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Green or Not Green?

 
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CraigL

posts: 9051

Sep 13, 2008 4:30 PM ET    Quote  Report Abuse
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DMI, you`re right. I`m just now reading a novel involving the law, and was reminded (since I tend to forget, periodically) that whether someone is innocent or not really has no bearing on a case. It`s whether the jury "believes" the defendant is guilty or innocent.

hmm.....okay, I`ll concede here, and if there`s an opportunity in the fad then it makes business sense to take advantage of it.:-) Excellent argument!
katt33

posts: 484

Sep 15, 2008 12:42 PM ET    Quote  Report Abuse
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People who want green and will buy green, or organic, or natural etc... Those who don`t and I know people who don`t just want a product they like at a decent price and for them as long as they can get it fast and inexpensively, as well as shopping conveniently who cares.  Nothing will convince them otherwise.  On my end, I am adding natural etc... to my mall once it is set up in the next three weeks, and who wants natural etc... great and who doesn`t they will still have a lot to choose from.
CPAandMBA

posts: 12

Sep 16, 2008 1:19 PM ET    Quote  Report Abuse
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The key to being green is authenticity, transparency and honesty.  All green claims should be specific and backed with credible research.  Most of the other developed countries have green marketing standards which can serve as a good guide to best practices.  I blogged about this here <a href="http://greencpa.blogspot.com/2008/07/blog-post.html#links"> The Green CPA: Greenwashing and environmental claims</a> and have links to Canada`s standards.
 
Being dishonest might get you a few bucks in the short run but will cost you in the long run and therefore isn`t a sustainable strategy.  Information flows to freely to think you`ll fool people with green claims for very long.  People are becoming more sophisticated by the day.

LED is a great technology and leads to significant reductions in electricity and heat as well.  Most products aren`t necessarily going to be better on all dimensions.  It is admirable that you are looking for a better alternative to plastic but don`t let that hold you back from promoting the energy efficiency.
 
One thing I might recommend is a life cycle analysis (LCA).  This would compare the true environmental cost of your product versus the standard over a significant time frame (say 50 years).  Does yours last longer?  Have a shorter supply chain? Use less energy? Recycle at all? Etc., etc.
 
Good luck and feel free to contact me if you want to talk further.
 
Brian C. Setzler, CPA
MBA in Sustainable Business
CPAandMBA9/16/2008 1:23 PM


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Check out my blog at www.GreenCPA.blogspot.com
Jan 21, 2009 1:16 AM ET    Quote  Report Abuse
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I know first hand of how business owners feel about "going green" in their "waste" department.  I started a curbside recycling business in 2008, knowing full well I`d have to work for free to obtain that "great reputation" I take pride in now.  They don`t mind having a company other than the "Garbage Company" picking up their Cardboard....until.....there is a fee involved.  I have been picking up cardboard for free for 6 months from large companies and saving some of them anywhere from $300.00 and up per month on their traditional tip fees with the waste company.  When the market crashed and I needed to implement a fee that would either match what they would pay to the garbage company or save them money and support a local ran business; they went through the roof!  They thought why should they pay me to pick up something I would then turn and sell.  Did they forget I have expenses also?  I`m not picking up their cardboard and selling it 30sec. later the same way I got it.  It goes through a process much more detailed than dumping it from a dumpster into a truck and then into the land.  Some of those companies have chosen to go back to their "trashy" method of putting all those recyclable items back into the land instead of saving money with a hard working and responsible local business. They are actually offended that I want them to pay me something.  They do not earn any "Green Star" from me, that`s for sure!  
Amber Emery
CEO
Carson Valley Recycling, LLC

ultraluster

posts: 60

Jan 21, 2009 8:25 AM ET    Quote  Report Abuse
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 Craig I believe there is a fine line between Green and Eco-Friendly. My waterless car wash is Eco-Friendly because it saves water and stops putting chemicals in the ground unlike traditional car washing. The bottle is also reusable. I would say that it is not  "green" because there are chemicals in it. I just don`t get how so many big companies are promoting their products as green yet they are so far from green, they are more like purple.
Just a thought.
johnhard

posts: 2

May 12, 2009 4:40 AM ET    Quote  Report Abuse
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cynchrys...your reply is really nice..and the poject  being worked is also very nice.
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john
Home Jobs

CraigL

posts: 9051

May 12, 2009 2:04 PM ET    Quote  Report Abuse
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From a conservative perspective, the difference between "green" and everything else is forced compliance. People have been conservation minded for centuries. "Eco-friendly" simply means conservation, but it sounds more modern.

The "green" movement is a precursor to forced compliance with whatever scientific or pseudo-scientific fad the money-hungry organizations want to come up with. "Green" is code for "you`d better do it or you`re going to destroy the planet."
brentfagg

posts: 1

May 26, 2009 1:56 PM ET    Quote  Report Abuse
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I interview a lot of companies about "Going Green". Since there is no universal explanation or rule book for how to go green they typically use leading comparable products as a benchmark. Usually they will say "Where can we make substantial improvements in the eco-friendliness of a product".

Common methods include:
-Recycled material
-Source of raw ingredients
-Resources required for manufacturing
-End of product life disposal or reuse

The most important part is that they will not typically select a method for going green based on public perception but rather select an approach that is less harmful to the environment. For example, rather than saying "We use recycled plastic therefore we are green", they will perform research that shows for a specific product and application that recycled plastic is better than new plastic.

bones46

posts: 11

Jun 15, 2010 6:02 PM ET    Quote  Report Abuse
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Regarding "going green" - there are as many different ways to go green as their are businesses in the world.  Green means different things to different people.  But, if you want to read some solid information about green resources for businsses - there is some very good information here - http://www.businessmoneytoday.com/Information/Green_Business.html

By saying your product is green and standing behind it - I think it will most diffently help in selling your product.

Good Luck!



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Start Up Business Loans
jacen

posts: 13

Jun 22, 2010 7:29 AM ET    Quote  Report Abuse
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There seems to be a considerable effort by some companies to be involved in environmental initiatives.

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