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INTRODUCTION According To The American Marketing Association
INTRODUCTION According To The American Marketing Association
The green co-efficient of this system is much better than the conventional syste
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HCL s ENVIRONMENT MANAGEMENT AND ECOSAFE POLICY
In building a system to identify, develop and sustain the maintenance of an envi
ronment management system at corporate level we have formulated a program that w
e proudly refer as HCL s ecosafe. The aim is to encapsulate knowledge, awareness
, and key developments on all environmental issues faced by today s world and to
incorporate these in HCL s operations assuring our commitment in delivering qua
lity products, solutions and services
The key objective under HCL ecoSafe is targeted at integrating environmental man
agement procedures into its business processes thereby protecting the environmen
t, health, and safety of all its stakeholders. HCL commits to manufacture produc
ts that are environment friendly in all respects and are free from hazardous che
micals.
HCL ecoSafe focuses on product lifecycle management to ensure that our products
right from when they are manufactured, bought by customers, recovered at their e
nd-of-life and recycled after useful life is done in an environmentally responsi
ble manner.
MORE EXAMPLES
* McDonald s restaurant s napkins, bags are made of recycled paper.
* Coca-Cola pumped syrup directly from tank instead of plastic which saved 68 mi
llion pound/year.
* Badarpur Thermal Power station of NTPC in Delhi is devising ways to utilize co
al-ash that has been a major source of air and water pollution.
* Barauni refinery of IOC is taken steps for restricting air and water pollutant
s.
THE NEW TRENDS REVEALED BY DELOITTE
Shoppers are thinking green, but not always buying that way, according to a new
study released by the Grocery Manufacturers Association (GMA) and Deloitte. The
study found that while 54 percent of shoppers indicate that environmental susta
inability in a factor in their purchasing decisions, they actually bought green
products on just 22 percent of their shopping trips. The survey is the basis of
the GMA-Deloitte report titled Finding the Green in Today s Shoppers: Sustainabi
lity Trends and New Shopper Insights and was based on interviews with over 6,400
shoppers.
Now eco packaging is poised to become the next low-hanging fruit of the clean te
ch world. Investors and entrepreneurs this week at Europe s most important annua
l clean tech conference reported unprecedented interest in reducing the use of r
aw materials while finding superior protection for food and other products.
Consumers are increasingly putting plastic shopping bags and non-green wrapping
items on their naughty list, according to Deloitte s 2008 Annual Holiday Survey.
Nearly half of the 13,000 consumers polled said they d be willing to pay more f
or green gifts. This was up from 17 percent last year.
Consumers perceive themselves as being environmentally responsible. Successful g
reen marketing requires matching a company s brand attributes with its customers
identity as "green." An article suggested examining green marketing from the p
erspective of the 4 P s of marketing -- product, price, placement and promotion
-- plus a 5th P, "prove it."
Americans are quick to identify polluting companies as "socially irresponsible"
and make their purchasing decisions accordingly, says a new survey. The poll al
so found that American consumers between the ages of 18-29 are more likely to sp
end more on organic, environmentally preferable or fair trade products than othe
r age groups.
The survey, by the research firm Global Market Insite, quizzed more than 15,000
online consumers in the U.S. and 16 other countries about their socially consci
ous business practices.
Americans placed the highest value on corporate community involvement; when aske
d what factor was the most important in determining if a business is socially re
sponsible, "contributing to the community" (e.g. sponsorship, grants, employee v
olunteer programs) came in highest with 47%. On the other hand, all of the other
countries surveyed (India, Canada, Australia, Germany, China, and Japan) select
ed environmentally preferable practices (recycling, using biodegradable products
) as the top factor.
"In the high-tech era where employees are expected to work 24/7, it s significa
nt that Americans rate giving back to the community as their top priority in rec
ognizing socially responsible companies," said Marjorie Thompson, co-author of B
rand Spirit: How Cause Related Marketing Builds Brands. "It shows that people wa
nt to feel connected to each other and that they are willing to reward businesse
s who tap into this sense of mutual support and belonging. Companies will need t
o start thinking of their community programs as core to their businesses and bra
nds, and central to how they market themselves."
Not surprising, the U.S., along with other countries such as India and China, wh
ich have experienced environmental disasters caused by corporations (e.g. Love C
anal, Bhobal, Exxon Valdez) or have had to deal with major polluting issues (e.g
. coal plants, manufacturing), believe that damaging the environment is associat
ed with acting socially irresponsible. Other countries, including France (60%),
Denmark (52%) and Italy (45%) selected the use of child labor as the main factor
in making them think a corporation is socially irresponsible.
Juxtaposing Americans negative opinions on damaging the environment, the GMIPo
ll found that only 42% of all Americans are willing to spend more for products b
randed as organic, environmentally friendly, or fair trade, except for the Y Gen
eration. While only 14% of 18-29 year olds label themselves as socially responsi
ble consumers, half of this age group (50%) responded that they will spend more
on these types of products (organic, environmentally friendly or fair trade) com
pared to their older and wealthier counterparts, with only 37% of 45-64 years ol
ds saying they would spend more on green products.
Thompson advertisements: "Based on the findings, Generation Y is obviously more
environmentally conscious and socially savvy, which is expected given that many
are aware of the issues surrounding globalization and trade and how this can ne
gatively affect the environment, labor pool and the local communities."
Surprisingly, a large majority of online consumers in the less developed countr
ies of China and India, 91% and 71% respectively, will pay more for socially res
ponsible products, while almost half (47%) of the U.K. respondents indicated the
y would spend more for these types of goods.
GREEN HOUSE AS REDUCTION MARKET
The emerging greenhouse gas reduction market can potentially catalyze projects w
ith important local environmental, economic, and quality-of-life benefits. The K
yoto Protocol’s Clean Development Mechanism (CDM), for example, enables trading
between industrial and developing nations, providing a framework that can result
in capital flows to environmentally beneficial development activities. Although
the United States is not participating in the Kyoto Protocol, several US progra
ms enable similar transactions on a voluntary and regulatory basis.
While international trade in greenhouse gas reductions holds substantial promise
as a source of new funding for sustainable development, this market can be larg
ely inaccessible to many smaller-scale projects, remote communities, and least d
eveloped localities. To facilitate participation and broaden the benefits, sever
al barriers must be overcome, including: a lack of market awareness among stakeh
olders and prospective participants; specialized, somewhat complicated participa
tion rules; and the need for simplified participation mechanisms for small proje
cts, without which transaction costs can overwhelm the financial benefits of par
ticipation. If the barriers are adequately addressed, greenhouse gas trading can
play an important role supporting activities that benefit people’s lives and th
e environment.
One of the most popular trend in the business is emission trade or Emissions tra
ding (or emission trading) which is an administrative approach used to control p
ollution by providing economic incentives for achieving reductions in the emissi
ons of pollutants. It is also called cap-and-trade .A central authority (usually
a governmental body) sets a limit or cap on the amount of a pollutant that can
be emitted. Companies or other groups are issued emission permits and are requir
ed to hold an equivalent number of allowances (or credits) which represent the r
ight to emit a specific amount. The total amount of allowances and credits canno
t exceed the cap, limiting total emissions to that level. Companies that need to
increase their emission allowance must buy credits from those who pollute less.
The transfer of allowances is referred to as a trade. In effect, the buyer is p
aying a charge for polluting, while the seller is being rewarded for having redu
ced emissions by more than was needed. Thus, in theory, those who can reduce emi
ssions most cheaply will do so, achieving the pollution reduction at the lowest
cost to society.
There are active trading programs in several air pollutants. For greenhouse gase
s the largest is the European Union Emission Trading Scheme. In the United State
s there is a national market to reduce acid rain and several regional markets in
nitrogen oxides. Markets for other pollutants tend to be smaller and more local
ized.
GREEN MARKETING CASES
Philips Light s CFL
Philips Lighting s first shot at marketing a standalone compact fluorescent ligh
t (CFL) bulb was Earth Light, at $15 each versus 75 cents for incandescent bulbs
.The product had difficulty climbing out of its deep green niche.The company re-
launched the product as "Marathon," underscoring its new "super long life" posit
ioning and promise of saving $26 in energy costs over its five-year lifetime Fin
ally, with the U.S. EPA s Energy Star label to add credibility as well as new se
nsitivity to rising utility costs and electricity shortages, sales climbed 12 pe
rcent in an otherwise flat market.
Car sharing services
Car-sharing services address the longer-term solutions to consumer needs for bet
ter fuel savings and fewer traffic tie-ups and parking nightmares, to complement
the environmental benefit of more open space and reduction of greenhouse gases.
They may be thought of as a "time-sharing" system for cars. Consumers who drive
less than 7,500 miles a year and do not need a car for work can save thousands
of dollars annually by joining one of the many services springing up, including
ZipCar (East Coast), Flex Car (Washington State), and Hour Car (Twin Cities).
Electronics sector
The consumer electronics sector provides room for using green marketing to attra
ct new customers. One example of this is HP s promise to cut its global energy u
se 20 percent by the year 2010. To accomplish this reduction below 2005 levels,
The Hewlett-Packard Company announced plans to deliver energy-efficient products
and services and institute energy-efficient operating practices in its faciliti
es worldwide.
Introduction of CNG in Delhi
New Delhi, capital of India, was being polluted at a very fast pace until Suprem
e Court of India forced a change to alternative fuels. In 2002, a directive was
issued to completely adopt CNG in all public transport systems to curb pollution
.
CONCLUSION
Green marketing is still in its infancy and a lot of research is to be done on g
reen marketing to fully explore its potential .Think of a refrigerator for examp
le. While we may have had to be convinced in the 1950s to buy a refrigerator, we
would have wanted the great white box to have attractive looks till the 1970s,
but in today s uncertain world, we might ask ourselves about the impact of the c
hlorofluorocarbons (CFCs) that our refrigerator is emitting and demand a more en
vironmentally friendly refrigerator.
So, if today s successful marketing is about appealing to personal values and de
livering consumer empowerment, then surely the time is right to inject sustainab
le development into the marketing mix to help address some of the gritty issues
presently faced by our planet .Green marketing methods may produce highly effect
ive results if used cautiously and with integrity.