The Drive to Sustainability
There is now a growing design space for executives to apply more sustainable processes to their existing operations and identify new areas of opportunity. This approach has the potential to reshape operations, creating a more efficient, sustainable and productive business model. However, this mentality isn’t solely applicable to energy intensive industries. We’re currently working with companies across various sectors from aviation to petrochemicals and consumer goods as more organisations explore opportunities to convert waste into more sustainable products to reduce the environmental impact of their businesses
This circular economy approach helps businesses find new purposes for waste products and supports creation of more sustainable supply chains. It is important to view operations as an ecosystem, where waste products from the process of one industry can bring value to operations in another. We have examples in a broad range of applications from household cleaning to fine fragrances and, with downstream partners, CarbonSmartTM materials for textiles and packaging. This shows that there are opportunities out there and enabling technologies that can contribute to achieving Europe’s ambitious climate targets.
In fact, the more creative your applications, the greater the rewards can be as more companies adopt open innovation and seek to form partnerships with like-minded businesses. It will likely not be a simple process – after all, being a pioneer always comes with unforeseen challenges – but taking this approach allows you to test and learn. By continually seeking out enhancements across your whole supply chain, sustainability can rightly be elevated to the status of a key business driver.
Looking to a Green Future
From shipping, aviation and steel to household products and fragrances, all industries have a role to play in driving this change. Through reducing their environmental footprint, executives have the capability to grow their business, produce new products and develop profitable services, all while benefitting the planet and consumers simultaneously.
People are now actively looking for private enterprise to lead the way in making their operations sustainable. This means that there is an enormous market opportunity for the companies out there that are willing to back up their words and walk the talk on meeting their sustainability objectives, because it is definitive actions that will actually make the difference.
In effect, this has now turned a negative externality into both a business opportunity and an environmental win at the same time. This shows the power of applying creative solutions to large-scale problems and offers a blueprint for other organisations to create their own ‘win-win’ situation for positive business and environmental results.