What are the costs of “going green” and how will businesses remain viable?
The costs of going green, or implementing a corporate responsibility and sustainability (CR&S) program, will vary depending on your business and the nature and scope of CR&S programs you decide to implement. Further, the timeframe is sometimes a factor since there may be upfront costs that are offset by long-term efficiencies. We recommend that you conduct an assessment of your business and its operations to determine what types of CR&S programs may be applicable. Then you can rank those programs based on cost and return on investment, and set your priorities. A key consideration when identifying and selecting CR&S programs is to ensure that they align with your overall business strategy. If your CR&S programs are properly designed and align with your business strategy, they should add value to your organization. How could we (employees) push our company to have a better approach (or an approach) to environmental issues? Depending on the activities and protocols of your organization, y
