Are you interested in starting an eco-friendly or green energy conservation business but you lack ideas on the best business to start? Then below are the top 20 eco-friendly business ideas and opportunities you can start from home. The whole eco-friendly buzz was borne out of the need to protect our planet from pollution and global warming. While technological advancement has been good to us and made life easier, it also has its negative effects just like everything else in the world.
Contact Benefits of Becoming a Sustainable Business Although each company has their own reasons and motives for being more green and sustainable in business, here are a few of the primary benefits to becoming a more sustainable company.
Enhanced Brand and Increase Competitive Advantage The Natural Marketing Institute NMI has found in their consumer research that knowing a company is mindful of its impact on the environment and society makes consumers more likely to buy their products or services.
If consumers are aware that companies are mindful of their impact on society and the environment, it positively impacts their repeat purchasing behavior. Increase Productivity and Reduced Costs Through development of more sustainable business practices, efficiency in operations will increase.
With better use and conservation of resources, operations will be streamlined and costs will decrease. Improve Financial and Investment Opportunity Financial and investment analysts have recognized companies who have developed sustainability plans with regards to energy efficiency and reduction of environmental impact as an important evaluator criterion.
According to the report U. Sustainable, Responsible and Impact Investing Trendsthe market size of sustainable, responsible and impact investing in the U.
Minimize Carbon Risk and Improve Energy Efficiency In Allianz Risk Barometer report on 'The Top 10 Business Risks ' they highlight increase in natural catastrophes due to climate change which disrupt business as one of the top four business risks. A key benefit to becoming a green business is reducing a company's carbon output and improve energy efficiency.
Increase Employee Retention and Recruitment Employees want to work with companies who are 'doing the right thing' and being proactive with corporate environmental and social programs.
In the report Advancing Sustainability:Staying true to its eco-friendly stance, Nihi Sumba is committed to being a carbon-neutral resort and is one of the only hotels in the world powered by bio-fuel produced from . The eco-friendly program elements include decreasing energy and water usage, reducing waste, increasing recycling and composting, and purchasing local and .
If it is a sustainable luxury hotel the tariffs might be around Rs 15, per night, whereas an eco-budget one might cost up to Rs 3, per night,” says Anand of Cox & Kings.
While franchising might call to mind fast-food joints and hotel chains, there are many eco-friendly franchise businesses. Visit this green franchise directory for a list of opportunities. Each eco friendly hotel property uses biodegradable cleaning products, has created incentive plans for employee use of carpools and/or mass transit, and has installed energy-efficient lighting and occupancy sensors throughout the destination.
A hotel truly striving to minimise their impact will list several methods on their website: rainwater toilets, eco-friendly cleaning products, proper insulation, solar panels At the hotel, you should be able to see evidence of eco-friendliness across the board, like recycling bins in .