This decade has birthed various trends and some of these trends transformed into a movement without people’s support. Sustainability started as a trend too, but its critical need has made it an influencing factor that touches human lives all over the globe. An eco-friendly counterpart of things that we have been using for ages and affecting the global environment have become incredibly popular. But the main concern of environmentalists has been industries that rely on manufacturing items and produce a considerable amount of waste.
Fortunately, there is a way to reduce the harmful impact of industries on the global ecosystem and it is through green manufacturing. In the rest of the article, we shall learn about green manufacturing specifically and discuss its benefits that cannot be missed.
Basics of Green Manufacturing
The key to sustainable development is through green manufacturing, a process that requires the utilisation of non-polluting products, renewable energy sources, and natural resources. The goal behind green manufacturing is reducing waste, pollution, and careless energy usage so that the environment could benefit from it as well. Embracing this method can make a huge difference in our current climate condition and help all living beings lead a long life. In addition to being an environmentally conscious thing to do, green manufacturing processes are believed to be far more economic and efficient.
The green manufacturing process allows you to have a win-win situation in your business and that is why it has caught the attention of various multi-millionaires. It is an eco-friendly practice that is being followed all around the globe already. The world’s largest conglomerates have started opting for green manufacturing to boost their company’s overall performance as well as repair all the damage already done to our ecosystem.
Benefits of Green Manufacturing
In the race for achieving true sustainability, environmentalists around the world have found immense possibilities including green manufacturing that allows us to ease the manufacturing process while making it economic, eco-friendly, quick, and high-quality. Following are some of the advantages of green manufacturing.
1. Tax savings
Opting for green manufacturing saves you from a lot of complicated tax liabilities. Installing green manufacturing production units is exempted from different kinds of taxes in different parts of the world. For example, in the United States, companies are given a rebate on a percentage of eligible purchases related to sustainable energy. One who oversees the manufacturing unit must ensure these tax benefits with an accountant before initiating any of the aforementioned purchases. Greener business is being encouraged by federal incentives and that is one of the main reasons why a sustainable future seems within our grasp.
2. Relying on local products
Cutting back non-renewable energy usage, manufacturing facilities can focus on relying on local alternatives because shipping things from overseas contributes to the environmental pollution and increases greenhouse gas emissions. Companies must reduce shipments to control the total cost of the supplies and find a supplier that is based locally to enjoy a short shipping duration and fewer costs. Thanks to green manufacturing, every single product in a facility can be sourced via an eco-friendly approach, for example, recycled materials.
3. Increase in Status
These days consumers are demanding transparency in all aspects which have been a driving force towards green manufacturing. The greener the product and its production process, the more popular its company gets with time. You can find thousands of sustainable brands around the globe that promise transparency and environmentally friendly procedures to manufacture one or more of their products. It is a clean label that boosts the status of a company far more than expected. It also helps green manufacturers to stay relevant and high-performance as compared to their non-eco-friendly companies.
4. Reduction of costs
One of the many signs of running a successful business is that you can cut back the total costs by introducing a green manufacturing process. When facilities start recycling discarded items to create something innovative and useful by leveraging the power of renewable energy sources, the outcome is always profitable. There is no need to buy supplies at a high price from a different part of the world when you follow green manufacturing.
5. Low Carbon Implication
As the world enters a new decade, people are observing catastrophic climate change that has been influencing the entire planet. All these natural atrocities can be related to our planet’s decaying situation that has been accelerated by a crisis in non-renewable energy sources. But through a low carbon footprint, the situation can improve with time. green manufacturing is crucial for reducing carbon footprint of various industries that have been one of the major contributors to the environmental imbalance happening all around us. with the green manufacturing process, people could efficiently cut back the total carbon footprint of their facility.
Article contributed by Giti Tire
Singapore-based Giti Tire Group originated from a tire business back in 1951. The company is the worldwide manufacturer and producer of a broad range of tire products. It works with an assortment of motorsports teams, tire dealers, major original equipment vehicle manufacturers, auto-service outlets and consumers in more than 130 countries worldwide. The company has eight production centres across three countries including a newly opened tire factory in South Carolina, USA.
The longstanding partnership with Conservation International has helped Giti Tires become a major partner for its environmental conservation efforts in the region. It has donated $1 million for various CI projects in the mountains of Southwest China and in northern Indonesia. It dedicated half of this donation to support the ShanshuiCenter for Nature and Society, which is CI’s China Affiliate. The ShanshuiCenter for Nature and Society has worked diligently in replanting 60 hectares of native forest and conserving watersheds and wetlands, thereby supporting local communities.