ESG and Smart Manufacturing and Leading Sustainability and Change - PowerPoint PPT Presentation

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ESG and Smart Manufacturing and Leading Sustainability and Change

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Smart manufacturing sector’s ability to meet its ESG objectives largely depends on its ability to innovate and public sectors is here.. For more details please visit our website – PowerPoint PPT presentation

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Title: ESG and Smart Manufacturing and Leading Sustainability and Change


1
ESG and Smart Manufacturing Leading
Sustainability and Change
www.violintec.com
2
(No Transcript)
3
Environmental, Social, and Governance (ESG)
standards assist organizations in improving and
being more accountable for their impact on the
environment, civic responsibility, and
organizational governance. Environmental How
the manufacturing of commodities affects the
usage of energy, resources, and materials, as
well as influencing the climate. Social The
social cues include employee and community
participation, health and safety of workers,
human rights, diversity and inclusion, and
conflict minerals audits. Governance It
includes non-financial reporting assurance of
those reports responsible taxation board
composition compensation for executives
shareholder rights ethics corporate
investigations supply chain management product
quality cyber security and data protection.
4
  •  
  • ESG Innovation In Supply Chain
  • Fundamentally, the ESG criteria guide
    eco-friendly, socially-acceptable, and
    ethically-righteous supply chain activities,
    particularly procurement, sourcing, and supplier
    relationship management.
  • Risk In Supply Chain
  • Traditional key factors in supply chains are
    technical quality, cost-efficiency, rapid
    delivery, and reliability.
  • Examples of some risks in the supply chain
    include
  • Environmental pollution
  • Limited natural resources and raw materials.
  • Health and safety challenges at work
  • Labor conflicts
  • Bribery and corruption
  • Geopolitical concerns

5
  • Five Practical Steps For ESG Implementation
  • Evaluate And Measure Attributes Of Your Business
  • Draw Out Stakeholders
  • Prioritize Company Values
  • Set Objectives And Indicators
  • Build Recurrent Success Milestone

6
  • How Manufacturers Help In The Implementation Of
    The ESG Strategy
  • Manufacturers must use innovative technologies to
    get the visibility, accountability, and data
    necessary to construct and maintain ESG
    initiatives.
  • We have summarized a few key points of how smart
    manufacturers can implement ESG strategies most
    effectively
  • Collaborate To Achieve Significant Progress
  • Initial Supply Chains Involvement Provides
    Efficiency
  • Cast A Wider Net To Implement Great Innovations
  • Beyond The E, You Must Also Address The S And
    The G
  • Effectively Manage The Transition

7
  • The Advantages Of ESG For Manufacturing Company
  • Only through the meaningful and deliberate
    incorporation of ESG into a companys operations
    can social and environmental objectives be
    aligned and financial performance is enhanced.
  • Consulting engineers can support integration in
    multiple ways through innovation.
  • Sustainable Development Many novel ESG
    concepts, such as social and environmental impact
    studies, circular economy models, and product
    differentiation, can be incorporated into the
    integrated design process for engineering
    projects.

8
  • The Advantages Of ESG For Manufacturing Company
  • Asking the appropriate questions at the beginning
    of a project enables engineers to make innovative
    and well-informed decisions that affect the
    projects conclusion.
  • Innovative And Emerging Technologies are
    essential for integrating ESG into project
    design, implementation, and management.
  • Engineering businesses employ developing
    technology such as environmental management
    systems, void analysis tools, and impact
    reporting software to highlight the benefits of
    sustainability innovation in their projects.

9
For more details please visit https//www.violint
ec.com/
10
Your Global Contract Manufacturing and Sourcing
Partner
Thak You
THANK YOU
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