Home Views Special Feature

The green future of industrial sustainability

Schneider Electric
Schneider Electric1/29/2023 10:52 PM GMT+08  • 2 min read
The green future of industrial sustainability
By embracing innovative technologies alongside achievable sustainability goals, companies can easily accommodate business and market needs / Photo from Shutterstock via Schneider
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Achieving sustainable operations is one of the most important challenges that manufacturing and process industries have ever faced.

As modern industrialists, we are experiencing mounting pressure from governments, society, and investors to demonstrate sustainability practices. Today’s buyers demand eco-efficient brands, green products, responsibly sourced materials, and sustainability-focused solutions and services.

Traditionally, industrial operators have been blamed for climate change, resource scarcity, and harm to the environment and the society around them — and with good reason.

Today, industry contributes 32% of the world’s CO2 emissions and more than 73% of greenhouse gases come from energy use. The water sector alone consumes 7% of the world’s energy and generates 3-10% of total greenhouse gases. Energy intensive industries, especially, can no longer remain indifferent when it comes to embracing global sustainability efforts, nor can they afford the operational cost of energy waste.

At the same time, many of the most energy intensive industries produce the essential building blocks of society and the key components of our modern world.

That means that industry is poised to have the greatest impact on solving sustainability problems. And we already have what it takes.

See also: Financial institutions find rapid crypto deployment with Bitstamp's plug-and-play solution

“Industrial digitization supports corporate sustainability, promotes decarbonization and circularity, reduces material waste, prolongs equipment lifetime, and enables better emissions monitoring.” Bloomberg

See also: The Reserve: Silver Bullion CEO Gregor Gregersen’s systemic wealth protection

By embracing innovative technologies alongside achievable sustainability goals, companies can easily accommodate business and market needs while also reducing their climate change impact, conserving energy and resources, and safeguarding people and the natural environment.

Reducing energy consumption is a critical step in increasing sustainability and business stability. Ideally, a process uses as little energy as possible. Simulation software helps optimize the process by improving the visibility and management of power, fuel, water, raw materials, and equipment utilization.

TIP: A more sustainable world is a more digital and electric world. Software can drive safety, lower operating costs, and improve an industrial enterprise’s sustainability outlook.

Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.