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A lot of companies using ecopreneurship principles incorporate sustainable product design. Product design incorporating sustainability can happen at any stage of the business, including material extraction, logistics, the manufacturing process, disposal, etc. Sustainable product design can be achieved using innovative technology (or Eco-innovation), cradle to cradle design, bio-mimicry, etc.
Companies leading the way in sustainable business practices can take advantage of sustainable revenue opportunities: according to the Department for Business, Innovation and Skills the UK green economy will grow by 4.9 to 5.5 percent a year by 2015, [73] and the average internal rate of return on energy efficiency investments for large ...
A common critique of green development is that it negatively affects the way real estate developers do business, as it can increase cost and create delay. [5]: 137 For example, becoming LEED-certified can contribute to additional costs. This includes additional building design and construction fees, interior design and construction fees ...
Modern day businesses aim to produce goods at a low cost while maintaining quality, staying competitive in the global marketplace, and meeting consumer preferences for more environment friendly products. To help businesses meet these challenges, EPA encourages businesses to incorporate environmental considerations into the design process.
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