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Transcript of [PPT]Green Business - UCSC Directory of individual web sitesrlipsch/migrated/EE80S/UCSC... · Web...
Green Business
UCSCNovember 30th 2007
What is “Green” Business?
• A business that minimizes the environmental impact of its activities?
• A business that offer environmentally friendly products/services?
• A business that supports “green” causes?
Reasons for going “Green”
• Government Regulations• Consumer preferences/pressure• Strategic advantage• Risk management• Ethical considerations
How do businesses go “green”
• Social and Environmental Auditing– Triple Bottom Line– Global Reporting Inititative (www.globalreporting.org)– ISO 14000– SA 8000 – CERES (www.ceres.org)
Today most major companies audit and report on at least parts of the E & S performance
Ranking “green” businesses
• Dow Jones Sustainability Index• FTSE4Good
Green business in practice
• Reducing environmental impact– Minimizing waste– Minimize resource input– Minimize use of hazardous materials
Green business in practice
• Adding value– Product differentiation– Improve the environment– Adding value to people– Adding value to society
Green business in practice
• Green as innovation– Innovation in process– Innovation in products/services– Innovation in value chain organization– Innovation in input materials– Innovation in recycling and reuse
Green business development
• Nakskov, Lolland, Denmark
Reinventing the economy
Recycling, heat, water treatment
Attracting Green Business
Attracting green business
Lolland CTF
Green Energy = Green Business
Green energy
Green energy
New businesses
• Green cement• Bio-ethanol • Bio-diesel• Zero-energy modular housing• Water treatment