Businesses 'can grow and be green'
Published Date: 10/07/2012 11:39:17
Businesses do not need to choose between going green or attempting to grow.
This is according to John Cridland, director-general of the Confederation of British Industry (CBI), who added if the correct policies are put in place then "green business will be a major pillar of our future growth".
It means any firm with business liability insurance has the chance to be a global front-runner in low carbon products and services.
Mr Cridland was speaking after a report by the CBI discovered an additional £20 billion could be added to gross domestic product by 2015 if the right initiatives are introduced.
He observed around one-third of growth in 2011 was in green industries, which highlights the benefits they can bring.
The expert wants to see the government get behind environmentally-friendly measures, rather than giving mixed signals as it currently is.
"We must cut green tape and pay attention to competitiveness," Mr Cridland remarked.
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