The secret weapon in the battle for sustainability
04 April 2022
Here, Richard Sederman, Strategy and M&A Director at Essentra Components, explains how the humble plastic fastener has given the components industry a major opportunity in tackling climate change, through green manufacturing and carbon footprint offsetting.
Manufacturing is one of the cornerstones of the global economy. But while, on the one hand, industries have changed beyond recognition, on the other, the core principles of manufacturing have stayed largely the same since the industrial revolution more than 200 years ago.
Thanks in part to the consumption of fossil fuels and the onward production of unsustainable materials, manufacturing has been targeted in recent years for its part in the global climate crisis. Whilst there isn’t one single perpetrator, some sectors have faced criticism more than others.
One of those sectors is the components industry – those that manufacture the small often unseen parts utilised in many different applications. The reason for the criticism is the sheer number of often unsustainable products produced. However, whilst small unsighted products like fasteners may be considered insignificant, the humble fastener could present the industry with an opportunity to get the jump on sustainability, at scale.
Read the full article in the April issue of DPA
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