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BearingPoint Finds US Companies Motivated by Image To Be "Eco-Friendly"
By Big4.com Staff Writers
BearingPoint, one of the largest management consulting firms of the world,
declared the result of a study that hints that brand image is the main
motivation for companies in United States to be "eco-friendly". The results of
the study were aggregated from statistics from over 600 executives from big
firms all over the world.
According to the report, 71% of United State companies sell the
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"environmental friendliness" of the products proactively to their consumers.
This is relatively greater than the worldwide average of fifty-nine percent.
However, the companies in U.S are behind their worldwide counterparts in order
to develop "green" supply chains. Tom Wrobleski, North American Supply Chain
Practice Leader of BearingPoint, said, "Most of the investment into being
environmentally friendly has been driven by improving the corporate image."
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Wrobleski continued that they expect the companies in U.S to observe closely
their ecological impact in the coming few years. Although 11% said that cost is
the main limiting factor, 36% feels that the largest hurdle towards the
execution of "environmental friendly" supply chains are the shortage or
scarcity of information. Wrobleski said that companies are aware of the fact
that sustainability in future may become a growingly significant factor for the
success of the companies.
Almost all Japanese companies and roughly 38% of European companies have taken
initiatives in order to ease the ecological impact of the supply chain.
Wrobleski said, "Industry groups often share the same suppliers and have
similar supply chain models so it is in their best interest to work together to
build efficiencies at an industry level and, at the same time, enhance the
"environmentally friendly" image of their industry."
The study also proved that companies that have acted are now experiencing a
major increase in the satisfaction of the customer, and are also getting
competitive advantage. The study questioned around 601 company directors from
all over the world with revenues varying from around $100 million to around $1
billion.
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