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April 19, 2010

Marketing Green – Not as Easy as You Think . . .

Filed under: Environment — leasa @ 11:56 am

Many of you know I am a mother of three and an environmental steward.  I believe in sustainability and I am trying my hardest to be “green” — to make a cleaner planet for my kids.  But I read the most interesting article today about what consumers think “green” means, versus reality…. and I fell into the trap.

One of the examples in the article is something that never dawned on me before: baby food — glass jars vs. plastic.

Nest Collective in Emeryville, CA, manufactures what is possibly the most environmentally sound baby food in America. Plum Organics products come in a micro-thin container that’s devoid of Bisphenol A (which is suspected of impeding brain development in infants) and features a recyclable cap. Competing baby food brands in glass jars use nine times as much fossil fuel to transport and take up to 14 times the amount of landfill space. By contrast, Plum’s disposable pouch is eco-friendly, competitively priced and convenient to use. So, what’s the problem?  It’s plastic. And in the minds of most consumers, that’s not “green.” Sure, Plum could try to explain statistics about landfill space and weight-transport/carbon-usage ratings, but that’s a lot to cram onto a 4.2-ounce bag. “These things are hard to talk about,” co-founder Neil Grimmer says. “There’s nothing sexy about a landfill.”

In the shopper’s mind, for example, glass is eco-friendly. But it takes a lot more fuel to transport glass than plastic and only about 28 percent of glass gets recycled anyway, according to EPA estimates. Counterintuitive as it seems, in many cases, plastic is a lot more ecologically friendly. But when shoppers spend all of six seconds deciding on a brand to buy, there’s no time to give them a course in low-density polyethylene or BTU outputs. “It’s hard to get people to look at these things,” Grimmer says. “There’s a lot of information out there, and it’s difficult for anyone to decipher what’s real and what’s not.”

And that, say many observers, is among the biggest problems in green marketing. Visit your local supermarket and you’ll see hundreds of products purporting to be eco-friendly. But without a third-party monitor, a twisted dynamic emerges: Much of what consumers assume is green is actually not, and those brands that really are green are often left to make a complex and technical pitch that people don’t understand or just don’t hear. As eco-marketing consultant Jacqueline Ottman puts it, “The consumer is very confused about what’s truly green and what isn’t. Marketers are confused themselves. Some products can be green in one instance and not in another. So it’s all potentially confusing.”

So, the shopper in search of a truly green product these days is in for a heck of a time, and the problem goes well beyond greenwashing, the prevalent practice of slapping labels like “natural” and “earth-friendly” on petrochemicals that’ll strip the paint off a car. Consider some examples of supposedly good products that often aren’t — and supposedly bad ones that don’t deserve the rap. Paper bags are most always seen as “natural” and biodegradable, right? But paper manufacturing flattens millions of acres of forests and uses huge amounts of energy and chemicals.

Or consider compact fluorescent bulbs, which Americans screwed into 330 million light sockets last year alone. CFs are touted as green because they’re supposed to last 10 times longer than incandescent bulbs — but many of them burn out early and, once they’re tossed into the trash, shatter and release mercury into the environment. Oh well.

Or take the warm-and-fuzzy notion of locally grown foods, which, thanks in part to author Michael Pollan, unfailingly conjures images of the cheerful farmer who lives just down the road. As Jeffrey Hollender, co-founder and chairman of Seventh Generation, points out, “Consumers have come to believe that local is always better, but increasing research shows that, in many cases, [it's not better] because of the energy inefficiencies involved in transporting local food. There’s no question that there are a lot of things that consumers believe to be so and are not so.”

Meanwhile, woe to the brand making a verifiable green product that, for one reason or another, falls outside the neat confines of what the average American considers green. Part of what makes that mission so difficult, of course, is the sheer number of green (or allegedly green) brands out there. A count conducted by research house TerraChoice between November of 2009 and January of 2010 revealed that, in big box stores alone, 2,219 products were busy making 4,996 ecological claims. But another factor is the science itself. Green is not an absolute condition; it’s a matter of degree. Most shoppers, however, have neither the time nor the inclination to do the math behind all the green claims out there. They basically just want to buy what they need and go home.

Complicating the picture even further is a basic marketing reality that’s not fashionable to bring up when we’re talking about saving the earth: Most shoppers — whether they admit it or not — look for value and performance before they look for green. The Natural Marketing Institute recently conducted a national poll of American adults, asking them about where green figures into the purchases they make. A whopping 68 percent of consumers told the poll takers that while they “care about the environment,” their purchase decisions were driven mainly by price.

All of which begs a very big question: How is a brand that’s truly green supposed to get that point across to consumers?

Neil Grimmer sits in his office in Emeryville, looking for ways to convince moms that a plastic pouch isn’t so bad, after all. His company’s Web site features a nifty chart showing how the pouch stacks up favorably against a glass jar in terms of fuel consumption and greenhouse gas emissions. Will consumers get the message? Grimmer hopes so, but he knows one thing: “If you want to implement significant change,” he says, “it needs to be easy to understand.”

To read more from this article go to: http://www.brandweek.com/bw/content_display/news-and-features/direct/e3i8ca14b8f869f03f0da670fc86a364d2d

And let us know what you think.  How are you getting your green message across to consumers?

February 15, 2010

Sustainability Translates to Peak Market Performance

Filed under: Environment — leasa @ 9:54 am

Sustainability is a hot topic with investors not only from a financial perspective, but also from environmental and social perspectives as well.

As little as five years ago, being environmentally sound was thought of as costing money and negatively impacting shareholder value. However, today analyst and savvy investors have recognized that those companies who have Environmental, Social & Governance (ESG) programs in place outperform the general stock market by 25%. In addition, 72% of these companies outperformed their peers . . . all of which translates into greater shareholder value.

Sustainability is a passion of mine. And at Mentus, we always speak to our clients about the value of establishing an ESG program and then conveying that value to key stakeholder constituencies in a strategic and consistent fashion, even if it is “baby steps” at first.

If you would like to learn more about how to establish and communicate an ESG program for your company, please contact me: lfisher@mentus.com

August 24, 2009

Notice & Access

Filed under: Annual Reports, Design, Environment — leasa @ 10:27 am
I recently had the opportunity to speak with Rick Howe, Director of
Corporate Communications at BioMed Realty Trust on his views regarding
implementing Notice & Access. Here is what he thinks….
What motivated your company’s move to Notice & Access?
The primary motivations for BioMed were to more actively and effectively
communicate BioMed’s business strategy and operating and financial results
for 2008, improve the company’s environmental stewardship, and realize
potential cost savings.
What formats did you provide to your shareholders?
BioMed sent a postcard to notify stockholders of our online annual report
URL, posted an interactive online version with extensive video content on
our website, and distributed a print version of the annual report as
requested and as required by SEC rules.
Did you also create a print format? Why?
Yes. A printed version of the annual report was provided in order to ensure
that all investors had access to BioMed’s 2008 Annual Report and to comply
with the SEC’s notice and access rules.
How did Notice & Access change the process of creating the annual
report?
The decision to provide a postcard, online annual report and a printed
version, coupled with the multi-media content in the online version,
required a much higher level of communication and collaboration with Mentus.
Add to that the simultaneous implementation of BioMed’s improved interactive
website, which added to the complexity of the process and magnified the need
for all manner of communication and consultation.
How does the annual report reflect your company’s social and corporate
responsibility?
Sustainability was behind our decision to convert BioMed’s annual report to
an online format. In addition to the environmental benefits of using less
paper, along with the cost savings for our business and shareholders, the
online format offered a level of interactivity that is not possible on paper
and enabled us to communicate the details of our business more effectively.
How did shareholders receive the annual report? Was feedback positive?
While we did not receive a substantial volume of comments, all of the
feedback on our online annual report was positive.
What challenges/success did you experience with Notice & Access and
moving the annual online?
The primary challenge was keeping track of all of the moving parts,
including our first online annual report, video updates and revisions,
postcard, printed version, and revamped website. Our original hope was to
launch all of these pieces in March, but the broad scope of these
interconnected parts pushed the implementation to mid-April. In spite of
these challenges, the annual report was delivered in accordance within
mandated SEC timeframes and the website went live concurrently with
virtually no technical problems at implementation or since.
Were there tangible financial benefits to going online?
The total cost of the entire annual report package (postcard, online annual
report, printed version, transfer agent and broker fees) was approximately
15% less than previous years without Notice and Access.

I recently had the opportunity to speak with Rick Howe, Director of Corporate Communications at BioMed Realty Trust on his views regarding implementing Notice & Access. Here is what he thinks….

What motivated your company’s move to Notice & Access?
The primary motivations for BioMed were to more actively and effectively communicate BioMed’s business strategy and operating and financial results for 2008, improve the company’s environmental stewardship, and realize potential cost savings.

What formats did you provide to your shareholders?
BioMed sent a postcard to notify stockholders of our online annual report URL, posted an interactive online version with extensive video content on our website, and distributed a print version of the annual report as requested and as required by SEC rules.

Did you also create a print format? Why?
Yes. A printed version of the annual report was provided in order to ensure that all investors had access to BioMed’s 2008 Annual Report and to comply with the SEC’s notice and access rules.

How did Notice & Access change the process of creating the annual report?
The decision to provide a postcard, online annual report and a printed version, coupled with the multi-media content in the online version, required a much higher level of communication and collaboration with Mentus. Add to that the simultaneous implementation of BioMed’s improved interactive website, which added to the complexity of the process and magnified the need for all manner of communication and consultation.

How does the annual report reflect your company’s social and corporate responsibility?
Sustainability was behind our decision to convert BioMed’s annual report to an online format. In addition to the environmental benefits of using less paper, along with the cost savings for our business and shareholders, the online format offered a level of interactivity that is not possible on paper and enabled us to communicate the details of our business more effectively.

How did shareholders receive the annual report? Was feedback positive?
While we did not receive a substantial volume of comments, all of the feedback on our online annual report was positive.

What challenges/success did you experience with Notice & Access and moving the annual online?
The primary challenge was keeping track of all of the moving parts, including our first online annual report, video updates and revisions, postcard, printed version, and revamped website. Our original hope was to launch all of these pieces in March, but the broad scope of these interconnected parts pushed the implementation to mid-April. In spite of these challenges, the annual report was delivered in accordance within mandated SEC timeframes and the website went live concurrently with virtually no technical problems at implementation or since.

Were there tangible financial benefits to going online?
The total cost of the entire annual report package (postcard, online annual report, printed version, transfer agent and broker fees) was approximately 15% less than previous years without Notice and Access.

August 6, 2009

Going Green

Filed under: Environment — janine @ 9:21 am

Going green means different things to different people in today’s world. Some people think about what they are doing in their personal lives to make a positive impact on the environment and others think about their company’s global footprint.

At Mentus, I’ve been labeled “the recycling police”. My co-workers often get reminders about not wasting paper, turning off lights and of course recycling the list of products I have conveniently posted in our communal kitchen. By now, we should all be aware of the many things we can do at home and at work to cut down on energy consumption and/or the amount of trash that ends up in our landfills. But what can we do with the printing publications that have become necessities in our daily work lives? How can those be more environmentally friendly? Here are just a few things to consider:

1. Can your project be created or sent to your audience as a PDF, e-newsletter, or e-postcard instead of a printed piece?
2. Can you utilize web-based marketing instead?
3. If you decide a printed piece is your best option, consider going green by:
• Reducing mailing lists
• Making use of digital proofs to eliminate excessive paper waste
• Avoiding full page ink bleeds or using fewer inks (avoid metallic and fluorescent inks when possible)
• Opting for vegetable-based inks, which are more environmentally friendly and are an alternative to petroleum-based inks
• Choosing environmentally friendly design elements, such as embossing and die-cutting, instead of varnish and spot colors
• Choosing 100% post-consumer waste (PCW) paper and using uncoated paper for easy recycling
• Considering FSC- or SFI-certified paper stocks, which are managed natural resources
• Avoiding laminated paper, which is difficult and expensive to recycle
• Grouping multiple print jobs together to take advantage of bulk paper and ink costs, to reduce paper use, and to lower the number of make-readies and printing plates
• Incorporating fewer folds into your projects to reduce waste when it comes to bindery

May 14, 2009

GoGreen

Filed under: Annual Reports, Economy, Environment — tracy @ 4:57 pm

In this economy a lot of companies are seeing red. Some are even feeling blue. We tend to see it as a good time to go green

In years past, going green with a company’s annual report often meant sacrificing quality and risking the perception the company was not doing well. Annual reports are changing. Good quality recycled paper is now available, new SEC requirements are defining what and how we communicate, the question becomes how can we put this change to work for you and your company?

It is easy to recognize that today’s annual reports are often overlooked or considered irrelevant. As such, companies are challenged to tell their story in a way that excites, informs, inspires action and breeds confidence. Although many companies rely on a 10-K wrap for this purpose, these can fall woefully short inspiring action and, in some cases, actually work to dissuade interested parties from investing in the first place.

We are helping companies to establish a new standard or approach to investor communications, one that is not limited by a static 10-K wrap format. Our GoGreen format delivers greater value to the stakeholder with the promise of a dynamic, updated dialogue with your investors. This value is amplified by GoGreen’s ease of content portability (readily shared, forwarded, and printed).

It’s been great to see our clients adopt GoGreen to varying degrees. We believe companies, whether public or not, are only a few years away from taking part in this new mobile communications generation. GoGreen can be the bridge to a new communications and investors vista.