The
21st century has seen the worst environmental crisis in human
history. If we look at the earth in a sense that it's our home then its no
wonder that it seems like a paradigm of a home whose roots are being destroyed
by its inhabitants.
In
the mid-20th century, industries neglected environmental
problems especially from the 1950s to the 1980s. By the time firms realized how
much of the environment is being affected by the pollution, the
damage done by them was beyond repair. It was only in the 1980s the industry
started what we call today green revolution or environment-friendly
industrial-innovation. According to Porter and Van Der Linde (1995)
companies were considering environmental innovation as a response to ecological
challenges. This created a win-win situation for firms as they originated the
cost strategies that were both beneficial for producers and the end consumers.
This gave the scenario gave birth to green marketing which emerged in
the late 1980s.
According
to a study after the 1980s corporations or companies started to adopt or
acknowledge environmental aspects as competitive advantages by using terms like
corporate sustainability, green labeling, green innovation, and green
management.
Consequences
of anti-green production:
In
the past 50 years, mankind has consumed more resources than any previous
recorded history. Corporations neglected the ecological factors to an the extent which led to the extinction of many species by destroying the
atmosphere.
One
of the main reasons for the gradually occurring destruction of the atmosphere
in the human population. The more the population the more resource will be
consumed which eventually contributes to the pollution of air and many
elements of nature.
Here
are some examples.
· 9
out of 10 people across the world breaths toxic air.
· A
bag made-up of plastic takes a millennium to decompose
· 500
billion to 1 trillion plastic bags end up being used annually worldwide.
· Forests
around the world are being cut and processed for further usage.
· Oceans
are being polluted by the chemical emission of industries.
What
is meant by Green products?
A
sustainable product designed in such a way that it has minimum ecological
impacts during its life-cycle and after it’s of no use.
These
products are identified by their two basic characteristics:
· Reduced
waste and maximum resource output
· These
are manufactured under echo-friendly procedures and toxic-free ingredients
Advantages
of Green products
· There
are millions of green consumers in online markets around the world who pay more
to use more sustainable green products.
· People
nowadays prefer green products over the unhygienic ones so going green is a
competitive advantage.
· The
brands which use the green idea to develop their products ultimately shows a
positive image by showing an eco-friendly attitude.
Problems
with Green products
· Innovation
and a lot of investment are required to manufacture green products which makes
them a bit costly for the end consumer. This factor discourages the end
consumer from buying green products.
· Illiteracy
about the importance of going green is still a big problem both for the green
corporations and also for the environment. A bulge of the population is still
unknown to the advantages of going green.
· To
go green requires a lot of investment and funding for research and development,
this factor holds back many willing corporations from going green
Spread the word. Have a nice day.
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