Consensus can often be difficult to reach. Whether around public policy or business actions, there are usually differing views, priorities and objectives that need to be aligned to reach agreement. As we look towards the future of manufacturing, there is one area where all stakeholders in the sector are united: the critical importance of decarbonizing our industry.
The nature of manufacturing makes this goal ambitious. Manufacturing is one of the largest contributors to carbon emissions globally. In the US, the sector accounts for nearly a quarter of direct carbon emissions, and in Europe around 880 million tonnes of carbon dioxide equivalents can be attributed to manufacturing. Reaching the Paris Agreement target of net-zero carbon manufacturing by 2050 will involve concerted efforts at various levels on reducing emissions, increasing energy efficiency, and improving collaboration across the value chain.