Key Summary Points
Our sustainability engineering is focused on two pillars – making products in a sustainable way and making products for the sustainable market.
Both a big opportunity and a priority as we progress towards our goal of becoming carbon neutral in all our facilities and operations by 2035.
45-50% of our R&D spends is going to be either influencing or impacting the sustainability market.
For sustainability, our key R&D focus areas will include energy demand production measures, energy self-generation and storage, and renewable energy supply.
We have shifted our focus to become more outcome-based to help solve global issues for the next 20-30 years.
Our customers are looking at two things – Do they get real-time visibility into their consumption, and whether the solution provider can accurately predict and control the consumption levels? If we can provide them with a compelling roadmap, they are happy to bring you to the next level of discussions.”
Sustainability engineering is a very different ballgame and requires a consulting solution approach.