Date Added: Sep 2009
The gloom of the current economic climate is making more companies "go green". Every other day, we read from the local papers of some company going green. Why this sudden surge of interest? A study conducted in December 2009 by the Strategy and Innovation Office of Fuji Xerox Singapore on eighty companies in Singapore, across a variety of industries, revealed that 100% of them have implemented some form of green initiative. Cutting costs is the key reason cited by these organizations. Investing in green initiatives has always been associated cost increases. Recycled paper is more expensive than normal paper, and hybrid cars are more expensive than petrol-driven cars.