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📢 The 34th edition of Fitsol's Sustainability newsletter is here- https://lnkd.in/gp4H63Nd 🌍 This week has seen exciting strides in global supply chains, clean energy, and sustainability efforts. Here’s a quick snapshot of the top news: ▶ Global supply chain disruptions, especially the semiconductor shortage, are pushing automotive companies to diversify and build more resilient supply chains 🚗🔗 ▶ #India is raising the bar on manufacturing standards, boosting global competitiveness, innovation, and sustainability through certifications like ISO 🏭 ▶ India’s National Logistics Policy is driving efficiency by digitizing cargo tracking and cutting logistics costs 📦🚀 ▶ India and the US are teaming up to secure $1 billion in funding to supercharge clean energy manufacturing for solar, wind, and battery technologies 🌞🤝 ▶ Timber Packaging and Pallet Confederation TIMCON reports a 10.6% increase in wooden pallet reuse, advancing circular supply chains and sustainability goals ♻️📦 ▶ Science Based Targets initiative updates its Corporate Net-Zero Standard, strengthening net-zero claims with refined carbon removal and storage practices 🌱🔄 ▶ National Renewable Energy Laboratory’s research shows higher biodiesel blends can be used in diesel engines, promoting biodiesel as a sustainable fuel alternative 🛢️🌿  ▶ NASH ENERGY (I) PVT LTD commissions India’s first large-scale LFP lithium-ion cell plant, advancing EV and energy storage innovations 🔋⚡ ▶ #Fortune 500 companies are speeding up emission reductions by using carbon credits, showcasing strong sustainability commitments 🌍💼 #ESG #Sustainability #Manufacturing #Supplychain #Netzero #Carbonfootprint Anand Akshay Manoj Sunil Vikas Yeshvanth

Great to see focus on building #sustainable & #resilient #supplychain. This newsletter covers the most important happenings in the supply chain domain particularly in logistics. Did you know transportation as an emission category could be contributing to almost half your overall emissions? #scope3emissions

NGen Launches $100 Million Sustainable Manufacturing Challenge   NGen Canada has launched a new call for project proposals for its Sustainable Manufacturing Challenge. These Projects will aim to accelerate the application of Canadian cleantech and other advanced technologies to improve the environmental sustainability of Canadian manufacturing. NGen will invest up to $35 million of Global Innovation Cluster funding and will raise more than $65 million from industry in launching $100 million in new collaborative projects.   The Sustainable Manufacturing Challenge is seeking projects that will support Canada’s path to net-zero greenhouse gas emissions and target challenges like emissions reduction.   Projects must be collaborative and transformative, promising to push the boundaries of advanced manufacturing technology and world-class cleantech. Projects should pursue one or more of the following objectives: > Reduction of greenhouse gas emissions > Reduction of energy usage and natural resource consumption > Operational efficiency gains > Waste reduction > Use of recycled and sustainable materials > Full life cycle product management and closed loop manufacturing > Circular manufacturing of materials https://lnkd.in/gaHH2w5b

The Steelex 2024 conference, organized by AIIFA (now the "AIIFA Sustainable Steel Manufacturers Association"), focused on "Green Revolution in Steel – Sustainable Innovations." This event brought together key players from India’s secondary steel sector to discuss sustainability with government officials, including Union Minister for Heavy Industries, Shri H.D. Kumaraswamy, & Minister of State, Shri Bhupathiraju Srinivasa Varma, both of whom affirmed the government’s support for green steel initiatives & climate action. Across 2 days, the industry outlined 5 crucial demands: Defining Green Steel: Establishing clear definitions to promote sustainability. Recycling as Raw Material: Encouraging recycling for consistent raw material supply. Green Steel in Govt Projects: Mandating 20% green steel in public projects. Steel Clusters as Hubs: Positioning clusters as key production hubs. Tackling Carbon Emissions: Targeting power generation as a key source of emissions. The sector, relying heavily on scrap metal, was recognized for its lower carbon emissions, nearing international benchmarks. While the global average is 1.6 tCO2 per ton of crude steel, India’s average is 2.54, but secondary steel plants are performing better due to recycling. To further reduce emissions, key action points are: Scaling up Low Carbon Technologies (LCTs) - could cut energy use & GHG emissions by 30-45%. An investment of Rs 30-50 lakh could achieve a 1000 tCO2 annual reduction, more cost-effective than solar power Collaborate with International R&D: Drawing inspiration from Sweden's green hydrogen-powered net-zero steel mill & Germany’s solar furnace, India can adopt Best Available Technologies Improve Logistics: Transitioning to rail & waterways could lower costs & emissions, as transport currently contributes 16% of production costs. Assessing Emissions: The industry can evaluate Scope 1, 2, and 3 emissions to craft precise climate strategies Preparing for Global Regulations: With net-zero goals & EU’s Carbon Border Adjustment Mechanism (CBAM) on the horizon, small-scale mills need to adapt Upskilling Personnel: There’s a significant need to train plant workers in adopting LCTs A notable shift was the active involvement of young, second-generation steel mill owners. They led discussions, presented demands, and directly engaged with stakeholders. Their white paper, "Decarbonization Imperative: Transforming the Indian Steel Industry," demonstrated their leadership in driving innovation in green steel The conference, attended by over 2000 participants, reflected AIIFA’s growth, with its membership rising to 1500, representing nearly half of the secondary steel industry. The renaming of AIIFA underscores its commitment to sustainable practices. Steelex 2024 marked a pivotal step in decarbonizing India’s steel industry, with young leaders and LCTs playing essential roles in shaping the future. My best wishes to Yogesh Mandani and Kamal Aggarwal, President and Secy Gen. of AIIFA.

Glass, a versatile and fully recyclable material, plays a crucial role in environmental sustainability. Unlike plastics, glass can be endlessly recycled without loss of quality, reducing the need for raw materials and lowering carbon emissions. Its inert nature means it doesn't leach chemicals, making it safer for food and beverage storage. Innovations in glass production, such as using recycled glass (cullet), further enhance its eco-friendly profile by cutting energy consumption and reducing waste. Looking ahead, the future of glass in promoting a friendly environment is promising. Advances in manufacturing techniques and increased use of renewable energy in production are set to make glass even more sustainable. Researchers are exploring ways to make glass production carbon-neutral and to enhance its applications in energy-efficient buildings and renewable energy technologies, such as solar panels. As global emphasis on sustainability grows, glass is poised to play an increasingly significant role in fostering a greener planet.

As sustainability takes center stage globally, the chemicals industry is navigating a transformative phase. The shift toward clean energy is reshaping its landscape and opening doors to new, sustainable pathways. From adopting eco-friendly practices to harnessing the power of digital transformation and exploring the potential of advanced materials, the opportunities are vast and varied. Discover the evolving future of the chemicals sector in our report: https://lnkd.in/egn--ZvV #AtradiusAsia #AtradiusInsight #CleanEnergyTransition

👣 Come and join us on our sustainability journey! 👣 At VISIOMER® Specialty Methacrylates, we are committed to taking responsibility for our contribution towards creating a more sustainable world. That is why a "credible foundation" is one of the core principles of our sustainability strategy. Our focus is on significantly reducing our carbon footprint by 2030, and we are taking several steps to achieve this goal. 👣 We offer our customers life cycle assessments that show the carbon footprint of our products, so that customers can make informed decisions about the environmental impact of our products. 🔋We are investing in renewable energy, reducing waste and emissions. 💡We are increasing the use of sustainable raw materials and are always looking for innovative ways to further reduce our carbon footprint. We believe that with these measures we can make a real difference in the fight against climate change. Learn more about our principles. Together, we can have a positive impact on the planet. #sustainability #Evonik #VISIOMER #specialtymethacrylates #carbonfootprint #renewableenergy https://lnkd.in/e5s4rjWg

Great to see Australian innovation tackling such big sectors and big impact problems. The team at PlasmaLeap Technologies, along with leading academics, has been working to decarbonise a number of chemical production methods. This is a critical part of reaching net zero by 2050, given the substantial share of global GHG emissions made up by chemical production and usage. Sustainable, with zero emissions and also cost effective - this is what customers need to support new technology at scale. Sustainable aviation fuel is one example. https://lnkd.in/gUCRiiRQ

🌍 Discover how Lenzing Group uses digitalization to optimize plants and contribute to a sustainable circular economy on #GlobalRecyclingDay! ♻️ With a focus on renewable raw materials like wood, Lenzing aims to minimize waste and maximize product lifespan. At the heart of the technology partnership between us is the digital twin, which is based on the seamless implementation of our Siemens Industry solutions. Together, we enhance production efficiency and increase output. 💡 #Sustainability #DigitalTwin #Digitalization #CircularEconomy

𝑰𝒏 𝒕𝒉𝒆 𝒆𝒗𝒆𝒓-𝒆𝒗𝒐𝒍𝒗𝒊𝒏𝒈 𝒘𝒐𝒓𝒍𝒅 𝒐𝒇 𝒔𝒖𝒔𝒕𝒂𝒊𝒏𝒂𝒃𝒊𝒍𝒊𝒕𝒚, recent advancements are setting new benchmarks for green practices across various industries. Here’s a roundup of the latest milestones and insights. 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 ▶ Renewables Dominate: In the first half of 2024, renewables provided half of the EU's power generation, showcasing a significant shift towards low-carbon energy sources ( ). ▶ Corporate Climate Action: Boeing's 2024 Sustainability & Social Impact Report highlights substantial progress in global aerospace safety, innovation in clean technologies, and enhanced diversity and inclusion efforts (MediaRoom). ▶ Policy and Public Support: A recent poll reveals strong public backing for easing planning rules for clean energy projects, indicating growing support for ambitious climate action plans. ▶ New Green Technologies: Researchers have developed eco-friendly lubricant additives that protect turbine equipment and waterways, marking a significant step forward in industrial sustainability. ▶ Corporate Responsibility: Voluntary emissions targets set by corporations have been deemed insufficient, underscoring the need for more robust climate actions to achieve meaningful results. ▶ an we? we are keeping ahead with our sustainable fashion approach - what are you doing in your industry? Stay ahead in your industry by embracing these sustainable innovations and practices that benefit the planet and drive business success. 🗞 READINGS OF TODAY https://lnkd.in/eDzHBg4