Green Business UCSC November 30 th 2007. What is “Green” Business? A business that minimizes the environmental impact of its activities? A business that.

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Presentation transcript:

Green Business UCSC November 30 th 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 ( –ISO –SA 8000 –CERES ( 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

New businesses Green cement Bio-ethanol Bio-diesel Zero-energy modular housing Water treatment

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