There’s an increasing need for corporate social responsibility in supporting eco-friendly business practices. A green business is one that participates in green activities, which ensure all processes and products produced have a minimal negative impact on the environment, community, and economy, all while maintaining a profit. Regardless of the size, there are several things businesses can do to address the current environmental concerns and meet their triple bottom line:
Reduce, Reuse, and Recycle
These 3 R’s of waste hierarchy (reduce, reuse, and recycle) is the order of actions that businesses should take to improve the overall waste management process.
- Reduce: Using products that minimize waste generation.
- Reuse: Using waste products such as containers and packaging products for other purposes whenever possible.
- Recycle: Transforming waste product into raw material, which can be shaped into a new product.
Business should strive to reduce the use of harmful chemicals and instead adopt green cleaning products. Hazardous chemicals such as paint, ammonia, oils, and other chemical solutions should be disposed of to toxic waste disposal sites to avoid air and water pollution.
Greening the Supply Chain
Maintaining a green supply chain is one of the most effective ways of embracing sustainable business practices. This involves negotiating contracts with sustainable friendly vendors. Businesses owners should review their procurement policies to ensure purchased products meet certain requirements such as:
- Manufactured in a sustainable fashion
- Do not contain ozone-depleting substances
- Are recyclable or are made from recycled material, etc.
Switch to Digital
Businesses should consider switching to E-commerce after all most people are now conducting commercial transactions electronically online. For instance, online casinos seem to be overtaking their land-based counterparts as they are safe, secure, and convenient. E-commerce is also good for the environment in many ways:
- It reduces fuel consumption, plus no need to burn those precious fossil fuels that produce climate change-inducing greenhouse gases, which are environmental hazards.
- It uses paperless bailing, which saves the trees.
- It’s all about recycling
- It minimises infrastructure, which means a significant reduction in resource consumption, which translates to less waste.