Sg2009wc:green
From She's Geeky Wiki
Issue / Topic: Green is the New Black
Session: 6-A Bay Area Jan 2009
Convener: Alison R.G. van Diggelen – Site www.freshdialogues.com
Notes-taker: Dee McCrorey - Blog www.TheCorporateEntrepreneur.com
Additional Resources
- Feb conference – CompostModern 09 (SFO – Herbst Theatre)
- Greenbiz.com
- Green Building Exchange (SFO)
- The 11th Hour (Film)
- SVTC (Silicon Valley Toxics Coalition)
- Moka5.com
- GreenStarSolution.com
Why Going Green is Good for your Business
- Your business can go green, save a buck and get good PR for it
- Going Green is BIG—Green is everywhere
- 850M entries in Google for the word “Green” compared to 22M entries for “Geek”
- San Francisco Mayor, Gavin Neussom, is looking to “Greenpreneurs” to jumpstart and turn around the local economy
- The Green Multiplier Effect – key differentiator
- Triple bottom line (contributor: Mary Vincent)
- People
- Impact
- Profit
Brief Timeline of “Green Triggers”
- 70’s oil crisis
- Launch of Green mainstream political parties
- NGO
- Brundtland Report
- Sustainability
Key Supporters
- Al Gore, Barack Obama, Tom Friedman
- John Doerr, Silicon Valley venture capitalist and strong supporter of Green start-ups
Going Green: Why?
- Product differentiator
- Customers demand Green
- Early studies indicate that customers will pay a premium for Green products / services (Palo Alto survey indicated ~15%)
- Team building – Attracts talent with same values
- Doing the right thing
- Strategy One Survey
- Government / business contracts now require Green credentials
Cost Savings
- Thermostat settings – reduce by 5-10 degrees = savings up to 20% on heating bill
- Green buildings use 30% less energy than conventional buildings
Public Relations
- Credibility, trust, and prestige with stakeholders
- Adobe was the first to receive the LEEDS Platinum certification for Green building standards)
- Mutual social responsibility branding
- Messaging
- Deliver to media
- Deliver to industry
- Green awards / recognition
- Greenwashing – deceitfully marketing as Green when not
- Opportunity for emerging business / start-ups that specialize in industry-specific audits or “Green Governance” (contributor: Dee McCrorey)
- LEEDS
- Sierra Club
Best Business Practices
- Reduce energy use
- Travel – leverage use of telecommuting, remote workforce
- Green multiplier effect – builds trust with employees, energy savings, walk-the talk)
- Use laptops instead of desktops (90% reduction in energy)
- Install software sensors for automated lighting
Case Study #1: Google
- “Don’t be evil” mantra
- Green is essential to their business
- Initiatives
- Energy
- Travel
- Google.org
- Building design
- PR
- Mission: power of information and helping people live better lives
Case Study #2: Adobe
- Aim was to save money
- First LEEDS Platinum certification recipient
Case Study #3: Rubicon Project
- Saved money as a start-up and has built a culture of Green with its workforce from the get-go
- Introduced Green Week Initiatives
- Mon – Light bulbs
- Tue – Paper products
- Wed – Recycling cans come to the workforce
- Thur – Transport
- Fri – Cleaning products
- Serial entrepreneur & CEO, Frank Addante’s FounderBlog
Case Study #4: Serious Materials
- Note: Kevin Surace (CEO) is hiring – use Alison’s name
- Eco-friendly dry wall
- Company has received a lot of great press coverage – leveraged awareness of climate
Case Study #5: London Hydrogen Partnership
- Hydrogen fuel cells
- Launched website for kids
Future – Is Green the New Black?
- Oil price fall
- 70’s déjà vu
- Economic crisis
- Metrics are still vague for measuring risks/benefits