Becoming sustainable can be good for business too_r730 tio2     DATE: 2022-08-19 13:44:26

March 2, 2022

Becoming sustainable can be good for business too

by National Institute of Standards and Technology

Becoming sustainable can be good for business too
The three categories of standards (Management, Goal Setting, and Measurement) related to SASB discussed in Escoto et al. (2022). Credit: KC Morris

Sustainability is becoming a selling point for many customers, and small and medium manufacturers (SMMs) up and down supply chains are being pushed to address their emissions and resource use. However, many SMMs are hesitant to take on sustainability goals. A new paper from NIST and Georgetown University, Refocusing the barriers to sustainability for small and medium-sized manufacturers, addresses their hesitations by reviewing data from corporate sustainability reports and projects supported by the Departments of Commerce and Energy. The paper identifies several standards used to improve sustainability that also yielded increased sales and retained customers and jobs in SMMs.

SMMs are the backbone of every manufacturing supply chain. They account for >98% of manufacturing firms in the US and 76.6% of the manufacturing sector's total environmental impact. This means that making SMMs more sustainable can greatly reduce the country's emissions and resource use. The world is responding. Most large, multinational corporations are reporting on their own sustainability impacts and are starting to ask questions of their supply chains down to the SMM.

For this study, the authors examined the open literature and interviewed industry experts to better understand the barriers that SMMs face when pursuing sustainability projects. The barriers were addressed across three categories:

Becoming sustainable can be good for business too
Manufacturers that engaged in ISO-based sustainability projects saw high retained sales and retained jobs. Credit: KC Morris

KC Morris is an author of the study and leads sustainable manufacturing research at NIST. She is an executive committee officer for ASTM International's E60 Committee on Sustainability and currently leads the System Integration Division's efforts on Circular Economy in Manufacturing.


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More information:Xavier Escoto et al, Refocusing the barriers to sustainability for small and medium-sized manufacturers, Journal of Cleaner Production(2022). DOI: 10.1016/j.jclepro.2022.130589 Journal information:Journal of Cleaner Production

Provided by National Institute of Standards and Technology Citation: Becoming sustainable can be good for business too (2022, March 2) retrieved 3 March 2022 from https://phys.org/news/2022-03-sustainable-good-business.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. 6 shares