A study, “Green Perspective from Corporate America,” commissioned by Siemens Building Technologies and Siemens USA, finds that the majority of large U.S. corporations are embracing “Green” practices as part of the foundation of their core business practices, and view it as an important component of profitable future growth.
The study indicates a “Green tipping point” in corporate America will be reached in early 2009, but could occur as soon as 2007.
The majority of respondents said their companies will be aligned with “Green” industry practices within the next 3 years. 30% believe their company will emerge green market leader.
Almost 60% agreed that Green operating and building practices lower costs. 40% consider green operating and building practices are of high importance to their organization.
Participants were asked to rate their organization in five stages of Green development, Stage 5 being “The company approaches business as a holistic, restorative way” decreasing to Stage 1 representing “Green is not part of the company mission.”