Efficiencies in manufacturing have taken centre stage. The idea of being able to produce something without wasting materials, time or energy has long appealed to manufacturers. While most would like to target 100 per cent efficiency levels reports suggest that many are still operating at 60 to 80 per cent levels in reality. Initiatives like the Climate Group’s global EP100 are known to be at the forefront of climate action. The initiative to save energy, in partnership with the Alliance, for instance, brought together 77 energy-smart companies. These companies committed to using energy more productively, to lower greenhouse gas emissions and accelerate a clean economy.
On the EP100 list are Indian companies like Mahindra & Mahindra Limited, Mahindra Heavy Engines Limited, Mahindra Vehicles Manufacturers Limited, Swaraj Engines Limited. Companies like BMW and Tata Motors were among companies to join initiatives like RE100 a global collaborative initiative of the world’s most influential companies committed to 100 per cent renewable power, led by The Climate Group in partnership with CDP. One of the key focus areas of the RE100 program, for instance, is to help manage fluctuating energy costs and improve competitiveness through the use of renewable power. RE100 comprises a total of 235 companies committing to go 100 per cent renewal.
MHEL doubles energy productivity
This story is from the June 2020 edition of Auto Components India.
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This story is from the June 2020 edition of Auto Components India.
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