Today, consumers are just as interested in corporate social responsibility (CSR) as they are in a company’s products and services. This is especially good news for eco-minded entrepreneurs.
We’ve outlined 23 eco-friendly, green industry business ideas for making money and saving the planet at the same time.
What is a green industry business?
A green industry business is one that uses sustainable materials to make its products. Green industry businesses aim to use as little water, energy, and raw materials as possible while cutting carbon emissions, or it finds ways to utilize these materials in renewable and eco-friendly ways. This business approach minimizes the company’s strain on natural resources and contributions to climate change. In some cases, if waste is generated, it is reused as energy or raw material.
What is a green business model?
With a traditional business model, a company outlines raw material budgets, design processes, and service delivery or product distribution methods. A green business model, while ensuring ample revenue, prioritizes minimizing the company’s environmental impact instead of maximizing its profit. It may involve restricted use of fossil fuels while emphasizing power supplied by solar panels and other approaches to drastically reduce energy consumption.
How do I start a green business?
As consumers have come to care about CSR, a greater number of green businesses have emerged, but the problems that climate change poses require many solutions. Thus, to start a green business, first identify an eco-friendly service that nobody in your market currently offers. Then think of similarly eco-minded people you know whom you could ask to join your team. As you launch your green business, change your lifestyle to reflect the values and services of your business.
What is an eco-friendly company?
Eco-friendly companies may include outdoor apparel brands, businesses that make reusable plastic bottles, eco-friendly cleaning companies, businesses that install solar panels, a local recycling business, and many other potential ventures.
If you’re looking to start your own eco-friendly, green industry business, consider any of the 23 ideas below.
Handmade all-natural/organic products
Soaps, cosmetics and cleaning products are just a few of the household products that can be made using common organic materials.
Sure, anyone can find a recipe for a sugar scrub or vinegar-based cleaning solution and do it themselves, but if you package and sell them in sets, your customers conveniently have those all-natural products at their fingertips. Local markets and events are a good place to sell, or you could start an online store.
Farmers market vendor
Thanks to the organic movement, those with a green thumb have a golden opportunity to earn money by selling non-GMO, pesticide-free produce at their local farmers market. Selling naturally grown fruits and vegetables gives you a distinct advantage over competing growers who use conventional farming methods, including pesticides. You may have to be approved and/or get certified by your local board of health first before you can begin selling.
Upcycled’ furniture
Don’t throw out your old, broken furniture. With basic templates and access to power tools, you can break down and reassemble chairs, tables and dressers into new pieces that you can paint and sell. Shelving and storage units are easy to make from wood scraps, and depending on the item, you might even be able to fully restore a unique and valuable piece of furniture.
Alternatively, you could reupholster old chairs and couches, giving them new life. Buying secondhand doesn’t just save money, it also helps the environment
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