Environmental Practices — Going Green Drives Sales

“Ceres’ members have found that companies with good environmental policies are sound financial bets,” Podmayersky says.

Along with its GRI initiative, L.P. Thebault is FSC certified, a member of the EPA Green Power Partnership, CarbonFree with Carbonfund.org and is Green-e certified. The company had previously decided to take a wait-and-see approach to SFI chain-of-custody certification, but is now ready to take another look. It had the same concerns as many environmental groups that the initiative might be too tied into the business interests of the forestry and paper industry. The organization has since gained a greater degree of independence, he notes.