Flex commits to cutting operational emissions in half by 2030 joins the science based targets initiative
Published on : Tuesday 27-04-2021
New long-term sustainability strategy establishes bold environmental goals in partnership with suppliers and customers to combat climate change.
Chennai, April 26, 2021 – Flex has announced its commitment to cut operational emissions in half by 2030 as part of the company’s new long-term sustainability strategy. In partnership with suppliers and customers,AVEVA re-enforces importance of AI & ML for transforming industrial operations
Artificial intelligence and its intersection with human insights is critical to business efficiency and sustainability in the post-pandemic era.
Mumbai, India, 26th April 2021 – AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has stressed how the role of the ‘Connected Worker’ will be instrumental in enabling digital solutions to optimise business returns in a post-pandemic world.
Now more than ever, keeping frontline industrial workers safe, while at the same time ensuring business continuity and operational resilience, is vital. For example, Connected Worker technology is helping many AVEVA customers maintain their critical operations and keep workers safe, while in parallel saving businesses time and money. Those that haven’t digitised their operations will struggle as they face the demand for social distancing and remote work brought on by the pandemic.
According to AVEVA’s Head of Asset Performance Management, Kim Custeau, the business drivers for digital transformation have evolved considerably since the onset of the pandemic a year ago. “With remote teams requiring better context to supervise operations, collaborate and make decisions, there is a heightened need for better visualisation and contextual analysis of operating information across the enterprise,” she commented, adding, “Cloud, industrial IoT, Artificial Intelligence, (AI ) and data & analytics will drive real-time business outcomes such as efficiency, availability, sustainability and profitability.”
The implementation of AI and machine learning (ML) in industrial operations alone will not transform businesses and so it is imperative that enterprises empower their people to help drive operational improvements in reliability, availability, consistency, and sustainability. The connected workforce is now becoming the agent of change. As operations become more and more autonomous, ensuring the reliability and safe operation of critical assets with minimal supervision is vital.
Personnel on the shop floor and in the field will need more guidance and aids, as deep expertise becomes scarce. Advanced machines are developing core competencies around human needs. ‘The ‘Connected Worker’s’ focus today, is on considering the needs of the human behind the ‘working asset’ and this has grown to become part of the engaged workforce that will attain the true full value potential of digital transformation programs.
“As companies turn to AI across every operational task and process, then inference, prediction, guidance and adaptation to dynamic conditions become imperatives. AVEVA is already infusing AI into every aspect of our portfolio,” Custeau said. “These capabilities combine to create a holistic ‘digital twin’ – which maps comprehensive physical and behavioural attributes of assets – to simulate, evaluate, predict and prescribe.”
AVEVA’s digital twin solution provides data discovery and navigation through an intuitive web-based user interface with built in 1D, 2D and 3D visualisation. The technology also delivers in-depth asset information which greatly enhances decision-making, allowing anyone across the business to view data about the asset in the context of the physical asset itself and its connectivity in the plant.
AVEVA is working with Chemicals Business, SCG, one of the largest petrochemical companies in Thailand and a key industry player in Asia, to develop a Digital Reliability Platform (DRP), a complete asset performance management (APM) solution to predict equipment health, monitor performance, and enable advanced maintenance across its operations to eliminate unplanned downtime. This partnership matches the SCG’s broader digital transformation imperative to become a data-driven organisation to advance its position as a leader in the petrochemical industry.
“In our quest for a partner, AVEVA was the only company to provide an end-to-end solution spanning engineering, operations, and maintenance. Together we have successfully brought together big data, AI, machine learning, and predictive analytics into a practical solution that will empower our workers and improve our performance,” said Mr Mongkol Hengrojanasophon, Vice President – Olefins Business and Operations, Chemicals Business, SCG
“We have collaborated with SCG to build a solution that we are sharing with the wider petrochemicals industry. Together, we have created a set of multi-dimensional digital transformation capabilities that can bring benefits to the whole sector. This kind of partnership is so powerful for our businesses and customers. We are excited about what the future will bring,” Custeau said.
According to Custeau, industrial IOT has created the opportunity to access unprecedented amounts of data from connected assets. With improvements in connectivity and data security, historical barriers are being lowered and the advantages of cloud deployments are being realised. “It is the visual and human aspects of AI that will drive the industrial software revolution. The Digital Twin and Connected Worker will accelerate time to value, and the significant benefits of Cloud and AI are becoming a reality,” she concluded. Flex has set bold environmental goals to combat climate change. Aligning scope 1, 2 and 3 emissions reduction targets, the company has joined the Science Based Targets initiative (SBTi), the global movement of leading companies working to reach the Paris Agreement’s goal of limiting global temperature rise to 1.5°C above preindustrial levels. Flex conducted an exhaustive data analysis of each of the 15 categories of scope 3 emissions as part of its acceptance into the SBTi.
“Environmentally sustainable practices are more critical than ever before to combating the realities of climate change, driving supply chain resiliency and realizing greater advanced manufacturing efficiencies on the factory floor,” said Francois Barbier, president, Global Operations. “Joining the SBTi furthers our commitment to mitigate climate change through consistent and concerted action across the value chain. Throughout my tenure at Flex, I’ve never been more excited about the future of sustainable manufacturing.”
Building on more than 10 years of investment in emissions reduction and resource-efficient manufacturing processes, Flex is setting ambitious commitments, which include:
· Reduce absolute scope 1 and 2 greenhouse gas emissions 50% by 2030 from a 2019 base year
· Require 50% of its preferred suppliers to set greenhouse gas emissions reduction targets by 2025, and 100% by 2030
· Commit to partner with 70% of customers by emissions covering purchased goods and services, capital goods and use of sold products to set science-based targets by 2025
· Achieve zero waste in 50% of its manufacturing & logistics sites by 2025, and
· Reduce water withdrawn by 5%, focusing on sites located in water scarce areas, by 2025.
“We’re proud to partner with our suppliers and customers in our continued sustainability journey and collectively help address a growing global issue through meaningful action,” continued Mr Barbier. “As we live our purpose of making great products for customers that create value and improve people’s lives, we are committed to doing so in a responsible way that contributes to a healthier, less resource intensive future for all.”