How to turn sustainability into economic strength in aerospace manufacturing. | So Good News
According to Our World in Data, the aerospace industry is responsible for about 2% of global greenhouse gas emissions.
However, Many aerospace companies have made concerted efforts over the past few decades to reduce their environmental impact. As a result, they are now some of the most sustainable businesses in the world.
Some great examples of aviation fuel companies that have achieved net-zero flight include:
- Neste (Finland)
- World Energy (US)
- Alder fuel
This fact has not gone unnoticed by investors who are increasingly investing in sustainable aerospace companies. For example, BlackRockThe world’s largest asset manager says it is looking to invest in companies taking action on climate change.
Here’s why sustainability is essential to the aerospace industry, and how companies can turn it into a business strength.
What are the Benefits of Sustainability in Aerospace?
Reducing environmental impact
Reducing environmental impact often improves resource efficiency and lowers costs. It can also mean reducing waste and emissions, improving the company’s image and complying with environmental regulations.
Boeing’s 787 Dreamliner, for example, is one type. The most fuel efficient airplanes ever built. Its size uses 20% less fuel than other aircraft, saving airlines money and reducing environmental impact.
Boeing has also developed technology to reuse and recycle parts of airplanes. This reduces waste and improves productivity. Aircraft prevention Save money by using fewer new parts.
Creating competitive advantage.
Organizations with a sustainability mindset often have an agile and entrepreneurial mindset, which makes them open to new ideas and opportunities.
Going green makes companies good for customers and employees. According to 2021 research. IBMHalf of consumers surveyed said they would pay more for products and services from sustainable companies.
Improving relationships with stakeholders.
Aerospace companies often receive negative publicity because of their environmental impact. for example, Industry is often criticized for contributing to climate change.
However, by focusing on sustainability; Space companies are environmentalists; They can improve their relationships with stakeholders such as NGOs and the general public.
How Aerospace Companies Can Turn Sustainability into Business Strength
Investing in clean technologies.
Clean technologies not only reduce pollution or waste, but also help companies use resources more efficiently.
Some examples of clean technologies used in the aerospace industry include:
- Fuel efficient aircraft engines
- Fuel efficient airplanes
- Recycling and recycling programs
The best way to choose clean technologies is to work with suppliers who have experience in sustainable manufacturing. They can recommend the best technologies for your company’s specific needs.
Focus on sustainable materials.
Sustainable materials are often more expensive than traditional materials—however, They can save companies money in the long run by reducing waste and environmental impact.
Some examples of sustainable materials used in the aerospace industry include:
- Recycled aluminum
- composite materials
When choosing sustainable materials; Aerospace manufacturers should consider the following.
- their life cycle
- Method to be used
- their environmental impact
Aerospace manufacturers that focus on sustainability can improve their relationships with stakeholders, choose clean technologies and use sustainable materials. These actions will improve operational efficiency and save the company money.