When you’re a planet-warrior but also business-minded, you can help both the planet and your pocket by creating an eco-friendly business. Such businesses benefit the economy without affecting the environment. They also tend to make for a profitable investment, says Business Standard, seeing as they’re in keeping with the times and in-demand with consumers. 

In this mini-guide, Bliss Planet walks you through the ins and outs of creating an eco-friendly business if you’re a budding or existing entrepreneur: 

What does building a planet-friendly business involve? 

Eco-friendly businesses are, by nature, net neutral or positive for the environment. Their impact is measured in three ways with the help of eco-metrics: 

  • Social sustainability is the first impact being measured. It’s all about doing business with social responsibility, which is keeping human welfare front and center. 
  • Environmental sustainability is the second impact being measured. It’s doing business without hurting the environment. 
  • Economic sustainability is using resources non-wastefully and attempting to create a circular economy. 
  • The sustainability metrics you can use include greenhouse gas emissions, water pollution, energy use, water use, and waste generation. 

Create a sustainability plan of action

Making your business sustainable involves making individual work processes eco-friendly:

Practical business-related necessities 

Don’t forget you’re running a business. Here are some practical suggestions to adequately support your sustainability ambitions:  

  • The only way you’ll acquire customers willing to buy your eco-friendly product or service is if you market smart. Use this online banner maker to create a powerful, memorable sustainability banner to accompany your marketing initiatives. 
  • Not all sustainability endeavors are worth implementing. Figure out the ROI of every modified process before you implement it. 
  • There are sustainability laws that you need to comply with. Be sure to inform yourself of them.

Conclusion 

Keep in mind that your sustainability initiatives won’t be perfect the first time. Many companies run into problems – like confusing metrics, lack of knowledge, and inability to find customers. The key to success is being persistent. Design processes, measure the impact, and refine them until they become sustainable. 

 

 

 

 

Katie Conroy
Author: Katie Conroy

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