Environmental Business Examples
To start implementing greener business practices, consider examining some of the leading global corporations. PepsiCo, for example, has recently implemented goals for sustainability and submitted them annually. Its efforts include reducing greenhouse gas emissions and the company’s overall impact on climate change. PepsiCo also prioritizes human rights and diversity in its workforce. These goals are tied to its commitment to be a “net positive impact company” – a goal that’s measurable in terms of net negative environmental impacts.
Environmentally-friendly business practices can benefit companies in a variety of industries. IKEA sources half of its wood from sustainable forests, for example. Most of its cotton suppliers use organic farming practices that reduce pollution in waterways. Chemical fertilizers and pesticides are also limited. These practices are a great example of how businesses can save money and be more sustainable. Some companies even offer incentives for sustainable living, such as free coffee. By offering these benefits, you can create an eco-friendly workplace.
The environmental-friendly policies of major corporations may not make sense in all cases. A business can’t make a commitment to adopt environmentally-friendly policies without first analyzing the costs. But if a company’s environmental policies are sound, it will be more likely to attract customers who share that value. Environmental-friendly businesses also provide a competitive advantage. Some companies are already adopting these policies with great enthusiasm. However, progress has been slow, and many businesses have had to make changes to their policies.