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39 Green Business Ideas for Sustainable Entrepreneurs

Meredith Wood

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

An eco-friendly business, or "green business" is one that demonstrates a commitment to an environmentally sustainable future. Green businesses strive to have a positive impact on the environment and their community. This can be achieved through many practices and strategies, from recycling to sourcing local products to promoting energy efficiency.

Sustainable and green business ideas combine your commitment to the environment with your goal of starting a business. Beyond that, they also deliver on revenue and profit. A study by Nielsen revealed that 66% of global consumers are willing to pay more for sustainable products. If you want to launch a green business, get started with this article containing our top sustainable and green business ideas.

green world business plan

39 green business ideas

Here are 39 sustainable business ideas for you to consider if you want to go green.

1. Energy auditing and green consulting

Work with businesses or individuals to help them implement strategies to reduce their carbon footprint.

2. Garden planning

Landscape eco-friendly, sustainable gardens for families and businesses to feed themselves.

3. Environmental law

Provide legal services to protect the environment or hold entities accountable for violating environmental laws.

4. Composting business

Provide a service to pick up compost or a place to drop it off.

5. Green cleaning

Use eco-friendly products to clean homes and businesses.

6. Air duct cleaning

Dust and dirt can easily accumulate in air ducts, preventing the air conditioning system from working properly and thereby increasing energy consumption. Start an eco-friendly small business that serves to regularly clean air ducts to reduce energy consumption.

7. Fundraiser or grant writer

Many environmental organizations could use help getting funding . Start a career as a freelance grant writer to help them out.

8. Eco-friendly food supplier

Deliver food from local sources to people or businesses who need them. Farm-to-table restaurants are some of the businesses that you could help supply.

9. Eco restaurants

Open a restaurant that uses only locally sourced food and sustainable products and processes.

10. Organic nutritionist

This is a powerful sustainable business idea. Help people eat clean — it’s better for their health and our earth.

11. Wind power development

Build wind farms that produce sustainable energy.

12. Geothermal developer

Build power plants that use steam produced from reservoirs of hot water found a couple of miles or more below the Earth's surface.

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13. Solar panel manufacturer

Produce the energy-saving panels for homes and businesses.

14. Plant delivery service

Start an eco-friendly small business that sources and delivers plants to people or businesses that will help clean the air around them.

15. Open a used bookstore

Recycle old and gently books for a fraction of the price. You could do this either online or in-person with a brick-and-mortar location.

16. Green gift shop

As mentioned earlier, green products are a selling point. Why not open a store full of them?

17. Sell bicycles

One way to reduce carbon emissions is to reduce the number of people driving cars. One way to do that is by encouraging more people to ride bicycles.

18. Sell scooters

While scooters do emit carbon dioxide, they are much more energy-efficient than cars.

19. Energy-efficient car sales

Of course, people still want to drive cars. Why not sell more environmentally friendly car options?

20. Open a consignment or thrift store

How many clothes do you get rid of each year? Recycling old clothes is a great way to reduce the carbon footprint of each clothing item so they don’t go to waste.

21. Manufacture or sell eco-friendly fashion design

Many designers are making clothing from sustainable materials. You could be one of them, or you could sell them.

22. Environmental blog

Publish information and news about climate change and subjects of interest to the environment. Reap advertising payouts from your visitors while informing the public.

23. Advertising agency specializing in green business

With all the new green businesses and initiatives forming, they’re going to need someone to know how to bring all the good they're doing to a large audience, you could start a green business advertising agency.

24. Give bicycle tours

This is a great sustainable business idea for bicycle enthusiasts! Bike tours in your city are way more environmentally friendly than big ole bus tours or long joy rides.

25. Eco-travel planner

Plan eco-friendly travel destinations and activities for tourists.

26. Sustainable events planner

Offer event planning services that guarantee a reduced carbon footprint from the event.

27. Open an organic spa

Harsh chemicals are bad for your skin just as they are for the environment.

28. Recycled furniture and home goods

Use recycled materials to build furniture and home goods people use in their everyday lives. Or open an antique shop reselling older furniture or refurbishing it and reselling it.

29. Eco-friendly kids toys

A great eco-friendly small business idea for parents. Mainstream children’s toys use a ton of unsustainable materials. Why not give parents an environmentally conscious option for their kids.

30. Handmade clothing

If you've got a knack for sewing you can sell your handmade clothing online. A bonus if it’s from recycled materials.

31. Green remodeling

Green remodeling is the perfect green business idea for the handy entrepreneur. Take a worn down home and make it something new using sustainable materials and updated appliances that reduce carbon footprints.

32. Green architecture

Design new homes using sustainable methods.

33. Solar panel installation

Install solar panels for sustainable energy in homes or businesses.

34. Start a cooperative

Communal living easily reduces the carbon footprints of those living in them because everything is shared and the values of the building uphold sustainability.

35. Green venture capitalist

Invest in helping other people get their green business ideas off the ground.

36. Green financial planning

Sell “green bonds” to those looking to add environmentally conscious businesses to their portfolio.

37. Software

Build software programs made specifically to help businesses or individuals with environmental activities and initiatives.

Develop mobile apps designed to help people with environmentally friendly functions, like finding recycling centers or learning about the environmental practices of different brands.

39. Refurbish/recycle tech

Take people’s old and unused technology and recycle the parts or make something new.

Hopefully, these green business ideas have you excited about the possibilities — not only for profit but the pleasure of running a business that helps people lead greener lives and combining what you do with what you believe in. A value-led company is attractive to consumers — why not create one?

Benefits of starting a sustainable business

Green and sustainable business ideas deliver more than profits. Beyond the feel-good impact that comes with making the world a better place, environmentally conscious and green businesses cater to a rapidly growing market.

“Despite the fact that millennials are coming of age in one of the most difficult economic climates in the past 100 years,” according to a recent Nielsen global online study, “They continue to be most willing to pay extra for sustainable offerings — almost three-out-of-four respondents in the latest findings.”

Generation Z does not want to be left behind either: The rise in the percentage of respondents ages 15 to 20 who are willing to pay more for products and services that come from companies who are committed to positive social and environmental impact hovered around 72%.

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Businesses that establish sustainable or green values or practices have an opportunity to grow market share and build loyalty among consumers now and in the future.

Now is the time to pursue your sustainable business idea

There's never been a better time to launch a green or sustainable small business. We’ve undoubtedly seen a ton of change in the last year toward climate solutions and policy, especially as the implications of the Paris Agreement reverberated through businesses, industries, and investors.

“Companies continued to ratchet up their commitments and achievements on renewable energy, greenhouse gas emissions, sustainable supply chains, water and land stewardship, the circular economy, and other aspects of a sustainable enterprise,” according to GreenBiz . “Technology continued its inexorable march, accelerating sustainability solutions in energy, buildings, transportation, food, and just about everywhere else.”

However, global indicators continue to trend in troubling directions. Concentrations of carbon dioxide are unprecedented compared with the past 800,000 years according to the U.S. Environmental Protection Agency, even after accounting for natural fluctuations. Global temperatures continue to rise, and other metrics — on coastal flooding, heat-related deaths, wildfires, polar sea ice, biodiversity, and more — are just as harrowing.

Suffice it to say that we have a major challenge on our hands. Of course, no one is going to solve climate change on their own. But if you’re looking for green business ideas you can do your part and start an environmentally conscious business.

On a similar note...

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Sustainable Green Business Plan Template

Sustainable Green Business Plan Template

What is a Sustainable Green Business Plan?

A sustainable green business plan is a strategic plan that focuses on sustainability, environmental stewardship, and social responsibility. The plan outlines a company's goals, objectives, and target measurements to ensure the company is operating in an environmentally friendly, socially responsible manner. The plan should also identify projects and strategies to ensure that these goals are being met.

What's included in this Sustainable Green Business Plan template?

  • 3 focus areas
  • 6 objectives

Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.

Who is the Sustainable Green Business Plan template for?

This Sustainable Green Business Plan template is for businesses of all sizes and industries, from small businesses to large corporations. The template can be used to create a plan that incorporates sustainable practices, environmental stewardship, and social responsibility into their business operations.

1. Define clear examples of your focus areas

Focus areas are the broad topics that a business wants to address in order to meet their sustainability goals. It is important to define and clearly identify what these focus areas are in order to create a sustainable green business plan. Examples of focus areas could include implementing sustainable practices, reducing waste, and increasing social responsibility.

2. Think about the objectives that could fall under that focus area

Objectives are the specific goals that a business wants to achieve within each focus area. These goals should be specific, measurable, and attainable. When creating objectives, think about the desired outcome and what can be done to achieve it. Examples of some objectives for the focus area of Implement Sustainable Practices could be: Reduce Carbon Footprint, and Increase Recycling.

3. Set measurable targets (KPIs) to tackle the objective

Key Performance Indicators (KPIs) are targets that measure progress toward an objective. They are typically quantitative and should be set in terms of initial and target values, as well as a unit of measure. This helps to ensure that progress is being monitored and that the objectives are being achieved. An example of a KPI for the focus area of Implement Sustainable Practices could be: Decrease reliance on fossil fuels for energy from 80% to 40%.

4. Implement related projects to achieve the KPIs

Projects are the activities that will be used to achieve the objectives and reach the KPIs. These projects should be based on the objectives and KPIs that have been set, and should be well-defined and actionable. This will ensure that the objectives are achievable and that progress is being made. An example of a project related to Implement Sustainable Practices could be: Increase reliance on renewable energy sources.

5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy

Cascade Strategy Execution Platform is a platform that enables businesses to create and manage their business plan. It provides users with tools to define focus areas, objectives, KPIs, and projects, and to track progress towards those goals. With Cascade, businesses can see faster results from their strategies and improve their sustainability initiatives.

25 Green Business Ideas for Aspiring Eco-Minded Entrepreneurs

Lindsey Rudy

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25 Green Business Ideas for Aspiring Eco-Minded Entrepreneurs

Green businesses and eco-friendly companies are part of one of the fastest-growing industries around the world. This presents a great way for creative entrepreneurs to not only find financial success and opportunity but also pursue something that makes a positive impact on the world.

Below, we’ll explain how new entrepreneurs can enter this exciting field and we’ll give you some tips for starting your own green business.

What Is a Green Business?

A green business can take a lot of different forms. Essentially, a green business looks to prioritize sustainability through various business practices or by implementing certain technologies.

For example, a farm that uses less water than traditional farms to produce the same crop yield could be considered a green business. Another example is a company that installs solar panels on homes to reduce dependency on fossil fuels.

These are just a few examples, but the possibilities are nearly endless as many traditional businesses can be converted into green businesses.

A key aspect of a green business is sustainability. This means the business can run and expand with a minimal negative impact on the environment or people. This can also include things like fair labor practices in areas that are traditionally unfair, or industries that normally source raw materials in an environmentally unfriendly way. By making this raw material sourcing more sustainable, the company can be transformed into a green or eco-friendly business.

25 Green Business Ideas

Below are 25 green business ideas to help spark your entrepreneurial creativity and help you start thinking of new opportunities.

Sustainable Fashion Store

This is a great way to mix a strong fashion sense with the green business movement. The fashion industry has often come under fire for labor practices. By flipping this and sourcing fashion made with fair labor practices and eco-friendly materials, an entirely new niche can be created with a sustainable fashion boutique .

E-Bike Conversion or Sales

E-bikes have exploded onto the scene and are selling like crazy all over the world. These eco-friendly modes of transportation reduce carbon emissions and make cycling fun for everyone. Converting old traditional bikes to e-bikes can be easy and profitable. Another option is to sell e-bikes at a retail store or even create your own brand of e-bikes.

Organic Smoothie Bar

Smoothies are a high-margin and easy avenue to open your own business. By choosing all organic ingredients, you can reduce harmful chemicals associated with agriculture. Customers also resonate with this more healthy option which also helps the environment.

Eco-Friendly Cleaning Company

This can be a commercial cleaning company or a maid service for homes or businesses. The goal is to use only safe and eco-friendly cleaning products. Many consumers have concerns or even allergies to harsh cleaning agents. By avoiding these you attract eco-conscious clients and help the environment as well.

Another aspect of this is that you can immediately set yourself apart from the competition by offering green cleaning options.

Bicycle Rental Service

If you live near a tourist area or where people visit, offering a bike or scooter rental service can help alleviate car traffic and exhaust emissions. This is also relatively inexpensive to start and can be done without a permanent physical location.

The options here are almost limitless and you can quickly expand to other locations if your area can support it.

Green Dry Cleaning Service

Dry cleaning often uses harsh and environmentally unfriendly chemicals. By offering a more eco-friendly option, you can attract customers who want a more sustainable option.

Customers are often happy to pay a premium for these green services, so it provides a higher margin product for you to sell.

Organic Tea or Coffee Shop

By serving organic and fair-trade coffee or tea and offering sustainable food options, you can attract an entirely new customer base and also charge a premium for these high-quality products. This means higher margins and happy customers while helping to promote sustainability.

Solar Panel Installation or Repair

If you already have home repair or construction experience, installing or repairing solar panels can be a great way to enter the green business market. You can even add this to your existing list of services if you currently work in home construction.

Solar panel installations require maintenance as well, so even if you don’t install these, you can still offer maintenance packages to homes or businesses with solar panels. Solar energy is an expanding field as electricity prices move higher, so now is a great time to enter this area.

Local Exchanges

Consider starting a business where people can swap goods instead of letting them go to the landfill. Things like gently used furniture or other home items can often be used by other people. This saves waste and helps those in need. This can also be run as an app and proceeds can come from advertising revenue or fees.

Plant-Based or Vegan Restaurant

Many environmentalists believe that plant-based or vegan foods are more sustainable than meat dishes. You can lean into this concept with a plant-based or vegan restaurant.

Organic Lawn Care Service

Most lawn care companies use harsh chemicals, but there are organic options that can often be used instead. Organic lawn care is a fast-growing industry right now, so this is a great opportunity to increase your customer base.

Green Business Consulting

If you have knowledge in a certain area of green business or have experience in environmentalism, consider consulting for other companies looking to increase their sustainability. Some businesses are required to become more eco-friendly due to various state or federal laws, so this offers a lot of opportunities to earn a substantial income.

Sustainable Beauty Salon

Offering more sustainable and organic versions of hair coloring, nail polish, makeup, and other beauty products can set you apart from the competition. There is also a large market for these safer products.

Electric Landscaping Service

Landscaping uses loud and polluting equipment that some homeowners don’t like. There are commercial mowers and tools available now that are all electric. Market yourself as an eco-friendly landscaping company with lower emissions and less noise.

Sustainable Pet Supply Company

Consider only offering toys and products made from safe or recycled materials. You can also sell brands of organic pet food.

Pet spending by consumers is a growing area, so this can be a solid way to take advantage of two growing sectors.

Eco-Friendly Home Remodeling

Offer low-chemical or safer construction materials such as flooring with no toxic glues or finishes or low-fume carpeting that is safer to install.

There are many safer and less toxic home materials on the market now. Use these to your advantage to find new customers and help the environment as well.

Reusable Bottle Company

New reusable drink bottles are entering the market all the time. Some now are even battery-powered and communicate with your phone. Create a new idea for a reusable bottle and save the environment along the way as it helps consumers create less waste from plastic bottles.

Create an Environmental Advocacy Group

Creating an advocacy group that promotes environmental initiatives and causes can help spread the word about what’s important to you. Your services can be offered to companies and other businesses who want to also promote their eco-friendly practices.

Eco-Tourism

Start a travel agency that specializes in eco-tourism or tourism with a far less negative impact on the environment. Things like bicycle tours of cities and hikes can all be part of the packages.

Website About Environmental Concerns

Create a website to educate people on green businesses and how they can participate. Accept advertising from eco-friendly businesses and others to generate revenue.

Sustainable Toy Store

A toy store with only products made with sustainable labor practices and sustainable materials. You can sell a variety of toys or specialize in one specific type of toy.

Green Product Review Site or App

A website where you either write reviews of green products or let users share reviews and feedback. Revenue can come from advertising or paid memberships.

Composting Service

Provide a service that picks up composting material to be composted and repurposed for fertilizer.

Electronics Recycling

Electronics that end up in landfills can cause toxins to enter the ground and water. Collect these items for proper disposal and recycling. You can charge to pick up items from homes or large businesses looking to get rid of computers or other equipment.

E-Scooter Sales and Repairs

E-scooters have replaced cars for many people in cities. Consider a shop to sell or repair these scooters in an area where they are popular.

Green Gift Shop

If you are near an area with a lot of foot traffic, consider a store or pop-up store to sell eco-friendly items and clothing.

7 Steps for Starting Your Green Business

Once you have your idea, it’s time to turn it into a reality. Follow these steps to get your company started.

Write a Business Plan

A business plan outlines the goals of your business in a formal way. How you will start the business, acquire financing, or market your company are all things included in a business plan. 

This acts like a roadmap for your business, so dedicate the proper care and attention when creating your business plan. Many problems you may face can be addressed in a business plan, which means an easier time when you launch your new business.

Choose Your Business Structure

Your business will need to be registered as a legal entity. Below are common ways to structure your business along with the benefits of each.

Sole Proprietorship

A sole proprietorship is the most basic type of business structure. It’s essentially just you as an individual doing business as yourself. You can do business under a different name by submitting a DBA or “Doing Business As” form with your state. However, your business finances and personal finances are seen as the same by the law which means your personal assets are exposed to liability.

Partnership

This is similar to a sole proprietorship but with more owners. The owners can agree on terms internally and should have the terms of their relationship in writing.

However, this has the same pitfalls as a sole proprietorship as there is no protection from liability for the owner’s personal assets.

Limited Liability Company (LLC)

This is the most common way to structure a business for entrepreneurs. A limited liability company or LLC can be created as a sole proprietorship, a partnership, or even a corporation. However, it has the added benefit of providing limited liability protection.

This means that the member’s or owner’s personal assets are protected from lawsuits or judgments against the business.

Corporation

A corporation is the most complex business structure as it requires annual meetings and paperwork to be filed regularly to maintain its legal status. A corporation can also complicate taxes as the owners need to pay themselves as employees. However, the owners can take dividends, which are taxed differently than a salary.

However, for complex businesses, the advantages of a corporation can be worthwhile.

Obtain Licenses and Permits

Depending on what services or products your business offers, you may need specific licensing or permits. For example, an organic or sustainable beauty salon would need the same licensing and permits as a conventional beauty salon. This would apply to the staff as well if they perform services on customers.

Not all businesses require this though, so it’s important to research your business first and look into any licensing that may be required.

Open a Business Bank Account

This is a critical step to take after creating a business entity, such as an LLC. With the documentation you receive after creating an LLC, you can open a business bank account under the business name .

This keeps all your business finances separate and it also makes it easier to obtain services like merchant accounts or business insurance.

Look for Funding

Funding for a small business can be a complex topic, but a good place to start is simply at your local bank or credit union. If you have good credit and a solid business plan, you may be able to secure financing.

Next, look into SBA loans which are secured by the Small Business Administration. These loans can be made in amounts up to $5 million and often have friendly terms.

SBA loans do require extensive paperwork, but the work is worth it if you can secure funding.

Green businesses may also be eligible for certain funding programs like grants or even tax credits from state and local governments. So make sure to investigate these avenues as well.

Not all businesses need a business loan or financing to get off the ground. If you need to start small, don’t let that discourage you. Many successful businesses are started with no financing.

Business Insurance

If you’re providing a service or are selling from a retail store, you likely will need business insurance. This can vary from business to business and even state to state.

Business insurance providers will walk you through the process of what’s required in your state. Just make sure to shop around for the best premium.

Market Your Green Business

Every business needs marketing, including a green business. Marketing campaigns can cost anywhere from free to millions of dollars. A good place to start is simply on social media.

Create social media profiles for your new business on all the popular platforms. If you aren’t social media savvy, try to focus on one platform you are most comfortable with.

From there, create your accounts and start posting relevant information. These take a while to grow, so begin as soon as possible, even before you launch your business.

Next up is paid advertising. This can come in the form of buying ad space on websites or paying for clicks from various platforms. Start small with paid ads and be sure you are turning a profit before spending more money.

Don’t rush your marketing spending as it can quickly cause a loss of money that you may need for other business expenses.

Start Your Green Business Today in an Eco-Friendly Way

When you’re ready to take that next step and make your green business a reality, trust doola to help you register your business.

doola helps green businesses create an LLC or corporation in a fast and easy process, with no credit checks or background checks. Our team of experts can also assist with business checking accounts and manage your bookkeeping for you so that you can focus on running your green business.

Why start a green business?

The green industry is a fast-growing area of opportunity with many areas still untapped or unsaturated by competition. It’s a great place for creative entrepreneurs to start a successful business and also do something positive for the world around them.

What is an example of a green business?

A green business provides services or produces products in a way that is more ecologically friendly than a traditional business. A green business can also focus on sustainable and fair practices. For example, a company that produces its products with 100% recycled raw materials would be considered a green business.

What is a green business known as?

A green business is known as an eco-friendly business or one that prioritizes sustainability and ecological consciousness. A green business attempts to provide a product or service that does less harm than traditional products or services in that same industry. A green business can also be a completely new kind of business that solves a problem in a new and novel way.

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23 Green Business Ideas for Eco-Minded Entrepreneurs

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Today’s consumers are just as interested in a business’s corporate social responsibility practices as they are in its products and services. This is good news for eco-minded entrepreneurs. If you’re interested in starting a company that can make a lasting environmental impact, consider the following 23 eco-friendly business ideas. You can simultaneously make money and help save the planet.

Ensure your green business genuinely prioritizes eco-friendly practices. Consumers are wary of greenwashing tactics — that is, when a company deceptively markets itself as green.

Green business ideas for eco-minded entrepreneurs

Eco-friendly companies may include outdoor apparel brands, businesses that make reusable plastic bottles, eco-friendly cleaning companies, businesses that install solar panels, a local recycling business, and many other potential ventures. If you want to start a business with a green, eco-friendly focus, consider any of the 23 ideas below.

1. Ink refill business

Starting an ink refill business can be an environmentally conscious — and highly profitable — decision. You might question whether refilling ink cartridges truly helps the environment considering the amount of paper wasted annually. However, when people reuse old ink cartridges, less nonbiodegradable waste accumulates in landfills. Paper, printers and copiers are still necessary in the business world, but empty ink containers are not.

2. Environmental publications

graphic of a man typing on a laptop at a desk

If you love to write, start your own environmentally minded publication. Your actions can make a big difference in the world. By debunking popular myths and sharing the truth about the world we live in, you can help consumers rethink how their actions affect the planet. 

Start your environmental publication by creating a blog or email newsletter and letting it build traction.

3. Green finance

Green finance focuses on supporting local, community-level projects with an emphasis on sustainable and ecologically friendly agriculture. Green finance is also typically concerned with educational opportunities, funding for artistic endeavors and projects that support local ecology. 

Green finance is preoccupied with social profitability. While actual profit margins remain crucial, green finance aims to support beneficial projects that provide value to the local community and ecology.

SBA loans can help launch your green endeavor. For example, SBA 504 loans are intended for community projects, which creates a way to intertwine monetary and social profitability.

4. Eco-friendly retail

The online clothing brand For Days provides an interesting twist on customer loyalty programs . Customers can purchase a “take-back bag” and send the company clothes they no longer use. In doing so, they earn rewards to spend on future For Days clothing purchases. 

Besides incentivizing sustainable clothes shopping, For Days partners with other leading brands in the sustainable textiles space, such as ADIUM and CARIUMA. If you’re thinking about opening a retail store , consider partnering with a company that has values similar to you and your customers.

5. Sustainable construction materials

graphic of two colleagues talking over architectural drawings and models

You might not think of construction as sustainable, but some companies now provide recycled materials for use in projects like infrastructure repair. 

For example, Axion hopes its eco-friendly products will change how companies think about rebuilding America’s infrastructure. Its railroad ties and pilings are made from recycled plastic from consumer and industrial uses instead of nonsustainable materials like steel and concrete. Axion has worked with major partners like Long Island Rail Road to improve infrastructure safely and sustainably in the United States.

6. Organic catering

As organic food sales skyrocket, eco-friendly foodies should consider starting an organic catering company to share their passion for food and the environment. You could work out of a food truck or a catering kitchen. If you cater local events and business luncheons with organic and locally grown ingredients, free-range meats, and vegan, gluten-free and paleo meal options, you’ll appeal to nature lovers and health and wellness enthusiasts alike. 

Be sure to minimize your venture’s environmental impact by avoiding plastic and paper goods as much as possible and by composting food waste.

7. Eco-friendly beauty salon

If cosmetology is your passion, start a beauty business that’s Mother Nature-approved. Open a salon that prioritizes organic and vegan hair and beauty products. Eco-friendly hair salons can stock all-natural shampoos and conditioners, while nail salons can use environmentally friendly and vegan polishes and spa treatments.

Choosing the right business location for your salon is crucial. Conduct research to understand area demographics, potential foot traffic and nearby competitors.

8. Eco-friendly landscaping

graphic of a gardener in an apron holding a green leafed plant

Professional landscaping may make your lawn and garden look nice, but all that maintenance isn’t necessarily great for the environment. With some eco-friendly advice and know-how, you can help homeowners make their yards literally and figuratively greener. Try using drought-resistant plants and strategically placed trees for a lawn that saves water, energy, and money.

Landscaping is also a business you can start quickly if you want to get your venture up and running right away.

9. Sustainable event planning

Whether big or small, meetings and events can generate large amounts of waste and consume valuable resources. Green event planners use their expertise and event-planning skills to find eco-friendly venues, materials and accommodations. 

Whether you’re planning a corporate event or a small party, sustainable event management benefits more than just the planet. There are financial advantages — plus it generates a positive image for event organizers, vendors and stakeholders while raising awareness and inspiring change in the community.

10. Bicycle repair and refurbishing

Biking short distances instead of driving is better for the environment and your health. Like most transportation modes, bicycles occasionally need a tune-up.

You could be the expert cyclists come to when their bikes need repairing or maintenance. If you have some extra space, you could purchase inexpensive older bikes, fix them up, and sell them for a profit.

According to University of Oxford research, replacing one of your car trips per day with a bike trip can lower your carbon emissions by 67 percent. Consumers interested in ending their commute are exactly the right audience for your bicycle repair and refurbishing businesses.

11. Handmade, all-natural and organic products

Soaps, cosmetics and cleaning products are just a few of the household items that can be made using common organic materials.

Sure, anyone can find a recipe for a sugar scrub or vinegar-based cleaning solution and do it themselves. However, if you package and sell these items in sets, your customers conveniently have those all-natural products at their fingertips. Local markets and events are excellent places to sell your products, or you can sell them online . 

12. Eco-consulting

Are you an expert on green living? Start an eco-consulting service. Eco-consultants evaluate homes and offer solutions to make them more environmentally friendly. 

You could advise clients on switching their home appliances to more energy-efficient machines or implementing a recycling program. To further boost your credibility, become a certified eco-consultant.

13. Farmers market vendor

graphic of a farmers market vendor

Thanks to the organic movement, those with a green thumb have a golden opportunity to earn money by selling non-GMO, pesticide-free produce at their local farmers market. 

Selling naturally grown fruits and vegetables gives you a distinct advantage over competing growers who use conventional farming methods, including pesticides. Note that you may have to be approved or certified by your local board of health before you can begin selling.

14. Green housekeeping services

For working parents, cleaning the house can be at the bottom of the to-do list. Market yourself as the green solution to their housekeeping woes by offering services that range from light dusting to heavy-duty chores like cleaning the kitchen and bathroom using only approved all-natural and eco-friendly cleaning products. 

Charge an hourly rate or create service packages for a flat fee. Remember, your clients are giving you access to their homes. Build a trustworthy reputation with people you know first before advertising to strangers.

15. Upcycled furniture

Don’t throw out your old, broken furniture. With basic templates and access to power tools, you can break down and reassemble chairs, tables and dressers into new pieces you can paint and sell. Shelving and storage units are easy to make from wood scraps. Depending on the item, you might even be able to fully restore a unique and valuable piece of furniture.

Alternatively, you could reupholster old chairs and couches to give them new life, and start an online resale business to market and sell your products

Scour Facebook Marketplace, Craigslist and eBay to find old furniture to upcycle.

16. Green franchises

Want to run a business with a solid brand and customer base already in place? Opening a franchise might be the answer. While franchising might call to mind fast-food joints and hotel chains, there are many eco-friendly franchise businesses and franchises for every budget .

17. Secondhand store

graphic of a cashier in a clothing store

New things are typically expensive, and pretty soon, those costs add up. For example, a new book could cost $15 to $30, while a used book usually costs only a few dollars.

Opening a secondhand store saves your customers money and is better for the environment. Encourage consumers to donate their gently used items to you instead of tossing them in the trash so another person can get value from them. You can sell used clothes, coats, books, kitchen appliances and furniture. 

18. Green consulting

graphic of two people talking at a table next to a photo of a windmill

Green consulting is similar to eco-consulting but has a business focus. Whether it means cutting energy costs or reducing their carbon footprint, the pressure for businesses to make sustainability part of their business model is enormous, and that pressure is only going to grow.

Business sustainability consultant Barbara Englehart said there are numerous benefits for companies that go green, including reduced costs, risks and liabilities as well as increased employee retention and productivity.

“This is all [relatively] new in the business world, and companies need help,” Englehart explained. “They weren’t teaching sustainability in business schools five or 10 years ago.” 

19. Solar panel installation

Many green-minded homeowners have installed solar panels on their homes, and many more would like to do so. If you know how to do this, offer this service in your area.

20. Eco-friendly office cleaning

Common industrial cleaning products contain chemicals that contribute to pollution and can harm people. Starting an eco-friendly office cleaning business counters this problem. Your eco-friendly business can exclusively use nontoxic products or brands that minimize their use of single-use plastics. You can further decrease your company’s environmental impact by reusing greywater whenever possible. As a bonus, your client businesses can feel good about contracting with your services.

21. Reusable plastic bottles

Single-use plastics are indisputably a leading cause for concern among environmentalists. Offer people a way to drink water on the go without contributing to plastic pollution by launching a green industry business that designs, produces and sells reusable bottles. Explore alternative materials like metal or glass, bottles made from recycled plastic, or renewable plastics from materials like cornstarch or sawdust.

22. Environmental impact and carbon emissions lessons

Many people aren’t aware of the carbon emissions their daily activities produce and the impact those activities have on the environment. Offer classes to educate the public about how driving, using air conditioning in the summer, leaving lights on unnecessarily, flying and other activities contribute to carbon emissions. You can also teach people how to reduce the environmental impact of these activities.

23. Local eco-friendly recycling business

Chances are that your town’s department of public works oversees a public recycling program. However, many experts say that what you put in your recycling bin doesn’t always get recycled. Some municipalities don’t accept all types of recyclable containers, while others may not thoroughly sort the collected recycling. Open an eco-friendly local recycling business to guarantee your community that their goods are recycled.

Enhance your recycling business by refurbishing old technology like computers and printers.

What are the benefits of starting a green business?

Great reasons to start a green business include the following:

  • Green businesses have a built-in target audience. In 2020, 65 percent of people who responded to a Pew Research Center survey said the government wasn’t doing enough to combat climate change. Your business can target this vast consumer base and fill in the gap.
  • Green businesses attract top talent. Many of the 65 percent of people who think climate change needs to be addressed more aren’t just customers — they’re workers too. These people might inherently be more inclined to work for a green business like yours. Your green business pedigree can help you attract and retain top talent and boost employee retention efforts.
  • Green businesses have built-in marketing copy. Your eco-friendly offerings and environment-first mission statement are exactly what green shoppers are seeking. This makes writing marketing copy and devising campaigns uniquely intuitive.
  • Investors may be interested in your green business. Venture capitalists and angel investors often seek out the most innovative, unprecedented businesses to fund. Given the scope of the climate crisis, innovative green businesses may attract their attention. This is why launching a green company goes hand in hand with accessing business funding.

Given consumers’ increasing prioritization of sustainable products, services and companies, your business plan might be crystal-clear when launching an eco-friendly company.

What is a green industry business?

A green industry business uses sustainable materials to make its products. Green industry businesses aim to use as little water, energy and raw materials as possible while cutting carbon emissions, or they use these materials in renewable and eco-friendly ways. This business approach minimizes the company’s strain on natural resources and contributions to climate change. In some cases, if waste is generated, it is reused as energy or raw material.

What is a green business model?

With a traditional business model, a company outlines raw material budgets, design processes, and service delivery or product distribution methods. A green business model ensures ample revenue while prioritizing minimal environmental impact over maximum profit. It may involve the restricted use of fossil fuels while emphasizing power supplied by solar panels, as well as other approaches to drastically reduce energy consumption.

How do I start a green business?

As consumers have come to care about corporate social responsibility , a greater number of green businesses have emerged. However, the problems that climate change poses require many solutions. Thus, to start a green business, identify an eco-friendly service that no one in your market currently offers. Next, think of similarly eco-minded people who can join your team. 

As you launch your green business, change your lifestyle to reflect its values and services.

Get creative with your green business ideas 

Green business ideas can be great business ideas that merge sustainability and profit. This list is just a start. Get creative and even merge business ideas to create unique companies that provide one-of-a-kind green services. For example, you can offer recycling or donation alongside your professional organizing services. This way, once you’ve organized your clients’ homes, you ensure that whatever they’re not using anymore doesn’t go into a landfill. If you have a passion for protecting the environment, anything is possible.

Sammi Caramela contributed to this article.

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Workforce of the future: The Green World in 2030

In the green world, companies care.

This is a world where corporate responsibility isn't just a nice-to-have but it's a business imperative. 

It's characterised by a strong social conscience, a sense of environmental responsibility, a focus on diversity, human rights and a recognition that business has an impact that goes well beyond the financial.  Workers and consumers demand that organisations do right by their employees and the wider world.

Trust is the basic currency underpinning business and employment. Companies have to place their societal purpose at the heart of their commercial strategy.

“Climate change [will be the biggest impact on the way we work], we are going to have to change our priorities.” Female manager in the pharmaceutical industry (30), USA

Workforces in The Green World

Workers are attracted by the opportunity to work for an organisation they admire and whose values match their own. 

Even so, competition remains intense for the best talent and therefore financial reward is still important. The incentives package is an essential tool in attracting and retaining workers and has become increasingly inventive. Three weeks' paid leave a year to work on charity and social projects is standard practice. 

Workers are expected to reflect the values of their employer, both at work and at home through organisational pledges . Travel is tightly controlled and monitored and there are incentives for inventive and efficient use of resources. 

The HR function, renamed ‘People and Society’ embraces a broad mix of HR, marketing, corporate social responsibility and data analytics. 

In this world the idea of a job for life returns to the workplace lexicon.

The role of technology in The Green World

In this world automation and technology are essential elements to protect scarce resources and minimise environmental damage. 

Technology is used extensively to replace the need for travel, in turn driving rapid innovation in communications technology. 

But in the Green World, technology is a double edged sword: it allows organisations to meet their ethical and environmental agenda, but at what cost to humans?

The Future of Work: In their own words

Companies care

Tia, melbourne, australia.

“I started my career in solar power but I couldn’t resist when InsurCorp approached me to help set up the Relief Division of their Infra-Drone business a couple of years ago. I had a lot of approaches but everything about Infra-Drone really appealed to me, so here I am.

We use infrared technology and drones routinely as part of our insurance business.  My division adapts and deploys drones on a benevolent basis for low-income communities in the Drought Belt and around the world to monitor for flood risk and forest fires. We might be just a small part of the world’s biggest Insurance company – but we can genuinely say that this work is saving lives.

I could work from home but I like to come into the office to meet up with the team and to focus on innovating together – it’s allowed as long as you walk or cycle. The only non-negotiable of the job is that we spend an hour every day on compliance training and renewing our personal pledges. Everyone does it, including the CEO – environmental, employment and financial regulation is constantly evolving so there’s a lot to keep up with, but it’s also an important part of the company’s culture. 

We’re now officially zero-emissions and entirely energy self-sufficient across the whole InsurCorp business. Achieving this goal meant embracing automation – but the company took a far-sighted view of the people it would need around the world and supported workers to gain the right new skills. It was the right thing to do.

At the moment I’m using any spare time I have to plan this year’s special leave – we’re allowed up to two weeks’ paid leave every year to work on altruistic projects. I want to volunteer on a project that’s installing an atmospheric water plant in Central Africa but the fact that I have to fly there is proving a sticking point for our people.

I’d say that everyone here is like-minded – we’re ambitious, certainly, and constantly want to push the boundaries of technology. But the adventurous, altruistic spirit spills over to our everyday lives too.  The modern world can be harsh, but we’re fighting against that. ”

All companies, individuals and products described in our Visions of the Future and Road to 2030 sections are entirely illustrative and bear no relation to any real-life examples.

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The competing forces shaping 2030

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How to Create a Viable Green Business Plan

More businesses are concerned about making their business environmentally friendly than ever. Studies  show that 71% of global emissions are caused by only 100 specific enterprises. Fortunately, there are many practices that can mitigate some of the environmental damage, especially if you start a green business from the ground up.

Here are some ways to create a green company and  market it effectively with the help of Plan Write GO.

Build a Business Plan

You likely already have an idea of the type of business you want to start, so the next step is creating a  business plan . A business plan is a document you can show to investors to obtain funding. It is also the blueprint for your business. You will need to project costs for every aspect of the company, and you can include your green mission in your plan, too.

Typically, a business plan is from 15-20 pages and includes your structure, market analysis, company description, etc. An environmentally friendly option will often add costs to manufacturing, travel expenses, and other steps. You will want to be clear about your environmental goals so investors can get on board with your mission.

Look for Inspiration

If you’re struggling with innovative ways to be more eco-friendly, looking to those who have done it successfully is a great way to gain motivation. 

Tesla  is an excellent example of a company that started from a business plan and has grown into one of the most notable green companies in the world. Green businesses like Kering SA in France and Umicore in Belgium have some of the highest green scores in the world. And according to  statistics , these companies profit more and live longer than many others.

Market Your Products and Services

Your business plan will include how you intend to  market  your products and who your potential customers are. If being green is important to you, you can share this with your audience and attract buyers that resonate with your vision. Many  consumers are looking to support environmentally friendly businesses, so you should include this information when you advertise. You can also make your marketing plan more green by going paperless and focusing on internet advertising.

When launching a new product, you may be overwhelmed by how complicated the process is. Thankfully, market strategy templates are available that make remembering every step easier. These templates typically include your business plan, marketing strategy, and anything else relevant to your launch. You can use a premade template to save yourself the time of creating one from scratch.

Distinguish Yourself

With the rise of green products, there has been an uptick in  greenwashing . This is when companies take advantage of eco-minded customers by advertising green products without actually being environmentally friendly.

You will want to make sure customers know you’re different by being clear about your objectives and practices. One way to do this is by getting green certifications  from well-respected organizations. These seals of approval show customers that you’ve been evaluated by a third party and have passed the test.

Starting a green business can be incredibly rewarding and allows you to combine your passions with your work. With a bit of preparation, the extra processes of being environmentally friendly can run smoothly. Remember to break everything down into manageable goals to avoid getting overwhelmed. If you do this, you’ll be much more likely to follow through.

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Green Technology Business Plan

JUL.12, 2016

Green Technology Business Plan

In a world where environment sustainability has become a crucial issue, it is important to put your efforts in conserving the environment by all means. Businesses are no exception to this rule. Until now, the focus has always been on achieving the sales target and generating capital. But now, the concerns have become widespread. The extreme weather conditions, back to back disrupt in the weather of different parts of the world and natural disasters are some of the factors which cannot be ignored any longer.

Adopting environment protection strategy is no longer an option for businesses, in fact, it has become mandatory. It is difficult for businesses to exist in a kind of environment which is not environmentally stable. It affects the businesses to a greater extent. Tech businesses are adapting to such shift as well. And if you haven’t seen a tech startup incorporating environment protection practices, there is an opportunity for you to build your venture around this idea.

Even though many of the tech ventures have this image of making such sophisticated products but the reality is that it comes at the cost of environmental degradation. Generally, a tech based venture involves the usage of different metals i.e. lead, mercury etc. Such kind of elements are used in the production of high tech items. The consequences then become quite widespread. The e-waste, produced as a result of these high tech products, create a dangerous environment for the community.

Businesses based on greentech are inclined towards saving more costs thereby resulting in more profitability. Even the market differentiation of greentech businesses does not seem like a problem – if they are keen on protecting the environment. Companies are now searching for the ways to convert their e-waste generated from the production of tech products into reusable form. This is where our tech experts at OGS Capital can help you come up with the ideas. You can also establish your tech venture around the idea of utilizing e-waste.

OGS Capital is determined to provide you with thorough greentech consulting business plans and samples in case you do not know from where to begin with your idea. We believe that incorporating sustainable environment practices within a venture is a key to grow it. We are passionate about green technology business plan which cannot only bring you profitability but also have a knack to serve the community.

Before starting your own tech based company, you need to evaluate the ways in which you can incorporate environment safety practices. There must be alternative sources of raw materials involved in making tech stuff. Our tech expert at OGS Capital will help you figure out the substitute raw materials which could be utilized in making the kind of tech products which are not harmful in the longer run.

Why greentech Businesses?

With the growing industrialization, the manufacturing process encompasses more resources and raw materials for making tech products. The climate change is becoming more obvious and alarming than before. The production of these tech occurs at a huge scale thereby producing a good amount of waste, so it is important to engulf the kind of practices in your greentech business which ensures the environment sustainability.

And when it specifically comes to greentech businesses, its significance increases fourfold. The ‘sustainability’ and ‘environment’ factor goes together in Green Technology businesses. The e-waste has increased manifolds over the past few years, which is why it is important to utilize the venture solutions to cater the growing environmental challenges. Such kinds of ventures help us make the sense of environmental issues and often provide us with solutions as well.

You may have several reservations about starting a Greentech based venture. You may even have chalked down a sample and you are anticipating to the fullest before stepping into this green technology business plan . Let us help you with the green building business plan with the following points:

Potential threats to the environment

Keeping in view the increase in pollution level and scarcity of natural resources, it has become very crucial to cater such issues on the alarming basis. It is no longer a matter of least concern. Individuals, corporations, and authorities in public administration must take these environmental threats seriously. The Green agenda must be on the top of the priority list for every stakeholder.

A booming industry

The Greentech industry has seen a huge revolution over the last decade. It is expected to grow at a tremendous level in the upcoming years. The net worth of this particular industry is in trillion dollars, which depicts the potential for emerging ecopreneurs. This is a peak time for people interested in Greentech business to start right away. They can also begin with green technology business plan , as most of the newbies are not that aware of the concept. Coming up with green consulting business plan is a skill not anyone possess, hence, you can never go wrong with Green technology consulting services.

Great way to build customer loyalty

By going green, you earn a goodwill for your startup beforehand. Practicing green policies inside your venture is a great way to take your customer into confidence and earn their trust. This is the kind of leverage that is not provided by any other venture in a short period of time. Hence, there exist the opportunity to build a great brand image and customer loyalty by having a greentech business. Our green technology business plan sample for your greentech initiative will include various strategies to help you emotionally connect with the customers.

A way forward

The carbon-based products are being replaced at a very rapid pace as the damage they are causing to the world’s environment is immense. In a scenario like this, Greentech businesses are a way forward. They are great ways to reduce the cost of your operations. Just turn the focus of your research towards exploring new dimensions of the green products and practices, the market segments are waiting to be explored.

How can we help Greentech businesses? / Our approach to Green Technology business Plan

The complete guide to building the greentech business plan sample starts from an effective research of the particular niche. We will help you figure out how can you bring the factor of environment sustainability in your products and services. Our sample green technology business plan , formulated by greentech business experts, will cover each and every important aspect.

Building credible image of your greentech business sample through campaigns

We will be suggesting different campaigns to help you build the integrity of your green technology business plan . These campaigns will have an effective message for your target audience. You would be able to convey your message to the thousands of people. We will also be suggesting ideas for creating engaging messages which can resonate with the feelings of people. This will create an emotional bonding of the people with your greentech business. These campaigns can be run on various platforms i.e. Social media, print media or other community platforms. However, the cost-effective way would be to use Social Media channels. This would result in generating leads for your greentech business, observing the size of target audience present on Social Media platforms.

Making greentech business environment friendly

If we want to go on with availing facilities to make our lives easier, we will have to do it a bit wisely otherwise, we’d be run out of resources. A Greentech business – as the name itself suggests – relies heavily on the technology. The network of devices and servers help us get the job done efficiently. But, the resources that are utilized to come up with such kind of devices vary in terms of their manufacturing and impact on the environment. The production encompassing raw materials, chemicals and various other synthetic components for a takes place frequently. But where does the waste go? What is the criteria to discard the materials at a huge scale? This is a very crucial aspect of every greentech business plan sample.

Hence, the products that are being produced as a result of scaling such devices involve a lot of energy consumption. It takes a lot of effort to cool down the data centers – or even – the simple server rooms of the businesses. This makes the environment friendly practices even more compulsory. Green Technology based businesses can easily capitalize on such factors and advocate the strategies which are about conserving the environment. Our Green Technology consultants can easily help the ecopreneurs in suggesting several ways, through which they can make the implementation of such practices easy. The greentech business sample will have a complete guide about how can utilize the waste.

Crafting an effective pitch

An effective pitch for any kind of venture is very important. It is a short summary which contains all the important information about your green technology business plan . A Green Technology based business has a leverage to create their pitch which can earn them a credible image from the target audience. When people realize that your venture is just not all about profit and instead, it cares about our environment, they will automatically have a good perception about it. This is why crafting an effective pitch is extremely crucial for a Green Technology business. Our Greentech consultants will ensure to utilize this aspect to the fullest and come up with an engaging pitch for your Green Technology business. The pitch – crafted by our green tech consultants – will help build a good image in your target market. It will also help you attract investors.

Coming up with effective operational strategy

No venture can thrive without a thorough and clear operational strategy. If you’re ambiguous about how to operationalize vision of your green technology business plan , there is no way you can get something out of mere plans. Our green tech business consultants at OGS Capital assist you in devising result oriented operational strategies which make the implementation effective. Those strategies are market competitive, cost effective, target oriented and will help you stand out in the tech industry.

Green technology based products ideas and practices

With the rise in concern for environmental degradation, the need for Green Technology based business is in high demand. This gives an ecopreneur a chance to create such products or Green Technology based business ideas which can cater this concern at all levels. Putting your planet – before your personal interests – is the need of the hour. It would be best if one can combat their entrepreneurial spirit with environment protection.

Our Green Technology consultants have brainstormed well to help you with the ideas and products on which you can work on. The research is one of its kind and comprises of Green Technology based product ideas. Building your products around such ideas which just exist for the sake of making money, but to also add value to our environment, is the key to exceling this niche. You can always adopt practices like using renewable electricity, cutting the waste of packaging, enhanced use of recycled plastics, abandoning the use of plastic bags and paper cups etc. The practices recommended by our greentech consultants are becoming an integral part of the green tech business. They are investing billions of dollars in the research initiatives to get to know about the ways they can save this planet.

Some of these ideas are disruptive and others are transformational i.e. turning your existing business into green. You can adopt some of the transformational ideas and still get to maintain your existing business, it does not always have to be something new. All you have to do is just to brainstorm about the ways which can go along with your current green technology business plan . Our Greentech consultant is taking care of this for you as well. They possess the complete knowledge and capabilities to assess your existing business practices. They merge them with green technology ideas to make it more sustainable.

Help with financial aspects

Having an idea based on the Green Technology niche seems fascinating, given that this sector has a lot of potential for financial gains. But unless you are clear about the financial strategy of the business, it will lead you nowhere. A good financial strategy helps you gain the confidence of the potential investors because, they are interested in getting an outcome from the business.

Our Greentech consultant, provide the best possible financial strategy sample for getting started. The beginning phase of a business seems quite tough and handling your capital requires a strategy so you can be careful about the resources. You cannot risk all the money in the initial phase of your greentech business, so if you are just getting started, it would be wiser to have your financial strategy figured out. They dig through all the statistics and information about the total expenditure and provide you with the cost-revenue analysis. This helps you determine the direction in which you want your Green Technology business to run so it can be a source of revenue stream.

Strategic Audit of the greentech Industry

Strategic audit of the entire industry before starting any business is quite important. Our expert at OGS Capital provides you with a detailed value chain analysis, competence analysis, SWOT analysis, Portfolio and PEST analysis of your Green Technology business. All of these comes under the umbrella of a complete strategic audit of a business. They help you determine the benchmark of the business at a beginning level. It would prove to be very beneficial in evaluating the current situation, determining the business strength and figuring out strategies for the future of a greentech business. A good strategic audit helps you position your green technology business plan in the market.

Success in the field of greentech is guaranteed if you work in a right direction and in the right manner. This is where we come in. Get in touch with us for green tech consulting, so we can help you craft the right kind of green technology business plan.

Download Green Technology Consulting Services Sample in pdf

Professional OGS capital writers specialized also in themes such as diamond cutting and polishing business plan , clothing line business plan , brewery startup business plan , biodiesel business plan , scrap metal business plan , recycling business plan and many others.

OGSCapital’s team has assisted thousands of entrepreneurs with top-rate business plan development, consultancy and analysis. They’ve helped thousands of SME owners secure more than $1.5 billion in funding, and they can do the same for you.

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green world business plan

Sample Green and Eco-friendly Business Plan

Green business plan sample.

A green business has to do with the environment; a business that is environmentally friendly and useful.

In writing a green business plan , not knowing how to go about it or not having a sample to use as a guide can be a waste of time and effort. Therefore, this post will be focusing on a typical green and eco-friendly business and the business plan of the business will be written for people to use as a sample and guide in writing theirs.

Having a business plan is very important for businesses that wants to make impact in its industry. Therefore, you as a business owner should be ready to spend time and resources on writing a business plan.

Since, it is expected that you already have knowledge of the business you are going into then I will start directly with the business plan.

  • HAZARDOUS WASTE DISPOSAL BUSINESS PLAN
  • E-WASTE RECYCLING BUSINESS PLAN
  • WASTE MANAGEMENT BUSINESS PLAN
  • SOLAR FARM BUSINESS PLAN
  • SOLAR PANEL BUSINESS BUSINESS PLAN

BUSINESS TYPE: Tyre Recycling Plant BUSINESS NAME: Caddy and Paddy Tyre Recycling

TABLE OF CONTENT

  • Business Overview

Executive Summary

Vision Statement

Mission Statement

Business Structure

Target Market

Tyre recycling business includes companies that deal with recycling tyres and rubbers which has become an integral and important part of the society due to its social and economic impact on the society and has also the role it plays in preserving the future of our world. Not recycling used tyres for use as raw materials in making new tyres or other products can constitute nuisance in the society hence the importance of this business.

Basically, this business has to do with collecting, separating, sorting, and processing used tyres to make raw materials which are sold to make money.

The tyre recycling business also include transfer stations where waste are transferred from local vehicles to long distance automobiles that transfer the tyres to the facilities where they are recycled.

Several studies have shown that the United States generate lots of income from recycling used tyres every year and this constitutes the largest source of rubber waste in the country.

This is a type of business that will continue to benefit from the growing interest of the public in the recycling industry and also the demand for this industry will be driven by business creation, privatization and population growth. The business will continue to grow in all parts of the world even though it will be higher in some countries than others.

Caddy and Paddy Tyre Recycling is a standardized and licensed recycling company based in the United States which deals majorly with recycling used tyres and rubber waste. A well located and positioned facility in the outskirts of Atlanta, Georgia has been secured for this business.

Caddy and Paddy Tyre Recycling is in this business to contribute its quota in saving the world and also to compete highly with other recycling companies in the whole of United States and not only in Georgia. Our goal is to become the best tyre recycling company in the United States.

The business might engage in recycling other used materials apart from used tyres in the nearest future but for now will be focusing on recycling used tyres. The company has secured all permits and licenses required to be a waste collection company in the United States.

The company is determined to obey all rules and regulations guiding the tyre recycling industry, hire well trained and competent drivers with their commercial drivers’ license to drive the waste trucks.

In this business, the interest of the clients will always come first and everything the company does will be guided by professional values and ethics.

Caddy and Paddy Tyre Recycling is a private business owned by Engineer Ben Williams and his friend and business partner, Sean Lee. and his immediate family.

The vision of Caddy and Paddy Tyre Recycling is to become a tyre recycling company that is one of the preferred choices of customers whether individuals or organizations when demanding for one in Atlanta, Georgia and in the whole of the United States.

Caddy and Paddy Tyre Recycling’s mission is to provide the best and most excellent service to our clients and also to ensure competence from our employees and the company as a whole. Also, Caddy and Paddy Tyre Recycling is passionate in pursuing excellence and financial success and also to make a positive mark.

Business Services

This company is mainly established with the aim of making profits in the tyre recycling industry. The company has put in place a competent and reliable team to compete favorably with the leading tyre recycling business in the United States. Below are the services that will be offered by Caddy and Paddy Tyre Recycling:

  • Operating facilities for separating and sorting used and condemned tires for recycling
  • Operating facilities for separating and sorting rubber waste for recycling
  • Sale of raw materials to shoe manufacturers, artists, builders and parks et al
  • Sale of recycled and refurbished used tires and other related products

The company’s business structure will be designed in a way that both full time and part time employees will be accommodated. The business will be started with several full time employees including waste truck drivers, office staff, professional cleaners and so on.

We will ensure that competent, qualified, hardworking, customer centric and creative employees are hired that will help build a successful business that will benefit all stakeholders. Also, we will ensure that our employees are chosen from a group of certified, professional and highly experienced recycling engineers in and around Georgia.

All employees will be taken through trainings that will make them meet the expectations of the business and also contribute toward its success.

The business structure of the company is as follows:

  • Chief Executive Officer
  • Head, Technical Services
  • Human Resources and Admin Manager
  • Sales and Marketing Executive
  • Plant Engineers / Technicians and Operators
  • Client Service Executive
  • Truck Drivers

Research has shown that there are a wide range of people and organizations that cannot dispose or recycle their tyres without hiring the services of tyre recycling companies like this. Therefore, we will ensure that we develop strong and strategic pacts with household, corporate organizations, etc. so we can have several options to generate income for the company.

Therefore, the company will mainly focus on the following as their target market:

  • Tires manufacturing companies
  • Automobile manufacturing companies
  • Shoes and flip flops manufacturers
  • Roofing and construction companies
  • Chemical manufacturing companies
  • Manufacturers and Distributors
  • Entrepreneurs and Start – Ups who would need recycled raw materials from us.

Looking at the business plan written above and using it as a sample in writing a business plan for your green and eco-friendly business will give you a very good outcome.

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Governments want to make green good for business locally, without stalling economic progress globally

BKV Corp Chief Executive Officer Chris Kalnin speaks to employees at the inauguration of its commercial carbon capture and sequestration project, in Bridgeport, Texas, U.S., December 7, 2023. REUTERS/Arathy Somasekhar

Inaugurating a carbon capture project in Texas; a domestic clean tech investment drive in the US has spurred similar efforts around the world. Image:  REUTERS/Arathy Somasekhar

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Stay up to date:, trade and investment.

  • The US Inflation Reduction Act has prompted related clean-energy initiatives elsewhere.
  • These follow suit by zeroing in on domestic resources and production.
  • But policies aiming for an extra push to hit climate goals at home risk hardening global economic divides.

“ I wish I hadn't called it that .”

Familiar with the US Inflation Reduction Act? If not, that’s okay, because neither are most people in the US . President Joe Biden may regret the confusing name attached to legislation meant to modernize the country’s economy in step with climate change, but he’s happy to offer it up for scrutiny. Seriously, he’d really like you to take a look.

That’s because the numbers suggest that, in some ways more than others , it’s working. Domestic investment in making clean energy technology increased by 153% last year. Electric car sales boomed . And the country has doubled its carbon emissions-reduction momentum.

The CEO of America’s biggest bank has heard of the IRA. His annual letter to shareholders has been described as a playbook for pugnacious neoliberalism , but this year it praised a programme many see as a harbinger of the end of the neoliberal era; the IRA is a “good” example of using government resources to fund industry, he wrote.

Companies around the world have also heard of it. Within a year after the legislation’s approval in late 2022, plans for 91 new battery manufacturing sites, 65 new or expanded electric car factories, and 84 new wind and solar plants were announced nationwide.

An electric battery company in Norway, Freyr, was so intrigued that it pulled off a painful about-face to focus on a new factory in a small American town in Georgia – a location near major highways that’s long made it a distribution hub for discount retailers, though it’s probably recognizable to most people as a backdrop for episodes of “The Walking Dead.”

Other governments are equally aware. The IRA has functioned a bit like a starting gun for like-minded efforts in Canada , the EU , Japan and Australia .

The IRA has generated a wave of electric-vehicle projects in North America.

It’s not hard to see why naming the IRA, which is expected to provide $1.2 trillion in government incentives by the end of 2032 (tax credits galore ), wasn’t a straightforward task. Everyone hates higher prices. It’s not clear that they’re as worked up about higher global temperatures. In the US, anyway.

In Canada, climate concern is a bit more widespread . Like other countries, it was also initially wary of the aggressively self-serving IRA, which requires part of what participating companies use and make to originate in the US. But it has since formulated its own response.

According to an IMF working paper , Canada has now added similar tax incentives on top of an existing carbon-pricing scheme, putting it on track to cut emissions by 29% and make 89% of its electricity green by 2030. And there are some direct synergies; the tight-knit US trade partner qualifies as a “domestic” source of critical minerals needed to build electric cars using IRA credits.

Europe’s initial take on the IRA: this is really going to hurt for a while, but future generations may thank us. A trans-Atlantic strategy shift like the Norwegian battery firm’s was exactly the kind of thing policy-makers there worried about.

EU members already had subsidies for renewables that by some measures outstrip what the IRA offers. Still, the bloc’s response to the US law has come in the form of added funding for everything from its own sustainable infrastructure to green steel startups .

The EU may not deploy tax credits like the IRA, but directionally it’s headed to a similar place – one with more homegrown (or close to it) green manufacturing, as opposed to buying from countries that aren't necessarily traditional geopolitical allies .

Yet, free trade is core to the EU’s identity. The place has been described as a neoliberal dream come true , after all.

What’s ‘neo’ about falling short on climate goals?

Expecting the EU to abruptly shed its neoliberal ethos might be a bit like anticipating a country album from Beyoncé. A jarring new direction that makes some people queasy , while a lot of others will be more than happy with the end result.

To be sure, defining exactly what neoliberalism is can be a bit difficult .

If the idea is that the freer markets are from political interference, the more prosperous everyone will be, then the neoliberal era arguably peaked somewhere after end of Cold War. Probably around the time China joined the World Trade Organization in 2001 .

And if its time is now up, there may be many reasons to miss it. That’s because it’s received credit for helping millions of people in less-affluent places escape poverty and relative scarcity. Break the system, no matter how good your climate intentions, and these people may start falling further behind again.

The only thing experts can seem to agree on about the thing replacing neoliberalism is that it’s still struggling to be born . Ultimately, it may be just as nuanced. Never just business versus government, all Mao or Milton Friedman . Because in reality, some degree of partnership between the public and private sectors will always be necessary – especially when a crisis is brewing.

green world business plan

When it comes to the climate crisis now scorching sea life and sending global temperatures to new heights , critics might point out that relatively uninhibited trade doesn't seem to have translated into reassuring progress.

In Australia, just one of many recipients of an “ insufficient ” climate action rating, when an iron-ore giant now branching out into clean energy unveiled plans last year for a $35 million battery factory, it was in the US state of Michigan – in direct response to the IRA.

Last week, Australia announced its own version of the IRA . “Strategic competition is a fact of life,” the prime minister said.

Another fact of life : the prodigious output of China’s own, inwardly focused clean energy industry. Its surplus of subsidized solar panels and electric cars has played no small part in the creation of the IRA and corresponding efforts among US allies, forming a sort of alternative supply chain .

Earlier this week, the IMF warned about potentially grave, cost-of-living consequences of forming such politically aligned trade blocs.

But IRA proponents argue that dwelling too much on the need for global integration risks missing the bigger picture.

Being aggressively self-serving, at least in ways that spread climate benefits, might be what we need right now.

More reading on greening and government initiative

For more context, here are links to further reading from the World Economic Forum's Strategic Intelligence platform :

  • It hasn’t all been smooth sailing from Norway to Georgia for that electric battery company. In this interview with its CEO, he describes how the IRA upended its business plan and abruptly shifted its focus to the US. ( Inside Climate News )
  • “The EU’s prosperity depends on worldwide trade.” If trade in green technology and other goods becomes significantly less worldwide due to geopolitical considerations, that could have serious repercussions, according to this analysis. ( Carnegie Endowment for International Peace )
  • This study found that the Industrial Revolution actually started in Britain about a century earlier than is generally believed. One of the main reasons? The country had relatively few trade restrictions. ( Science Daily )
  • A recently launched green-tech subsidies probe is evidence of the EU attempting to adjust to a “new world” focused on economic security, according to this piece. ( The Diplomat )
  • In January, Chinese electric car maker BYD outsold Tesla in Australia for the first time, according to this piece – a potential geopolitical wrinkle just as government incentives start to boost adoption. ( Australian Institute of International Affairs )
  • Your bourbon’s carbon footprint may be shrinking. Recent recipients of $6 billion in US government clean energy funding include a Kentucky distillery, according to this report. ( GreenBiz )
  • When government subsidies for clean energy and water scarcity collide – a company in Texas wants to supply a fuel alternative to oil and gas, according to this piece, but it has to tap into a dwindling local water supply to do it. ( Inside Climate News )

On the Strategic Intelligence platform, you can find feeds of expert analysis related to Trade , Governance , Climate Change and hundreds of additional topics. You’ll need to register to view.

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License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

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To Create a Greener Future, the West Can’t Ignore China

  • Shameen Prashantham
  • Lola Woetzel

green world business plan

Fighting climate change is a promising area for engagement between Western companies and China. However, geopolitical strains, the disruption of business relationships by the Covid pandemic, and domestic Chinese policies all make engagement complex. In this article the authors examine the complexities of the current climate-change opportunities in China and present practical strategies for businesses ready to enter the market.

There is a twofold opportunity, they explain. First, China offers a vast market for Western-developed solutions. The Chinese government has set ambitious targets, aiming to achieve carbon neutrality by 2060. That goal creates significant opportunities for firms with cutting-edge technologies. Second, businesses have an opportunity to integrate China’s own advances in climate-related technology.

The authors go on to outline four strategies, all of which involve partnering in some way. They advise companies to make sustainability a global theme, to join or form coalitions to find safe spaces for technological development, to forge partnerships with local companies for market access, and to insource technology.

Four ways for companies to safely engage

Idea in Brief

The opportunity.

Fighting climate change is a promising area for engagement between Western companies and China. After all, China is responsible for 27% of global emissions and offers a vast market for green tech.

The Challenge

Geopolitical strains, the disruption of business relationships by the Covid pandemic, and domestic Chinese policies all make engagement complex.

The Solution

To engage effectively with China, consider forming coalitions for safe technological development, forging local partnerships for market access, and insourcing innovative technology.

In the current geopolitical landscape, marked by escalating tensions between Western nations and China, it’s a challenge to identify potential areas of collaboration between East and West that would yield mutual benefits and foster trust. But fighting climate change is one. Climate change is a problem that affects every nation, and it cannot be solved without China’s involvement because the country contributes 27% of global emissions, according to the World Bank.

  • Shameen Prashantham is a professor of international business and strategy at China Europe International Business School and the author of Gorillas Can Dance (Wiley, 2021).
  • Lola Woetzel is a senior partner emerita of McKinsey & Company in Shanghai, and until recently, was the global leader of its Cities Special Initiative and the Asia-based director of the McKinsey Global Institute.

Partner Center

From a high school essay to university term paper or even a PHD thesis

Rebecca Geach

Finished Papers

green world business plan

China's plan for reinvigorating its economy has the West worried, but others still see an opportunity

  • This post originally appeared in the Insider Today newsletter.
  • You can sign up for Business Insider's daily newsletter here .

Insider Today

Happy total solar eclipse day! More than 30 million people can see the moon obscure the sun today. Here's a guide for where you need to be and when to get the best view.

In today's big story, we're looking at how China's plan for reinvigorating its economy has the rest of the world worried .

What's on deck:

Markets: Nvidia's skyrocketing stock price might finally slow down .

Tech: A wrongful death lawsuit against Tesla starts today.

Business: Sneaky new credit card fees could be on the horizon.

But first, it's a building bonanza.

If this was forwarded to you, sign up here.

The big story

The return of china shock.

If you build it, they will come. Even if they don't, just keep building.

That's the West's major concern with China these days. The country is overproducing goods and then flooding global markets with them to save its struggling economy, writes Business Insider's Huileng Tan.

We've seen this strategy before in China. Decades ago, as the country opened up its economy, China underwent rapid industrialization, allowing it to produce cheap goods.

The US and other countries cheered China on, profiting handsomely along the way from the lower production costs. But the result was US communities that relied on manufacturing jobs were decimated.

The process was known as "China shock," and the rest of the world isn't interested in a sequel , Huileng writes.

China shock 2.0 isn't a total repeat. This time, China's focused on green energy, which involves making electric vehicles, solar cells, and lithium-ion batteries. And it's also building out a supply chain to get the materials to produce the stuff, which is also concerning for the West.

US Treasury Secretary Janet Yellen has already warned China shock 2.0 could destabilize the global economy, specifically impacting green-energy exports . And a New York Federal Reserve report suggests this could ultimately lead to higher inflation in the US .

Even as it faces global pressure, some believe China remains a good investment.

Most notable among them is Ray Dalio. The billionaire founder of Bridgewater Associates has been a long time investor in the country, and that's not going to change anytime soon. He acknowledged China faces some major challenges , describing it as a "100-year storm." But he's not looking to exit . Instead, he believes it's the best time to invest in China, citing the adage "the time to buy is when there is blood in the streets."

Dalio's not alone in his optimism. Economist Nicholas R. Lardy believes experts are misreading the data . He pointed to China's GDP growth outpacing the US when the numbers are adjusted for disinflation and inflation in each country, respectively.

Regardless of which side you fall on, it's a topic that'll remain relevant for the foreseeable future.

US-China relations will be a focus in the lead-up to the presidential election. And while former President Donald Trump has been more vocal about ramping up the trade war, both candidates are expected to address it head-on , if elected.

Your Monday headline catchup

A quick recap of the top news from over the weekend:

The US-China relationship appears to be warming up, but Russia could still be a sticking point .

Coach Dawn Staley and the Gamecocks won the NCAA women's championship. Here's how much she makes .

'All That' star Giovonnie Samuels says Dan Schneider reached out to her before 'Quiet on Set' aired and asked her to publicly support him .

Russia is losing close to 1,000 soldiers in Ukraine every day, but it won't stop relying on mass assaults to brute-force frontline advances: UK intelligence .

Mark Zuckerberg owns over 1,200 acres of land. Here's a look at his properties across the US, from a Hawaiian doomsday bunker to Lake Tahoe estates .

Meet Sam Altman's family .

Saudi Arabia's futuristic $500 billion Neom megacity just got a lot smaller ... for now, report says .

3 things in markets

Nvidia's hot streak could be ending. Some Wall Street analysts are cooling on the stock market's golden child, suggesting it can't keep its rapid pace of growth . There's also the risk companies start building chips to run specific AI workloads in-house.

The nightmare of no rate cuts this year could become a reality. What once seemed like an impossibility — interest rates remaining untouched in 2024 — could now be where things are headed, according to some experts .

Angus Deaton is having a rethink. The Nobel Prize-winning economist told BI that his views on unions, free trade, and immigration have shifted in recent years. "I think the country is in sort of a bad way, in spite of all this hoopla that's going on about how well we're doing economically. And so I'm an economist now sort of thinking, 'well, how should I change my practice of economics a little bit?'" he said.

3 things in tech

Tesla is going on trial over a deadly 2018 Autopilot crash. Apple engineer Walter Huang died when his Tesla Model X SUV crashed into a concrete barrier while in Autopilot mode. The EV maker is heading to court today over a wrongful death lawsuit filed by his family .

Apple is falling far from the tree. It's been a rough 2024 for the tech giant , with a slump in iPhone sales, stalled EV plans, and a massive antitrust lawsuit. Worst yet: Last week, the company laid off 600 staffers.

Wall Street has a new tech obsession. Analysts can't stop talking about Salesforce competitor Hubspot . Its stock surged last week after Reuters reported that Google parent Alphabet had discussed making an offer to buy the $34 billion software company.

3 things in business

The biggest secret at work: your office crush. Throughout the years, workplace crushes have remained remarkably common. It makes sense — we spend half of our waking lives at work. These crushes have the power to bring out our best work and even make the office experience fun. But they can also make it a soul-crushing one .

Get ready for sneaky new credit card fees. While some fees may soon be getting smaller, it just means that companies are about to find new ways to get money out of you .

Younger generations are splashing the cash on groceries. McKinsey polled 4,000 people and found that groceries are the hottest new splurge category for millennials and Gen Zers . That's been good news for companies like the flashy canned water brand Liquid Death, recently valued at $1.4 billion.

In other news

There is no loneliness epidemic .

Apollo's Leon Black says he is so wealthy he didn't know he'd paid Jeffrey Epstein $158 million .

Google's executive productivity advisor says these 2 common 'pitfalls' are making people less efficient at work .

Instagram makes more ad money than YouTube, new court filings reveal .

If you've been laid off or fired, here's what you should tell employers in your next job interview .

Job growth surged far more than expected in March .

Meet the world's richest self-made woman — a shipping magnate worth $33 billion .

What's happening today

The first total solar eclipse will be visible to the US since 2017.

The NCAA's men's basketball championship game will take place in Glendale, Ariz.

The Insider Today team: Dan DeFrancesco , deputy editor and anchor, in New York. Jordan Parker Erb , editor, in New York. Hallam Bullock , editor, in London. George Glover , reporter, in London. Grace Lett , associate editor, in Chicago.

Watch: Why China launched military drills during Nancy Pelosi's visit to Taiwan

green world business plan

  • Main content

Carbon price fall deprives Europe's green funds of billions

  • Medium Text

A drone view of power-generating windmill turbines in La Regrippiere

  • Around 4.1 bln euros in potential EU carbon revenues lost
  • Green start-ups worry price dip slims financing chances
  • Carbon prices forecast to remain relatively low in 2024

UNCERTAINTY

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Reporting by Kate Abnett, Susanna Twidale, Riham Alkousaa; Editing by Alexander Smith

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Thomson Reuters

Kate Abnett covers EU climate and energy policy in Brussels, reporting on Europe’s green transition and how climate change is affecting people and ecosystems across the EU. Other areas of coverage include international climate diplomacy. Before joining Reuters, Kate covered emissions and energy markets for Argus Media in London. She is part of the teams whose reporting on Europe’s energy crisis won two Reuters journalist of the year awards in 2022.

green world business plan

Riham Alkousaa is the energy and climate change correspondent for Reuters in Germany, covering Europe’s biggest economy's green transition and Europe’s energy crisis. Alkousaa is a Columbia University Journalism School graduate and has 10 years of experience as a journalist covering Europe’s refugee crisis and the Syrian civil war for publications such Der Spiegel Magazine, USA Today and the Washington Times. Alkousaa was on two teams that won Reuters Journalist of the year awards in 2022 for her coverage of Europe’s energy crisis and the Ukraine war. She has also won the Foreign Press Association Award in 2017 in New York and the White House Correspondent Association Scholarship that year.

A drone view shows the Uaha village on the Jumina indigenous land, near the mouth of the Amazon in Oiapoque

The world's leading group of asset owners committed to turning their investment portfolios green said on Thursday it had set guidance for private assets for the first time and would also look to improve assessment of emissions tied to sovereign debt holdings.

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Death toll from Italian hydroelectric plant explosion rises to 7 as the last bodies are recovered

Fire fighters work at the scene of an explosion that occurred at the Enel Green Power hydroelectric plant at the Suviana Dam, some 70 kilometres southwest of Bologna, Italy, Wednesday, April 10, 2024. Search and rescue operations were still under way on Wednesday morning at a decades-old hydroelectric plant close to the northern Italian city of Bologna, after a devastating blast a day before killed at least three workers, injured five, and left four missing. Wednesday, April 10, 2024. (AP Photo/Antonio Calanni)

Fire fighters work at the scene of an explosion that occurred at the Enel Green Power hydroelectric plant at the Suviana Dam, some 70 kilometres southwest of Bologna, Italy, Wednesday, April 10, 2024. Search and rescue operations were still under way on Wednesday morning at a decades-old hydroelectric plant close to the northern Italian city of Bologna, after a devastating blast a day before killed at least three workers, injured five, and left four missing. Wednesday, April 10, 2024. (AP Photo/Antonio Calanni)

This picture made available by the Italian Fire Brigades on Tuesday, April 9, 2024, shows the rescue operations inside the Enel Green Power hydroelectric plant of the Suviana Dam, some 70 kilometers southwest of Bologna, northern Italy on Tuesday, April 9, 2024. Search and rescue operations were still underway on Wednesday, April 10, 2024, at a decades-old hydroelectric plant after a devastating blast a day before killed at least three workers, injured five, and left four missing. (Italian Fire Brigades via AP, HO)

Fire fighters work at the scene of an explosion that occurred at the Enel Green Power hydroelectric plant at the Suviana Dam, some 70 kilometres southwest of Bologna, Italy, Wednesday , April 10, 2024. Search and rescue operations were still under way on Wednesday morning at a decades-old hydroelectric plant close to the northern Italian city of Bologna, after a devastating blast a day before killed at least three workers, injured five, and left four missing. Wednesday, April 10, 2024. (AP Photo/Antonio Calanni)

FILE - A view of the Enel Green Power hydroelectric plant at the Suviana Dam, some 70 kilometers southwest of Bologna, Italy, April 10, 2024. Divers have discovered two more bodies of workers who died in an explosion that collapsed and flooded several levels of an underground hydroelectric plant earlier this week, bringing to five the number of confirmed dead, officials said Thursday. (AP Photo/Antonio Calanni, File)

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ROME (AP) — Divers in northern Italy have recovered the last two bodies of workers killed by an explosion that collapsed and flooded several levels of an underground hydroelectric plant, bringing to seven the number of confirmed dead, officials said Friday.

The explosion Tuesday at the Enel Green Power plant, in northern Bologna province, occurred at depth of some 40 meters (130 feet) below water level.

Four other workers who were wounded in the massive blast are hospitalized and two of them are still in serious condition, officials said.

Divers who worked for more than two days to recover the victims’ bodies likened the scene to an underwater earthquake-struck building.

The blast at Enel Green Power’s Bargi plant happened during work to increase the plant’s efficiency, the company said in a statement. A fire broke out when a turbine exploded on the eighth floor below the surface, flooding the floor below. The cause was still unknown.

Local prosecutors have opened a probe into the accident.

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Seizing green business opportunities

August 28, 2022 For business leaders, building green businesses is a priority—and a major opportunity. Ninety-two percent of executives say that they will build new businesses that address sustainability to some extent, and 42 percent expect to put sustainability at the center of their new businesses’ value proposition, according to Leap by McKinsey’s state of new-business building report . So what does green businesses mean for spending, output, and job creation for eight industries including steel, power, food & agriculture, and forestry? Check out a series of interactive timelines  by senior partners Hamid Samandari  and Humayun Tai , and their coauthors, and explore what a net-zero transition could look like for each industry.

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