Global machine builders doing more to enable sustainable manufacturing – how to invest?
- Over 75% of the global top 50 machine builders are actively promoting ways in which their machines enable greater sustainability for manufacturers
- New research from Siemens Financial Services reveals top machine builders’ definitions and features of sustainability enablement
- The research also explores how machine builders are leveraging finance to respond to manufacturers’ demands for sustainability-enabling technology and equipment
- Energy Efficiency (promoted by 77% of top machine builders) – a core component of decarbonization and resource efficiency – is the most widely published sustainability benefit
- Around half of machine builders analyzed are also promoting circular economy features, in the form of Retrofit/Refurbishment (54%) and Remanufactured Parts (45%)
Defining Sustainability – a new insight study from Siemens Financial Services (SFS) – assesses the sustainability-enabling features offered by the global top 50 production machine builders to their manufacturing customers. The assessment is based on the published literature and statements of that top 50 cohort.
The paper helps establish how machine builders are defining the ways sustainability-enablement is being delivered by their solutions. It also pinpoints the sustainability-enabling priorities being promoted by top machine builders – a reflection of the demand coming from the manufacturing sector.
Sustainability features promoted by machine builders range across energy-efficiency, enhanced productivity through digitalization, low-footprint product development through digital twins, retrofit, through to waste, raw materials, water usage and pollutant reduction.
Recognizing the need to invest in more sustainable manufacturing machines is one thing. Finding the capital is another – whether entirely new equipment or retrofit modernization.
Specialist financing solutions help machinery and technology equipment vendors sell their more sustainable offering by making it easy for the manufacturer to invest through monthly payments, with no need to find (and tie up) substantial amounts of scarce capital.
“There’s now a wide recognition for machine builders to provide sustainability-enabling technology for manufacturers,” says Stefania Moruzzi, Business Development Manager- UK Industry & Machine Tools, Siemens Financial Services. “This is driven by pressures on the manufacturers themselves – through corporate sustainability reporting standards, shareholder pressure, capital markets definitions, and so on. But transition to more sustainable technology comes at a cost, at a time when capital is at a premium. Specialist finance solutions are intelligently designed to provide budget-friendly enablers of the green and sustainable transition – both for machine vendors and for their manufacturing customers.”
Methodology
Public statements of the global top 50 manufacturing production machine builders (by turnover) were analyzed. Specifically, statements about the sustainability enabling features of their machines and solutions were assessed. The analysis produced a series of definitions of sustainability-enabling machine features, along with the proportion of this top machine builder group making each sustainability-enabling claim for their technology and solutions.
For further information, please see: www.siemens.com/financing-sustainable-machines
For further information about SFS, please see: www.siemens.com/finance
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