Manufacturing Industry Undergoing Rapid Sustainability Transformation, says Schneider Electric and MIT Technology Review Report
PR96125
RUEIL-MALMAISON, France, May 23, 2022 /PRNewswire=KYODO JBN/--
- New report from Schneider Electric and MIT Technology Review reveals
sustainability revolution from incidental to intentional sustainability across
leading manufacturing firms' operations
- Leading manufacturers now seek total carbon visibility across the entire
supply chain in a shift from mere process efficiency
Schneider Electric [ https://www.se.com/ww/en/ ], the leader in digital
transformation of energy management and automation, and the world's most
sustainable corporation 2021 [
] as ranked by Corporate Knights, has partnered with the world-renowned,
independent media company MIT Technology Review, to reveal a concerted push
towards sustainability within the manufacturing sector, with a long-term goal
of total carbon visibility across the entire supply chain.
The joint research, entitled 'Equipment management and sustainability', reveals
that leading manufacturers are shifting to making sustainability the goal of
process improvements rather than merely a by-product of responsible equipment
management.
Some key takeaways from the report include:
Product-specific sustainability practices on the rise:
Leading firms are modernizing processes to enable decarbonization. This is
achieved by improving equipment operations, reducing waste, and making products
with less carbon-intensive inputs.
The report suggests that manufacturers are seeking increased access to
visibility through data analytics and digitally connected supply chains.
Embracing Industry 4.0 principles, manufacturers are using sensors and
performance management tools to increase the flow of
carbon/sustainability-relevant data across the firm's entire operations.
Modular processes enabling better predictions:
Technology is also being used to build better predictive processes and
reorganize them to be leaner and modular.
It allows producers to adjust assembly lines, processes, and material inputs
for more precise calibration. In turn, this allows for better forecasting and
'on demand' customized manufacturing.
Organizations can now use virtual designs to stress-test new sustainability
production models in virtual reality before committing them to the carbon
intensive 'physical' reality, such as digital twinning to reduce energy in
production design processes.
Purposeful design aids the circular economy:
Leading manufacturing firms are reimagining manufacturing processes in pursuit
of 'circular economy' goals. This often involves a long-term business plan for
managing materials and 'design for sustainability' manufacturing principles.
These include building facilities to disassemble existing products to make
better use of spare parts and total cost of ownership (TCO) models, which link
product design to fewer processes, more sustainable inputs, and even reducing
the lifespan of machinery-intensive products to take advantage of iterative
innovations in electric efficiency.
Frederic Godemel, EVP of Power Systems & Services at Schneider Electric, said:
"Manufacturing is transitioning from incidental to intentional sustainability,
according to this new report. Sustainability is no longer a happy coincidence;
now, the illustrious pairing of efficient equipment management and purposeful
green principles sees manufacturing set on a course for effective
decarbonization in the long term.
"That being said, the time we have to decarbonize is swiftly dwindling.
Manufacturers must accelerate their efforts through optimal use of data and
digital technologies if the industry is to make a significant contribution to
international climate goals when it matters."
To discover more about how global businesses use insight and innovation to make
their manufacturing processes and assets carbon neutral, please see the report
"Equipment management and sustainability: How global businesses use insight and
innovation to make their manufacturing processes and assets carbon neutral",
which is available now.
About Schneider Electric
Schneider's purpose is to empower all to make the most of our energy and
resources, bridging progress and sustainability for all. We call this Life Is
On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy
technologies, end-point to cloud connecting products, controls, software and
services, across the entire lifecycle, enabling integrated company management,
for homes, buildings, data centres, infrastructure and industries.
Schneider Electric is supporting the growth of the global green economy as it
seeks sustainable service engineers for 2500 new green jobs across Europe.
We are the most local of global companies. We are advocates of open standards
and partnership ecosystems that are passionate about our shared Meaningful
Purpose, Inclusive and Empowered values.
www.se.com
Discover Life Is On [
https://www.se.com/b2b/en/campaign/life-is-on/life-is-on.jsp ]
Follow us on: Twitter [ https://twitter.com/SchneiderElec ]
Facebook [ https://www.facebook.com/SchneiderElectric?brandloc=DISABLE ]
LinkedIn [ https://www.linkedin.com/company/schneider-electric ]
YouTube [ https://www.youtube.com/user/SchneiderCorporate ]
Instagram [ https://www.instagram.com/schneiderelectric/ ]
Blog [ http://blog.se.com/ ]
Discover the newest perspectives shaping sustainability, electricity 4.0, and
next generation automation on Schneider Electric Insights [
https://www.se.com/ww/en/insights/ ]
Hashtags: #Sustainability #ClimateChange #Electricity4.0 #Industry4.0
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Source: Schneider Electric
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