Sign up for free to get the latest from greenbang direct to your inbox
 
Home | Research Store | Work With Us | Events | Insight | Press | About | Newsletter | Contact

Recession doesn’t dissuade green consumers

Published Tuesday, 12th May 2009

card-paymentConsumers still want to buy green despite the current economic climate, with 62 per cent saying environmental concerns influence their purchasing decisions “the same as a year ago” and just over a quarter saying they influence them “even more” than in 2008, according to new research from the Carbon Trust Standard.

Those findings are based on a survey of nearly 2,000 UK adults conducted by YouGov on behalf of the Carbon Trust Standard.

The survey found that a business’ green credentials have a significant impact on consumer buying choices. Sixty-six per cent of those questioned said it’s important to buy from environmentally responsible companies, and one in seven — 14 per cent — said they have voted with their feet by deciding not to buy from a company based on its environmental reputation.

The research also shows that 70 per cent of consumers do not feel confident that they can clearly identify which companies are environmentally responsible. Fifty-nine per cent of those surveyed said they are sceptical about the environmental claims companies make, and 44 per cent said they would like more information about what companies are actually doing to be environmentally responsible.

“This research shows that consumer values do not change, even in a middle of a recession,” said Harry Morrison, head of the Carbon Trust Standard. “They want companies to act and cut their carbon footprints, and provide transparent and accessible evidence of action. We believe companies that take real action will seize the dual benefits of immediate cost savings and a stronger reputation, which is good for business.”

Bookmark and share:
  • Twitter
  • Google Bookmarks
  • LinkedIn
  • Facebook
  • Reddit
  • StumbleUpon
  • Digg
  • Slashdot
  • del.icio.us
  • email
  • Print
  • PDF




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.












RELATED NEWS

Latest Insight

Heat dials up on smart-thermostat wars thumbnail

Heat dials up on smart-thermostat wars

Transform boring, old technology into something with next-generation smarts and huge market potential,
How NOT to cover energy news thumbnail

How NOT to cover energy news

What’s the best way to understand developments in the energy world? A Daily
How much coal is left? thumbnail

How much coal is left?

Compared to natural gas, the US is using proportionately less coal than it

LATEST REPORTS
1

Who’s the leading smart-city brand?

More than half of the world’s nearly seven billion people now live in urban areas, and that proportion is expected to reach almost 69 per cent by 2050. To avoid pushing local and global systems to the point of collapse, cities will need to become much smarter and more efficient Read more ...
more info
2

Managing the smart-grid data overload

Developing the UK’s smart-grid infrastructure will require communications and data technologies that can manage far more information than utilities must handle today. That’s the focus of a strategy report from Greenbang Research: “Enabling the UK’s smart-grid future: The wireless spectrum debate.” The report answers such questions as: Should dedicated Read more ...
more info
3

Incentives fire up UK solar market

The introduction of the feed-in tariff (FIT) incentive policy on 1 April has sparked an explosive reaction in the UK renewable energy market with solar leading the way in installations, according to a new Greenbang research report titled, “The UK’s Feed-in Tariff: Impact, response and market trends for the decade Read more ...
more info