Key ESG Developments In The Manufacturing Industry
We must address this negative fact that manufacturing companies specialising in cement, steel aluminium, glass and chemicals manufacturing are responsible for 30% of carbon emissions.
If a cleaner approach is implemented to the manufacturing and production industries this would have a significant positive affect on sustainability, climate and environment targets.
Reducing the environmental impact of industrial manufacturing should be a priority for your business. In order to achieve this level of impact there must be a collective multi-stakeholder approach. This is imperative when addressing the issue at the pace, scale and depth to achieve sustainable manufacturing goals.
ESG Development #1 – Increasing ESG Regulations and Buying Pressures
Whether you welcome it or lament it, sustainability has entered the boardroom and is set on taking a permanent seat. UK & European regulations designed to protect the environment and drive sustainability are on the rise. There is now a high level of pressure put on companies to implement their ESG strategy.
However there is also an aligned financial incentive for companies to meet these requirements. As B2B & B2C consumers are now more than ever vocal about and motivated by their power with whom to do business or buy goods. A massive contributing factor here is where a company sits with their environmental and moral standards.
ESG Development #2 – Sustainable Product Innovation in Manufacturing
Sustainable product innovation is under spotlight in these industries. Companies in these industries are looking at new raw materials and laboratory equipment, contemporary design methods and premium technologies.
ESG Development #3 – Implementing Modern Technology for Manufacturing Workers
Technology can close the gap between compliance with regulations, sustainable manufacturing, and accurate reporting. If your business is still using complex manuals, paper-based SOP’s, and training documents then you need a system which will digitise these and make them user friendly and easy to understand for your new workforce, as well as contributing to your overall sustainability strategy. Adopting innovative technology such as investing in a Connected Workforce platform and digitising your work processes such as work instructions, SOPs, checklists etc. will contribute towards achieving your sustainable manufacturing goals.
How is Nvolve helping Manufacturers & Supplychain Companies Drive Their ESG Goals?
Learn how our customer IPS Culina Group is accelerating their journey to Sustainability, ESG and Operational Excellence by putting a Connected Workforce strategy at the core of their business.
IPS Culina and Nvolve recently worked together on launching their ESG & Sustainability strategy. This entailed a detailed document with a simplified 9 Point Action Plan.
IPS has placed their Sustainability and ESG goals at the core of their Business and have partnered with Nvolve to help them deliver on a Visible, Auditable and Actionable Connected Workforce strategy.
Simon Wooffindin, Health Safety and Environmental Manager, IPS Culina Group is especially impressed with the new ESG dashboard on the Nvolve platform, with its reporting capabilities it is invaluable for the interest of suppliers and customers.
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