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By relocation all the most devastating envirnmental impacts of their unsustainable consumption feeding industry to poorer countries?

DoreenMichele 7y ago
I haven't read the book, but on a more microeconomic scale, businesses that produce more trash have lower profit margins. This is a very well known phenomenon and gets used to make a business case for doing the right thing out of enlightened self interest: Don't do it for some nebulous sense of virtue. Do it to fatten your bottom line. In restaurants and catering businesses, profit margins are so slim that upgrading to lightbulbs and appliances that use less energy can put a business in the black that has been struggling.
- PeterStuer 7y ago
  Reference needed. This is 100% contrary to my experiences in contacts with businesses, as most (not all, typical exceptions are those that either are semi-charities or some that have made ecology the focus of their brand identity, although the latter contain a group that strongly depends on greenwashing vs actual environmental action) will cut every corner on regulation that tries to price in some of the negative externalities and then some.
  - DoreenMichele 7y ago
    How Your Business Can Cut Costs by Reducing Waste https://content.ces.ncsu.edu/how-your-business-can-cut-costs-by-reducing-wastes https://content.ces.ncsu.edu/how-your-business-can-cut-costs... Does Corporate Social Responsibility Increase Profits? https://business-ethics.com/2015/05/05/does-corporate-social-responsibility-increase-profits/ https://business-ethics.com/2015/05/05/does-corporate-social... Good business: Why placing ethics over profits pays off https://www.philips.com/a-w/about/news/archive/blogs/innovation-matters/good-business-why-placing-ethics-over-profits-pays-off.html https://www.philips.com/a-w/about/news/archive/blogs/innovat... 5 Simple Ways to Improve Your Profit Margins https://www.inc.com/david-finkel/5-simple-ways-to-improve-your-profit-margins.html https://www.inc.com/david-finkel/5-simple-ways-to-improve-yo... Top 10 Energy Conservation Tips for Restaurants https://www.webstaurantstore.com/article/141/energy-conservation-tips-for-restaurants.html https://www.webstaurantstore.com/article/141/energy-conserva... Of all commercial buildings, restaurants use the highest amount of energy per square metre. In fact, UK Power and the Family Hospitality Group estimate that anywhere between 5 to 15% of a restaurant’s total expenditure can be taken up by energy alone! Considering that the average profit margin of a full-service restaurant is usually less than 10% of gross revenue – energy consumption suddenly becomes a BIG financial concern. https://www.dexma.com/energy-efficiency-in-restaurants-pubs/ https://www.dexma.com/energy-efficiency-in-restaurants-pubs/

DoreenMichele 7y ago

I haven't read the book, but on a more microeconomic scale, businesses that produce more trash have lower profit margins. This is a very well known phenomenon and gets used to make a business case for doing the right thing out of enlightened self interest: Don't do it for some nebulous sense of virtue. Do it to fatten your bottom line. In restaurants and catering businesses, profit margins are so slim that upgrading to lightbulbs and appliances that use less energy can put a business in the black that has been struggling.

PeterStuer 7y ago
Reference needed. This is 100% contrary to my experiences in contacts with businesses, as most (not all, typical exceptions are those that either are semi-charities or some that have made ecology the focus of their brand identity, although the latter contain a group that strongly depends on greenwashing vs actual environmental action) will cut every corner on regulation that tries to price in some of the negative externalities and then some.
- DoreenMichele 7y ago
  How Your Business Can Cut Costs by Reducing Waste https://content.ces.ncsu.edu/how-your-business-can-cut-costs-by-reducing-wastes https://content.ces.ncsu.edu/how-your-business-can-cut-costs... Does Corporate Social Responsibility Increase Profits? https://business-ethics.com/2015/05/05/does-corporate-social-responsibility-increase-profits/ https://business-ethics.com/2015/05/05/does-corporate-social... Good business: Why placing ethics over profits pays off https://www.philips.com/a-w/about/news/archive/blogs/innovation-matters/good-business-why-placing-ethics-over-profits-pays-off.html https://www.philips.com/a-w/about/news/archive/blogs/innovat... 5 Simple Ways to Improve Your Profit Margins https://www.inc.com/david-finkel/5-simple-ways-to-improve-your-profit-margins.html https://www.inc.com/david-finkel/5-simple-ways-to-improve-yo... Top 10 Energy Conservation Tips for Restaurants https://www.webstaurantstore.com/article/141/energy-conservation-tips-for-restaurants.html https://www.webstaurantstore.com/article/141/energy-conserva... Of all commercial buildings, restaurants use the highest amount of energy per square metre. In fact, UK Power and the Family Hospitality Group estimate that anywhere between 5 to 15% of a restaurant’s total expenditure can be taken up by energy alone! Considering that the average profit margin of a full-service restaurant is usually less than 10% of gross revenue – energy consumption suddenly becomes a BIG financial concern. https://www.dexma.com/energy-efficiency-in-restaurants-pubs/ https://www.dexma.com/energy-efficiency-in-restaurants-pubs/