Wednesday, January 27, 2021
GMO test
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Investing
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • Jobs
    • The Green Economy
    • GDP
  • Energy
    • Solar
    • Wind
    • Fossil Fuels
    • Renewables
  • Environment
    • Emissions
    • Wildfires
    • Biodiversity
    • Extreme Weather
  • Technology
    • Food
    • Health
    • Buildings
    • Renewables
    • Carbon Capture
    • Transportation
    • Climate Change
  • Social Change
    • Activism
    • Education
    • Psychology
No Result
View All Result
GMO test
No Result
View All Result
Home Uncategorized

Corporate Sustainability is Driving Green Businesses in the UK

by Richard Matthews
February 7, 2012
in Uncategorized
0

Despite a slow economy, corporate spending on sustainability will grow green businesses in the UK. According to a report from research firm Verdantix spending on sustainability by large UK firms on energy, environment and sustainability initiatives will grow by an average of 16 per cent a year for the next three years culminating in a market worth £6.8bn in 2015.

The report predicts spending on sustainability among the 420 UK firms with revenues of more than £750m will rise 12 percent in 2012 to £4.3bn, 15 per cent in 2013 and 17 per cent in 2014 and 2015.

With the UK economy expected to grow at a rate of the 0.6 percent in 2012 the growth of sustainability is welcome news. Growth is being driven by cost savings and commercial benefits that result from green investments.

The report found that sustainable business spending is dominated by the retail, high tech and emissions intensive energy and heavy industrial sectors, which combined account for over three-quarters of the entire market.

The report also revealed considerable variations in the spending growth rate for different green technologies and services. For example, smart meters, electric cars, onsite renewable energy and product stewardship initiatives are all expected to enjoy compound annual growth rates of 22-23 per cent over the next four years, while social responsibility, employee engagement, and lobbying activity will see slower growth rates of around five per cent.

Government green policies are driving spending as well as the awareness in sectors such as retail that firms will face brand damage without a reputable sustainability strategy.

The report acknowledged that sustainable business spending would be in a healthier position, were it not for weaknesses in the wider economy.

© 2012, Richard Matthews. All rights reserved.

Related Post
UK Government Investments in Efficiency and Renewable Energy
British Government to Lead the Green Economy
WWF-UK’s Green Game-Changers Initiative
Green Guide for SMEs from the Carbon Trust
Deal Between Carbon Trust and Siemens Good for UK`s Green Economy
The Winners of the UK’s What Car?
CIWEM’S Water & Environment Conference
Businesses are Combating Climate Change and Turing a Profit
Green Drivers
Green Stimulus: Global Green New Deal

ShareTweetShare
Previous Post

Environmental Sustainability Goals for Business

Next Post

Webinar: Low Carbon Future

Related Posts

Unprecedented Wildfires in 2020 are Connected to Climate Change

by Richard Matthews
December 29, 2020
0

The intense wildfires that raged across the Western U.S., South America, and Australia in 2020 are being attributed to climate change. What makes these fires unprecedented is their size and...

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Boycott Culture and Brand Influence During Trump’s Presidency and Beyond

by Richard Matthews
December 8, 2020
0

Brands wield enormous influence over popular culture and whether they are pursuing core social values or trying to preempt boycotts, brands are finding it harder to ignore social, environmental and political...

Next Post

Webinar: Low Carbon Future

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Fossil Fuels

Banks are Backing Away from Fossil Fuels and Embracing Sustainability

by Richard Matthews
January 27, 2021
0

Major banks have been slow to act but it appears as thought they are moving away from dirty energy. Big...

Read more

Economics Fuel Renewable Energy Growth

January 25, 2021

Biden Gets to Work on Climate Action

January 21, 2021

Taking Stock of Trump’s Dismal Legacy

January 19, 2021

Corporate America’s Break Up with Trump & the GOP

January 15, 2021
  • Business
  • Economy
  • Energy
  • Environment
  • Investing
  • Politics
  • Technology
  • Social Change

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business
    • Corporate Culture
    • Leadership
    • Marketing
    • Supply Chains
  • Economy
    • GDP
    • Jobs
    • The Green Economy
  • Energy
    • Fossil Fuels
    • Renewables
    • Solar
    • Wind
  • Environment
    • Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Climate Change
    • Food
    • Transportation
    • Health
    • Renewables
  • Social Change
    • Education
    • Activism
    • Psychology
    • Marches

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In