Greening the Union: How CUs can Benefit from Sustainability
Sustainability, which was once dismissed as an idealistic fad, is now a trillion dollar industry with corporate giants such as Walmart, McDonald’s and Coca-Cola scrambling to go green.
Indeed, the annual global revenue for sustainable products is estimated to reach $10 trillion by 2017.
Adding Value for Employees.
A greener workplace has been shown to increase staff commitment, productivity and satisfaction. It could also help attract more Generation Y applicants. A 2010 study by Johnson Controls titled Generation Y and the Workplace found that 96% of 18- to 35-year-olds aspire to work in a greener office.
Don’t Get Solar (For Now)
While solar panels are sexy, they are not always a wise first step on the green path. Why? Because solar requires a large, upfront capital investment with a payback period of around 10 to 15 years. There are financing options that help avoid the upfront capital expense, but this will lock you into a 10- to 20-year contract.
Expect Good Things
Once you start to see that going green helps you save money, add value for members and employees, and reduces risk, you’ll realize that sustainability is not a passing trend, it’s the future of business.