Analyst Insight: There’s a huge amount of pressure that businesses across the world are experiencing concerning reducing their carbon footprint and meeting net zero targets. However, the wheels of progress are constantly turning. 

This pursuit of innovation comes at a cost that we can’t ignore; as it stands, 23% of U.S. greenhouse gas emissions come from industrial sources, such as manufacturing. The urgency to redefine our approach to industrial practices has never been more apparent.

A recent study found that 67% of Americans say that large businesses and corporations are currently doing too little to reduce the effects of climate change. We’re watching consumer demands and behaviors evolve as priorities change, and companies must be taking the necessary steps to continue to grow in line with growing consciousness around climate change. 

The carbon footprint left by traditional manufacturing processes is a stark reminder of the need for change. 

While challenging, the journey to sustainable practices in industrial manufacturing can be navigated. We need to consider implementing procedures as standard. Developments in technology, such as advanced robotics to reduce waste and energy consumption, are powerful indicators of an evolving industry. 

Industrial manufacturers can realize small but quantifiable differences by taking into account considerations such as using eco-friendly materials, investing in clean energy infrastructure, using sustainable suppliers, replacing outdated equipment, and establishing waste management protocols throughout the workplace.

Research conducted by the Ellen MacArthur Foundation has claimed that a huge 45% of CO₂ emissions can be tackled by changing the way goods are both made and used. With the incorporation of renewable energy and smart technologies, the manufacturing industry can begin to redefine efficiency and productivity. Circular supply chains will replace linear ones, reducing waste and environmental impact.

The constant demand for new materials places a huge strain on the environment, with companies producing more emissions to keep up with demand. Circular manufacturing reportedly enables companies to reduce this demand by 50%-98%. 

Outlook: It’s fair to say that industrial manufacturing, as an industry, stands at the crossroads of environmental responsibility. With an ever-evolving digital landscape, and a hyper-awareness of the environment which continues to grow with each generation, it’s clear that there are steps we need to take. Although achieving net-zero carbon emissions is a lengthy journey, manufacturers can implement minor adjustments that significantly decrease emissions, thereby aiding in the achievement of net-zero goals. 

Resource Link:

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