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Sustainability and sustainable manufacturing
December 2, 2021 @ 9:30 am - 10:30 am
Managing operations in an environmentally and socially responsible manner – “sustainable manufacturing”– is no longer just nice-to-have, but a business imperative. Companies across the world face increased costs in materials, energy, and compliance coupled with higher expectations of customers, investors and local communities. A growing number of companies are treating “sustainability” as an important objective in their strategy and operations to increase growth and global competitiveness. Indeed, a large and growing number of manufacturers are realizing substantial financial and environmental benefits from sustainable business practices. Sustainability has been described as “meeting the needs of the present generation without compromising the ability of future generations to meet their needs” (Brundtland, 1987).
For many sustainability is defined through the interconnected domains of environment, economy and society, and often discussed through domains of culture, technology, economics and politics. Indeed, the sustainability debate is one that has come to the fore in recent times, with COP26. Ireland and the EU are now both targeting climate neutrality by the year 2050, we must build on this roadmap, and work with stakeholders right across society to ensure we meet this goal in the smartest, most cost-effective way possible.
The European Union has upped that ambition to a 55 percent reduction in carbon emissions on 1990 levels by the year 2030. The costs involved are non-linear, in that they will increase very significantly for greater percentage reductions, but so too potentially will be the benefits of this transition. This session will explore this topic and hear the views from our expert panel on how we can collectively respond to the issues and challenges attached to the quest for a more carbon neutral society.
Chair: Sharon Higgins, Director, Ibec Member Services
- David Williams, Vice President of Marketing, Schnieder Electric
- Malcolm Bell, CEO, Technopath and Envetec
- Aoife Beirne, Chief Technology Officer, Mergon