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When it comes to factories, manufacturing floors and industrial facilities, the interests of plant managers and corporate sustainability professionals are intimately intertwined.
Reducing energy consumption, minimizing freshwater withdrawals from local aquifers and reusing materials that otherwise might be scrapped makes sense from financial, environmental and social standpoints. Indeed, the production floor appears to be one place where efficiency-motivated capital expenditures advocated by the sustainability team actually might stand a chance of becoming reality in board rooms without too much of a fight.
That’s even more true as companies of all shapes and sizes begin to mull the impact of the circular economy — one that prioritizes a radical shift in thinking about how resources are used and spins off new revenue streams in the process.