Despite the growth of sustainable business, this extrordinary transformation has only just begun. The combination of regulation and demand will color the future a much darker shade of green than what we see today. Whether you are a passionate supporter of efforts to combat climate change or a science-hating denier, everyone will have to contend with a business environment that will be unmistakably greener.
The core features of the new green economy are here to stay and will keep growing. This includes things like efficiency, conservation, waste reduction, pollution prevention, supply-chain management, environmental reporting, biomimicry and cradle-to-cradle products.
Although the green economy is a permanent fixture, companies will continue to rise and fall as new technologies emerge and old technologies are rendered obsolete. But the core features of green business will be with us for generations to come.
More and more companies are adopting greener practices and environmentally oriented consulting services are very much in demand. However, the green market is still very young.
The vast majority of businesses have yet to adopt sustainable practices. According to the Sustainability & Innovation Survey by MIT’s Sloan Management Review and Boston Consulting Group, small business has been especially slow to adopt sustainability. Their survey revealed that 82 percent of small companies have yet to go green, and 66 percent of large companies have yet to embrace sustainability. That leaves a lot of room for growth.
Today the green market may seem big, but the business world of tomorrow will be much greener.
© 2011, Richard Matthews. All rights reserved.
Cost Benefit Analysis of Sustainable Business
Sustainable Practices are a Strategic Priority for Business
The Overwhelming Logic of Sustainable Business
Sustainability is an Unstoppable Megatrend
Sustainable Successes and Failures
Sustainable Business Methods, Strategy, Management and Reporting
Surveys of America’s Greenest Brands
Consumers Continue to Embrace the Burgeoning Green Market
Consumer Demand for Green
Cooperation Between Environmental Organizations and Businesses
Best Green and Sustainable Business Twitter Feeds
10 Business Pledges
10 Great Companies Who Were Green Before It Was Cool”
Predictions for Sustainable Business and the Green Economy in 2011
Social Media Driving Corporate Environmental Sustainability
People Remain Loyal to Green Even in an Economic Downturn
Green’s Bottom Line: Staying Competitive in Volatile Economic Times