Going green can keep you from the red but for many businesses, figuring out how to become more environmentally friendly is a challenge.
In a bid to boost the province's green economy, and make the GTA the greenest city region in North America, Greening Greater Toronto announced yesterday a new working group.
The Green Procurement Leadership Council is to make it easier for companies and industries to buy green and be greener.
In addition to sharing best practices, the group will also investigate emerging green technology and provide markets for it.
The working group, which is made up of all the country's largest banks, the City of Toronto, universities, Ontario Power Generation and the province among many other business leaders, has in total $40 billion in buying power annually.
The council's first order of business is a technology fare May 11 and 12 where it will hear from 40 green-product companies a day.
BEST TECHNOLOGY
"The organizations have been instructed to come with their order books to look at all the best green technology that Ontario has to offer," said Toronto City Summit Alliance's David Pecaut, co-chairman of the alliance's Greening Greater Toronto initiative.
"I think we're starting to see that people realize that being green can also be good for the bottom line," he said, noting companies can save money through greater energy efficiencies, as well as appealing to consumers who are increasingly asking for green products.
"It's enabling them (companies) to find green products and services, and new solutions," Pecaut said of the Green Procurement Marketplace event in May. "Another benefit is that we're pulling up by the bootstraps the green technology sector, which the premier has said has got to be a big part of our future with the challenges we have now in auto and other sectors."
BRYN.WEESE@SUNMEDIA.CA
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