Sourcing Electrons
January 9th, 2008 at 07:12am David Bush - Iasta
This article is a little old now, but the topic is not and is one of the hottest stories around. This short brief is about energy efficiency being good for the bottom line, as well as the environment.
The green movement is gaining momentum across broad sectors of U.S. companies – and it’s no coincidence that the interest is growing as the intersection of greenness and the bottom line becomes clear…
Until recently, cheap labor was the driving force in companies in the apparel and electronics industry moving production offshore. But increasingly, it may be a search for cheaper energy that causes another wave of manufacturers, in different industries, to adopt similar strategies…
Bunch also says U.S. manufacturers need to take action, because if they don’t, laws and regulations that are far worse for business may be put in place…
PPG has set targets for increasing energy efficiency by 5% per year, objectives Bunch says they have been exceeding. With the rising cost of natural gas and oil, those goals add as much to the bottom line as they do to the environment, providing a lasting incentive.
This is just another example of eco-friendly sourcing that has the dual effect for both the companies and rest of us. I think 2008 is going to be very big year for transformation to more green sourcing. The idea has been around and is certainly not a taboo topic, but I think things will really start heating up and be discussed (and implemented) even more than before.
Entry Filed under: General, Green Sourcing
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1 Comment Add your own
1. Anonymous | January 9th, 2008 at 10:04 am
Purchasing recently ran a good series of stories on buying green:
http://www.purchasing.com/article/CA6511684.html
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