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Developing a green business strategy involves reducing waste, changing working practices, and using alternative energy sources. Companies can participate in community green initiatives and implement energy-efficient practices to protect the environment.
Companies that develop a green business strategy usually do so because they want to be good stewards of the environment and implement business practices to protect the earth and its resources. There are many ways to develop a green business strategy, including reducing waste, changing working practices, and using alternative energy sources. Many companies with a green business strategy participate in green business ventures as part of community efforts.
Some companies are naturally oriented towards an ecological corporate strategy due to their particular industry or location. For example, companies run by small teams or individual owners can do business practically, which reduces the need for travel, an office and other energy-wasting business practices. A business can be located near public transportation or in a convenient location for employees who travel on foot or by bike. Working from a small home office or an office that is within walking distance, a business is using a green business strategy.
For all other organizations, developing a green business strategy first starts with reducing waste. Paper is one of the biggest culprits, as there are thousands of sheets of paper tossed around the average construction site daily. By providing recycling bins, this paper waste can be handled in a more environmentally friendly method and sent for recycling. Companies can also implement green business strategies that encourage employees to reduce energy waste, such as incentives to use public transport or car sharing to work.
Companies that want to make small but significant changes can implement a green business strategy by choosing alternative energy sources, such as solar energy. Many lamps can be replaced with ecological bulbs. Heating and air conditioning systems can be upgraded to more energy efficient models.
A company that is newly established or undergoing a transformation process can be involved in community green initiatives. Many communities have green initiatives such as street cleaning, land reclamation, and recycling projects that any organization can get involved in. Businesses can also begin to “green” their corporate headquarters with more energy-efficient practices, renovations with recycled or reclaimed building materials and furniture, and planting of outdoor shade trees. These measures can reduce waste and improve the environment.
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