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Published on January 23rd, 2008

So You Are Not a Fortune 500 Company: How Green Must You Be?

Everyone realizes that large corporations are racing headlong toward sustainability. It has been demanded of them, not only by regulators, but by institutional investors, who examine sustainability as an investment criterion.

At the World Economic Forum at Davos this year, Corporate Knights Magazine and Innovest Strategic Investment Advisers presented a list of the Global 100 Sustainable Companies. In the enterprise, it’s a strategic advantage rather than just a necessity to be sustainable.

Twenty-four of these companies are from the UK, 16 from the U.S., 13 from Japan, and six from Australia. Five utility companies made the list, as did six energy companies, and 19 manufacturing companies. Every industry sector participates.

What does this mean to the 95 percent of businesses that are not in the Fortune 500 and not on the Global 100 Sustainable Corporations list?

It means that the enterprise has already been nudged to take steps toward sustainability by its investors, employees, and customers and this will trickle down to you. New titles have emerged with accountability for this area: Chief Risk Officer, Sustainability Officer, Compliance Officer, Environmental Officer.

But you don’t have the money or the time to research how to become more sustainable, although it is now a competitive advantage, soon an absolute necessity, for you to become so if you are going to be a vendor or a supplier to the Fortune 500 and its cohort.

That’s why we are re-launching Business.Earth911.com, your site for tips on becoming green so you can be part of the “green supply chain” of a Motorola or a WalMart—leaders in promoting the movement to product stewardship from the supply chain to the retailer to the recycler.

Share your best practices with us, and let us share ours with you. Where to begin? Replace those incandescent bulbs, as you probably already have at home. Separate your trash. And rely on us for the business recycling center nearest your business.

Comments

  1. shipwire

    posted on January 29th, 2008 at 5:02 pm

    With many businesses looking for green best business practices, Shipwire decided to evaluate how our services help e-tailers reduce their carbon footprint. We have written a blog about green shipping & storage solutions with 5 suggested action items.

    Here’s an excerpt from our blog:
    “When it comes to the delivery of merchandise, the total carbon footprint is roughly equivalent to how much fuel it takes to get your products where they need to be. The more efficient the shipping is, the smaller the footprint, and the cheaper the shipping cost.”

    “Just as Fortune 500 companies no longer fulfill all their orders from one central warehouse, now small merchandisers can plug into national warehouse networks—cutting their costs and carbon footprint by increasing efficiency and bringing inventory closer to customers.”

    To read the whole article, please visit: http://forums.shipwire.com/viewtopic.php?f=15&t=25

    Shipwire works with growing Web merchants and helps them optimize their supply chain by plugging their Web store into our Growing Warehouse Network. We offer a storage and shipping solution that can be added to most any web store to allow a merchant to outsource their order fulfillment.
    http://www.shipwire.com

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