Small businesses focus on going green

Small-business owners thinking about a solar energy installation may be in increasing numbers as companies are finding out more of the benefits of going green. While corporate responsibility can help lower utility bills, firm owners are changing their entire business models, thanks to the advantages of using green energy resources.

"Cost savings are evolving into revenue generation," Lauren Kelley Koopman, a director for PricewaterhouseCooper's Sustainable Business Solutions practice, told Business on Main. "Sustainability is next-generation business thinking because it creates value, attracts customers, retains employees and improves capital and funding."

Look beyond utility costs
Small-business owners know they can save money when using green energy, but others aren't aware of different ways firms can take advantage of the ability to go green. According to a recent survey from Office Depot, 76 percent of companies are looking into going green because of their concern for the environment and 20 percent are receiving encouragement from their staff members to invest in green initiatives. By understanding some other reasons to go green, small-business owners and their employees may be more interested in making such efforts.

"As we celebrate Earth Day, many organizations believe that going green is cost prohibitive when, in fact, the opposite is often true," said Yalmaz Siddiqui, senior director of environmental strategy at Office Depot.

Some small-business owners may think the only way to embrace sustainability is to invest in solar or wind energy installations, however, firms are doing many other things to lessen their carbon footprint. For example, the Office Depot survey showed 58 percent are buying energy efficient products, while 57 percent are making investments in recycled items.

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Featured Insights

Boudin Bakery is one of the oldest businesses in San Francisco, having started in 1849 as the originator of San...

Early indicators show entrepreneurship is growing in the U.S., according to USA Today. Banks are easing credit...

Employment - Men still lag behind women. Overall, men have 699,000 fewer jobs now than they did in December 2007,...

Companies that only do three or four international sales a month are often not aware of the various payment...

In the Thumbtack.com Small Business Friendliness Survey, conducted with the Kauffman Foundation,...

The barriers to global expansion many small and growing businesses encountered in the past have decreased...

Beginning to do business abroad brings with it a host of important considerations for founders and company ...

Many startup founders stay with their business for as long as possible - but plenty of others choose to do otherwise...

Companies are worth whatever buyers are...

Highest prices since recession began.  Fraud continues to prosper. ARM’s accounted for 47% of Bay Area...

Recent News

BusinessWire
07/28/14
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (“KBRA”) has assigned senior...
07/24/14
San Jose, CA – July 24, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
07/22/14
Conference Call and Webcast Scheduled for Tuesday, July 22, 2014 at 5:00 p.m....
San Jose Mercury News
06/26/14
The award is a donation from Bridge Bank and Heritage Bank. Mr. Science makes a...
06/09/14
San Jose, CA – June 9, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
06/05/14
San Jose, CA – June 5, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
06/03/14
San Jose, CA – June 3, 2014 – Bridge Capital Holdings (NASDAQ:BBNK), whose...
Orange County Business Journal, Jane Yu
05/28/14
San Jose-based Bridge Capital Holdings has pegged Costa Mesa as a key location for...
05/28/14
San Jose, CA – May 28, 2014– Bridge Capital Holdings (NASDAQ:BBNK), whose subsidiary...

Twitter

Featured Insights

Featured Insight

Boudin Bakery is one of the oldest businesses in San Francisco, having started in 1849 as the originator of San...

Featured Insight

Employment - Men still lag behind women. Overall, men have 699,000 fewer jobs now than they did in December 2007,...

Featured Insight

Companies that only do three or four international sales a month are often not aware of the various payment...

Recent News

Early indicators show entrepreneurship is growing in the U.S., according to USA Today. Banks are easing credit...

In the Thumbtack.com Small Business Friendliness Survey, conducted with the Kauffman Foundation,...

The barriers to global expansion many small and growing businesses encountered in the past have decreased...

Twitter