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The economic growth factor reflects any increase in a company's income, including through increased market share, or access to new markets. It may include:
• Increased revenues due to the improvement of an existing product or the introduction of
a new product resulting from sustainable development-based initiatives (e.g. sales of
waste or by-products, emission trading, eco-tourism)
• Improved and/or more secure access to international and domestic markets/customers
from sustainably harvested or produced goods
• Given preference as a supplier due to environmental or social criteria
• Access to new markets by innovatively filling a social, economic or environmental need
which was previously overlooked
• Increased revenues created through supporting the development of the local market
• The ability to charge premium prices for more sustainable products
For companies sponsoring Mayflower initiatives especially those of Health, Empowerment and Community development we anticipate a strong potential for economic growth
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