what are the competitive advantages of being eco-friendly?
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Improves sustainability Reducing the environmental impact of your business will improve the sustainability of your business. If you are less dependent on natural resources than your competitors and have ways to deal with rising costs due to climate change, your business will have a greater chance of long-term success.
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['Energy efficient (reduced energy)', 'Renewable energy (e.g., solar)', 'Renewable resources (e.g., bamboo, recycled materials)', 'Low impact on the environment.', 'Low impact on health (e.g., low VOC paint)']
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['Biogas is Eco-Friendly. Biogas is a renewable, as well as a clean, source of energy. ... ', 'Biogas Generation Reduces Soil and Water Pollution. ... ', 'Biogas Generation Produces Organic Fertilizer. ... ', "It's A Simple and Low-Cost Technology That Encourages A Circular Economy. ... ", 'Healthy Cooking Alternative For Developing Areas.']
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['Recycling saves energy. ... ', 'Recycling reduces landfills. ... ', 'Recycling reduces the use of toxic chemicals. ... ', 'Recycling is good for the economy. ... ', 'Recycling helps our climate problems and Global Warming. ... ', 'Recycling creates jobs. ... ', 'Recycling reduces water pollution. ... ', 'Recycling saves you money.']
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Environmental and economic benefits of using renewable energy include: Generating energy that produces no greenhouse gas emissions from fossil fuels and reduces some types of air pollution. Diversifying energy supply and reducing dependence on imported fuels.
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Advantages of an environmental policy keeping employees informed about their environmental roles and responsibilities. improving cost control. ... improving your monitoring of environmental impacts. improving the efficiency of your processes.
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The competitive advantages of creating and sustaining an ethical organization are best listed in exhibit 1.3, they are:Attract and retain high-quality employees. Attract and retain high-quality customers. Attract and retain high-quality suppliers. Attract and retain high-quality investors.
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Sustainable design seeks to reduce negative impacts on the environment, and the health and comfort of building occupants, thereby improving building performance. The basic objectives of sustainability are to reduce consumption of non-renewable resources, minimize waste, and create healthy, productive environments.
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Walmart's supply chain management strategy has provided the company with several sustainable competitive advantages, including lower product costs, reduced inventory carrying costs, improved in-store variety and selection, and highly competitive pricing for the consumer.
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['Efficient use of energy, water and other resources.', 'Use of renewable energy, such as solar energy.', 'Pollution and waste reduction measures, and the enabling of re-use and recycling.', 'Good indoor environmental air quality.', 'Use of materials that are non-toxic, ethical and sustainable.']
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['Maximize recycling.', 'Minimize waste.', 'Reduce consumption.', 'Ensure products are made to be reused, repaired, or recycled.', 'Purchase sustainable products.']
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Your competitive advantage is not a list of your strengths. ... Your competitive advantage is what your organization does better than anyone else. The sustainable part refers to your ability to continue to do those things over a long period of time.
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Environmental benefits Bicycle riding uses minimal fossil fuels and is a pollution-free mode of transport. Bikes reduce the need to build, service and dispose of cars.
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['Recycle. Recycling is one the best things you can do to promote sustainability. ... ', 'Make informed choices. ... ', 'Grow your own garden. ... ', 'Minimize waste. ... ', 'Watch your utility bills. ... ', 'Purchase energy efficient appliances. ... ', 'Compost kitchen waste. ... ', 'Carpool or use public transportation more often.']
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['(1) Supply of Resources.', '(2) Sustains Life.', '(3) Assimilation of Waste.', '(4) Enhances Quality of Life.', '(1) Renewable Resources.', '(2) Non-renewable Resources.']
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['Provides access to a wide variety of markets.', 'Makes a significant contribution to the perceived customer benefits of the end product.', 'Makes competitive imitation difficult.']
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['Using clean, renewable, and readily available solar energy as fuel.', 'Preserving natural resources by not requiring the use of wood or other biomass fuels to cook.', 'Not producing dangerous emissions which pollute local environments and contribute to climate change.']