Sustainable Manufacturing Portal

Benefits to the Industry

More and more policies and new legislations are developed to support the fundamental concepts within sustainable development. Consumers are becoming more aware of the responsibility of industries towards the environment and start to demand for the eco-friendly products and services. Industries that are proactive in implementation of sustainable development will benefit due to early adaptation to the changes and the ability to find new business opportunities in these changes.

Besides, sustainable development in many ways helps in cost saving, efficiency improvement and waste reduction in the product and service life cycles, thus creating more profits and values.

Sustainable development benefits enterprises in four main areas, as shown in the figure below:-

Benefits to The Industry for Being A Sustainable Enterprise

'The world is at the beginning of a reconstruction of its production base. Unsustainable enterprises will be ended, partly sustainable enterprises will be changed, and wholly sustainable enterprises will take the lead and their establishment will be stimulated.'

~ The European Foundation ~

Consumer votes for greener product with their wallet-
Between 1988 and 2001, Global sales of energy-efficient compact fluorescent Lamps (CFLs) increased more than 13-fold, and the electricity saving is equivalent to that produced by nearly 40 medium- sized coal-fired power plants.

~ Vital Signs 2002, Worldwatch Institute ~