Valuing Green: Budgeting for Economic Sustainability

September 3, 2008

Even in a challenging economy, retailers are committed to their sustainability agendas, according to â��Getting From Green to Gold: Retail Success Factors and Outcomes,â�� an Aberdeen Group report authored by Jhana Senxian.

Email this story Print this post Add your comments

Even in a challenging economy, retailers are committed to their sustainability agendas, according to “Getting From Green to Gold: Retail Success Factors and Outcomes,” 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 “nice to have” to a “must have” in an economically and environmentally challenged, and challenging, global market.

Email this story Print this post Add your comments

Advertisers

Stay competitive through sustainability.

Find out how at the SAP Sustainability Resource Center. >>

Unclear about the EPA's new GHG Rule?

Learn how it could affect your business. >>

EPA mandatory emissions reporting starts Jan 1st

CSA Standards can help your organization get ready for compliance. Find out how. >>

Product Environmental Compliance Best Practices

How to achieve compliance at a significantly lower cost. Download the full report. >>

Join the Discussion

Reader Comments

This is good news, because to some extent it is hard to tell just how committed people and businesses are to sustainability initiatives. It is such the rage right now that everyone is doing it – but are they really committed for the long haul? Apparently based on this study.

Sustainability Advocate | September 4th, 2008

Recent Daily News [ see all ]

11/23/2009
11/20/2009
11/19/2009

Charts [ see all ]

European Paper Industry Cuts CO2 Emissions by 42% since 1990

S. America Takes Most Urgent View of Copenhagen Talks

Nike Tops Annual Climate Action Scores

Oceans May Trap more Carbon than Forests

Jobs

View All Jobs >> Post a Job >>

Comments and Discussions

Rod Johnson on Stimulus Package Delivers $2.4 Billion for Electric Vehicle Projects
"Will this stimulus be extended to other electric utility vehicles?"

Charli on Trade Group on EPA Chemical Regs: ‘If Everything is a Priority, Then Nothing is a Priority’
"Thanks Environmental Leader, for..."

James Beddingfield on Oceans May Trap more Carbon than Forests
"Another great thing about an ocean-based carbon sink is that it can’t..."

Custom Organic Shirts on Climate Scientists Alleged to Have Manipulated Data
"Wow, EL – should have seriously done even some background research..."

Phil on Climate Scientists Alleged to Have Manipulated Data
"Pete old boy, why don’t you just trot out the math that carries you from your..."

Roy Tindle on Climate Scientists Alleged to Have Manipulated Data
"It’s worth reading the report on RealClimate, a website by climatologists:..."

TreeBanker on SEC Charges Four in ‘Green’ Investment Ponzi Scheme
"This is a real shame because Matria and their subsidiaries have access..."

Environmental Leader