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Reducing resource costs can improve operating profits by up to 60%.
Effective ESG implementation can curb a company’s increasing operational costs, including those related to water, carbon, and raw materials. A study by McKinsey revealed a positive link between a firm’s resource efficiency and its financial performance.
BLUMORPHO comment :
As energy, water, and raw materials become scarcer and more expensive, ESG practices become essential for optimized resource use. Implementing smart and sustainable manufacturing solutions through recycling, emission tracking, and water reduction not only benefits the environment
- Source :
- Link :
- McKinsey
- Science Business
- 07/24/2023
Reducing resource costs can improve operating profits by up to 60%.
Effective ESG implementation can curb a company’s increasing operational costs, including those related to water, carbon, and raw materials. A study by McKinsey revealed a positive link between a firm’s resource efficiency and its financial performance.
BLUMORPHO comment :
As energy, water, and raw materials become scarcer and more expensive, ESG practices become essential for optimized resource use. Implementing smart and sustainable manufacturing solutions through recycling, emission tracking, and water reduction not only benefits the environment
- Source :
- Link :
- McKinsey
- European Commission
- 07/03/2023
- The New England Journal of Medicine
- 06/29/2023
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