“ Manufacturing has a pivotal role to play [...] in the delivery of net zero ambitions .
Achieving that requires an integrated decarbonisation strategy , research , innovation and infrastructure changes ”
FOREWORD Could the future be sustainable ?
Sustainability initiatives continue to dominate the manufacturing industry
“ Manufacturing has a pivotal role to play [...] in the delivery of net zero ambitions .
Achieving that requires an integrated decarbonisation strategy , research , innovation and infrastructure changes ”
MANUFACTURING GLOBAL MAGAZINE IS PUBLISHED BY
– Rohit Moudgil , Manufacturing
Sector Head , HSBC UK
In our August issue of Manufacturing Global we looked at the sustainability targets set by global manufacturers , and the key focuses for the industry . Now , as we see out 2021 , the investment into driving sustainability only continues to flourish , and will continue to do so into the new year . Today 80 % of companies worldwide now report on sustainability , a significant rise in the last 30 years where only 12 % reported on sustainability in 1993 .
In the last few months the industry has continued to invest in electric vehicles ( Ford , Tata Motors , JCB ), sustainable semiconductor production ( Apple ), sustainable supply chains ( IBM ), and carbon neutral factories ( Škoda Auto ).
But there ’ s still work to be done ! Despite manufacturing in the UK alone reducing its emissions by 57 % since 1990 , the industry still accounts for 12 % of the overall greenhouse gas emissions .
“ Manufacturing has a pivotal role to play [...] in the delivery of net zero ambitions . Achieving that requires an integrated decarbonisation strategy , research , innovation and infrastructure changes ,” said Rohit Moudgil , Manufacturing Sector Head , HSBC UK .
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