Valuing Green: Budgeting for Economic Sustainability
Even in a challenging economy, retailers are committed to their sustainability agendas, according to ‚ÄúGetting From Green to Gold: Retail Success Factors and Outcomes,‚ÄĚ an Aberdeen Group report authored by Jhana Senxian.
In fact, 75% of enterprises have green-dedicated budgets that will remain the same or increase in the 2008-2009 time period. It is significant that 57% will see their green-dedicated budgets increase while just 5% of respondents have either no budget allocated or have a budget that will decrease.
The dramatic results in key cost areas demonstrate that, especially in recessionary times, enterprises of all sizes are expanding their sustainability platforms as a result of cost savings and optimized performance. Green initiatives have moved from a ‚Äúnice to have‚ÄĚ to a ‚Äúmust have‚ÄĚ in an economically and environmentally challenged, and challenging, global market.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Greenskies Enlarges Wesleyan University‚Äôs Microgrid
- Pacific Power Names Three wattsmart Business Partners of the Year
- 2014 Better Than 2013 for Distributed Wind Turbines, But Far Below 2012
- Making Efficiency Attractive to Investors
- Hydrogen from Landfill Powers Forklifts at BMW Plant
- Big Energy Savings for Hoke, N.C., Schools
- Energy Savings Performance Contracts Unlock Deep Savings
- Technology Creates a Brighter Future for Small and Mid-Sized Commercial Solar Investments