One of the biggest concerns in global industrialization and economic development is global climate change. Manufacturing is a major source of GHG and other emissions and is therefore responsible for substantial influences on both economic and sustainability issues. The major question is can we strive for industrial growth while also being aware of the devastating environmental impact of production?
The answer lies in green manufacturing, a process that is necessary to achieve long-term sustainability and safeguard the planet from additional threats of climate change. Green manufacturing focuses on changing business and manufacturing practices, along with the mindset of stakeholders, to mitigate the industrial impact on climate change and other environmental concerns. It is not just a buzzword. Manufacturers can drive sustainable practices within their manufacturing facilities, across the supply chain, and throughout the customer base through tangible ways. It’s high time that we standardize our manufacturing methods and outputs to reduce the negative impact on the environment.
Green manufacturing not only benefits the environment but also makes smart financial decisions. According to a recent United Nations report, CO2 emissions must be cut in half by 2030. As India sets off on an ambitious developmental agenda, green and sustainable manufacturing will play a key role in achieving this goal. Green manufacturing utilizes green energy solutions like renewable or non-fossil fuel energy, minimizes waste, promotes safe production, and reduces the environmental effect. Green practices are no longer just ‘good-to-have’. They are a ‘must-have’ as investors definitely look at a company’s sustainable performance along with its financial standing.
Organizations can incorporate green manufacturing in a variety of ways. They can develop and sell green products or adopt manufacturing processes that reduce pollution, waste, and emission and focus on recycling and reusing.
Using Renewable Energy
Manufacturing is an energy-intensive process. By using renewable sources, like solar and wind energy, for their energy needs they can help reduce the strain on the energy supply and consequently lessen the impact on the environment.
Increasing energy efficiency
Not only can organizations change their source of energy, but they can also make technology-enabled process improvements to reduce the amount of energy it takes to manufacture products.
Raw material substitution
Opting for alternative raw materials in manufacturing can go a long in reducing CO2 emissions. For example, 60% of the cement industry’s emissions are caused by decarbonation of limestone during the process of turning it into lime. CO2 emissions in cement manufacturing can be reduced using alternative raw materials that are produced as waste in other industries. Like ash could be used as an alternative to limestone to avoid CO2 emissions. This can also promote the circular economy.
As renewable energy consultants, we assist organizations in solving complex energy procurement and management challenges related to cost volatility, alternate sources of energy, strategic shifting of dependence from the traditional market approach. Our methodology for a long-term solution is based on
- Financial Impact & Risk assessment
- Customer readiness
- Internal Process understanding
- Learning & Growth of people
With overall team experience of 45 years in the Indian power sector, our array of services includes bespoke Electricity Regulatory Advisory, Energy Portfolio Management, Renewable Energy offtake & trade, open access services, Renewable Energy Projects management, to name a few. Being one of the leading CERC (Central Electricity Regulatory Commission) approved power trading companies in India, Altilium is managing a trade volume of over 15 MUs (million units) of Renewable Energy every month for its clients PAN India, as on date. Let’s explore together! Get in touch with us today to receive best-in-class technical project development and strategically beneficial services. Let’s start the discussion to monetize carbon and environmental attributes responsibly and effectively.
connect with us at firstname.lastname@example.org