The Fairmont Royal York in Toronto invested $25,000 in an energy conservation program to replace leaky steam traps and fix leaks, which resulted in an annual savings of over $200,000. This is an example of a sustainability effort to
A)increase innovation.
B)decrease revenue.
C)lower costs.
D)increase customers.

Question

Quizplus · Accepted Answer

In days past, many sustainability efforts would have been the result of government prodding or public pressure, or would have been undertaken for PR purposes. Some well-known firms have benefited financially from such initiatives. Executives know better. They realize that green, our convenient euphemism for sustainability, is the color of money. This is an example of a sustainability effort to lower costs.

The Fairmont Royal York in Toronto Invested $25,000 in an Energy