The Benefits of Green Business

With publicity surrounding the threat of global warming on the rise, environmental consciousness is at an all-time high. Here are some benefits of “Green Business”.

1) Capture the business of the ‘Eco-Conscious’ consumer:

The eco-conscious consumer market is becoming a larger demographic in Australia. Becoming more environmentally friendly will help businesses gain a competitive edge by appealing to the growing share of consumers seeking greener products and services. Green consumers globally had an estimated annual buying power of US$500 billion in 2008 (Sustainable Growth, Sensis). Green consumerism is also expected to grow rapidly over forthcoming years despite the economic crises.

2) Enter the Sustainability Supply Chain

Australian SMEs are discovering that companies already on the path to sustainability increasingly prefer to do business with other sustainable companies. Consequently, embedding sustainability into their supply chain operations. Many organisations are now looking at supply chain sustainability and extending evaluation to their suppliers. Companies are no longer only measuring the sustainability of their own business operations.

3) Help Save the Environment

Changes to a business’s everyday activities will help reduce the strain on the environment and promote sustainability to the wider business community.

4) Save Money

By paying attention to the social and environmental bottom line, you can run your business in a more efficient and effective way. This can have a positive impact on your financial bottom line (Sustainable Growth, Sensis). At ARTA Advisors we help businesses save money by helping them quickly implement sustainable environmental practices which conserve energy, water, resources and minimize waste. DLA Piper undertook ARTA Advisors’ certification program at their Brisbane office. In 6 months they saved 38% on their electricity and 20% on office consumables.

Being sustainable means taking into account the impact your business has on the environment and communities in which it operates (Sustainable Growth, Sensis). Sustainability is set to soar and businesses that are involved will be reaping positive benefits.

 

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