According to the Nielsen study, 66% of customers are willing to pay more for environmentally friendly products. So, if you’ve ever dreamed of starting a green business, now is the time to do it.
In this article, you will find several sustainable business ideas to inspire you.
Offer sustainable consulting services
You don’t need to design innovative green products to start a green business. If you have extensive experience in sustainability practices, become a certified eco-consultant and start a consulting agency.
Your company would advise customers on switching to more energy-efficient diets or implementing a recycling program.
Companies that have already been in the industry can extend their services to eco-consulting. If your company offers waste management solutionsyou can consult with clients on operational waste management planning or construction waste planning.
Pursue a career in environmental law
There are different areas of law, including criminal law, family law, and civil law. So, why should an aspiring lawyer choose environmental law as job ?
When I talk about environmental law, the first thing that probably comes to mind is Marshall from How I Met Your Mother. If you watched the TV series, you probably remember that he didn’t care about a high salary. He followed his passion for environmental justice.
Environmental lawyers represent clients on legal matters such as clean technology, climate change law, etc. They also support environmental rights, international environmental law, climate change, sustainability, renewable resources, and more.
Therefore, if you are a law student or a lawyer, consider majoring in environmental law and starting your practice. Your main task will be to advocate for the development and improvement of environmental law.
Renovate old furniture
Only in 2018, 9,680 tonnes of furniture ended up in landfills. The same research revealed that the generation of furniture and furnishings was 12.1 million tons in 2018.
So, if you have a knack for home decorating and remodeling, roll up your sleeves and start a furniture recycling business.
In addition to contributing to the environment, refurbishing old furniture is an opportunity to attract customers. Many customers would be willing to pay more for unique furniture that no one else has.
Create all-natural beauty products
The beauty industry plays a fundamental role in our lives. However, have you ever wondered what real cost of beauty products is?
The impact of the beauty industry on the environment is immense. For example, did you know that cosmetic packaging takes hundreds of years to decompose in a landfill? The toxic chemicals contained in beauty products often reach the oceans, harming the ecosystem and causing the death of many aquatic species.
The influence on human health is also of concern. Toxins that end up in the soil cause reproductive, genetic and developmental diseases.
As individuals, we cannot live fully sustainable lives. However, we can do our best to make our everyday life greener. Choosing green cosmetics can be a great starting point.
Therefore, launching an organic beauty brand can be a lucrative entrepreneurial decision. This market is changing at an astonishing speed. Research studies have found that the market value of natural and organic products was $34.5 billion in 2018. By 2023, this figure is expected to reach $44.5 billion.
Start a sustainable fashion brand
Fast fashion is everywhere. Consumers love it because it’s affordable and offers a variety of styles. Unfortunately, most fashion brands still overlook the importance of green textiles. here is some disturbing facts who support me:
— By 2030, there will be 148 million tonnes of fashion waste.
— Only 15% of recyclable textiles are reused.
— More than 7,000 liters of water are used to make jeans.
— The fashion industry accounts for 8.1% of global greenhouse gas emissions.
Fortunately, customers are beginning to understand the importance of sustainable fashion. People are turning to eco-friendly fashion brands and second-hand clothes. According to research studies60% of millennials say they want to buy more sustainably.
Therefore, if you are obsessed with fashion and sustainability, why not start a sustainable fashion brand? You can find inspiration by analyzing well-known green brands, such as Patagonia, Pact, Sezane and Boden.
Designing ecological alternatives for households
Have you ever wondered how eco-friendly our homes are?
According to research studiesan average American family uses more than 300 gallons of water per day at home.
Not to mention that the everyday items we use, such as paper towels, produce bags and cotton balls, cannot be recycled.
Fortunately, we can replace them with eco-friendly alternatives.
If you’re thinking about designing green household products, you’re on the right track.
To get started, walk around your house and note items that could go green. For example, you can design reusable sewn product bags. Or, you can create eco-friendly household cleaning products.
Consider bundling your reusable household items to build brand awareness. For example, you can sell them as eco-friendly starter packs or even unique gift baskets.
Sustainability is the future of entrepreneurship
Consumers are realizing the value of sustainability. They are more likely to buy from eco-friendly, organic and ethical brands.
For any environmentally conscious entrepreneur, starting a green business now can be a wise career move. This is the opportunity to gain a competitive advantage and enhance your brand image.
Although this is not an ultimate list of green business ideas, I hope it inspires you.
What eco-friendly business ideas did you like the most?