Marketing for GoodThe Good, The Questionable and the Green MBA11/26/07 |
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In between the stuffings this Thanksgiving holiday, I spied a number of green marketing initiatives. Here’s a quick taste of the good, the questionable and the simply foolish. The Good Ford has made a number of small but significant moves in the last few months to prepare for a greener future. One of the more interesting ones was their acquisition of a company that can help turn paint fumes into energy. Talk about making lemonade out of lemons, this is indeed a tasty technology if it works as promised. Here’s what they said about in on Environmental Leader: Ford Motor Co. is purchasing a fuel cell from FuelCell Energy The Questionable Aveda announced recently that like other Estee Lauder-owned brands, it would focus on green messaging in 2008. Frankly, I’m just not sure what Aveda is doing to be green other than talking about it. Feels like a basic case of greenwashing with a touch of bandwagon jumping. I look forward to being proved wrong about this. The Adweek article noted: Suzanne Dawson, vp of global marketing at Aveda, cited research The Simply Foolish If you thought you were doing good by dropping off your tired electronics gear off at at recycling center, think again. CNN reports that much of this gear ends up in third world backyards. Clearly electronics manufacturers need to step up their efforts to recycle their products properly before they are legislated to do just that. I wrote about Sony’s recycling initiative a few months ago. Here’s a bit from the CNN article: activists estimate that 50 to 80 percent of the 300,000 to 400,000 The bottom line is that you can’t simply talk about being green. You actually have to do something. Something meaningful and preferably across all aspects of your business. The risk of being exposed as a greenwasher is significant. Toyota is under fire right now for touting its greenness in advertising while lobbying Congress for less restrictive mileage (CAFE) targets. A recent Financial Times article noted that Business Schools around the world were waking up to green as a means of gaining competitive advantage and saving the planet. Javier Carrillo, director of the school’s Centre for EcoIntelligent Hopefully this message will permeate the business infrastructure as these freshly minted and green MBA’s hit the real world. Perhaps MBA will soon stand for More Business Acumen instead of Mediocre but Arrogant. Feel free to add your own acronym. |
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