Archive for the ‘News’ Category

Calling All Eco Business Students – T-Bird Wants You!

I can’t resist a plug for my alma mater, The Thunderbird School of Global Management. (Those of you who keep an eye on who went where to school where, should note that Josh Dorfman, The Lazy Environmentalist is a graduate too!)

For the second year, Thunderbird will be hosting the Annual Sustainable Innovation Summit, a global competition for business school students. Last year, the challenge attracted 118 teams from 59 universities and 15 countries.

Student teams are challenged with developing sustainable innovative business solutions for real-world companies and compete for a $20,000 prize and the title: Global Champions of Sustainable Innovation.

Reflective of the changing manner of education and working groups in the 21st century teams can be made of students within a single school, within a single major or cross functional teams at different universities. As long as at least one member of the team is currently enrolled in an MBA program or has earned a graduate degree in business; you’re good to go. Read the rest of this entry »

Financial Crisis: What Will The Collapse of Investment Banking Mean For CSR?

Wall Street Crisis From Green Options’ The Inspired Economist

In view of the current financial crisis, it is hard to grasp the fact that overnight investment banks once regarded the kings of Wall Street, are teetering on the edge of stability. The bankruptcy of Lehman Brothers has threatened the survival of Morgan Stanley in spite of the fact that it has just declared great earnings. All eyes are on Morgan and Goldman Sachs, the two big I-banks left standing. Will they go next? What will this mean for corporate social responsibility in the investment banking sector?

Investment Banks have long been the entrepreneurs of Wall Street. Sure they take risk but then look at the return that they bring. In a capitalistic society, who doesn’t respect the work of an entrepreneur? Time and again they have been instrumental for fueling the economy. A high return on investment has enabled many of the investment banks to show a solid to commitment to corporate social responsibility in the last few years.

>>Read the rest of this post at The Inspired Economist

Automate It! How Successful Companies use Software to ‘Green’ Industry

It’s no secret: businesses who build durable internal systems breed long term and sustainable profits.

In fact, the rule on the street, and this applies to enterprising green businesses who are past their mainstream ‘breaking point’ and are now swimming with the rest of the so-called ’sharks’, is often ‘automate or perish’.

But automation (business speak for “doing it better and faster”) is hardly a Darwinian one-way street – eco-minded companies are benefiting more than just their own bottom line by developing or partnering to develop software that automates green decision making: they are greening entire industries.

And, the three who are doing it – Green Printer, Workforce Software and Sustainable Minds – have a lot to share on what it takes to get there. Read the rest of this entry »

How To Avoid Eco Fatigue – What Ecopreneurs Need To Know

It’s important for growing companies to keep an eye on the overall market. While much of what makes entrepreneurs great is their ability to think out of the box, it’s what’s happening overall and how they fit into the general scheme of things that determines whether they succeed or fail.

So, I like to highlight some of the greater market trends in this blog. One of those of particular interest, one might say overwhelming interest, to green entrepreneurs is the looming scare of “eco fatigue”.

Is it real?

Will it impact green businesses?

Are you seeing it impact your business?

Here’s some tips from AdAge designed for large established companies but equally relevant for ecopreneurs. What do you think? Read the rest of this entry »

Jetline Enters the Nonwoven bag market

This is a guest post by John Simonetta owner of ProformaGreen an eco-friendly promotional items consultancy. John’s blogs are designed to keep us up to date on the “greening” of his industry.

Jetline has entered the Nonwoven bag market with a 100% recylable 80 GSM Nonwoven Polypropylene tote. Their large tote runs $1.49 at EQP with one color imprint with their standard tote running at $1.28.

Jetline has been a good producer in the past so I am curious to see how these bags work out for them.

A reminder, nonwoven bags are made from structures bonded together by entangling fiber mechanically. They are flat and porous sheets that are made directly from separate (often recycled) fibers. They are not made by weaving or knitting and do not require converting the fibers to yarn. Nonwoven products are often made from recycled material AND are often biodegradable. Read the rest of this entry »

Green your next seminar and skip the “Nice. Plastic forks”.

Kudos to my colleagues who go the extra mile to design seminars I’d wake up at the ungodly hour of 5:37 AM to sit and listen to in half-wake awe, Americano in hand.

Seminars that go by blockbuster titles - as least for green entrepreneurs - such as “How to manage carbon risk” have authentic learning value.

In our over-wired world, live events are a luxury, an hour or three to feel how much we really love context and contact, not just stoic information glaring out at us from a screen when we’re learning complex stuff - like international carbon trading markets.

More to the point, events are becoming an even more attractive “pull” medium than ever. And, the savvy, green entrepreneur should know how to harness the reputation and client lead potentials of a well-orchestrated event - an eco-friendly supplied event, that is. Read the rest of this entry »

Five Green Things About the Green Festival

navy pierAs I strolled through the Great Hall at Navy Pier a few weeks ago, trying out samples of raw carob cookies from Karyn’s, a raw/vegan restaurant here in Chicago, I thought that I had died and gone to green heaven.

Crowds of people were walking and riding their bikes to the biggest green celebration to hit my city every year, and I just could not get enough of the samples of vegan food, the representatives from green non-profits explaining what they do, and the friendly green business owners promoting their products.

Yet the Green Festival has its detractors. Some people say it is not green enough, others say that just the idea of a green trade show is hypocritical. After all, how can an event that burns fuel to promote the environment really be good for the Earth? Here are the five things about the Green Festival that I think are truly, remarkably green (and one issue that still needs a lot of work).

Read the rest of this entry »

Environmental Defense Fund’s Innovation Review: Big Eco Ideas From Big Business

schwarzenegger_yarnold_248x248.jpgEcoprenuerist exist in small companies and large as they spearhead efforts to make the world a greener place. The Environmental Defense Fund in their first Innovations Review, subtitled, “Making green the new business as usual” makes just that point.

Environmental sustainability is no longer the purview of boutique eco-brands. And it is no longer just about compliance with regulations or securing positive press coverage. It’s about driving cost savings through efficiencies, creating new markets and securing competitive advantage. Smart companies realize that what is good for the environment is also good for business.

At the launch, attended by California governor, Arnold Schwarzenegger, the EDF called attention to the moves made by big companies toward saving the environment. Read the rest of this entry »