2017-03-29 00:00:00 Running a Business English Incorporate socially responsible, sustainable practices to run a green business that benefits your employees, the environment, and the... https://quickbooks.intuit.com/ca/resources/ca_qrc/uploads/2017/06/Builders-evaluating-cabinets-at-green-business-construction-site.jpg https://quickbooks.intuit.com/ca/resources/business/going-green/what-is-green-business/ What Is Green Business?

What Is Green Business?

1 min read

Green business embraces sustainable operating procedures, product and material sourcing, labour practices, and shipping methods. The goal of green business is to eliminate any negative impact on the environment, on both a local and global scale. A green company takes a proactive approach to minimizing waste, reducing its carbon footprint, and avoiding any harmful practices. The environment is a heavy focus of green businesses. These companies understand that every decision they make can potentially help or hurt the environment. Eco-friendly buildings and processes create the foundation of a green business. Green businesses also focus heavily on the people their companies affect. This includes not only their employees but also their customers and the community as a whole. Socially responsible business decisions are the cornerstone of green businesses. They aim to support the health, development, and well-being of people. Supply and product sourcing is a crucial component of green business. Ingredients used in products produced by these companies are safe, nontoxic, and beneficial for people and the environment. For instance, they may choose fair trade products and products that aren’t produced using child labour. When choosing suppliers for materials, they look for other green companies to create an eco-friendly supply chain from start to finish. Green businesses usually offer goods and services that make it easier for their customers to live an eco-friendly life. Green education, eco-friendly cleaning products, sustainable housing, and recycled products are examples, but green businesses span almost every industry. Running a green business comes down to caring about your impact on the environment, the community, and people. Not only does a green business make the world a better place, but you target a large audience dedicated to ethical consumerism, which helps your business thrive.

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Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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