They have categorised their support under four key pillars: Energy efficiency, yield improvement, low greenhouse emission technology adoption, and new green processes.
The success of reaching the demand of global decarbonisation is heavily reliant on the sustainable production of minerals and commodities. A thriving mining and metals sector is crucial for the global manufacturing economy’s sustainability, and to support the innovation of new technologies and materials needed for climate change reduction, environment protection, and the circular economy.
Schneider Electric and AVEVA have committed to providing the tools required by organisations to make informed decisions that will empower people across the mining, minerals, and metals value chains. They hope that with this assistance, organisations will be encouraged to be strategic in their choices with sustainability in mind. They are assisting operators and managers in their choices, placing organisations in a stronger position, which will enable them to tackle some of the challenges associated with adopting sustainable practices.
The IDC Technology Spotlight highlighted three top market pressures that drive the sustainability agendas associated around the mining and metals industry. These are listed below:
- Need to improve brand equity
- Reduce the risk of an adverse event
- Ensure compliance with current and future regulations
In response to these revelations, Ben Kirkwood, Senior Research Manager, IDC Energy Insights - WW Mining, said,
“Technology has a critical role to play in supporting mining companies…IDC’s global analysis of the revenue growth and profitability of industrial companies shows that those with a committed and on-going sustainability-based strategy combined with a long-term, funded, digital transformation agenda considerably outperform their competitors.”
Digitalisation reinforces Mining and Metals Sustainability
The IDC Technology Spotlight also tackles the backlash the industry continues to experience, as it is perceived to be in a stagnant position about sustainability. By encouraging platforms and organisations to use analytics, (such as those suggested by the IDC) they are able to not only strive towards an improved efficiency in operations, but also enhance the visibility of the changes being made. No longer keeping the developments of the industry behind a veil.
Martin Provencher, Industry Principal, Mining, Metals and Materials, AVEVA, commented,
“Increasingly virulent cyber attacks and a growing mandate for decarbonised minerals have further emphasised the importance of having high data availability and embracing a secure, cloud-first approach to visualise and contextualise enterprise-wide processes across global operations.”Martin Provencher, Industry Principal, Mining, Metals and Materials, AVEVA,
The importance of transparency with regards to the industry has been one of the key concerns for the partnerships goal towards decarbonisation.
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