SAN FRANCISCO — A growing number of small business owners are showing consumers they care about the environment by going green.

A recent Wells Fargo/Gallup Small Business Index reveals that two-thirds of small business owners surveyed say they would be willing to pay more for goods and services to run their business if they knew they were environmentally friendly.

While a large number of small business owners say they're willing to pay more for environmentally-friendly goods and services, the jury is out on whether their customers would be as agreeable in sharing the added costs. Some 43% of all small business owners surveyed believe their customers would be willing to pay more for environmentally-friendly goods and services, while 49% did not think their customers would be willing to pay more.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.