The race to decarbonise manufacturing is on
03 August 2022
Energy costs are skyrocketing, inflation is increasing, and interest in reaching net zero goals has been waning in the months following COP26. The good news? Even when facing unprecedented challenges, manufacturers are leading the charge towards net zero.
Sophia Bell, Acting Group Editor
A recent report from Make UK, in collaboration with Siemens, revealed that eight in 10 manufacturers view decarbonisation as either a high or medium priority, with almost half (46 percent) already having taken the first steps and a further 25 percent planning to do so within the next year.
Over the past 12 months, around a third of companies have seen both electricity and fossil fuels costs grow by over 50 percent – and these are only going to continue to accelerate. Unsurprisingly, the rising costs of energy have had a significant impact on manufacturers’ wish to reduce carbon emissions, with 53.7 percent citing it as their number one reason for doing so.
Those who put green investment at the top of their agenda are set to see financial gains...
Read the full article in DPA's August issue