NEWSLETTER SUBSCRIBE
Pleae enter your email address to subscribe to our newsletter
:
 
    Latest newsletter

   BENCHMARK CALCULATOR
Would you like to see how your property is performing compared to Irish and international benchmarks? Do you know what are the potential savings that could be achieved?

Find out here

   GENERAL EVENTS
2015 GHP Responsible Travel & Tourism Conference
Thursday, 15th October 2015 - The Marker Hotel, Dublin
read more ...
Resource Efficiency and Eco-certification Training Courses
Locations/dates TBC
read more ...
Upskilling - 1 day course - Certified Members
We will run a course where demand is indicated
read more ...
    Read all  |  Archive
Privately held businesses globally still willing to introduce 'green' practices

Despite the global downturn, plenty of privately held businesses (PHBs) are still prepared to introduce 'green' practices, according to latest research from the Grant Thornton International Business Report (IBR) - even if those green practices have a negative effect on the bottom line.


 

When asked to rate the environmental friendliness of their business community and their appetite for introducing green practices, the 7,200 senior executives in PHBs across 36 economies created a global picture of those prepared to take the initiative on green practices and those unwilling to put their bottom line at risk.

The top left quadrant, including Greece, Turkey, Argentina and mainland China, contains the economies with low perceptions of environmental friendliness within the business community but where, despite this perception, PHBs are most willing to take the initiative and introduce green practices themselves.

In contrast, in other countries with similar perceptions about the environmental friendliness of their business communities like Russia, Armenia, Belgium, France and the UK, PHBs said they were much less likely to introduce green practices that might affect their bottom line.

Ken Atkinson Managing Partner of Grant Thornton Vietnam explains, "It is fascinating to see where in the world the greatest appetite for green practices lies. Despite the downturn, profit is clearly not the only factor driving PHBs and we should take great encouragement from their desire to build sustainable businesses. In my view, those who persist with their green agenda during the downturn will be the businesses best placed to seize competitive advantage when the upturn comes."

Interesting global variations emerged. A net percentage balance of +30% of all PHBs rate their business community 'environmentally friendly' with Nordic countries top of the league table at +61% and Greece and Turkey at the other end of the scale at -42% and -41% respectively. Of the +51% of businesses globally saying that they would introduce green practices even if they negatively affected the bottom line, the Asia Pacific and Latin American economies showed most willingness to do so at +57% +56% respectively.

The Grant Thornton International Business Report is an annual survey of the views of senior executives in privately held businesses all over the world. Launched in 1992 in nine European countries the report now surveys over 7,200 PHBs in 36 economies providing territory, regional and global trend data on the economic and commercial issues affecting a sector often described as the 'engine' of the world's economy. Data for eight key industry sectors will be available for the first time in 2009. The research is conducted by Experian Business Strategies Ltd. Grant Thornton International donates US$5 to UNICEF for every completed IBR questionnaire, a donation of over US$39,000 in 2008.

 

This article first appears in ehotelier.com on July 7, 2009

 






   LOGIN TO MEMBERS SECTION
:
:
 
Forgot password?  

   NEWS
Sandymount Hotel wins a 2015 Pakman Award
read more ...
Wholesale gas prices decline 13% in a year
read more ...
Green roofs will become mandatory for commercial buildings
read more ...
Marriott International making big gains in corporate responsibility
read more ...
IHI Environmental Manager of the Year 2015
Apply Now - closing date - Monday 19th October
read more ...
Ibec Environment Awards 2015/16 *call for entries*
read more ...
UK AA Hospitality Awards 2015-2016 - Eco Hotel and Group
read more ...
How going green helps companies make money
read more ...
Ibec Environment Awards 2015/2016
read more ...
read more ...
Beware False Gifts......Further Update
The light bulb con - have you fallen for it?
read more ...
SFA 2016 Awards Announced - €50,000 package for all Finalists
read more ...
2015 REPAK Pakman Awards
Sandymount Hotel - Shortlisted
read more ...
New website for corporate responsibility
read more ...
2015 Chambers Ireland CSR Awards announced
read more ...
Towns clean up their act on litter issue
read more ...
Energy bills could soar as ESB and EirGrid ask for billions
read more ...
Starwood Unveils Water Story: Thinking Beyond Conservation
read more ...
Hotel identified as Legionella outbreak source that kills 12 in New York
read more ...
Sustainability is the Core of an Authentic Hospitality Experience
read more ...
Ecolab Releases 2014 Corporate Sustainability Report
read more ...
Booking.com survey shows trend moving towards sustainable travel
read more ...
Making the world a better place makes business sense
read more ...
Leading restaurateurs use more local food suppliers
read more ...
Energy Management - Refrigerators and Freezers
read more ...
Sustainable travel in the Burren
read more ...
Burren maintains its leading destination status
read more ...
Marriott Vacations Worldwide Releases CSR Report
read more ...
Burren Food Trail wins EDEN Award
read more ...
Blue Flag Beaches Awarded 2015
read more ...
New Mandatory Energy Auditing Scheme for large enterprises - is this you?
read more ...
Maritime Hotels Ocean Restaurant wins Irish Restaurant Award for Eco
read more ...
Taking the great leap forward on climate change
Thought Piece - Eamon Ryan, Green Party - Irish Times
read more ...
Paying the right price for energy
Thought Piece - JOHN FITZGERALD, Irish Times, 19/5/2015
read more ...
EDEN 2015 - Finalists announced
Best Use of Food
read more ...
Irish Country Hotels commit to Buying Local
read more ...
Top Green Hotels in the World Announced
read more ...
Accor marks advances in sustainable development
read more ...
Hotel Doolin wins at Green Awards 2015
read more ...
2015 Supervalu Tidytowns Competition takes off
read more ...
Marriott Announces Water Conservation Results
read more ...
Hotel Association of Canada Survey shows 47% of business travellers see eco-certification as very important
read more ...
TripAdvisor Effect’ Improves Hotels RevPar
read more ...
European Green Leaf Award launched for smaller cities
read more ...
Fáilte Ireland Launches Seventh EDEN Competition with Tourism and Local Gastronomy as This Year’s Theme
read more ...
Sustainable Tourism and CSR Highlights at ITB 2015 Berlin
read more ...
Is it Time to Stop Using Cleaning Chemicals?
read more ...
2015 Chambers Ireland Corporate Social Responsibility Awards were launched on Tuesday 3rd March 2015 in Dublin Castle.
read more ...
Xavier Font on How to Communicate Sustainable Tourism
read more ...
TripAdvisor Green Leaders – Blessing or Curse?
read more ...
GHP talks about Resource Efficiency to Northern Ireland businesses
read more ...
Read all  |  Archive    
 
     
   

 Media Partner