Consumers Say Green Products Don’t Define a Firm’s Sustainability
A slight majority of consumers think a company can be environmentally responsible without making green products, according to research from the Natural Marketing Institute.
Companies have two broad approaches to the sustainability marketplace: creating an environmentally-friendly or socially-responsible product, or taking some other sort of corporate action. Such corporate actions can include building a green office/facility, using renewable power or donating time or money to causes.
Not surprisingly, LOHAS consumers, the opinion leaders in the sustainability space, set the bar much higher, with half believing a company that does not produce some variation of a green product cannot truly be considered environmentally-friendly. Since LOHAS consumers predict how mainstream consumer opinion will shift in the future, companies claiming to be environmentally-friendly must consider greening their product mix to avoid diminished consumer trust as the green market evolves, according to the 2008 LOHAS Consumer Trends Database.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- LAX Commissions New $438M Central Utilities Plant
- International Paper Receives Trucked Compressed Natural Gas
- Housing Authority Signs ESPC with Ameresco
- Solar Installed at USDA Buildings
- Eaton Supports 6.3 MW Hospital Solar Installation in New Jersey
- UK Grocery Store Chain Gives Refrigerators an Energy Savings Turbo Boost
- ATG Designs 120-watt LED Fixture for Gas Station Canopies
- Schneider Electric Launches PowerLogic PM8000 Line of Meters