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Sustainability is a mindset that integrates eco-design principles to create products with a smaller environmental footprint and ultimately ensure a healthier planet for life on Earth. To achieve true sustainability, all stakeholders must play their part.
The electrification of processes and technologies plays a crucial role in the transformation of the chemical industry toward a climate-neutral orientation. The German chemical industry will require huge amounts of additional electricity. The current demand of around 53 TWh will multiply to 685 TWh.
Carbon capture is crucial for a climate-neutral future. Cement production alone accounts for about 5 % of global CO2 emissions. Efforts to improve energy efficiency of cement production and regulation of carbon emissions can also incentivise the industry to reduce CO2 emissions.
Germany has set itself the goal of achieving climate neutrality in the heating sector by 2045. A large proportion of energy is used for heating, almost 70 percent of which is fossil fuels. Natural gas in particular. Since the war in Ukraine, Germany wants to get by without Russian natural gas as quickly as possible.
Sustainability and market intelligence are crucial to understanding and analysing the current and future state of a market. Incorporating sustainability into market intelligence can help businesses to identify opportunities and risks related to environmental, social, and governance (ESG) issues.
To achieve objectives of greenchemistry, first steps are taken in the direction of achieving circular chemistry. At the moment efforts are concentrating on reducing the share of non-renewable raw materials. These efforts are directed to enhance the reuse in entire value chain thereby optimizing resource efficiency.
The construction industry consumes resources in a way that is not sustainable, using large quantities at a high rate. According to the World Green Building Council it generates an estimated 39 percent of global carbon emissions.
If you follow the press releases and annual and sustainability reports of leading German automakers and suppliers, you might think that the automotive industry in this country is one of the pioneers when it comes to sustainability.
Sustainability is one of the biggest challenges and one of the biggest opportunities for the packaging industry. Packaging has become an important commodity as all industries actively work to reduce their environmental impact. Driven also by consumer demand, sustainability in the packaging industry means using fewer raw materials, resulting in less waste, and encouraging full recycling.
The biotechnology industry is particularly focused on improving the quality of life and creating value for society. The industry’s breakthrough innovations are the foundation for global health and prosperity. The life sciences industry, including biotechnology, is highly regulated, and companies are under intense pressure to incorporate sustainability initiatives into their corporate DNA.
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