Bloomberg Businessweek (North America)

The Greening Of Adidas

Conservati­on ▶ The German company funds energy savings with a VC model ▶ “The high-return projects subsidize the low-return ones”

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Replacing fluorescen­t lights or sodium outdoor lamps with LEDS makes sense from both a conservati­on and an economic standpoint. While LEDS cost more upfront, their longer life span and energy efficiency mean the initial investment can be recovered in just a few years. After that, LEDS generate a positive rate of return, freeing up cash for other expenses. Such calculatio­ns, however, don’t usually sway chief financial officers,offic who often view capital investment­s outside their core business as distract distractio­ns. To help make th the business case for sustainabi­lity, th the Environmen­tal Defense Fun Fund began a program in 2008 that recruits MBA students a and puts them through a week of training in which theyt learn to talk about en energy efficiency in ways t that bean counters c can relate to. The

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