クリーンテクノロジーかエンドオブパイプか：メーカーはどちらを選択すべきでしょうか？
When you think about manufacturing, what comes to mind? Perhaps it’s the hum of machinery or the intricacy of assembly lines. However, beyond these familiar sights and sounds, the global environmental, social and governance (ESG) movement is vastly reshaping the industry’s traditional image. ESG has become a top priority in boardrooms across the world, meaning that manufacturers are increasingly turning to eco-friendly practices and technologies to respond to mounting pressure for compliance. When considering which technologies to invest in, there are two main categories for leaders to take note of: “clean technology” and “end-of-pipe technology.” While both aim to mitigate environmental impact, they are significantly different approaches. Understanding the strengths […]
クリーンテクノロジーでネットゼロを達成する: 透明性が重要な理由
In the race towards net zero, the manufacturing sector has joined many other global industries that are furiously working towards becoming more sustainable. To navigate the path to decarbonisation and reduce their environmental footprint, manufacturing leaders will require more cutting-edge technologies, such as cleantech. The Cambridge Dictionary defines clean technology or cleantech as a solution that prevents harm to the environment. Recycling and renewable energy are good examples of cleantech. Although cleantech is gaining momentum as a critical solution, as investments grow, stakeholders are demanding greater transparency to ensure accountability. Cleantech funding soars, but there’s a catch According to Statista, in 2023, global investments in low-carbon cleantech soared by 17 […]
製造業におけるクリーンエネルギー：水素はついに実現可能になるのか？
In the fast-evolving global manufacturing landscape, Chief Executive Officers (CEOs) face mounting pressure from governments and society to slash carbon footprints and achieve net-zero emissions. The International Energy Agency (IEA) has reported the manufacturing sector is responsible for about 25 per cent of global greenhouse gas emissions, underscoring the need for businesses to act now. To address the sector’s significant emissions, it is imperative manufacturers adopt cleaner solutions such as hydrogen to progress towards a more sustainable future. The World Economic Forum (WEF) asserts that hydrogen is poised to support the greening of various sectors, including the manufacturing industry, because it offers diverse applications, is abundant and, when burned, omits […]
EUDR and how COSIRI-24 can help
The impact of the EU Deforestation Regulation (EUDR) Understanding the implications of the EU Deforestation Regulation (EUDR) is crucial for companies to ensure compliance and mitigate risks. Effective December 30, 2024, the EUDR will require businesses to submit comprehensive Due Diligence Statements. This new regulation is set to impact numerous industries by mandating proof that products entering or exiting the EU are free from recent deforestation and forest degradation. The Consumer Sustainability Industry Readiness Index (COSIRI) offers a robust framework to help businesses navigate these new regulatory requirements. Seven critical dimensions within the COSIRI-24 framework including Compliance Risk, Supplier Assessment, Sustainable Procurement Process, Supply Chain Planning, Product Design, Technology Adoption, […]
ESGデータガバナンスの欠如が製造業の持続可能性の進歩に与える影響
The rising influence of Environmental, Social, and Governance (ESG) expectations are starting to become more and more critical with every passing day for industries, inclusive of manufacturing, but there is a silver lining. It has been suggested by Forbes that ESG-focused activities can be “a golden opportunity to improve your business by adopting best practices that contribute value” but these new strategies also add another significant layer of complexity to manufacturing businesses during an already disruptive time. In relation to sustainability efforts, how important is ESG data governance? ESG data management’s role in sustainable manufacturing The practice of managing and applying ESG-related information effectively, ESG data governance, is increasingly opening […]
INCIT & SHRDC strengthen collaboration through sustainable manufacturing seminar
Friday, 15 March 2024, Singapore – On 28 February 2024, the International Centre for Industrial Transformation (INCIT) took part at the well-attended IED Sustainability Coffee Talk hosted by the Selangor Human Resource Development Centre (SHRDC) in Shah Alam, Selangor, Malaysia. In light of the growing focus on sustainability and ESG, this event was a timely opportunity for industry leaders and luminaries to have an open conversation about how to drive manufacturing towards a more sustainable trajectory. Attendees agreed that sustainability is not just a trend but must be embraced within the manufacturing industry. To do that, they shared valuable insights on topics like decarbonisation technology, sustainable finance, and […]
Harnessing technology to advance environmental compliance in manufacturing
Climate change profoundly impacts daily life in every country worldwide. According to WEF’s Innovation and Adaptation in the Climate Crisis report, in 2022, natural disasters alone cost governments and businesses over $200 billion – 40% greater than the annual average for the past 20 years. So, governments and corporations must lead the way in taking necessary steps to cut global greenhouse gas (GHG) emissions so we can all move closer to Net Zero, particularly in high-emission generating sectors like manufacturing. In manufacturing, more companies have committed to improving their sustainability efforts in recent years, and several nations have committed to Net Zero by 2050. But for these initiatives to be […]
INCIT® is now a registered trademark – INCIT®’s portfolio growing rapidly
Great news! We have successfully registered “INCIT” as the trademark of the International Centre for Industrial Transformation. This helps us consolidate and establish our brand so we can continue to grow our presence and reach, in both the region and globally. Aside from driving Industry 4.0 transformation through the Smart Industry Readiness Index (SIRI), we now also help manufacturers benchmark and boost sustainability with our Consumer Sustainability Industry Readiness Index (COSIRI). Supplementing these indexes is our ManuVate platform which aims to foster greater innovation and collaboration in the manufacturing community and solve challenges to enable even more effective transformation. On top of that, we’re launching our Global Executive Industry Talks […]
Growing COSIRI’s reach: Capgemini trains and certifies first batch of sustainability assessors for Europe and Americas
INCIT is proud to share that our acceleration partner Capgemini has recently concluded the training and certification of the world’s first European and American COSIRI assessors. This will scale COSIRI to reach more manufacturers worldwide. COSIRI, or INCIT’s new Consumer Sustainability Industry Readiness Index, was launched earlier this year to help drive smarter and more sustainable manufacturing across the globe, and our COSIRI assessors have an important role to play in enabling this transformation. Assessors will conduct official assessments of manufacturing organisations using the COSIRI framework. This will provide the business with a measure of its performance on the sustainability front, enable benchmarking against its peers, and help the business […]
How to drive smart, sustainable manufacturing with COSIRI
Sustainability demystified with the Consumer Sustainability Industry Readiness Index! How can consumers hold manufacturers accountable when it comes to sustainability and transparency? With the Consumer Sustainability Industry Readiness Index (COSIRI) – a neutral and objective sustainability benchmarking framework – consumers will have the power to put pressure on manufacturers to accelerate their decarbonisation and achieve greener outcomes for all. Learn more about COSIRI and how it can mitigate greenwashing on the path towards Net Zero. Feel free to download the video and share it with your network – together we can drive change for the better. Download now
Global Sustainability Prioritisation Index to accelerate the journey to net zero for manufacturers
Monday, 27 February 2023, Singapore. At the recent World Economic Forum Annual Meeting 2023 in Davos, the International Centre for Industrial Transformation (INCIT) launched its Consumer Sustainability Industry Readiness Index, or COSIRI. The first of its kind, COSIRI is an independent, manufacturer-centric framework that is set to benchmark the sustainability maturity of global industry players and their ESG transparency and reporting. The World Economic Forum, INCIT, and business and technology transformation company Capgemini will join forces to scale and accelerate COSIRI. COSIRI guides manufacturers to make more informed decisions on sustainable transformation based on COSIRI-system-generated proposed next steps. Additionally, the COSIRI framework includes a sustainability star rating system that indicates […]
INCIT launches Global Sustainability Prioritisation Index COSIRI: applications open for training and examination
INCIT has launched its newest framework, the Consumer Sustainability Industry Readiness Index (COSIRI). COSIRI is an unbiased, structured manufacturer-centric framework that is set to benchmark the sustainability maturity of global industry players and their ESG transparency and reporting. It provides a holistic view, incorporating all sustainability elements. Designed with Development Partner McKinsey & Company, COSIRI will help manufacturers make more informed and sustainable transformation decisions through system-generated proposed next steps. COSIRI also introduces a sustainability star rating system that indicates the carbon dioxide reduction of the manufacturer. Organisations that wish to assess their sustainability performance using COSIRI will be evaluated across four dimensions: strategic climate risk mitigation, sustainable business processes, clean […]
APAC ネットワークインタビュー: 製造業は気候変動の課題に立ち向かえるか?
With manufacturing responsible for two-thirds of the world’s total greenhouse gas emissions, companies within the industry must re-evaluate their sustainability goals and efforts and identify new ways to reduce their emissions. This growing focus on sustainability has driven innovation in manufacturing, leading to increasing use of advanced solutions like re-manufacturing and artificial intelligence to give many companies’ green efforts a boost. But more still needs to be done for global manufacturing to achieve its sustainability goals and reach its Net Zero objectives. To explore the latest manufacturing insights and how manufacturers can innovate further, INCIT CEO Raimund Klein and Francisco Betti, member of INCIT’s Board of Directors and Head of […]
