Corporate Carbon-Neutral Strategies Set to Create New Revenue Streams for Companies: Report

Frost & Sullivan Visionary Innovation Group's recent analysis of global carbon regulatory trends reveals that new regulatory frameworks and the expansion of environmentally responsible consumers will foster the adoption of innovative, carbon-neutral strategies in top-tier companies.

Governments are committed to reducing carbon emissions, and today's consumers are more environmentally conscious.

Global companies can significantly decrease their costs and boost their profitability by reducing excessive carbon emissions, lowering taxes, and leveraging advanced tools such as carbon capture and reuse technology. On the consumer side, this will benefit their reputation management goals.

To communicate this effectively, having a clear message on delivering greener products and carbon emission levels will be crucial to succeeding under these new regulatory schemes.

"To meet their commitments to reduce greenhouse gas (GHG) emissions, most governments are taking stricter measures to reduce carbon emissions, with some introducing regulations, such as a carbon tax, that encourage companies to transform their supply chain to reduce their impact," noted Typhanie Esmiol, Consulting Analyst, TechVision, Frost & Sullivan. "Among customers, environmental and climate concerns are more important than ever, and sustainability now competes with conventional factors, such as price and brand. Companies must effectively communicate their efforts on achieving their climate footprint and carbon-reduction goals to satisfy customers."