Supply chain News and trends

Honeywell, an American conglomerate specializing in various industries, including manufacturing. It has recently committed to reaching carbon neutrality by 2035 and plans on achieving this goal through investments in energy-saving projects, a transition to renewable power sources and other similar initiatives.

The U.S.-based company’s sustainability goals have been at the forefront of its operations since 2004, and since 2010, it has taken on over 5,700 sustainable projects and saved $100 million per year.

Another notable company is Henkel, is a leader in the household and personal care manufacturing market. It has a comprehensive sustainability strategy that’s been the focus of its operations for 140 years. The company believes eco-friendliness and business success go hand in hand.

Henkel releases its sustainability report annually, showing goals it’s reached or is striving to. The organization ranked among the “2021 Global 100 Most Sustainable Corporations in the World,” a notable achievement that only a few organizations receive.

Then there is Ørsted, a multinational power company located in Denmark, which has made noteworthy progress in achieving its sustainability goals. The world’s most sustainable company for three years running, Ørsted says it is committed to fighting climate change, transitioning to renewable energy and decarbonizing the global supply chain. Ørsted has earned 62.2% of its revenue from renewable energy, reduced carbon emissions by 47% and spent millions of dollars in green investments.

Via EcoVadis

Current global emissions targets will only be achieved through the acceleration of innovative technologies, enabling industries to pivot their organizations towards sustainable operations. Digital technology may be the most powerful, scalable tool the world has to tackle climate change and 5G is at the forefront of this effort.

Operators of wireless networks have already taken numerous steps to limit emissions, such as reducing energy consumption, switching to more efficient network equipment, and sourcing renewable energy. However, offsetting the growth in data volumes over mobile networks will require more than improvements to current networks.

The impact of 5G is threefold in its potential to combat the effects of climate change: 5G, with its substantially greater energy efficiency, will reduce greenhouse gases, abate the emissions of other industries, and enable more precise monitoring of our environment to help meet broader climate change commitments.

Via EcoVadis