Survey: Corporate "Green" Spending Increasing

Survey: Corporate "Green" Spending Increasing

Corporations are making cutbacks across the board— except with their sustainability programs.

A survey recently published by Panel Intelligence, LLC, shows that 80 percent of North American corporate sustainability executives plan to maintain or increase "green" spending in 2009 despite the recent economic downturn.

The survey also reports that corporate clean technology spending will increase by 73 percent through 2010. Over two thirds of survey respondents believe energy efficiency is the most important area to invest in. 

Despite close monitoring of spending in other areas, over half of all respondents don't examine the ROI for their sustainability projects.

The moral of the story? Don't slack when it comes to corporate green projects, or you'll be left behind.