[ad_1]
Overview
Additive manufacturing is more sustainable, efficient, flexible, and cost-effective than traditional manufacturing methods. With rising concerns about greenhouse gas emissions, additive manufacture is an important advancement in industry. It allows industry to better meet climate change mitigation requirements by reducing emissions and byproducts.
The technology of additive manufacturing has seen significant advancements in the past decade. PIN IT
Additive manufacturing is also working to improve its print speed in traditional-sized machines for parts. In order to better meet the needs of a wider range of manufacturing challenges, it is also increasing its printer size. These include large-scale items such as wind turbine blades and traditional metal turbines, car frames, and structures for sustainable energy. They also have to print replacement parts for traditional energy plants. Additive has a base in today’s industry in the automotive and aerospace fields, designing and optimizing parts for serial production.
The Climate Crisis and Environment, Social and Governance Initiatives
Consumers and governments are asking companies to lead the way in the fight against global carbon dioxide and greenhouse gas emissions. In November 2021, UN Climate forum COP 26 published a list of goals urging countries to promote green energy initiatives and reduce coal consumption.
According to the American Environmental Protection Agency (35% of all carbon emissions are from transportation; 31% come from energy generation). Businesses must accelerate the adoption of green energy technologies, such as those found in Environmental, Social, and Governance initiatives (ESG), to address climate change’s growing concerns.
While firms can be conscious of their carbon emissions and take steps to reduce greenhouse gas pollution through their ESG initiatives, most of the pollution is caused by Scope 3 (indirect emission sources) in the supply chain. New processes must be developed for all three Scopes in order to meet the needs of both government and company regulation, as well as environmental and sustainability goals. Additive manufacturing will enable better green energy initiatives.
Clients of ARC Advisory Group can view the entire report at ARC Client Portal
You can purchase this report, or get information about how you can become a client. Get in touch
Keywords: Additive Manufacturing. Additively Manufactured Electronics. Renewable Energy. Green Initiative. Climate Change. ARC Advisory Group.