Five key tensions we are seeing in manufacturing and industrial sectors when tackling sustainability challenges.
Manufacturing and industrial businesses face very specific challenges when tackling sustainability – driven by a combination of ambitious targets, asset-heavy business models and significant impacts on both people and planet.
Based on our recent experience, sustainability creates several tensions:
- Demonstrating commitment and progress in the short term, whilst investing for the long term and still delivering short-term financial goals.
- Ensuring that sustainability is seen internally as an opportunity, not a cost centre – especially when sustainability has not historically been a core focus of the business.
- Pressure from regulations and aggressive targets driving quick but fragmented activities that lack scale and a joined-up story.
- Managing current operations whilst reinventing the core of the business – ensuring investment in disruptive innovation at scale to drive real impact.
- High-impact sustainability work struggling to become part of business as usual, resulting in a performance gap on sustainability.
If you want to know more about how leading players are managing these tensions and what best practice looks like today, please get in touch with the Mangrove team.
Mangrove is a good growth consultancy, helping accelerate businesses committed to going good. We have experience across a range of sectors including energy, construction, manufacturing, transport, fleet management, agriculture and beyond – spanning connected strategy, innovation (including circularity) and building capabilities within commercial teams.
Nick Pye
Co-Founder
Mangrove