Leverage digitalisation for sustainable operations
By introducing sustainable policies and processes with the help of digitalisation, operators can position themselves to experience smarter long-termbenefits
Dr Pratap Nair Ingenero
S ustainability can be seen as a measure of the capability of the process(es) by which something is kept at a certain level. Sustainability is a broad topic and has been described as being made up of three pillars: the economy, society and the environment. These pillars are also casually referred to as the 3Ps: people, planet and profit. Over the years, sustainability has become a necessity for enterprise growth. With changing market sentiments, sustainability is quickly becoming accepted as a key parameter along with traditional metrics. Although sustainable practices are rapidly finding ground in various domains, this article largely focuses on sustainable practices within the oil, gas and petrochemical sector and how these practices can be improved through the application of digital solutions. Over recent years, major focus and concern have being directed towards the depletion of non-renewable natural resources on account
The three pillars of sustainability
of overexploitation, energy use and emissions in operations, linear consumption of products, direction of investments, and lifestyle choices. As long as a solution is found that causes little to no harm to the natural world, while allowing for continued quality of life in today’s societal standards, this balance can be believed to be sustainable. Sustainability has become a substantial part of life as it influences purchasing behaviours, technological developments and business, and general institutional changes. Extensive sustainability programmes to improve efficiency/energy have helped companies optimise resource consumption and accelerate growth through innovative products and services, all whilst driving environmental competences and brand value. Today, sustainability is a key
Awards/media 6%
Consumer expectation 8%
Hiring gains 11%
Community impact 17%
Economic imperative 29%
Environmental protection 29%
Why companies pursue sustainable manufacturing 1
www.decarbonisationtechnology.com
66
Powered by FlippingBook