Execs See Profits and Higher Quality Through Green Manufacturing

August 20, 2008 in business benefits, profits by nils | Add your comment

In a recent survey by Eye For Transport, supply chain executives across a range of industries agreed not only that "greening" the manufacturing process was becoming more and more cost effective, but that they expected increased profits and better quality as a result.

A whopping 95% of the 3,000 North American executives polled agree that green manufacturing will continue to expand, citing increased profits (66%) and improved efficiency and product quality (43%) as key drivers.

43% is not even a majority, but it's a sign the tide of perception is turning that going green is not a tax, but can result in both bottom line and top line benefits to companies.

Other interesting numbers from the survey:

77% of manufacturing executives believe energy prices will rise significantly next year, requiring them to improve energy efficiency
66% believe there are markets for more expensive and greener products in their industries

(Via Sustainable Life Media)