Manufacturing Industry Undergoing Rapid Sustainability Transformation, says Schneider Electric and MIT Technology Review Report

Schneider Electric

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 [

http://www.corporateknights.com/rankings/global-100-rankings/2021-global-100-rankings/2021-global-100-faq/

] 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 ]

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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

 

Logo - https://mma.prnewswire.com/media/1823165/Schneider_Electric_Logo.jpg

 

Source: Schneider Electric

 

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