1. That is, they come to believe that reducing energy usage, minimizing packaging and waste, and so on, will be good for the bottom line. Switching to greener alternatives can also save money because using fewer resources reduces utility costs. Technology and social media have enabled buyers to easily (and publicly) promote or criticize companies for their green practices, or lack thereof. On a business level, going green can help improve an organization's reputation. Going green can have economic benefits for communities, businesses and households. So ultimately, going green needs the careful balancing of three factors: profit, planet, and people. Eco-friendly practices used by canny business owners are not only showing strong results on bottom lines; the positive effects of going green also manifest themselves in employee productivity and morale, as well as your brand’s image and reputation.Read on to learn about six key benefits of going green as a business owner. Why going green gives your business a competitive advantage. The benefits of going green as a business right now are manifold. it will also make them feel like they are part of a community that cares which will boost your employees’ loyalty towards your business. Twenty years ago, much of the corporate talk about "going green… Aug 23, 2017. 3. Going green is an opportunity to promote the success of your business. And then you need to make the necessary payments. If you have not been observing green practices, it is time to start doing so now. In order to start a new business somewhere, you need to get the local population to trust you. Tax Incentives Here are some of the reasons why you should start going green and why it is important to your business. Moreover, going green will not only positively impact your customers but also your employees. By Content provided by Marylhurst University . As with anything in life, choosing to go green has numerous pros and cons. Competitive Advantage. Your employees will feel safer working for green businesses as there will be a healthier work environment. The Pollyanna view that going green is a win-win for all corporations at all times deserves to be refuted. Purchasing local foods and products helps contribute to the local economy. This is important to manufacturers seeking government contracts where green manufacturing standards are often a factor. Going green in business is good for producing cost and time efficiencies in logistics, production, employee head count, and more. With climate change gaining more and more attention, governments too have taken action in order to persuade businesses to go green. Going green takes effort and dedication. The main competing theory of why companies go green is the theory that it all has to do with profitability. Why Businesses Should Go Green. Get Government Awards for Going Green. 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