In an era defined by unprecedented environmental challenges, social inequalities, and corporate responsibility, the concept of Environmental, Social, and Governance (ESG) has emerged as a transformative force. It is a set of practices used to evaluate the operational performance of a company or industry sector as it relates to social and environmental impact.
Manufacturing plays a key role in many areas of human living, and it is both part of the problem and of the solution. As manufacturing organizations grapple with the imperative to foster sustainability, ESG principles have evolved into a guiding framework. At the heart of this evolution lies technology, acting as a catalyst for ESG innovation and driving systemic change across manufacturing. This book seeks to explore the intersection of ESG and manufacturing technology.
The environmental criterion looks at whether a company pollutes or implements sustainable practices. The social criterion considers how the company works with and impacts its employees, customers, suppliers and the community as a whole. Finally, the governance criterion looks at the company’s leadership, its internal controls and audits, board governance oversight and executive pay.
This ground-breaking collection will be a comprehensive educational tool, promoting awareness, guiding investment strategies, helping to manage risks, facilitating stakeholder engagement, ensuring regulatory compliance, measuring impacts, driving innovation, and promoting ethical leadership - all of which are essential for addressing pressing global challenges and building a more sustainable future.
ESG Innovation for Sustainable Manufacturing Technology: Applications, designs and standards offers insights and diverse perspectives on this cross-disciplinary topic for an audience of researchers, advanced students and professionals in sustainable manufacturing.