While manufacturing sectors are key drivers of economic growth, accounting for 16% of global GDP (Gross World Product), their activities also pose serious environmental risks that must be addressed.
According to the International Energy Agency, global CO2 emissions rose by 6% year-on-year in 2021 – to an all-time high of 36.3 billion tonnes. The World Economic Forum reports that global manufacturing sectors are responsible for a fifth of CO2 emissions, consuming 54% of the world’s energy sources.
Without manufacturing, there would be no economic development, and there would be no jobs. It cannot be dispensed with, so it is all the more important to take measures to make sure it affects the environment as little as possible. A significant role in this regard is played by improving productivity, which not only reduces CO2 emissions, but also optimizes costs.
Measures to ensure production efficiency have been taken by Mitsubishi Electric for many years. The company has included ambitious goals in Environmental Vision 2021, among them is the target to reduce CO2 emissions during production. Mitsubishi Electric targeted 30% less emissions in the production process. So what were the actual results in 2021?