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Automotive OEMs that successfully integrate carbon net-zero strategies across their valuechains will not only achieve regulatory compliance but also secure strategic leadership in a decarbonized global economy. renewable energy adoption in manufacturing is projected to exceed 50% of the total energy mix by 2030.
Used across industrial and infrastructure applications, Siemens SIRIUS 3RV2 circuit breaker is now being manufactured using Ultramid BMBcertTM and Ultradur BMBcertTM from BASF, where fossil feedstock at the beginning of the valuechain is replaced by biomethane derived from renewable sources such as agricultural waste.
.” Over the last ten years, the L’Oréal Groupe has reduced its environmental impact across their valuechain and has set measurable targets for 2030 on climate, water, biodiversity and natural resources.
These certifications recognise Capral’s commitment to responsible production, sourcing, and management of aluminium products. The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium valuechain.
Aligned with the United Nations’ Sustainable Development Goals, SAP aims for net-zero emissions across its valuechain by 2030 and continuously improves energy efficiency. Moreover, as the push for emissions reduction spreads throughout every industry, SAP is well-positioned to guide its customers into sustainable practices.
With the United Nations 2030 Agenda for Sustainable Development in focus , the mission extends beyond adaptation to driving transformative growth across the agricultural domain. Modern ecosystem players are embracing sustainable agriculture practices with a sense of urgency, implementing innovative solutions to ensure resilience and growth.
Under the theme Beyond Boundaries: Co-Creating the Future Automotive ValueChain , the event captured the future of Indias auto sector from manufacturing to aftersales. Read on to peruse the top 5 growth opportunities our experts have brought to you from the Bharat Mobility Global Expo.
Professor May added that while LNG is a crucial source of energy throughout Asia and the world, it is far less recognised for its potential to speed the development of commercial-scale hydrogen. USD/kg, meeting the 2030 GOJ target of 3 USD/kg. Buckley, and Michael Johns.
Sustainability along the entire valuechain To become truly sustainable throughout the company, CERATIZIT will evaluate the entire valuechain with regard to environmental, social and governance criteria (ESG) while also including company partner cooperation.
Revenues of the global remanufactured automotive components market are projected to rise from $27 billion in 2022 to $42 billion by 2030. Growth in Latin America will be more price-driven, with proximity to North America enhancing the region’s potential as an alternative sourcing hub.
million by 2030, with all major automakers aggressively expanding their EV portfolios in the quest for zero emissions. Overarching both has been the need to foster economic and environment-friendly approaches across the valuechain that promote resource optimization, materials reuse, residual value protection, and extended lifetime.
Within this, the Danish brewer has committed to sourcing 30 per cent of all agricultural raw materials from regenerative practices and sustainable sources globally by 2030, reaching 100 per cent by 2040. “We cannot reach our targets alone.
HOUSTON — LyondellBasell will increase the company’s 2030 greenhouse gas (GHG) emissions reduction target for scope 1 and scope 2 emissions from 30 per cent to 42 per cent, relative to a 2020 baseline. LyondellBasell Increases Greenhouse Gas Emissions Reduction Targets, Includes Scope 3.
However, amidst this pressing need, security stakeholders across the valuechain are currently facing the uphill task of understanding customer dynamics and industry megatrends among many other requirements to build trust and ensure relevance in this ever-evolving landscape. billion globally by 2030.
The push for higher li-ion battery production in gigafactories will receive further impetus from governments keen to ensure domestic energy security and lower the dependence of their critical industries on external sources. CAGR over 2022-2030. CATL is far ahead with plans to hit 900 GwH in battery manufacturing capacity by 2030.
After two weeks of intense negotiations, world leaders pledged to halt and reverse biodiversity loss by 2030 by protecting at least 30 per cent of terrestrial and marine areas. G20 leaders also made a pledge in 2021 to plant one trillion trees worldwide by 2030 to mitigate climate change.
Embracing Holistic Approach: Addressing the complexities of decarbonization requires a holistic approach covering the entire valuechain, from carbon capture to utilization, and considering both Capex and Opex implications. Are your leadership devising technology strategies to achieve long-term sustainability goals?
.’s global goal of achieving zero emissions from its main production sites by 2030 and carbon neutrality across its valuechain by 2050, as announced at COP26. of CO 2 emissions, by both improving its energy consumption and through a wider use of energy from renewable sources.
A key piece of the puzzle in the energy transition, their deployment is crucial to providing the flexibility required to support higher levels of clean electrification relying primarily on variable renewable sources like wind and solar. AI is also playing a crucial role in transforming how BESS is manufactured, commissioned, and managed.
In concert, they are now enabling more responsible material consumption across the automotive aftermarket valuechain. Their transition to market maturity post 2030 will be accompanied by the emergence of Asia Pacific as a potentially high growth region. North America and Europe currently dominate the global reman aftermarket.
This very requirement of a multi-modal sustainable fuel source is where hydrogen will have a key role to play in a future decarbonized energy mix. ii] Types of Hydrogen Hydrogen can be produced through multiple sources. million tons per year by 2030 and 4 million tons per year by 2035. million tons to 8.5 million tons.
In concert, they are now enabling more responsible material consumption across the automotive aftermarket valuechain. Their transition to market maturity post 2030 will be accompanied by the emergence of Asia Pacific as a potentially high growth region. North America and Europe currently dominate the global reman aftermarket.
With new policy incentives set to create a more level playing field, Indian EV automakers will focus on investments, partnerships, and R&D to enhance local production capacity, boost domestic component sourcing, and expand enabling infrastructure. Partnerships and JVs across the valuechain will be crucial.
A reduction in energy usage, lower carbon dioxide emissions, closed-loop recycling — and even customer demands regarding ethical material sourcing — are of critical importance in meeting goals. Secondly, in the supply chain, removing virgin raw material from a mine generates large amounts of CO 2. For Hypertherm Associates , a U.S.-based
Henkel Adhesives Technologies Publishes Audited Method for Sustainability Assessment of Product Portfolio : As a global leader in adhesives, sealants and functional coatings Henkel Adhesives Technologies is constantly driving sustainability based on its Sustainability Ambition 2030.
The sheer scale of emissions generated underscores the urgency to transition towards cleaner energy sources. It is through such concerted measures that we can chart a course towards renewed support for the entire EV valuechain, including vital assistance to the CE industry.
As a testament to its success, Valeo currently remanufactures one million products annually and aims to double this capacity by 2030. The program aims to create an industrial base in France for manufacturing permanent sintered neodymium iron boron (NdFeB) magnets from independent material sources.
Aligned with its global 2030 sustainability strategy, ABB is actively enabling a low-carbon society as well as working with its customers and suppliers to implement sustainable practices across its valuechain and the lifecycle of its products and solutions. The Platinum-rated facility has many green features, including a 2.75
According to the International Energy Agency, close to 250 million EVs will be on the world’s roads by 2030. Therefore, circular economy practices in the electromobility domain are necessarily looking at ways to reintroduce end-of-life batteries safely and effectively into the valuechain. A Second Lease of Life.
COP28 aims to fast-track the switch to cleaner energy sources and phase out GHG by the end of this decade to drive a positive momentum change in the usage of clean and sustainable fuels in aviation. A unified approach by airlines and other stakeholders in the valuechain will be critical.
With fossil fuels being phased out of the commercial vehicle industry over the coming years, hydrogen power is seen as one of the possible new clean energy sources that could take their place. Hydrogen will be sourced from multiple green hydrogen projects across South Wales including Protium’s “Pioneer 2” and other projects.
KSA’s Vision 2030 and Port Modernization: The topic of discussion is the relationship between Saudi Arabia’s Vision 2030 and the modernization of its ports. Saudi Arabia is swiftly modernizing ports such as King Abdullah Port with advanced digital technologies in line with its Vision 2030.
ITAP 2024 will also be hosting the inaugural Red Hat Tech Summit by Red Hat Asia Pacific, one of the world’s leading providers of enterprise open-source solutions. CAGR through 2030, driven by rapid AI policy rollouts and increasing industry adoption. Register here to attend ITAP 2024. 2 These companies include Aishida Co.,
Launched in 2021, MGI aims at reducing GCC emissions by more than 60% from the production of hydrocarbon in the region and a reduction of 670 million tons of carbon emissions, both, by 2030.
India Energy Storage Alliance (IESA) expects the country’s EV market to grow at CAGR of 49 percent between 2021-2030. Another important role of retired batteries is as a source for mining raw materials for locally manufacturing new batteries for EVs. India’s EV story is no less riveting.
C requires a reduction of CO2 emissions by 45% from 2010 levels by 2030. [3] The United Arab Emirates (UAE) has also targeted to generate 50% of its electricity from renewable sources by 2050. market demands by 2030. 9] UAE –has set a target of installing 10 GW of energy storage capacity by 2030.
Companies are increasingly focusing on AI-driven battery management, localized production hubs, and bio-based materials to overcome supply chain challenges and regulatory constraints. Companies that embrace next-gen materials, predictive analytics, and localized production models will shape the future of energy storage by 2030 and beyond.
Regulatory oversight and market-driven forces are propelling companies to optimise energy use, electrify operations, and shift to low-carbon energy sources. The European Corporate Sustainability Reporting Directive (CSRD) further strengthens this shift by requiring businesses to report on direct and indirect valuechain relationships.
Consumers shift towards localized and sustainable energy sources, increasing demand for renewable energy solutions by up to 40% in certain markets. Advancements in carbon capture and storage (CCS) technologies are expected to reduce the cost of capturing CO2 by 30% by 2030. trillion by 2030.
E: Estimates; F: Forecasts; Sources: World Bank; Frost & Sullivan Below are the scenario-wise assumption highlights underpinning our forecasts: Baseline Accelerated Pessimistic Global GDP growth ranges between 3.0%-3.2% Supply chain diversification continues at the current pace. Data stands updated as of 11 th September 2024.
Adapting to these developments will be crucial for companies looking to grow amid this evolving landscape: Mitigating Supply Chain Risks: by diversifying supplier and infrastructure sourcing strategies to foster more resilience. Talent Mobility Restrictions : combating cross-border labor restrictions to nurture skilled talent in 5G.
Companies that integrate AI-powered analytics, digital health solutions, and direct-to-consumer platforms will lead the industry into 2030 and beyond. Exploring how the expansion of renewable energy sources impacts growth. Minimize Churn : Focusing on customized solutions, value creation, and employee engagement.
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