Sunday, August 5, 2007

Green business ethics

Corporate social responsibility is experiencing a renaissance. Much as in the scientific community, the debate on climate change among businesspeople has moved on from whether it is an issue to when it will be and how far it may affect them.

That often makes sense. Insurance companies need to adjust premia to reflect the uptick in the frequency of natural disasters. Other financial service providers, from HSBC to Goldman Sachs, see "carbon neutrality" as a fairly cheap way to lure potential employees and customers. For manufacturers, such as DuPont, efforts to cut back on emissions have proved surprisingly rewarding, even before the spike in energy prices. Meanwhile, General Electric hopes clean technologies will help underpin future growth.

Financial Times, Aug 07, 2006

1 comment:

angelinjones said...

The awareness of global warming and the damage that everyday activities businesses can have on the environment has spawned the birth of another type of ethical business; the green business. In the print industry and similar where the use of natural resources is an everyday necessity it is possible to achieve internationally recognised accreditation for environmental management programmes which is increasingly appealing to business and consumer customers alike.
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Angelinjones
Promoter