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April 25, 2008, 4:17 pm

Gen Y forces the green issue (without even trying)

By Nadira

In this, the week of all things Green, I’d be remiss if — amidst the talk of CFL bulbs, organic farmers, and the like — I didn’t bring up that other green issue: Gen Yers. (Don’t act so surprised…)

At Fortune’s Brainstorm Green conference in Pasadena earlier this week, there was much high-level discussion amongst high-level executives, researchers, and activists of the problems one might expect — for instance, panels such as “Nuclear Power: A Debate” and “The $1 Trillion Carbon Market.” But what struck me was the way that Gen Yers crept into these green leaders’ conversations.

In “Wall Street and Climate Change,” Lehman Brothers managing director Theodore Roosevelt IV called green one of his best recruiting tools, saying that when Lehman goes to business schools, the younger generation asks what the company’s doing about environmental issues. And in “The Green Consumer: Myth or Reality,” Marc Mathieu, Coca-Cola’s SVP of global brand marketing and creative excellence (i.e. marketing guru), pointed out from the audience that — whatever the back and forth here about how to get consumers who say they’d rather buy green to actually do it — the next generation was going to take ownership of this movement. They’re not going to change when they get older, he said, citing his own teenagers, who are all members of Greenpeace or organizations like it.

To some extent, this is starting to emerge in the research, like this 2007 study, which found that 50% of Gen Y respondents said environmental messaging influenced their shopping behavior. (For the record, I’d like to think that older people would say the same, but the study didn’t go there.) It called to mind a recent conversation with a researcher in this field, who said that, as far as he could tell, the only thing preventing young people from going completely green was their obvious lack of that other kind of green — cash. As Yers’ incomes grew, he thought, we’d begin to see the impact of their green leanings.

Of course, I’m curious to hear what you think. Would you stay at a company that promised it was getting greener, or leave one that wouldn’t? And once you have the money to do it, would you spend on green? Or do you, as Green Consumer panelist Joel Makower of Greener World Media, put it, think this is “just marketing.” (Which, to clarify, is an insult.) I got into a heated “debate” a while back with my 23-year-old sister — otherwise known as my Gen Y guinea pig — around this very question of the mainstreaming of green. While she was glad to hear more people express an interest in the environment, she said she couldn’t help feeling like green was rapidly gaining fad status. And since, to quote Heidi Klum, “In fashion, one day you’re in and the next you’re out,” she felt it might only be a matter of time before the hype died down and we were left just about where we started.

She’s still hoping to see us prove her wrong, but I wonder how many of you out there agree with her. And how many are cautiously more optimistic? And how many more are in the group that Makower brilliantly sketched out for us, people who find no irony in getting in their poorly tuned Escalades with under-inflated tires and turning on their cold engines to drive three miles to buy their favorite recycled toilet paper. He laughs — and hey, it’s funny, because we all know (or are) those people — but one does worry that this last camp of convenience is the one that most of us fall into, when it’s all said and done. (Not unlike the young women in this piece, for whom green is, apparently, a true fashion statement.)

So is it true, guys? Are we a bunch of fair-weather environmentalistas? Or are we, as I’d like to think, really going to make a change here, not just through our own actions, but by our ability to force the companies trying to hire and market to us to get with the green program?

*****

And in other news, if you haven’t already, check out our “Face of the future” gallery, part of this year’s Fortune 500 coverage. It was a labor of love for photographer Mackenzie Stroh and me, amassing images and interviews from more than 50 young people at 11 Fortune 500 companies to get a little insight into what life is really like for them. If you don’t mind paper, the magazine version is worth a look, too, with beautiful photographs and a more in-depth look at 29 of these hard-working — and I hope, high-rising — Yers. And when you’re done, do me a big favor and have an awesome weekend…

Type Size  -  +
April 25, 2008, 4:17 pm

Gen Y forces the green issue (without even trying)

By Nadira

In this, the week of all things Green, I’d be remiss if — amidst the talk of CFL bulbs, organic farmers, and the like — I didn’t bring up that other green issue: Gen Yers. (Don’t act so surprised…)

At Fortune’s Brainstorm Green conference in Pasadena earlier this week, there was much high-level discussion amongst high-level executives, researchers, and activists of the problems one might expect — for instance, panels such as “Nuclear Power: A Debate” and “The $1 Trillion Carbon Market.” But what struck me was the way that Gen Yers crept into these green leaders’ conversations.

In “Wall Street and Climate Change,” Lehman Brothers managing director Theodore Roosevelt IV called green one of his best recruiting tools, saying that when Lehman goes to business schools, the younger generation asks what the company’s doing about environmental issues. And in “The Green Consumer: Myth or Reality,” Marc Mathieu, Coca-Cola’s SVP of global brand marketing and creative excellence (i.e. marketing guru), pointed out from the audience that — whatever the back and forth here about how to get consumers who say they’d rather buy green to actually do it — the next generation was going to take ownership of this movement. They’re not going to change when they get older, he said, citing his own teenagers, who are all members of Greenpeace or organizations like it.

To some extent, this is starting to emerge in the research, like this 2007 study, which found that 50% of Gen Y respondents said environmental messaging influenced their shopping behavior. (For the record, I’d like to think that older people would say the same, but the study didn’t go there.) It called to mind a recent conversation with a researcher in this field, who said that, as far as he could tell, the only thing preventing young people from going completely green was their obvious lack of that other kind of green — cash. As Yers’ incomes grew, he thought, we’d begin to see the impact of their green leanings.

Of course, I’m curious to hear what you think. Would you stay at a company that promised it was getting greener, or leave one that wouldn’t? And once you have the money to do it, would you spend on green? Or do you, as Green Consumer panelist Joel Makower of Greener World Media, put it, think this is “just marketing.” (Which, to clarify, is an insult.) I got into a heated “debate” a while back with my 23-year-old sister — otherwise known as my Gen Y guinea pig — around this very question of the mainstreaming of green. While she was glad to hear more people express an interest in the environment, she said she couldn’t help feeling like green was rapidly gaining fad status. And since, to quote Heidi Klum, “In fashion, one day you’re in and the next you’re out,” she felt it might only be a matter of time before the hype died down and we were left just about where we started.

She’s still hoping to see us prove her wrong, but I wonder how many of you out there agree with her. And how many are cautiously more optimistic? And how many more are in the group that Makower brilliantly sketched out for us, people who find no irony in getting in their poorly tuned Escalades with under-inflated tires and turning on their cold engines to drive three miles to buy their favorite recycled toilet paper. He laughs — and hey, it’s funny, because we all know (or are) those people — but one does worry that this last camp of convenience is the one that most of us fall into, when it’s all said and done. (Not unlike the young women in this piece, for whom green is, apparently, a true fashion statement.)

So is it true, guys? Are we a bunch of fair-weather environmentalistas? Or are we, as I’d like to think, really going to make a change here, not just through our own actions, but by our ability to force the companies trying to hire and market to us to get with the green program?

*****

And in other news, if you haven’t already, check out our “Face of the future” gallery, part of this year’s Fortune 500 coverage. It was a labor of love for photographer Mackenzie Stroh and me, amassing images and interviews from more than 50 young people at 11 Fortune 500 companies to get a little insight into what life is really like for them. If you don’t mind paper, the magazine version is worth a look, too, with beautiful photographs and a more in-depth look at 29 of these hard-working — and I hope, high-rising — Yers. And when you’re done, do me a big favor and have an awesome weekend…

Gen Y should relax on going green and start paying their bills! Did anyone else see the new survey that shows only half of gen Y pays their bills on time?

Posted By Dewey, Norton, MA : May 8, 2008 2:45 pm

Going green ?
From my father’s and his mother’s stories, my great-grandparents were farmers who never drove an automobile, had no electricity on their farm, and grandfather plowed with horses. They died in the 1950s. Oh, they never earned enough money to pay income taxes. But of their six children, two lived to be over 90 years old, in good health up to 90 ! So … how green do we want to be ?

Posted By Jason Stoons, Austin TX : May 5, 2008 4:34 pm

I think the “going green” is just a fad. I’m all for being nice to Mother Earth, but at the same time I loath the “global warming” trip everyone seems to be on. The fact of it is this; YES, the earth is getting warmer. Its the why its getting warmer that gets me. Al Gore has been pushing this saying its the carbon dioxide, and the other green house gasses. FALSE. He has been pushing for yet another way to tax us. He is pushing for a carbon tax. So add more taxes to just about everything. You emit carbon when you breath, they also say that having more than one or two children add to the ever growing population which is causing “global warming”. Yeah, he said it. Breathing causes global warming? I for one don’t think so. All I’m saying is don’t play into the hype just because its a fad. The companies are only trying to appeal to you and make money. They are not hear to save the Earth I assure you

Posted By Corey, Louisville, KY : May 5, 2008 12:55 am

Hi Nadira,

I think that for both Gen X and Gen Y, environmental concerns are a factor in our decision-making when it comes the companies we work for and the products we buy, but it’s still more of a subtle thing. That is, we might prefer to work for the socially-conscious organization, but only if the salary was comparable or slightly lower than the other offers. If it were $25K lower, we might not be willing to make the sacrifice.

Best,

Alexandra Levit
Author, How’d You Score That Gig?
Blogger, Water Cooler Wisdom
http://alexandralevit.typepad.com

Posted By Alexandra Levit, Chicago IL : May 1, 2008 8:59 am

I am 21, me an my wife already only buy green, method soap, seventh generation dipers the whole thing, its healthier and to us nothing is worth more than good health and a better world for our daughter. We are college students living on financial aid but that does not stop us. Heck when we stopped using bleached diapers, and instead bought seventh generation, our daughter who previously had horrible diaper rashes, bad enough to bleed sometimes, completely stopped getting rashes, that alone more than makes up the minor extra price, and we save since we no longer need to buy diaper rash ointment . In most cases the price difference is extremely modest or even non existant. Methods detergent is actually cheaper per load. Not buying green over cost is just a bullshit excuse in most cases. Green is healthier and thats all that matters to me an my family.

Posted By David, merced, california : April 30, 2008 2:13 am

Green has definatly attained the fad status, but I hope it’s gaining ground that it won’t give up.

My hope for Yers is we will truely activate the revolution that is needed. One tipping point that may bring this about is our generations desire for meaningful work.

Yers, we can do it. Green is the new frontier of opportunity so let’s get on it and start doing business our way, profitably sustainable.

Posted By Steve in BC : April 29, 2008 2:13 pm

Going green will only work if companies can save money or make more money. There is no other reason for companies, or people, to change. Money solves all problems.

Posted By Yadgyu, Harkeyville, TX : April 28, 2008 7:43 pm

I must say I agree with your sister. I think going green is the new “Save the Whales” of our generation. The only twist is, that going green is starting to make alot of green. Companies see that being more environmentally friendly, and showing it off, is improving their image in the public eye, and in turn helping their bottom line. So for once, I think the endless drive to make more money will actually help instead of hurt, and with more green conscious “Y-ers” entering the workforce I think this will actually make a difference…or I may have too much faith in mankind…I guess time will tell…

Posted By Juan, Miami Fl. : April 28, 2008 11:40 am

I think that the “tweeners” like myself and Gen Y right behind me are definitely more green than our parents and grandparents. I have a family of 7, and our two cars are a GMC Acadia (7 passenger to carry everyone) and a Mini Cooper S that my wife and I carpool to work every day. We make it a point to buy the energy efficient lightbulbs, not just because it’s green, but also because it saves us green. Same deal with the MINI – it’s cool, an absolute blast to drive, and it gets 25 mpg in the city. I think that our generation looks for the opportunity to go green in a lot of different areas, especially when it can save us some green too.

Posted By Nathan (Indianapolis, IN) : April 28, 2008 10:13 am
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Nadira A. HiraWhat started as a quirky Fortune cover story on Generation Y in 2007 has turned into a full-time job covering the fastest growing segment of the American workforce for Nadira A. Hira. But it's on The Gig that she's been able to speak directly to the much discussed, much maligned, and she thinks, very much underestimated Yers themselves, reflecting with them on everything from finding meaningful work to hiding meaningful body art. Herself a Yer, Hira has always been interested in engaging her peers, from her time writing for MTV News' Choose or Lose 2004 campaign, to her work spreading the Gen Y story as a speaker and television personality, from CNN to VH1 and back again. A recipient of the NewsBios 30 Under 30 award, showcasing business journalists on the rise, the would-be poet, sometime bartender, and professional sports fan, calls downtown Manhattan - and The Gig - home.
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