Tendo Technologies

Does a supply chain with healthy #ESG translate to higher shareholder returns? Yes, according to research from Northwestern University - Kellogg School of Management. An analysis of news reports of “negative ESG events like labor violations or revelations of environmental harm—within publicly traded companies’ supply chains” found a strong correlation to future stock performance. The higher the number of negative articles about a company, the lower its stock price was over the following year. The researchers also identified what could be three built-in advantages for companies that prioritize environmentally and ethically healthy supply chains: 💪 Their supply chains are more stable and less prone to disruption. 💲 They tend to avoid costly reputational damage with consumers and investors. ⚖ They’re often ahead of the curve operationally when new regulations come into effect. Learn more ➡ https://lnkd.in/gMzZA22B

The road to zero-emissions trucking travels through industrial gas. Battery-electric vehicles could make up as much as 35% of new medium-duty and 25% of heavy-duty truck sales by 2030 in North America and Europe, according to McKinsey & Company. Improved battery energy density and a robust charging infrastructure are expected to significantly reduce the total cost of ownership, on par in certain instances with traditional diesel trucks. Meanwhile, as demand for battery-powered transportation rises, so will battery manufacturing and industrial gas critical for production, most notably nitrogen. More at ➡ https://lnkd.in/efjKsVkh

The reporting of environmental impact data can create administrative bottlenecks, particularly for industries with complex supply chains like food and beverage manufacturing and distribution. Adopting an environmental traceability framework can help alleviate this, notes Harvard Business Review. Environmental traceability improves “transparency and efficiency of environmental reporting… throughout production, processing, and distribution,” with emphasis on and automating and standardizing data and technology where possible. #genAI can also be powerful tool with a traceability framework “as a prediction tool to support companies to make decisions, rather than make decisions for them.” More at ➡ https://lnkd.in/dy-TKXQC

Achieving emissions-reduction targets – both short-term by 2030 and longer-term by 2050 – will depend largely on how quickly energy infrastructure transitions from fossil fuels to electricity. But in some industries, electrification isn’t a feasible pathway. Enter green hydrogen. Hydrogen produced through water electrolysis that uses wind or solar power “is a potential game changer,” says Knowledge at Wharton: “It can be used in a range of industries that are the hardest to decarbonize: cement, steel refining, ammonia, glass, chemicals, pulp and paper, heavy road transport, aviation, and shipping.” Adopting green hydrogen could also be a direct boon to the industrial gas industry. Rising demand for solarvoltaic panels, in turn, would drive demand for gases that play a key role in their manufacturing. Read more ➡ https://lnkd.in/g_qQwZUH

Like other industries, digital transformation isn’t a new concept for food and beverage manufacturers. But a fresh approach to making necessary shifts lies in manufacturers thinking specifically about what they want to achieve through new technologies, says Food Engineering Magazine. “Automation, digitization and evolving regulations are changing the food and beverage processing world faster than ever. That’s why food and beverage processors need to ensure that their tech investments are truly future-ready.” More at ➡ https://lnkd.in/dVVDUiVs

Consider this paradox: groundbreaking discoveries at the cutting edge of science and technology happen every day in laboratories with equipment that’s anything but. That’s the scene set in a recent Chemistry World op-ed, which makes a case for labs to embrace the opportunities offered by #IIoT, #genAI and other #4IR advancements. Each lab may be unique, but all can benefit from the same goal of “connecting multiple systems and allowing information to flow between them.” Read more ➡ https://lnkd.in/ewvP29x3

As #4IR continues apace, industrial automation, #AI and #IIoT are reshaping human productivity and environmental impact. Sensors, in particular, are becoming a focal point for manufacturers at the leading edge, says the World Economic Forum. Sensor-equipped machinery is proving essential for “increased throughput and avoided downtime as machinery is more efficiently employed and maintained,” with McKinsey & Company estimating that sensors ultimately reduce maintenance costs up to 15%. Read more ➡ https://lnkd.in/ga9WeSS6

What do solar panels, electric vehicles and semiconductors have in common? They all rely on industrial gas in their manufacturing – and they’ll power everyday life by 2050. In its Global Energy Perspective 2024 report, McKinsey & Company projects that energy demand worldwide could increase by as much as nearly 20% by 2050. Renewable energy sources – particularly solar and wind – are expected to meet up to 80% of global power generation. Meanwhile, global electricity consumption is on pace to double or triple, driven by increased demand and adoption of data centers, electric vehicles and green hydrogen. Read the full report ➡ https://lnkd.in/eEkGvB-P

When some of us think of supply chains, we might envision a straight line moving from start to finish. EY argues, however, that ever-increasing complexity can’t be controlled by “the bridle of linearity”. Instead, organizations that implement the concepts of Industry 4.0 – “where agile and networked ecosystems break the linear paradigm” – will have the advantage. But as EY has observed among its clients, “they’re quickly realizing that such a move only happens through leveraging the right partners and technology.” Read more ➡ https://lnkd.in/guviPSsU

Industrial gas and critical metals are more alike than different – especially in the crucial roles both play in key manufacturing processes and value chains. In particular, platinum group metals could provide a valuable roadmap for the industrial gas industry in how it manages scarcity and mitigates environmental impact. Read more via World Economic Forum ➡ https://lnkd.in/ei-WHYPY