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Going Green Pros And Cons

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Corporations are contributing to the “going green” epidemic. Going green means to pursue knowledge and practices that lead to more environmentally friendly and ecologically responsible decisions and lifestyles (Middletown Thrall Library, 2008). There are several pros and cons that organizations experience when deciding to develop “green” strategies, therefore the choice must be made carefully to decide whether or not it would be advantageous to their basis. One of the most obvious of reasons to become a “green” company is the cost benefit. The operating and material costs that are required for businesses are constantly increasing, therefore in order to become more cost efficient, and businesses are recycling more thus reducing productivity costs. With business being able to reduce waste and recycle more of their used goods, they can eliminate the costs it takes to eliminate those resources or to even store them. Eco-friendly policies also help to attract new talent. According to Lindsey Pollak, author of "Getting From College to Career, "students are looking to work for companies that care about the environment (Roff, 2007). Organizations can benefit from going green by reducing their energy bills as well. Energy bill reduction can come from utilizing high-efficiency bulbs in lighting. By installing lighting sensors, dimmers and a reflective roof, semiconductor maker Texas Instruments Inc. cut lighting energy at its office building in Richardson, Texas, by 80% (Roff, 2007). On the other hand, there are other disadvantages related to costs when a business decides to go green. For example, sometimes the costs to install and maintain “green” materials may not offset the savings in the long or short run. In the event that th... ... middle of paper ... ...same point: when environmentally friendly practices complement the goal of achieving fiscal soundness and greater profits, companies are more than willing to go green (Gorbett, Salvaterra & Skiba, p.2 2005).” In my opinion, the factor that would have the greatest bearing on the company’s decision to go green is the cost savings because all other rationales would follow based on if the company felt that the savings would be costs effective in the long run. The organization would not attract any investors or many investors if they feel as thought their investments would be wasted on trying to incorporate a “green” working environment, then the company would experience a low consumer market as a result. They would be spending more of the investors money on trying to remain “green” and losing out on the innovative ideas that competitors would have the advantage over.
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