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Cevitas | How Manufacturing Companies Are Combat Climate Change
Cevitas | How Manufacturing Companies Are Combat Climate Change civitas-initiative .org Home Site Map Terms Manufacturing Companies Combat Climate Change Learn More Climate change Climate change has become a major concern for all sectors of life including social and industrial. Various sectors of the economy now have to consider their carbon footprint and how their methods are contributing to climate change. Manufacturing is a resource-intensive process that also releases massive amounts of gas emissions as by-products. So What Are Manufacturing Companies Doing to Combat Climate Change? Transparency Audit and report GHG Protocol Corporate Accounting and Reporting Standard to follow Information reliably compare carbon emissions and the impact of sustainable measures taken Corporate Social Responsibility Corporate Governance guidelines, providing the information to the public and the company's stakeholders such as shareholders. Reduce CO2 Emissions Using hydrogen Reduction of CO2 emission by using hydrogen as a reducing agent instead of coal in the blast furnace process. Apart from reducing CO2 emissions, the change has the potential to save users up to 20% in production costs. Blast furnace to direct reduction Another method used to reduce CO2 emissions is the conversion of the blast furnace to direct reduction. This process produces sponge iron which can be processed into crude steel and saves the company between 20 and 30% in production costs. Streamline Supply Chain Contribution of suppliers Include the contribution of suppliers in calculation and reduction of the carbon footprint and streamline their activities to be energy efficient and minimize the emission of greenhouse gases to the atmosphere. Social and regulatory changes This process will however need to be multifaceted and involves the cooperation of: Manufacturers, Suppliers, Government agencies, Regulators, Innovators. Reducing Energy-Related Greenhouse Gas Emissions Firstly, by consistently using energy-efficient appliances such as light bulbs, air conditioners, and mechanical appliances. These reduce the overall energy consumption and lower the cost of energy for the company. Secondly, companies can meet their energy requirements by using energy from renewable sources such as solar and hydropower. Companies are encouraged to use decentralized power generation methods to reduce the strain on national and regional power grid systems. © Copyright. . civitas-initiative .org - All Right Reserved. Terms | Site Map
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Cevitas | How Manufacturing Companies Are Combat Climate Change
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