GOLDENSTEM
CAPITAL
Sustainable
Manufacturing
According to the EPA, "Sustainable manufacturing is the creation of manufactured products through economically-sound processes that minimize negative environmental impacts while conserving energy and natural resources. Sustainable manufacturing also enhances employee, community and product safety."
Companies engaged in sustainability efforts include those of all sizes, ages and sectors. Companies move forward along the path to sustainability by improving performance and reducing their resource footprint. Ways that companies progress further on the path to sustainability include:
- Address sustainability in a coordinated, integrated and formal manner, rather than in an ad hoc, unconnected and informal manner
- Focus on increased competitiveness and revenues rather than primarily focusing on cost-cutting, risk reduction and improved efficiency
- Use innovation, scenario planning and strategic analysis to go beyond compliance
Integrate sustainability across business functions
- Focus more on the long term
Work collaboratively with external stakeholders