Over 300 North American manufacturing, operations and supply chain executives were asked to reveal where their greening efforts are being focused, how they’re being managed and financed, and how the outlook for eco-products is changing.
The survey, conducted by EFT Research, discovered that the corporate mindset around environmental initiatives is changing, and the need to invest in innovative products and new technologies is growing.
With 77 percent of manufacturing executives in agreement that energy prices will rise significantly next year, the focus of operations budgets is turning sharply towards how to cut the dependence on oil. With this in mind, EFT asked respondents to pinpoint what real projects they are investing in, what the challenges and barriers have been, and where they are seeing an ROI. The report revealed that the vast majority of respondents, 95 percent, agree that green manufacturing will continue to expand.
Source: IndustryWeek
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