What’s The Deal Of Being Eco Friendly?

With the issues of global warming rises, the awareness of being Eco-Friendly doesn’t only hit people, profit maximizing companies are also taking its own individual steps to preserve the earth. Not only it is beneficial to the earth that we and these companies operate in, it also helps the companies in a lot of ways which provides another reason why some companies chose to be eco friendly.

One, is that the practice of reducing, reusing, and recycling proofs to be a way for companies to lower costs, which is the first key to maximize profits. Promoting an environmentally friendly business or methods can also set a unique value proposition, setting the business apart from other competitors and attract new customers, those who especially are nature conscious. Based on Keenan Manhas‘s blogpost, one company that takes this approach is IKEA Canada. The company has decided to purchase a 20 turbine wind farm site in Alberta, projected to be done in 2014 and costing $90million. I personally agree to Keenan’s comment that it is a fantastic idea, not only it allows IKEA to be self energy sufficient, it also creates the image of a environmentally responsible company.

Embedded Blog: https://blogs.ubc.ca/keenanmanhas/2013/11/15/ikea-canada-buys-wind-turbine-farm-in-alberta/

Source: http://www.business.qld.gov.au/business/running/environment/environment-your-business/benefits-environmentally-friendly

 

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