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It’s time to prioritise sustainability: Five steps for evolving the industrial business model

31 March 2023

While sustainability has become a key industrial concern, the sector has found it difficult to make significant progress. Operating sustainably means industrial companies must simultaneously meet environmental, economic and social measures.

Schneider Electric’s recent research with Omdia found that, in efforts to meet the environmental dimension of sustainability, 57 percent of industrial organisations are putting carbon-neutral targets in place to offset their greenhouse gas (GHG) emissions completely. 

However, many are struggling to identify where to take action to meet their targets, with almost half (48 percent) yet to deploy any sustainability initiatives.

As we move into a new era of industries, human and machine activity must blend and become complementary, with more emphasis placed on sustainability. Schneider’s research outlines five recommendations for the industrial sector to meet ambitious environmental sustainability targets.

Read the full article in DPA's April issue

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