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What is the Cost of Doing Business in Today’s World?

Is it time for a rethink? We salute environmental causes but we are just winning the skirmishes, not the war.

Can we do more?

Here are some ideas that if acted upon will help humanity reach our goal.

Collaborate with Different and Opposing Parties!

Some environmentalists see businesses in the private sector as villains but they couldPicture3 actually be a medium for a more widespread change. One example of this is just this year (2015), the Environmental Defence Fund (EDF) announced a collaboration with Campbell Soup Company and its subsidiary, Pepperidge Farm. They Incorporated to improve water quality and reduce greenhouse gas (GHG) emissions by optimizing fertiliser use and improving soil conservation in the company’s wheat sourcing areas.

To date, the initiative has helped reduce fertiliser loss by an average of 20% on 750,000 acres across the U.S., while maintaining and even increasing crop yields.

If we really want this to happen on a much wider scale we need to look at where our businesses can team up with other organisations, whether it is private, not for profit or Government, to improve existing processes and reduce costs to all stakeholders. businesses, environment and humanity.

Highlight What Humanity Stands to Gain From Conservation of the Planet

Picture4Everyday people and businesses just don’t think like environmentalists do, but we do need to try and understand how protecting the environment benefits all our daily lives. In 2010, Quito, Ecuador, environmental organisation Nature Conservancy showed businesses and people how much they could save in making investments that led to having cleaner water and promote wildlife habitat conservation. 

Green Investments—Victory to Both Man and Nature

Picture5Instead of preparing funds for the upcoming impacts of climate change we also need more investment in prevention and the promotion of green infrastructure. A good example of Green Investment is in 2010 in the Gulf of Mexico where Nature Conservancy instigated the creation of oyster reefs for the restoration of 1600 kms of seawall. At a cost of about $1.5 million per mile (or 1.6 kms) – comparable to the cost of manmade seawall. (are these figures correct?? what was the $ saving in regards to the alternatives)?   oyster reefs act as seawalls to protect the coastline from storms and sea level rise. As well as achieving this purpose the oyster reef also brings many more benefits such as reducing risk from natural hazards, improved water quality, supporting fisheries and providing a new wildlife habitat and promoting recreation and tourism. A “win, win” for man & nature!

Third World Countries are Leading the Way

When it comes to protecting our Planet!  maybe due to necessity and $ but also because they do not have to change the way business and everyday people think about the profits and luxuries they may have to give up. In western society we seem to have some funny negative sayings, such as ‘If it tastes good it must be bad for me’ (food & health), ‘Go for the burn’ (fitness), ‘What little I do, won’t make a difference’ (apathy).

Costs to Business

Waste removal, treatment and disposal has become a real cost to business. Reducing & recycling waste resources effectively & efficiently can save you money and add a minimum average profit of 10%.

Costs to the Environment

How long before we have used up irreplaceable resources such as minerals and metals Picture6that cannot be reproduced synthetically. Just think for a moment of all the components that make up all your electrical goods especially electronics most of these components are recyclable, reusable but not replaceable once thrown into general waste and therefore landfill.

Costs to Humanity

Priceless – The earth and mother nature only has so much in resources to give once we have depleted these, what will we do?

Please check the figures here Thanks

Yes, the figures are correct based on reference article. 🙂

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