also the installation of rain water collection systems to reuse rain water for non-consumable purposes is being practiced. Recycle- this is done through the utilization of the delivery trucks which backhauls waste to regional facilities where it is turned into compost and donated to community gardens or stores. Other methods of recycling is done by replacing disposable batteries with rechargeable ones, using recycled paper with a high percentage of post-consumer waste

The competitive environment in today’s business world poses many dangers to the sustainability of the biosphere, which is so vital to life. Business organizations have a responsibility to help sustain and preserve the environment for future generations. Corporations must take initiative in developing business plans that incorporate sustainable business practices into the strategic direction of the organization. Successful achievement of a sustainable business plan also requires identification of barriers to implementation and development of strategies to overcome such barriers. In addition, to

Try, try, try again and you still can't get it together. You print the first draft, and noticed that you missed a few commas. You print the second draft only to realize you have a few run on sentences. You print, what you think to be the last draft only to find out you have mispelled multiple words. Before you know it, you have thrown away multiple sheet of paper and cost your business more money. Most people are aware that recycling benefits the environment. However, were you aware that recycling also can produce a profit for your company? By obeying the following tips you workplace willbe ready to save the world. 1) create a recycling program. Contact your local recylcing company and see how you can start a recyling program. Most paper, aluminun,

In order to save the environment from pollution, businesses should consider having an environmentally-friendly operation. Protecting the environment is a key factor in going green that is beneficial to businesses and the environment. This topic is discussed in Ava Mohsenin’s article, “Can Businesses Be Environmentally Sustainable And Still Make Money?” Businesses stepping forward to lead a change in sustainability signifies there is profit and other benefits to being environmentally friendly. Additionally, Dupont is committed to “65% reduction and was saving $2.2B a year” through energy efficiency (Mohsenin). Kate L. Harrison, a communications marketing expert, explains in the article “10 Ways to Green Your Business and Save Money” that although some methods will not show profit immediately, business owners that use public transportation or have a fleet of hybrid vehicles can see an increase in profits over time. Furthermore, Mohsenin suggests that companies give their employees Prius’ in order to save money on gas and not pollute the air as much, similar to a brewing company that follows these

The researchers of “Green to Gold” have put together three viable reasons for, as they say, “adding the environmental lens” to business practices (Esty and Winston 11):

For much of the past, most businesses have acted with little regard or concern for the negative impact they have on the environment. Many large and small organisations are guilty of significantly polluting the environment and engaging in practices that are simply not sustainable. However, there are now an increasing number of businesses that are committed to reducing their damaging impact and even working towards having a positive influence on environmental sustainability.

Company must consider more about the environmental concerns in their production process. They should use sustainable strategy in the long-term.