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Global Benchmarking of Sustainability Trends in Industrial Sector

  • Report

  • 43 Pages
  • March 2019
  • Region: Global
  • Frost & Sullivan
  • ID: 4761494

The Sustainability Strategies of Responsible Global Industrial Companies Are Focused on Achieving a Low-Carbon, Resource Efficient and Socially Inclusive Economy

Over the past decade, the topic of sustainable development has gained importance across various sectors. The development of this topic has been driven by increasingly stringent regulations in different industry sectors, higher potentials for product diversification and increased public awareness. Industrial sector plays an important role for achieving a green and sustainable economy. On a global scale, the industrial sector accounts for one third of total greenhouse gas (GHG) emissions—more than residential, commercial, or transportation sectors. The sustainability strategy development of various companies in industrial segment has witnessed a shift towards the green economy concept which is vastly influenced by the “Sustainable Development Goals” developed by the United Nations in 2012. The stakeholders in industrial segment device sustainability strategies and business models that enable a low-carbon, resource efficient and socially inclusive economy. The research service is focused on the profiling and benchmarking of various sustainability strategies developed and adopted by global companies in industrial sector -  Siemens, Philips, Schneider Electric, ABB, Veolia and CNH Industrial.

Table of Contents

1.0 Executive Summary
1.1 Research Scope
1.2 Research Process and Methodology
2.0 Need for Sustainability in Industrial Sector
2.1 Environmental and Societal Attributes Drive the Need for Sustainability in Industrial Sector
3.0 Emerging Sustainability Trends in the Automotive Sector
3.1.1 Collaborations with International Sustainability Organizations Drive Siemens’ Eco Products Development
3.1.2 Carbon Neutrality is the Core of Siemens’ Sustainability Strategy
3.1.3. Siemens Adopts Distributed Energy Systems and Renewable Energy for Reduced Carbon Footprint
3.1.4. Sustainability Development Goals (SDGs) Addressed by Siemens
3.2 Philips
3.2.1 Energy-efficient Lighting is the Key Eco Product Development Focus Area
3.2.2. Philips Aims to Achieve Carbon Neutrality by 2020
3.2.3 Philips’ Sustainability Strategy Covers Social as well as Ecological Dimension
3.2.4 Sustainability Development Goals (SDGs) Addressed by Philps
3.3 Schneider Electric
3.3.1 Schneider Electric Partners with International NGOs to Improve Energy Security
3.3.2 Schneider Electric’ Sustainability Strategy has Climate and Circular Economy as Key Focus Area
3.3.3 “Schneider is On” Strategy Aids Schneider Electric to Improve its Sustainability Performance
3.3.4 Sustainability Development Goals (SDGs) Addressed by Schneider Electric
3.4 ABB
3.4.1 ABB has Received a Bouquet of Awards from International Organizations for its Sustainability Initiatives
3.4.2. Emissions and Waste Reduction are the Key Sustainability Strategy Focus Areas
3.4.3 “ABB Ability” helps ABB in Strengthening its Eco Product Portfolio
3.4.4 Sustainability Development Goals (SDGs) Addressed by ABB
3.5 Veolia
3.5.1 Veolia has been highly Rated by International Bodies for its Climate Change Combat Efforts
3.5.2. Circular Economy is the Central Theme of Veolia’s Sustainability Strategy
3.5.3 Veolia Designs Water and Waste Management Systems with Improved Resource Recovery Potential
3.5.4. Sustainability Development Goals (SDGs) Addressed by Veolia
3.6 CNH Industrial
3.6.1. CNH Industrial Partners with Research Societies and Universities to Increase Sustainable Innovations
3.6.2. CNH Industrial’ Sustainability Strategy Stresses the Use of Recovered Resources in its Manufacturing Process
3.6.3. Increased Adoption of Eco-Design in CHN Industrial’s Product Portfolio in the Recent Years
3.6.4. Sustainability Development Goals (SDGs) Addressed by CNH Industrial
4.0 Annexure
4.1 Sustainable Development Goals (SDGs)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ABB
  • CNH Industrial
  • Philips
  • Schneider Electric
  • Siemens
  • Veolia