Schneider Electric, a company which specialises in digital transformation of energy management and automation, and Omdia, a technology research and advisory group, have found that while industrial companies are setting ambitious sustainability targets, roughly half (48 percent) have yet to take the necessary steps to meet them.
The finding was part of a study to better understand manufacturers’ sustainability goals and the maturity of their sustainability initiatives.
Over half (57 percent) of respondents to the survey are aiming for net-zero greenhouse gas (GHG) emissions. They are most likely to name reduced energy consumption as the key factor in their decision to invest in operational sustainability initiatives, and 49 percent also expect improved performance and cost savings. [Read more…] about Global report finds 1 in 3 manufacturers on track to meet sustainability targets