SlideShare a Scribd company logo
1 of 15
GREEN MARKETING INITIATIVES IN INDIA:
AN OVERVIEW
Abstract
Introduction
Why green marketing? & benefit of green marketing
Greenhouse gas reduction market
Five simple rules of green marketing
Objective
Research methodology
Need for green marketing
Problems with application of green marketing concept
Eight keys to successful green marketing
Green initiatives taken by some companies in india
Challenges ahead
Conclusion
Bibliography
FLOW OF PRESENTATION
INTRODUCTION
Green marketing alternatively known as Environmental marketing and Sustainable
marketing refers to an Organization's efforts at designing, promoting, pricing and
distributing products that will not harm the Environment (Pride and Ferrell, 1993).
Maintaining ecological balance is a major issue confronting the corporate world
today. Damage done to the environment has already crossed the threshold and
reached alarming limits. Non replenishable natural resources are getting depleted at
a rapid pace. Generation of waste, including biodegradable pollutants is increasing
enormously.
BENEFIT OF GREEN MARKETING
1. Organizations perceive environmental marketing to be an opportunity that can be
used to achieve its objectives.
2. Organizations believe they have a moral obligation to be more socially
responsible. Governmental bodies are forcing firms to become more responsible.
3. Competitors' environmental activities pressure firms to change their environmental
marketing activities.
4. Cost factors associated with waste disposal, or reductions in material usage forces
firms to modify their behavior.
Five simple rules of green marketing
1. Know your customer
2.Empower consumers
3. Be transparent
4. Reassure the buyer
5. Consider your pricing
OBJECTIVE
This purpose of this study is to assess the need and implication of green marketing
and also to evaluate the initiatives taken by the Indian companies and concern for
green marketing in their core business values.
RESEARCH METHODOLOGY
The present study is descriptive in nature to provide a clear guidance for descriptive
research. For this purpose secondary data were collected. The secondary data were
collected through newspapers, magazines, books, journals, conference proceedings,
Government reports and websites.
NEED FOR GREEN MARKETING
Social responsibility
Governmental Pressure
Competitive Pressure
Cost or Profit Issues
PROBLEMS WITH APPLICATION OF GREEN MARKETING CONCEPT
Green Revolving
Green Selling
Green Harvesting
Enviropreneur Marketing
Compliance Marketing
Green Washing
KEYS TO SUCCESSFUL GREEN MARKETING
 being genuine means that
(a) that you are actually doing what you claim to be doing in your green
marketing campaign and
(b) that the rest of your business policies are consistent with whatever you are
doing that’s environmentally friendly.
 Educating your customers isn’t just a matter of letting people know whatever
you’re doing to protect the environment; but also a matter of letting them
know why it matters.
 Giving your customers an opportunity to participate means personalizing the
benefits of your environmentally friendly actions, normally through letting the
customer take part in positive environmental action.
GREEN INITIATIVES TAKEN BY SOME COMPANIES
IN INDIA
Honda
HCL
IBM
Idea Cellular
IndusInd Bank
ITC
Maruti
Nokia
Oil and Natural Gas Corporation Ltd
Reva,
Samsung,
Suzlon Energy manufactures
Tamilnadu Newsprint and Papers Limited (TNPL)
Wipro Infotech
FIVE INDIAN COMPANIES IN GLOBAL LIST OF
GREEN FIRMS
CHALLENGES AHEAD
• Green products require renewable and recyclable material, which is costly.
• Requires a technology, which requires huge investment in Research &
Development.
• Water treatment technology, which is too costly.
• Majority of the people are not aware of green products and their uses.
• Majority of the consumers are not willing to pay a premium for green products.
SOME REFERENCES
1. American Marketing Association. (2011, August 11). Dictionary. Retrieved August 11,
2011, from marketing power.
2. Antonio C, Sergio R, Francisco MJ. Characteristics of Research on Green Marketing.
Business Strategy and the Environment 2009; 18: 223-239.
3. Carroll AB. Three-dimensional conceptual model of corporate performance. Academy
of Management review 1979; 4: 497-505.
4. Keller GM. Industry and the Environment: Toward a New Philosophy. Vital Speeches
1987; 54(7): 154-157.
Green Marketing Initiatives in India

More Related Content

What's hot

What's hot (20)

Green Business Best Practices for Enterprises Sustainability in South-South, ...
Green Business Best Practices for Enterprises Sustainability in South-South, ...Green Business Best Practices for Enterprises Sustainability in South-South, ...
Green Business Best Practices for Enterprises Sustainability in South-South, ...
 
Green marketing
Green marketingGreen marketing
Green marketing
 
GREEN MARKETING OVERVIEW
GREEN MARKETING OVERVIEWGREEN MARKETING OVERVIEW
GREEN MARKETING OVERVIEW
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Sonia final
Sonia finalSonia final
Sonia final
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Green Marketing
Green MarketingGreen Marketing
Green Marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green marketing- Marketing Management- MBA
Green marketing- Marketing Management- MBAGreen marketing- Marketing Management- MBA
Green marketing- Marketing Management- MBA
 
Seeing Green From Green Marketing
Seeing Green From Green MarketingSeeing Green From Green Marketing
Seeing Green From Green Marketing
 
Green Marketing by Vijay Tandon, Director PGDM & International Programs, Univ...
Green Marketing by Vijay Tandon, Director PGDM & International Programs, Univ...Green Marketing by Vijay Tandon, Director PGDM & International Programs, Univ...
Green Marketing by Vijay Tandon, Director PGDM & International Programs, Univ...
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green marketing ppt
Green marketing pptGreen marketing ppt
Green marketing ppt
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Greenmarketing ppt
Greenmarketing pptGreenmarketing ppt
Greenmarketing ppt
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Green marketing model
Green marketing modelGreen marketing model
Green marketing model
 
Green marketing
Green marketingGreen marketing
Green marketing
 

Similar to Green Marketing Initiatives in India

A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...
A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...
A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...IAEME Publication
 
Green marketing and it’s impact on india
Green marketing and it’s impact on indiaGreen marketing and it’s impact on india
Green marketing and it’s impact on indiasuresh kumar
 
Green marketing final
 Green marketing final Green marketing final
Green marketing finalRamdas Nadar
 
Green marketing a holistic marketing concept
Green marketing  a holistic marketing conceptGreen marketing  a holistic marketing concept
Green marketing a holistic marketing conceptPrashant Arsul
 
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETINGA STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETINGErica Thompson
 
49659549 green-marketing
49659549 green-marketing49659549 green-marketing
49659549 green-marketingjupinder_kaur
 
Green marketing
Green marketingGreen marketing
Green marketingklrcbm
 
Green marketing
Green marketing Green marketing
Green marketing Anand Verma
 
Green marketing sujith
Green marketing sujithGreen marketing sujith
Green marketing sujithSujith Prasad
 
Green Marketing in India – An Overview
Green Marketing in India – An OverviewGreen Marketing in India – An Overview
Green Marketing in India – An OverviewAnto Chacko
 
Why The Companies are using GO GREEN policy ?
Why The Companies are using GO GREEN policy ? Why The Companies are using GO GREEN policy ?
Why The Companies are using GO GREEN policy ? DEEPIKA WALIA
 
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGESGREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGESANUGYA JAISWAL
 

Similar to Green Marketing Initiatives in India (20)

Green marketing
Green marketingGreen marketing
Green marketing
 
Greenmarketing
Greenmarketing Greenmarketing
Greenmarketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...
A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...
A STUDY ON CONSUMER BEHAVIOUR ON GREEN MARKETING WITH REFERENCE TO ORGANIC FO...
 
Green Marketing Essay
Green Marketing EssayGreen Marketing Essay
Green Marketing Essay
 
Green marketing and it’s impact on india
Green marketing and it’s impact on indiaGreen marketing and it’s impact on india
Green marketing and it’s impact on india
 
Green marketing final
 Green marketing final Green marketing final
Green marketing final
 
Green marketing a holistic marketing concept
Green marketing  a holistic marketing conceptGreen marketing  a holistic marketing concept
Green marketing a holistic marketing concept
 
Green marketing
Green marketingGreen marketing
Green marketing
 
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETINGA STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
A STUDY ON CUSTOMER PERCEPTION OF GREEN MARKETING
 
49659549 green-marketing
49659549 green-marketing49659549 green-marketing
49659549 green-marketing
 
Green marketing
Green marketingGreen marketing
Green marketing
 
Greenmarketing
Greenmarketing Greenmarketing
Greenmarketing
 
Green marketing
Green marketing Green marketing
Green marketing
 
Green marketing sujith
Green marketing sujithGreen marketing sujith
Green marketing sujith
 
Green Marketing in India – An Overview
Green Marketing in India – An OverviewGreen Marketing in India – An Overview
Green Marketing in India – An Overview
 
Why The Companies are using GO GREEN policy ?
Why The Companies are using GO GREEN policy ? Why The Companies are using GO GREEN policy ?
Why The Companies are using GO GREEN policy ?
 
Green marketing by mayank panday
Green marketing by mayank pandayGreen marketing by mayank panday
Green marketing by mayank panday
 
Green marketing
Green marketingGreen marketing
Green marketing
 
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGESGREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
GREEN MARKETING - LAWS, ADVANTAGES, CHALLENGES
 

Recently uploaded

Freegle User Survey as visual display - BH
Freegle User Survey as visual display - BHFreegle User Survey as visual display - BH
Freegle User Survey as visual display - BHbill846304
 
办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一
办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一
办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一F dds
 
Abu Dhabi Sea Beach Visitor Community pp
Abu Dhabi Sea Beach Visitor Community ppAbu Dhabi Sea Beach Visitor Community pp
Abu Dhabi Sea Beach Visitor Community pp202215407
 
Low Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service Bikaner
Low Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service BikanerLow Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service Bikaner
Low Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service BikanerSuhani Kapoor
 
See How do animals kill their prey for food
See How do animals kill their prey for foodSee How do animals kill their prey for food
See How do animals kill their prey for fooddrsk203
 
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012sapnasaifi408
 
VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130
VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130
VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130Suhani Kapoor
 
Species composition, diversity and community structure of mangroves in Barang...
Species composition, diversity and community structure of mangroves in Barang...Species composition, diversity and community structure of mangroves in Barang...
Species composition, diversity and community structure of mangroves in Barang...Open Access Research Paper
 
885MTAMount DMU University Bachelor's Diploma in Education
885MTAMount DMU University Bachelor's Diploma in Education885MTAMount DMU University Bachelor's Diploma in Education
885MTAMount DMU University Bachelor's Diploma in Educationz xss
 
Call In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCR
Call In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCRCall In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCR
Call In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCRjennyeacort
 
Gwalior Call Girls 7001305949 WhatsApp Number 24x7 Best Services
Gwalior Call Girls 7001305949 WhatsApp Number 24x7 Best ServicesGwalior Call Girls 7001305949 WhatsApp Number 24x7 Best Services
Gwalior Call Girls 7001305949 WhatsApp Number 24x7 Best Servicesnajka9823
 
VIP Kolkata Call Girl Kalighat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Kalighat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Kalighat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Kalighat 👉 8250192130 Available With Roomdivyansh0kumar0
 
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...ranjana rawat
 
(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...ranjana rawat
 

Recently uploaded (20)

Freegle User Survey as visual display - BH
Freegle User Survey as visual display - BHFreegle User Survey as visual display - BH
Freegle User Survey as visual display - BH
 
办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一
办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一
办理学位证(KU证书)堪萨斯大学毕业证成绩单原版一比一
 
Abu Dhabi Sea Beach Visitor Community pp
Abu Dhabi Sea Beach Visitor Community ppAbu Dhabi Sea Beach Visitor Community pp
Abu Dhabi Sea Beach Visitor Community pp
 
Call Girls In { Delhi } South Extension Whatsup 9873940964 Enjoy Unlimited Pl...
Call Girls In { Delhi } South Extension Whatsup 9873940964 Enjoy Unlimited Pl...Call Girls In { Delhi } South Extension Whatsup 9873940964 Enjoy Unlimited Pl...
Call Girls In { Delhi } South Extension Whatsup 9873940964 Enjoy Unlimited Pl...
 
Low Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service Bikaner
Low Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service BikanerLow Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service Bikaner
Low Rate Call Girls Bikaner Anika 8250192130 Independent Escort Service Bikaner
 
See How do animals kill their prey for food
See How do animals kill their prey for foodSee How do animals kill their prey for food
See How do animals kill their prey for food
 
Green Banking
Green Banking Green Banking
Green Banking
 
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
Call Girls South Delhi Delhi reach out to us at ☎ 9711199012
 
Escort Service Call Girls In Shakti Nagar, 99530°56974 Delhi NCR
Escort Service Call Girls In Shakti Nagar, 99530°56974 Delhi NCREscort Service Call Girls In Shakti Nagar, 99530°56974 Delhi NCR
Escort Service Call Girls In Shakti Nagar, 99530°56974 Delhi NCR
 
VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130
VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130
VIP Call Girls Service Bandlaguda Hyderabad Call +91-8250192130
 
Call Girls In R.K. Puram 9953056974 Escorts ServiCe In Delhi Ncr
Call Girls In R.K. Puram 9953056974 Escorts ServiCe In Delhi NcrCall Girls In R.K. Puram 9953056974 Escorts ServiCe In Delhi Ncr
Call Girls In R.K. Puram 9953056974 Escorts ServiCe In Delhi Ncr
 
Model Call Girl in Rajiv Chowk Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Rajiv Chowk Delhi reach out to us at 🔝9953056974🔝Model Call Girl in Rajiv Chowk Delhi reach out to us at 🔝9953056974🔝
Model Call Girl in Rajiv Chowk Delhi reach out to us at 🔝9953056974🔝
 
Species composition, diversity and community structure of mangroves in Barang...
Species composition, diversity and community structure of mangroves in Barang...Species composition, diversity and community structure of mangroves in Barang...
Species composition, diversity and community structure of mangroves in Barang...
 
885MTAMount DMU University Bachelor's Diploma in Education
885MTAMount DMU University Bachelor's Diploma in Education885MTAMount DMU University Bachelor's Diploma in Education
885MTAMount DMU University Bachelor's Diploma in Education
 
Call In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCR
Call In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCRCall In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCR
Call In girls Connaught Place (DELHI)⇛9711147426🔝Delhi NCR
 
Gwalior Call Girls 7001305949 WhatsApp Number 24x7 Best Services
Gwalior Call Girls 7001305949 WhatsApp Number 24x7 Best ServicesGwalior Call Girls 7001305949 WhatsApp Number 24x7 Best Services
Gwalior Call Girls 7001305949 WhatsApp Number 24x7 Best Services
 
VIP Kolkata Call Girl Kalighat 👉 8250192130 Available With Room
VIP Kolkata Call Girl Kalighat 👉 8250192130  Available With RoomVIP Kolkata Call Girl Kalighat 👉 8250192130  Available With Room
VIP Kolkata Call Girl Kalighat 👉 8250192130 Available With Room
 
Call Girls In Dhaula Kuan꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In Dhaula Kuan꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCeCall Girls In Dhaula Kuan꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
Call Girls In Dhaula Kuan꧁❤ 🔝 9953056974🔝❤꧂ Escort ServiCe
 
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
(NANDITA) Hadapsar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pune ...
 
(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
(RIYA) Kalyani Nagar Call Girls Just Call 7001035870 [ Cash on Delivery ] Pun...
 

Green Marketing Initiatives in India

  • 1. GREEN MARKETING INITIATIVES IN INDIA: AN OVERVIEW
  • 2. Abstract Introduction Why green marketing? & benefit of green marketing Greenhouse gas reduction market Five simple rules of green marketing Objective Research methodology Need for green marketing Problems with application of green marketing concept Eight keys to successful green marketing Green initiatives taken by some companies in india Challenges ahead Conclusion Bibliography FLOW OF PRESENTATION
  • 3. INTRODUCTION Green marketing alternatively known as Environmental marketing and Sustainable marketing refers to an Organization's efforts at designing, promoting, pricing and distributing products that will not harm the Environment (Pride and Ferrell, 1993). Maintaining ecological balance is a major issue confronting the corporate world today. Damage done to the environment has already crossed the threshold and reached alarming limits. Non replenishable natural resources are getting depleted at a rapid pace. Generation of waste, including biodegradable pollutants is increasing enormously.
  • 4. BENEFIT OF GREEN MARKETING 1. Organizations perceive environmental marketing to be an opportunity that can be used to achieve its objectives. 2. Organizations believe they have a moral obligation to be more socially responsible. Governmental bodies are forcing firms to become more responsible. 3. Competitors' environmental activities pressure firms to change their environmental marketing activities. 4. Cost factors associated with waste disposal, or reductions in material usage forces firms to modify their behavior.
  • 5. Five simple rules of green marketing 1. Know your customer 2.Empower consumers 3. Be transparent 4. Reassure the buyer 5. Consider your pricing
  • 6. OBJECTIVE This purpose of this study is to assess the need and implication of green marketing and also to evaluate the initiatives taken by the Indian companies and concern for green marketing in their core business values.
  • 7. RESEARCH METHODOLOGY The present study is descriptive in nature to provide a clear guidance for descriptive research. For this purpose secondary data were collected. The secondary data were collected through newspapers, magazines, books, journals, conference proceedings, Government reports and websites.
  • 8. NEED FOR GREEN MARKETING Social responsibility Governmental Pressure Competitive Pressure Cost or Profit Issues
  • 9. PROBLEMS WITH APPLICATION OF GREEN MARKETING CONCEPT Green Revolving Green Selling Green Harvesting Enviropreneur Marketing Compliance Marketing Green Washing
  • 10. KEYS TO SUCCESSFUL GREEN MARKETING  being genuine means that (a) that you are actually doing what you claim to be doing in your green marketing campaign and (b) that the rest of your business policies are consistent with whatever you are doing that’s environmentally friendly.  Educating your customers isn’t just a matter of letting people know whatever you’re doing to protect the environment; but also a matter of letting them know why it matters.  Giving your customers an opportunity to participate means personalizing the benefits of your environmentally friendly actions, normally through letting the customer take part in positive environmental action.
  • 11. GREEN INITIATIVES TAKEN BY SOME COMPANIES IN INDIA Honda HCL IBM Idea Cellular IndusInd Bank ITC Maruti Nokia Oil and Natural Gas Corporation Ltd Reva, Samsung, Suzlon Energy manufactures Tamilnadu Newsprint and Papers Limited (TNPL) Wipro Infotech
  • 12. FIVE INDIAN COMPANIES IN GLOBAL LIST OF GREEN FIRMS
  • 13. CHALLENGES AHEAD • Green products require renewable and recyclable material, which is costly. • Requires a technology, which requires huge investment in Research & Development. • Water treatment technology, which is too costly. • Majority of the people are not aware of green products and their uses. • Majority of the consumers are not willing to pay a premium for green products.
  • 14. SOME REFERENCES 1. American Marketing Association. (2011, August 11). Dictionary. Retrieved August 11, 2011, from marketing power. 2. Antonio C, Sergio R, Francisco MJ. Characteristics of Research on Green Marketing. Business Strategy and the Environment 2009; 18: 223-239. 3. Carroll AB. Three-dimensional conceptual model of corporate performance. Academy of Management review 1979; 4: 497-505. 4. Keller GM. Industry and the Environment: Toward a New Philosophy. Vital Speeches 1987; 54(7): 154-157.