Compliance and regulations used to be the major drivers for the environmental policy and strategy in corporate and organizations. Environmental innovations were only linked to technology and measures that could mitigate negative environmental impacts. For the last decade, however, cost saving and profitability gradually become inseparable from sustainability. By increasing eco-efficiency and transforming the value chain, business not only reduces the environmental footprint, but also the operational cost. New products and services are developed to meet the increasing demand of the emerging green market.